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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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502 Lake Shore Dr , Norwood, NC 28128
$3,950,000
Est. Payment: $8,777.78/mo
5 Bed
8 Bath
7184 Sqft
Status: Active | Days on site: 94
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701703 - 42242
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House Description

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.

Highlights

Listed by Jonathan Hawkins , 980-328-2675 MATHERS REALTY.COM , 704-486-7373.

Property Type

Residential

Lot/Acreage
14.37

Year Built

2018

County

Stanly

Neighborhood

None

Listing ID

4376520

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:8
  • Full Bathrooms:4
  • 1/2 Bathrooms:4
Appliances:Dishwasher, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
Air Cond:Central Air,Ductless
Fireplaces:
Floor:Tile
Above Ground Sq Ft:7184
Below Ground Sq Ft:0
Other:
  • Additional:Built-in Features, Elevator, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Master on Main
Water:City

Exterior Features

Lot:Hilly,Pasture,Private,Wooded,Views,Waterfront,Boat House,Boat Lift,Boat Slip (Deed),Covered structure
Others:
  • Additional:Fence, In-Ground Irrigation
Sewer:County Sewer,Septic Installed
Parking Features:Attached Garage,Garage Faces Rear
Principal Interest
$8,778
Taxes
$2,518

Home Price

$3,950,000

Loan Details

30 yrs
%

Down Payment

20%
$790,000
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Monthly Price:
$8,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,777.78 $2,518.13 $0.00 $11,295.90
Yearly $105,333.33 $30,217.50 $0.00 $135,550.83
Total $3,160,000.00 $906,525.00 $0.00 $4,066,525.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Norwood, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.