502 Lake Shore Drive, Norwood NC

  • 5 Bed
  • 8 Bath
  • 2525 ft2
  • 14.4 ac

For Sale $4,750,000

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Remarks:

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.

Exterior Features:

Fence, In-Ground Irrigation

Interior Features:

Built-in Features, Elevator, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar

General Information:

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

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
05-28-2026 Listed $4,750,000 $1,882
07-14-2025 Listed $899,000 $357

Nearby Schools

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.

Properties For Sale Nearby

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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
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Sold Properties Nearby

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28128

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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.

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    Property Listing Information

    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 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. Click here for more information

    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.