431 Island Cove Road, Norwood NC
- 3 Bed
- 2 Bath
- 1500 ft2
- 0.5 ac
For Sale $485,000
Remarks:
This is what you've been waiting for....A reasonably priced opportunity to own a permanent residence or second home on beautiful Lake Tillery. This charming 3-bedroom, 2 full bath home offers comfortable living with an inviting layout perfect for relaxing weekend or year-round enjoyment. This home features a spacious living area an eat-in kitchen with ample space for casual dining and entertaining. The backyard features a deck made for grilling, chilling and entertaining. Down the deck steps you'll have a short walk to you very own pier on Lake Tillery, for your lake enjoyment. This coves opens to a main channel for fishing, boating, sunbathing or just floating. Located in a charming neighborhood featuring both newer construction and well maintained established homes. Approximately 1 hour to Charlotte. Just minutes to downtown Norwood offering, a grocery store, hardware and auto store, restaurants, adult beverage store, banking and additional shopping. The Norwood boating access area (307 Lake Drive, Norwood, NC) is approximately 3-4 miles away, making lake adventures easy and convenient. Bonus perk (per seller) Golf carts permitted with proper permitting. Buyer's and buyer agent are encouraged to verify all restrictions and local regulations. Whether you're enjoying peaceful mornings by the water or hosting summer cookouts this home offers the perfect lake lifestyle.
Interior Features:
Attic Other, Open Floorplan
General Information:
| List Price: | $485,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1500 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4344858 |
| Subdivision: | Tranquil Bay |
| Style: | Traditional |
| Bathrooms: | 2 |
| Lot Description: | Waterfront |
| Year Built: | 2000 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-18-2025 | Under Contract | $449,000-15.28% | $300 |
| 06-26-2025 | Price Decrease | $530,000-11.52% | $354 |
| 05-15-2025 | Listed | $599,000 | $400 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Norwood Elementary School | 1 miles | KG-05 | 2 |
| East Albemarle Elementary School | 9 miles | KG-05 | 4 |
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.
Properties For Sale Nearby
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 |
| 431 Island Cove Road, Norwood NC | 0 mi | $485,000 | days | |
| 618 Acorn Acres Road, Norwood NC | 0.4 mi | $829,000 | days | |
| 10316 Sycamore Road, Norwood NC | 0.6 mi | $805,000 | days | |
| 10806 Willow Oak Road, Norwood NC | 0.7 mi | $518,000 | days | |
| 9711 Pine Tree Road, Norwood NC | 0.9 mi | $799,999 | days | |
| 11133 Willow Oak Road, Norwood NC | 0.9 mi | $5,250,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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Mortgage Calculator
| 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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28128
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Transportation to Work |
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.
Property Listing Information
A Courtesy Listing Provided By Bentley Realty
431 Island Cove Road, Norwood NC is a 1500 ft2 on a 0.500 acres lot. This is for $485,000. This has 3 bedrooms, 2 baths, and was built in 2000.
Based on information submitted to the MLS GRID as of 2026-03-24 09:55:52 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
