Almost 4 acres! Pretty wraparound porch! C. 1892 Victorian farmhouse in North Carolina. $319,000.
This 1892 Victorian farmhouse sits on 3.77 acres in Mount Gilead, North Carolina, close to Lake Tillery. It has 5 bedrooms, 2 bathrooms, and 2,917 square feet, wrapped in a wide, curved wraparound porch. The listing describes it as historical charm combined with modern upgrades, not a fixer-upper.
502 W Allenton St, Mount Gilead, NC 27306 — $319,000
Curb Appeal and the Wraparound Porch
The porch is the standout feature. It wraps around the front and side of the house, curving around a rounded turret-style bay, with round white columns set on brick piers. The listing calls out the original doors and decorative trim that came with it.
It’s a deep porch, wide enough for seating, and it looks out over a big, level, well-kept front lawn.
Features:
- Wraparound front porch
- Original doors and decorative trim
- Brick pier and column construction
- Level front lawn
A Victorian Farmhouse with a Past
Built in 1892, this is a 19th-century farmhouse, and it comes with a catch that’s worth knowing up front: the property is subject to protective historic covenants. That typically means restrictions on exterior changes, so anyone planning renovations should look into what those covenants allow before making offers.
Features:
- Built in 1892
- Victorian farmhouse style
- Subject to protective historic covenants
Layout and Living Space
The home has 2,917 square feet across two levels. The listing doesn’t break down every room, but it does flag one quirk worth knowing: of the 5 bedrooms, one does not have a closet.
Features:
- 2,917 square feet
- Two stories
- 5 bedrooms
- One bedroom without a closet
Bathrooms
There are 2 full bathrooms in the home. The listing doesn’t go into finishes or fixtures beyond that.
Features:
- 2 bathrooms
Original Hardwood Floors and Trim
Original hardwood floors run through the main living areas and bedrooms. The listing points to them, along with the porch’s original doors and trim, as the details that preserve the home’s character.
Features:
- Original hardwood floors in main living areas and bedrooms
- Original doors and trim on the porch
Historic Outbuildings
Beyond the house itself, the property comes with several historic outbuildings: an active wellhouse, a smokehouse, a barn, and a chicken house. That’s a rare set of period farm structures to still have intact on a residential lot this size.
Features:
- Active wellhouse
- Smokehouse
- Barn
- Chicken house
The Land: 3.77 Acres
The lot is 3.77 acres, described as private, with a spacious backyard the listing calls a peaceful, secluded retreat, good for entertaining or just spreading out.
Features:
- 3.77-acre lot
- Private, secluded backyard
- City water, septic sewer
Systems and Updates
The big-ticket mechanical items have already been handled: a newer dual-zone HVAC system and a newer roof. Heating is central, and cooling is central air.
Features:
- Newer dual-zone HVAC system
- Newer roof
- Central heat and air
- City water
- Septic system
Location Near Lake Tillery
Mount Gilead sits close to the shores of Lake Tillery, and the listing highlights easy access to a public boat ramp, Piney Point Golf Course, local restaurants, and nearby storage facilities. It’s pitched as workable either as a full-time home or a weekend retreat.
Features:
- Near Lake Tillery and a public boat ramp
- Near Piney Point Golf Course
- Close to local restaurants and storage facilities
Nearby Schools
The nearest public schools are Mount Gilead Elementary (PK-5), about 0.6 miles away, West Middle (6-8), about 8.3 miles away, and Montgomery Learning Academy (6-12), about 12 miles away.
Features:
- Mount Gilead Elementary School, PK-5, 0.6 mi
- West Middle School, 6-8, 8.3 mi
- Montgomery Learning Academy, 6-12, 12 mi
Price History
This listing has been on the market 170 days. It first listed on April 10, 2026 at $335,000, dropped to $329,000 in late June, and dropped again to its current $319,000 in early August, which works out to about $109 a square foot. The home also listed and was pulled in past years at higher prices, up to $385,000 in 2024, so the asking price has come down considerably since then.
Features:
- 170 days on market
- Current price: $319,000 ($109/sq ft)
- Two price drops since listing in April 2026
- Previously listed as high as $385,000 (2024)
At $319,000, this is a 5-bedroom Victorian farmhouse on nearly 4 acres, with its wraparound porch, original hardwood floors, and a full set of period outbuildings still standing. It suits a buyer who wants genuine 1892 character with a newer roof and HVAC already done, near Lake Tillery.
Full Listing Description
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 including an active wellhouse, smokehouse, barn, and chicken house. The spacious backyard offers a peaceful, secluded retreat perfect for entertaining or simply enjoying the surroundings.
Inside, original hardwood floors grace the main living areas and bedrooms, preserving the home’s timeless character, while a newer dual-zone HVAC system and roof provide modern comfort and peace of mind. This home offers 5 bedrooms, though one bedroom does not include a closet.
The property is also subject to protective historic covenants. Conveniently located near Piney Point Golf Course and the scenic shores of Lake Tillery, you’ll enjoy easy access to local restaurants, a public boat ramp, and nearby storage facilities making it ideal for both full-time living or a weekend retreat.
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