502 Lake Shore Drive
Norwood, NC, 28128 $ 3,950,000
Bedrooms5 Baths4.4 Sq 8,518 Monthly Estimate*
$ 27,282
for $3,950,000 with 5 bedrooms and 4 full baths, 4 half baths. This 8,518 square foot home was built in 2018 on a lot size of 14.37.
Cross listed at MLS#4381915. This perfectly tucked away gated estate contains two parcels. The first 7.37 acres (416 Lake Shore) includes a 1,300 sq ft rustic cabin, barn, waterside dock with boat lift and entertaining deck with kitchen. The adjoining 7 acres (502 Lake Shore) include the 7,000 sq ft lodge, barn, riding arena, and 3 fenced acres with a run-in shed. The total property is just over 14 acres, named "Hawk's Nest". Nestled on one of the highest spots on Lake Tillery, the equestrian property comes complete with rows of orchards, roses, meticulous landscaping and custom finishes throughout the property. The lodge has 3 bedrooms, living room, office and Viking kitchen on the main floor. The second floor is made for entertaining with a large event room with picturesque views of the lake, commercial grade kitchen including custom Italian Scavolini cabinets and appliances, 2 half bathrooms and a meeting room complete with wet bar plus side, back and front decks. The 3rd floor has breathtaking views of Lake Tillery and the surrounding area from multiple locations, a half bath, bonus room and more storage. Residential grade elevator installed for easy transitions between the levels. Also on the property, a second living quarters, barn complete with office space, workshop and 4 stalls. Pasture includes a run-in shed, doghouse with wooded and open green space. Property is zoned Low-Density Residential, however also in the Tourism Encouragement Area, outlined in the Town of Norwood Land Use Plan, which allows for development options. **For more pictures of the property, please see the land listing MLS#4381915.
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FeaturesGeneralLiving Area 7184
Sewer County Sewer Septic Installed
Heating Central Ductless
Cooling Central Air Ductless
Appliances Dishwasher Exhaust Fan Exhaust Hood Gas Oven Gas Range Microwave Refrigerator Tankless Water Heater Washer
Garage Spaces 2
Patio/Porch Features Balcony Covered Deck Front Porch Porch Rear Porch Side Porch
Construction Materials Wood
Exclusions none
Year Built 2018
View Long Range Water Year Round
Levels Three
Property Subtype Single Family Residence
Parcel Number 6564-02-87-9490
Waterfront Features Boat House Boat Lift Boat Slip (Deed) Covered structure
Additional Parcels Description 6564-02-87-5123
County Stanly
New Construction N
Property Type Residential
HOA N
Subdivision Name None
Garage Y/N Y
Other Structures Barn(s) Shed(s) Workshop
Full Baths 4
High School Unspecified
City Norwood
Body of Water Lake Tillery
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Y
Standard Status Active
Construction Type Site Built
Tax Assessed Value 1125205
Listing Terms Cash Conventional
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InteriorInterior Amenities Built-in Features Elevator Kitchen Island Open Floorplan Pantry Storage Walk-In Closet(s) Walk-In Pantry Wet Bar
Flooring Tile
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 7184
Half Baths 4
Laundry Features Utility Room Upper Level
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 8
SqFt Main 2525
SqFt Lower 0
SqFt Garage 864
SqFt Upper 3364
Bedroom 3
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ExteriorExterior Amenities Fence In-Ground Irrigation
Fencing Back Yard
Parking Features Attached Garage Garage Faces Rear
Lot Features Hilly Pasture Private Wooded Views Waterfront
Water Source City
Lot Size Area 14.37
Foundation Details Slab
Road Surface Type Gated Gravel Paved
Door Features French Doors
Road Responsibility Publicly Maintained Road
Horse Amenities Arena Barn Equestrian Facilities Hay Storage Horses Allowed Pasture Run in Shelter Tack Room Trailer Storage
Main Level Garage YN Y
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $27,282
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Norwood, NC
Average List Price $877,439
Percent of Sale Price 78%
About Norwood, NC 2,399 Population
-3% Since 2002
$ 39,432 Median Income
43.57 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/17/2026 | $3,950,000 | -12.22% | Price Down |
| 7/17/2026 | $4,500,000 | -5.26% | Price Down |
| 5/7/2026 | $4,750,000 | | Listed Price |