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$3,950,000

Listing Price

5beds

4baths

7,184sqft

304,920sqft lot

502 Lake Shore Dr, Norwood, NC 28128

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  • Full foreclosure details

  • Home value, equity and ownership info

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  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

549.83

Price / sqft

2018

Year built

Home Details

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. nThe 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. nnThe 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. nnProperty is zoned Low-Density Residential, however also in the Tourism Encouragement Area, outlined in the Town

Interior Details

Square Feet
  • 7184

Bedrooms
  • 5

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 304920

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Logs

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$8,039

$44,750

$721,399

--%

$766,149

2019

$4,873

$44,750

$415,039

--%

$459,789

2018

$694

$44,750

$21,395

--%

$66,145

2017

$701

$44,750

$21,395

--%

$66,145

2016

$384

$36,250

$0

--%

$36,250

2014

$395

$37,000

$0

--%

$37,000

2013

$395

$37,000

$0

--%

$37,000

2012

$395

$37,000

$0

--%

$37,000

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Average Home Price in 28128

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$3,950,000

5 Beds

4 Baths

7,184 Sqft

304,920 Lot (sqft)

Sold 10/05/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
3,950,000
$
Down payment
790,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
23,700
$
HOA (Monthly)
0
$
PMI
0
$
$25,569
Your Payment
Total Monthly Payment:$25,569
Percent of Income:438%
Affordable:No

Details for 502 LAKE SHORE DR

Property Debt

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