$519,000
3 Bed · 2 Bath · 1,886 Sq Ft
New 2023 build minutes from Lake Tillery and Piney Point Golf
3
Beds
2
Baths
1,886
Sq Ft
2023
Built
1.3 acres
Lot
2-car attached
Garage
Perched on a 1.3-acre hill with framed mountain views, 472 Oak Rd is a Craftsman-style home completed in 2023 by Pier View Properties. The single-story design opens into a vaulted living area where luxury vinyl plank floors run beneath a dramatic ceiling plane and connect public rooms for an airy yet grounded feel. Custom cabinetry and granite countertops anchor the kitchen, which sits adjacent to a dining area and an inviting deck that extends living outdoors—perfect for grilling after a round at nearby Piney Point Golf Course.
The primary suite feels intentionally private: generous proportions, a tile shower and a free‑standing soaker tub create a spa-like moment without pretension. Two additional bedrooms and a full bath offer flexible space for guests, an office, or a hobby room. Thoughtful finishes—tray and vaulted ceilings, ceiling fans, central heat pump and central air—underscore the home’s excellent condition and modern systems.
Outside, the property’s hilly topography gives it a distinct presence on Oak Road. Mature wooded edges provide privacy while the broad lot leaves room for gardens, play areas, or an accessory dwelling unit subject to R-10 zoning approvals. A two-car attached garage plus driveway parking accommodate family vehicles and toys for Lake Tillery, just 1.5 miles away.
Norwood’s downtown is about a mile from the front door, offering locally owned shops, dining and easy access to the Charlotte-Concord-Gastonia MSA. The neighborhood balances quiet residential character with recreation: golf at Piney Point half a mile away and boating or fishing at Lake Tillery nearby. Practical details round out the package—public water and sewer, Duke Energy electric service, and low annual property tax assessment noted in 2023. For buyers seeking a modern, one-level home with acreage, privacy, and regional access to outdoor amenities, this is a rare offering.
Norwood blends quiet small-town character with easy access to outdoor recreation. Downtown is walkable for casual errands and offers local cafes, restaurants and shops; Lake Tillery is minutes away for boating and fishing while Piney Point Golf Course serves local golfers. The town lies within Stanly County Schools and sits inside the Charlotte-Concord-Gastonia MSA, offering a relaxed lifestyle with commuter access to larger employment centers. Residents enjoy wooded lots, neighborhood privacy, and community-oriented events that define Norwood living.
Norwood’s residential market is currently tilted toward sellers: inventory sits at roughly 2.5 months and the area reports an average of about 30 days on market for comparable listings. Over the past year the local market has seen ~5% appreciation, with five-year gains near 15%, reflecting sustained interest in new construction and homes with acreage near recreational hubs. Median sale price in the broader area is about $286,500, but recent new-construction comparables within 1.5 miles have closed in the $440K–$470K range, supporting a valuation band near $425K–$475K for this home. Single-family homes—especially newer builds with modern finishes and outdoor space—outperform condos and older stock here because inventory is constrained and buyers prioritize privacy and yard space. Given recent price adjustments on this property and steady local demand, buyers who value proximity to Lake Tillery and Piney Point Golf Course will find the timing favorable: limited supply, solid rental comparables, and predictable appreciation make it attractive for owner-occupiers or long-term investors. Confirmations—inspection results, permit records, and lot boundaries—should be completed as part of due diligence.
Norwood Elementary School
Elementary
South Stanly Middle School
Middle
South Stanly High School
High
Very good regional recreation: Lake Tillery (1.5 miles) for boating and fishing, Piney Point Golf Course (0.5 miles), and nearby downtown green spaces for everyday walks and neighborhood activities.
Newly constructed home offering modern amenities, privacy, and proximity to recreational activities, positioned competitively in a seller's market with steady appreciation trends.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$425K
Midpoint
$450K
High
$475K
$238.5/SF estimated price per square foot
Sales comparison approach using recent listings and price adjustments. Income approach not applicable due to owner-occupied status. Cost approach aligns with new construction costs.
As of 2026-03-08
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Stable population with modest growth; median income aligns with regional averages.
Proximity to Lake Tillery offers recreational opportunities; Piney Point Golf Course provides golfing amenities; Downtown Norwood features local shops and dining.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$238.5/SF
Price reduction from original listing
$275/SF
Initial listing price
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