$650,000
$25K PRICE DROP

1278 Island Creek Dr Troy, NC 27371

Estimated payment $3,837/month

Total Views 18,702
3 Beds
2 Baths
1,759 Sq Ft
$370 Price per Sq Ft

Highlights

  • Boathouse
  • Clubhouse
  • Workshop
  • Waterfront
  • Traditional Architecture
  • Screened Porch

About This Home

Lakefront living at its finest in the gated Carolina Forest community! This beautifully updated home sits on nearly of an acre with direct waterfront access, a private dock, and a boathouse with two slips. Enjoy peaceful mornings on the screened-in porch and cozy evenings by the firepit. Inside, you'll love the newly renovated kitchen with new appliances and countertops, plus new flooring and fresh paint throughout. Community amenities include a pool, tennis courts, clubhouse, and scenic nature trails. Nestled across from Morrow Mountain State Park and just minutes from Uwharrie National Forest, endless opportunities for hiking, boating, and exploring nature are all around you. Your perfect Lake Tillery retreat awaits!

Listing Agent

Melissa Collins

Cottingham Chalk Brokerage Email: mbrannan@cottinghamchalk.com License #322862 Listed on: 04/23/2025

Cottingham Chalk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,549

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • Sloped Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Wood Siding
  • Radon Mitigation System

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Vinyl Flooring
  • Water Views
  • Partially Finished Basement
  • Workshop
  • Laundry closet

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Outdoor Features

  • Boathouse
  • Fire Pit
  • Shed

Schools

  • Mount Gilead Elementary School
  • West Middle School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Community Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6589-19-70-2519

Community Details

Overview

  • Lake Tillery Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,549

Year Built

Built in 1971

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1971
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 369.53
  • Geocode Confidence: High
  • Attribution Contact: mbrannan@cottinghamchalk.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1205
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 608
  • Sq Ft Unheated Main: 242
  • Sq Ft Unheated Total: 850
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1205
  • Has Basement: Basement Garage Door, Basement Shop, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 554
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1759
  • Bedroom Main: 2
  • Room Count: 9
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat House, Dock
  • Construction Type: Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 490
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet
  • Security: Radon Mitigation System
  • Cooling: Central Air
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Outdoor Pool, Playground, Tennis Court(s)
  • Association Fee: 990
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Carolina Forest
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 990.00

Schools

  • Middle Or Junior School: West Middle
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Waterfront
  • Lot Size Area: 0.72
  • Lot Size Units: Acres
  • Parcel Number: 6589-19-70-2519
  • Additional Parcels: No
  • Zoning Specification: R

MLS Schools

  • Elementary School: Mount Gilead
  • High School: Unspecified

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,549 $414,460 $234,048 $180,412
2023 $2,549 $414,460 $234,048 $180,412
2022 $2,549 $414,460 $234,048 $180,412
2021 $2,549 $414,460 $234,048 $180,412
2020 $2,549 $414,460 $234,048 $180,412
2018 $2,415 $389,500 $234,048 $155,452
2017 $2,415 $389,500 $234,048 $155,452
2016 $2,415 $389,500 $234,048 $155,452
2015 $2,383 $389,500 $0 $0
2014 $2,383 $389,533 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $650,000 -3.7% $370 / Sq Ft
04/23/2025 04/23/25 For Sale $675,000 -- $384 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 None Available
Warranty Deed $359,500 None Available
Warranty Deed $359,500 --
Warranty Deed $359,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,750 New Conventional
Previous Owner $306,000 New Conventional
Previous Owner $315,299 New Conventional
Previous Owner $325,000 New Conventional
Source: Public Records

Similar Homes in Troy, NC

  • 179 Mountain View Ln, Troy, NC 27371

    $740,000

    • 3 Beds
    • 2.5 Baths
    • 2,378 Sq Ft
    • 179 Mountain View Ln
    • Troy, NC

    The VIEW of a lifetime is an understatement for this PENINSULA lot as it juts out into the water. The Boat dock is on one side of this POINT in a cove, and a large Dock on the opposite side on the main channel sits across from Uwharrie National Forest. Water surrounds you, as you observe from the beautifully placed Gazebo just at the Lot's Point. There is room for many visitors as there are 3

    Suzanne Wainwright Wainwright Real Estate LLC

    Section Image
  • 126 Abbey Ln, Troy, NC 27371

    $760,000

    • 3 Beds
    • 3 Baths
    • 2,653 Sq Ft
    • 126 Abbey Ln
    • Troy, NC

    Welcome to your dream waterfront retreat on Lake Tillery! This stunning multi-level home offers a perfect blend of comfort, relaxation, and outdoor adventure. This 3-bedroom, 3-bath property is an ideal escape for those seeking a peaceful lifestyle surrounded by nature.Enjoy the picturesque views from a large back deck, a private balcony, and a sprawling yard that’s perfect for

    Sheila Allison Lantern Realty & Development

    Section Image
  • 115 S Pearl St, Troy, NC 27371

    $499,000

    • 6 Beds
    • 3.5 Baths
    • 5,339 Sq Ft
    • 115 S Pearl St
    • Troy, NC

    Historic Victorian Legacy Home Central NC Montgomery Co. 16 Rm Potential B&B or private home with live & workspace Original home built 1892 and 1910 w/2 wings built in 1980's. Move-In Ready. Min from beautiful Lake Tillery & Uwharrie Mtns with great recreational activities. 2 story antique paneled wood entrance, antique oak floors, stained glass window, massive staircase. Parlor w/fireplace,

    Tracy Dowling Homecoin.com

    Section Image
  • 514 Wood St, Troy, NC 27371

    $499,000

    • 3 Beds
    • 3 Baths
    • 4,086 Sq Ft
    • 514 Wood St
    • Troy, NC

    Secluded Retreat in Troy, NC - Spacious 3-Bedroom Dream home on 1.36 acres Welcome to your private oasis in the heart of Troy, NC. Nestled on 1.36 acres in a quiet, secluded area, this expansive 3-bedroom, 3-bathroom single family home offers over 4,000 square feet of living space--perfect for entertaining, relaxing and enjoying the serenity of nature. Step inside to discover generous

    Melonie Greene Toni Fish & Associates Inc Realty

    Section Image

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4249802

Canopy MLS (Canopy Realtor® Association)

APN: 6589-19-70-2519