For Sale $4,299,000
PRE-CONSTRUCTION OPPORTUNITY! Estimated completion: Spring/Summer 2027. Welcome to 154 Peninsula Point Drive, a new construction opportunity in the desirable waterfront community of Edgewater on Lake Tillery. Designed for sophisticated lake living and effortless entertaining, this impressive residence offers 5,682 SF of finished space across three thoughtfully planned levels, with 6 bedrooms, 5 full baths and approximately 7,100 SF total under roof. Striking architecture, generous proportions and seamless indoor/outdoor connections create a distinctive retreat designed to embrace the Lake Tillery lifestyle. Step inside to a light-filled main level enhanced by 10’ ceilings with upgraded tall windows and doors that enhance its sense of scale. At the heart of the home, the open-concept kitchen, family room and gathering spaces flow naturally for entertaining and everyday living. The floor plan also features a dining room, breakfast area, butler pantry and custom library nook with built-in shelving. A private main-level guest suite with full bath and walk-in closet offers comfortable accommodations for family and overnight guests. Upstairs, 9’ ceilings continue the airy feel. The owner’s suite is designed as a serene private retreat with a generously proportioned bedroom, upgraded bath and substantial closet space. Custom enhancements to both the owner’s bath and closet add another level of refinement. Three additional bedrooms and two full baths provide flexibility for family and guests, including a dedicated full bath serving Bedroom 2 and a thoughtfully configured bath arrangement for Bedrooms 3 and 4. A spacious laundry room completes the upper level. The finished walk-out lower level adds approximately 1,467 SF and expands the home’s entertaining and guest possibilities. An additional bedroom and full bath accompany an oversized recreation area ideal for game nights, movies, gatherings or relaxing after a day on the water. The open basement stair creates a graceful transition between levels. With bedrooms and full baths positioned throughout all three floors, the residence provides an uncommon combination of privacy, versatility and space for hosting extended family and friends. Outdoor living is central to this home’s design. Substantial covered outdoor living and deck space extend the interiors toward the waterfront, creating inviting areas for morning coffee, sunset cocktails, outdoor dining and memorable gatherings. Imagine returning from a day of boating to your own Lake Tillery retreat, entertaining outdoors as the sun sets across the water, or simply enjoying the peaceful surroundings from home. An approximately 796-SF garage features a side-load configuration plus an additional garage bay, providing valuable space for vehicles, lake gear and storage. Exterior selections include fiber-cement siding, black-exterior windows, black gutters and downspouts, upgraded exterior lighting and selected architectural details. The home’s extensive structural, design and lifestyle upgrades distinguishes it from a typical new construction offering and reflects the attention given to both appearance and function. Set within Edgewater on Lake Tillery Waterfront, this preconstruction residence brings together substantial scale, thoughtful design, multi-level guest accommodations, expansive entertaining areas and relaxed lakefront elegance. Its three-level layout allows owners and guests to gather together while still enjoying private spaces throughout the home. From quiet mornings by the water to boating-filled afternoons and evenings spent entertaining family and friends, every level has been planned around an elevated lake lifestyle. Whether envisioned as a full-time residence, multigenerational gathering place or treasured lake retreat, 154 Peninsula Point Drive presents a rare opportunity to own a brand-new luxury residence created for years of memorable experiences and generations of memories on beautiful Lake Tillery.
| List Price: | $4,299,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2139 sqft |
| Parking: | Driveway, Attached Garage, Garage Door Opener |
| MLS Number: | CAR4414835 |
| Subdivision: | Edgewater |
| Style: | Traditional |
| Bathrooms: | 5 |
| Lot Description: | Paved, River Front, Wooded, Views, Waterfront |
| Year Built: | 2027 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 08-14-2026 | Listed | $4,299,000 | $2,010 |
| 11-06-2025 | Listed | $314,900 | $148 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Norwood Elementary School | 3 miles | KG-05 | 2 |
| East Albemarle Elementary School | 7 miles | KG-05 | 4 |
| Central Elementary School | 8 miles | KG-05 | 2 |
| Badin Elementary School | 9 miles | KG-05 | 6 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 154 Peninsula Pointe Drive, Norwood NC | 0 mi | $4,299,000 | days | |
| Peninsula Point Drive, Norwood NC | 0.1 mi | $1,180,386 | days | |
| 1079 Edgewater Drive, Norwood NC | 0.2 mi | $568,119 | days | |
| 104 Hidden Cove Road, Norwood NC | 0.3 mi | $749,000 | days | |
| 224 Clearwater Court, Norwood NC | 0.5 mi | $4,200,000 | days | |
| 16801 Randalls Ferry Road, Norwood NC | 0.5 mi | $825,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Chosen Realty of NC LLC
154 Peninsula Pointe Drive, Norwood NC is a 2139 ft2 on a 0.290 acres lot. This is for $4,299,000. This has 6 bedrooms, 5 baths, and was built in 2027.
Based on information submitted to the MLS GRID as of 2026-08-14 22:15:03 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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