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.
Hilltop Craftsman: 3BR/2BA on 1.3 Acres with Mountain Views
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.
See the properties helping shape the valuation.
Comparable sales
- 11 SF smaller
- 6,628 SF smaller lot
- 1 year older
- 14 SF larger
- 11,628 SF smaller lot
- 2 years older
- 6 SF smaller
- Similar lot size
- Same year built
A 2023 craftsman on 1.3 acres.
Building
Site & utilities
Norwood
Researched nearby locations
Location
472 Oak Rd, Norwood, NC 28128
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.
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.
A factual market snapshot around 472 Oak Rd.
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.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 11 SF smaller
- 14 SF larger
What the research supports — and what is still worth verifying.
Key findings
- Initially listed at $519,000 in April 2025; reduced to $449,900 by August 2025
- Comparable properties suggest current market value between $425,000 and $475,000
- Located 1.5 miles from Lake Tillery and 0.5 miles from Piney Point Golf Course
- Average days on market in the area: 30 days
- Local schools have average ratings; potential buyers may consider private options
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify construction permits and final inspections
- Assess potential for accessory dwelling unit under R-10 zoning
- Review HOA covenants and restrictions, if applicable
- Conduct professional home inspection
What stands out about this property.
Interior Features
- Vaulted and tray ceilings
- Open-concept living and dining
- Custom cabinets
- Granite countertops
- Luxury vinyl plank (LVP) flooring
- Primary suite with tile shower and free‑standing soaker tub
- Central heat pump and central air
- Ceiling fans throughout
Exterior & Lot
- 1.3-acre hilltop lot
- Inviting backyard deck
- Private road access
- Hilly topography with wooded edges
- 2-car attached garage plus driveway parking
- Block and vinyl construction, shingle roof
Location & Neighborhood
- 0.5 miles to Piney Point Golf Course
- 1.5 miles to Lake Tillery
- 1 mile to Downtown Norwood shops and dining
- Town of Norwood — Stanly County
- R-10 zoning (single-family with ADU potential)
Walkability & Recreation
- Walkability Rating: 55/100 — Somewhat Walkable
- Lake Tillery (1.5 miles) for boating and fishing
- Piney Point Golf Course (0.5 miles)
- Nearby downtown Norwood amenities (1 mile)
- Quiet neighborhood streets for walking and biking
- Access to regional outdoor recreation via Charlotte MSA corridors
Sources & research confidence.
See where the property research came from and how confidence varies by field.