For Sale $4,750,000
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.
Fence, In-Ground Irrigation
Built-in Features, Elevator, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar
| List Price: | $4,750,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2525 sqft |
| Parking: | Attached Garage, Garage Faces Rear |
| MLS Number: | CAR4376520 |
| Subdivision: | None |
| Bathrooms: | 8 |
| Lot Description: | Hilly, Pasture, Private, Wooded, Views, Waterfront |
| Year Built: | 2018 |
| Sewer Type: | County Sewer, Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 05-28-2026 | Listed | $4,750,000 | $1,882 |
| 07-14-2025 | Listed | $899,000 | $357 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Norwood Elementary School | 2 miles | KG-05 | 2 |
| East Albemarle Elementary School | 8 miles | KG-05 | 4 |
| Central Elementary School | 9 miles | KG-05 | 2 |
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 |
| 502 Lake Shore Drive, Norwood NC | 0 mi | $4,750,000 | days | |
| 547 Lake Shore Drive, Norwood NC | 0.1 mi | $899,000 | days | |
| 1329 Berry Hill Drive, Norwood NC | 0.5 mi | $3,600,000 | days | |
| 162 Vineyard Road, Norwood NC | 0.7 mi | $699,500 | days | |
| 506 Lake Head Road, Norwood NC | 0.9 mi | $249,000 | days | |
| 518 Lake Head Road, Norwood NC | 0.9 mi | $275,000 | 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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| Property Insurance |
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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 MATHERS REALTY.COM
502 Lake Shore Drive, Norwood NC is a 2525 ft2 on a 14.370 acres lot. This is for $4,750,000. This has 5 bedrooms, 8 baths, and was built in 2018.
Based on information submitted to the MLS GRID as of 2026-05-28 11:01:46 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
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