# Water Oak Way lot: # 11, Mount Gilead, NC 27306 > **TL;DR:** land, $265,000. > Waterfront. Est. $2,281/mo. Listed 1391 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $265,000 | | Lot Size | 58,370 sqft (1.34 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 1391 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,340 | | Estimated Insurance | $77 | | HOA | $864 | | **Total** | **$2,281** | ## Nearby Schools - **Elementary:** Unspecified - **Middle:** Unspecified - **High:** Unspecified ## Key Amenities - Waterfront ## Property Highlights - 1.34 acre lot - Waterfront ## Description ### Agent Description Part of the newly subdivided portion of Swift Island Plantation on Lake Tillery, Lot 11 is over 1.34 acres with more than 190 feet of shoreline on the homesite lot. There is also a second parcel that conveys with this property which has over 400 feet of shoreline and is a point looking out of the cove. The views are beautiful and the water depth is great. Hardwoods are abundant and the subdivision is serviced by county water / city sewer along with underground utilities. Swift Island Plantation is a gated community with an established HOA. Current Duke Energy guidelines show this property qualifies for a lease which allows for a boathouse and bulkhead. This is to be confirmed by the buyer with Duke Energy. Swift Island Plantation website is for more info. ## Location - **Address:** Water Oak Way lot: # 11, Mount Gilead, NC 27306 - **County:** Montgomery - **Neighborhood:** Swift Island Plantation - **Coordinates:** 35.284001, -80.087703 - **Google Maps:** https://www.google.com/maps?q=35.284001,-80.087703 ## Listing Agent - **Name:** Mark McRae - **Brokerage:** Mark McRae Properties, LLC - **Broker Phone:** (704) 985-3128 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Water-Oak-Way-Lot-9_Mount-Gilead_NC_27306_M91421-06307?f=listhub&s=CMLSNC&m=3934831&c=propsimple) ## Photos ![Water Oak Way lot: # 11 - Photo 1](http://lh.rdcpix.com/454a163bb20a2cdd24e6bf90e6626f07l-f262112858r.jpg) ![Water Oak Way lot: # 11 - Photo 2](http://lh.rdcpix.com/454a163bb20a2cdd24e6bf90e6626f07l-f1828303215r.jpg) ![Water Oak Way lot: # 11 - Photo 3](http://lh.rdcpix.com/454a163bb20a2cdd24e6bf90e6626f07l-f4186755289r.jpg) ![Water Oak Way lot: # 11 - Photo 4](http://lh.rdcpix.com/454a163bb20a2cdd24e6bf90e6626f07l-f1273827776r.jpg) ![Water Oak Way lot: # 11 - Photo 5](http://lh.rdcpix.com/454a163bb20a2cdd24e6bf90e6626f07l-f3035171007r.jpg) ![Water Oak Way lot: # 11 - Photo 6](http://lh.rdcpix.com/454a163bb20a2cdd24e6bf90e6626f07l-f3344978688r.jpg) ![Water Oak Way lot: # 11 - Photo 7](http://lh.rdcpix.com/454a163bb20a2cdd24e6bf90e6626f07l-f977802288r.jpg) --- **MLS#:** 3934831 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/water-oak-way-lot-11-mount-gilead-nc-27306-0e113bf5be9d46ae8b59934e8e292d9e) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/water-oak-way-lot-11-mount-gilead-nc-27306-0e113bf5be9d46ae8b59934e8e292d9e#listing", "url": "https://www.propertysimple.ai/listing/water-oak-way-lot-11-mount-gilead-nc-27306-0e113bf5be9d46ae8b59934e8e292d9e", "name": "Water Oak Way lot: # 11, Mount Gilead, NC 27306", "description": "Part of the newly subdivided portion of Swift Island Plantation on Lake Tillery, Lot 11 is over 1.34 acres with more than 190 feet of shoreline on the homesite lot. There is also a second parcel that conveys with this property which has over 400 feet of shoreline and is a point looking out of the cove. The views are beautiful and the water depth is great. Hardwoods are abundant and the subdivision is serviced by county water / city sewer along with underground utilities. Swift Island Plantation is a gated community with an established HOA. Current Duke Energy guidelines show this property qualifies for a lease which allows for a boathouse and bulkhead. This is to be confirmed by the buyer with Duke Energy. 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