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Mount Gilead · Mount Gilead, NC

123 Cove Point

Mount Gilead, NC · 8,141 sqft

$12,950,000

  • 5Beds
  • 5.5Baths
  • 8,141SqFt
  • 2024Year
  • 2Days on market

About this home

Set on the point of a peninsula within a gated community, this custom-built modern estate is Lake Tillery's premier offering, a three-story masterpiece where every room frames picturesque lake views. Sold fully furnished with designer pieces and luxury finishes throughout, the home blends dramatic architectural details with resort-caliber outdoor living for a truly rare, move-in-ready waterfront property. A pivoting white oak front door opens beneath a foyer with a soaring 33' ceiling, setting the tone for the great room beyond, where floor-to-ceiling glass fills the home with natural light. A floating white oak staircase rises through all three levels, with an elevator also serving each floor. The kitchen is a study in craftsmanship, anchored by leathered quartzite countertops, a five-burner range with dual ovens, dual Miele dishwashers, a Sub-Zero refrigerator and separate freezer, and an oversized island with seating for five and hidden storage. A scullery extends the space with an additional prep sink, two Sub-Zero wine fridges, and custom cabinetry, keeping the primary kitchen pristine for entertaining. The great room centers around a three-sided glass fireplace with faux Venetian plaster reinforced by steel beams. Nearby, the living room offers a relaxed lounge space, which flows through a minibar area into the office, offering a quiet space to work from home. Outside, the main level flows through walls of glass to the expansive main-level deck, which includes a dining area, seated lounge area, and a covered porch with two motorized screen options: mesh screens for sun protection and clear vinyl screens for heat retention in the winter. The primary suite occupies its own wing on the upper level, with vaulted white oak ceilings, a suspended Gyrofocus gas fireplace, and a private deck overlooking the lake. Its ensuite bath is a retreat unto itself, with dual floating vanities, a cosmetic station, heated flooring that is customizable on each side, an oversized walk-in shower built for two, a freestanding concrete soaking tub, and dual private water closets. Across the upper-level catwalk, the dedicated closet wing offers her and his closets, each with high-end organizational systems, designer lighting, and centerpiece islands, alongside a powder room and a fully equipped laundry room with custom cabinetry, marble countertops, and a sink. The lower level opens to a resort-style living room centered around a 72" gas fireplace, plus a full bar area, a pool table, a game table, multiple storage rooms, and a drop zone for effortless organization. A bunk room, two additional guest bedrooms, and two guest baths round out the lower level. Through the drop zone off the kitchen, the three-car garage with epoxy flooring is paired with an upper-level bonus suite, a flexible space suited for an additional guest bedroom, home office, exercise studio, or media room, complete with its own wet bar and guest bath. Outdoor amenities elevate this property beyond compare. The lower-level covered patio extends the entertaining space outdoors with a lounge area and a full summer kitchen, featuring a pizza oven, a Big Green Egg, a Yoder smoker, and a zinc-top table with seating for ten, along with an outdoor shower for rinsing off after a day on the water. Stone patios, walkways, and a sweeping stone seat wall create gathering spaces across the grounds, set against synthetic turf and landscape lighting. Along the 411’ of private shoreline, a private boathouse offers its own lounge area, an enclosed storage space, and a boat lift, complete with a 2023 22' Barletta pontoon boat that conveys with the home, making lake access as effortless as the rest of the property. This Lake Tillery estate offers convenient access to nearby marinas and the Tillery Tradition Country Club, and sits roughly an hour and twenty minutes to both Uptown Charlotte and Charlotte Douglas International Airport, offering rare seclusion without sacrificing convenience.

Property details

Beds
5
Baths
5.5
SqFt
8,141
Lot
Year built
2024
Type
Single Family
Days on market
2
Garage
3
Style
Contemporary
Heating
Central, Electric, Fresh Air Ventilation, Heat Pump, Radiant Floor
Cooling
Ceiling Fan(s), Central Air, Ductless, Electric, Heat Pump, Humidity Control
Foundation
Basement, Permanent, Other - See Remarks
Flooring
Carpet, Tile, Vinyl, Wood
View
Long Range, Water, Year Round
HOA dues
$1,372 / yr

Features

  • Attic Stairs Pulldown
  • Built-in Features
  • Drop Zone
  • Elevator
  • Entrance Foyer
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Storage
  • Walk-In Closet(s)
  • Walk-In Pantry
  • Wet Bar
  • Fire Pit
  • In-Ground Irrigation
  • Outdoor Shower
  • Storage

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$93,807/ month

Principal & interest
$80,203
Property tax (~0.90%)
$9,712
Homeowners insurance
$3,777
HOA dues
$114

Down payment

$647,500 down · $12,302,500 financed

Income to qualify (28% rule)

~$4,020,300 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.