502 W Allenton Street, Mount Gilead, NC 27306

$385,000 Asking Price

5 beds
2 baths
2,917  sqft
Built in 1892

This charming 19th-century Victorian farmhouse, located near Lake Tillery, seamlessly combines historical charm with modern upgrades. Situated on a private 3.77-acre lot, this home features a picturesque wrap-around porch adorned with original doors and decorative trims. The property boasts additional historic structures such as an active wellhouse, smokehouse, barn, corncrib, and a 1920s garage, once owned by Frankie Scarborough, one of Mount Gilead’s earliest car owners. The spacious backyard offers a secluded retreat for entertaining guests. Inside, the original hardwood floors grace the main living areas and bedrooms, while a brand new dual-zone HVAC system and roof ensure comfort and durability. This home is subject to protective historic covenants. Conveniently located near Piney Point Golf Course and the scenic shores of Lake Tillery, to enjoy easy access to restaurants, a public boat ramp, and storage facilities.


Features & Amenities

Interior

Appliances:
Electric Water Heater
Basement:
Crawl Space
A/C:
Central Air
Heating:
Heat Pump, No Fuel
Fireplace:
Dining Room, Living Room, Primary Bedroom, Fireplaces: 5

Exterior

Pool:
None
Parking:
Driveway

Construction

General:
Wood Siding, Two

Location

Originating MLS:
Triad MLS
County:
Montgomery

Lot

Zoning:
RA
Fencing:
None

Utilities

Water:
Public
Sewer:
Septic Tank

Financial

Source:
Triad MLS

This listing courtesy of:
Three Realty Group LLC, Sarah Coltrane

About Mount Gilead, NC

Housing

Number of Units
4,556
Median Home Value
$205,746
Median Rent
$414

10.36% of housing units are renter occupied.

40.47% are vacant.

Commute

Car
90.27%
Public Transportation
0.07%
Walk to Work
5.58%
Work from Home
4.04%
Other
0.02%

The median travel time to work is 27 minutes.

People

Population
6,419
Median Age
48.60
Median Household Size
2.45

Education

High School
36.29%
Associate’s Degree
11.27%
Bachelor’s Degree
8.44%
Graduate Degree
4.49%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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