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49412 Wood Land Dr, Norwood, NC, 28128

2beds
3baths
2,551sqft
$999,000
$392price/sqft
$6,222/moest. monthly cost
$248,880/yrincome needed

About This Home

Luxury Lakefront Retreat with Strong Short-Term Rental Potential— Experience the art of lakeside living in this fully furnished waterfront sanctuary featuring approximately 85 feet of pristine shoreline and breathtaking, year-round water views. This custom-built home blends warmth and sophistication, with a stunning stone-accented fireplace anchoring the main living space, an open-concept layout ideal for entertaining, and expansive windows that showcase the beauty of the lake. The primary suite offers a private escape with direct balcony access, serene water views, and a spa-inspired bath with soaking tub. Upstairs, 2 additional bedrooms and 2 flexible sleeping spaces provide comfort for guests, while a spiral staircase leads to a lower-level retreat complete with a spacious recreation room, second kitchen, and wet bar—perfect for hosting or extended stays. Outdoor living is equally exceptional, with multiple covered balconies, a lakeside fire pit, and a private dock equipped with a boat lift and watercraft lift for effortless days on the water. Whether enjoying quiet mornings overlooking the lake or entertaining at sunset, this home delivers an unmatched lifestyle. With strong short-term rental potential, this property offers a rare opportunity to enjoy luxury living while generating income.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

6/10
6/10
5/10
South Stanly High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Slab
  • Construction materials: Hardboard Siding,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Double Oven,Refrigerator with Ice Maker,Washer/Dryer
  • Laundry features: Inside,Laundry Room,Upper Level

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Lower

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Den

  • Level: Lower

Dining Area

  • Level: Main

Features

  • Breakfast Bar,Built-in Features,Wet Bar
  • Flooring: Laminate,Tile,Wood
  • Fireplace features: Gas Log,Living Room
  • Finished area below ground: 0
  • Finished area above ground: 2,551

Heating & Cooling

  • Heating features: Heat Pump,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,551
  • Total interior livable area: 2,551 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Other

  • Level: Lower

Other

  • Level: Upper

Other

  • Level: Upper

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 657302763245
  • Zoning: R-20
  • Special condition: Standard
  • Other equipment: Fuel Tank(s)

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Balcony,Covered,Deck,Patio
  • Exterior features: Fire Pit
  • Has view: Yes
  • View description: Water,Year Round
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Boat Lift,Covered structure,Personal Watercraft Lift,Waterfront
  • Waterbody name: Lake Tillery

Lot

  • Lot size: 0.14 Acres
  • Features: Level,Wooded,Views
  • Lot size dimensions: Appro x . 85 ft of Waterfront

Parking

  • Parking features: Driveway,Electric Vehicle Charging Station(s),Parking Space(s)
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Hurricane
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Stanly County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,051$60,612
Home Insurance *$439$5,268
Property Taxes $495$5,940
Electricity $237$2,851
Total$6,222$74,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$213,325/yr
40% on housing$186,660/yr
45% on housing$165,920/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$392This listing

vs Other Active Listings

Avg $/sqft

ZIP 28128$319
Stanly County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 28128$209
Stanly County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-06Listed for sale$1,069,000
2025-07-28Listing removed$1,069,000
2025-07-19Price change$1,069,000
2025-05-27Price change$1,070,000
2025-04-22Listed for sale$1,075,000
2025-02-26Listing removed$1,100,000
2024-12-05Listed for sale$1,100,000
2024-05-16Sold$975,000
2024-04-07Pending sale$1,179,000
2024-02-18Price change$1,179,000
2023-11-16Listed for sale$1,200,000
2021-06-07Sold$645,000
2020-07-16Listing removed$645,000
2020-07-09Listed for sale$645,000
2020-07-02Pending sale$645,000
2020-05-18Listed for sale$645,000
2019-10-07Listing removed$649,900
2019-08-24Price change$649,900
2019-05-31Price change$659,900
2018-04-04Listed for sale$675,000
2015-12-03Sold$600,000
2012-07-10Listing removed$640,000
2012-01-11Listed for sale$640,000
2008-10-06Sold$280,000

For Sale by Agent

AgentLynn Norman, Lake Tillery Properties LLC
BrokerageLake Tillery Properties LLC

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