Lake Tillery DevelopmentOpportunity48055 Randalls Church Rd, Norwood, NC 28128

Taren MyrickProStead Realty222 Baldwin Ave,Charlotte, NC 28204tarenmyrick@gmail.com(704) 699-9899 Ext: 218

Price: $2,300,000

Property Type: Land

Property Sub-type: Residential

Proposed Use: Single Family Development

Sale Type: Investment

Total Lot Size: 45.00 AC

No. Lots: 1

Zoning Description: R-20

APN / Parcel ID: 6575-03-03-4943

Lake Tillery DevelopmentOpportunity$2,300,000

Lake Tillery Frontage totals 3500-3800 SF.If you arelooking for a rare find, this is your once in a lifetimeopportunity to own and develop a beautiful lake frontcommunity. This is a 45-acre tract of land located inNorwood NC on Lake Tillery. There is over 4000 feet ofshoreline on this property consisting of 2 peninsulashaped areas. Possibilities include subdividing thewaterfront into several larger estate lots or multiplesmaller individual lots on Lake Tillery. I personally wouldlove to see a nice active adult community since LakeTillery does not currently have this type of offering. The45 acres also encompasses an old home place with asmall house. This part of the property could possibly bedeveloped for interior lots or homes that wouldaccommodate a different price point but still haveaccess to Lake Tillery with amenities offered by thedeveloper or builder. The town of Norwood annexed andprovides water/ sewer the adjoining developments ofEdgewater and Eagle Pointe. This property on RandallsChurch would need to be annexed to also for eligibilityfor services.

Lake Tillery is located in the Piedmont area of NorthCarolina about 50 miles from Charlotte NC, 45 milesfrom Pinehurst, and 100 miles from Raleigh. This areais also known as The Central Park of the Southbecause it is close to larger more urban areas but aperfect place for people to come play and enjoy theunspoiled natural resources of the area. Lake Tillerydiffers from other North Carolina lakes like Lake Normanand Lake Whylie in that its shoreline features 2 areasthat will never be developed. On the Northern end of thelake you will find Morrow Mountain State Park on oneside and the Uwharrie National Forest on the other.There are a few commercial facilities on the southernend of the lake such as Lilly' s Bridge Marina and RiverWild restaurant that provide just enough amenities forboaters and Lake Tillery guests to enjoy withoutspoiling what brings people to the lake in the first place.

If you are looking for a rare find, this is your once in alifetime opportunity to own and develop a beautiful lakefront community. This is a 45-acre tract of land locatedin Norwood NC on Lake Tillery. There is over 3500 feetof shoreline on this property consisting of 2 peninsulashaped areas. Possibilities include subdividing thewaterfront into several larger estate lots or multiplesmaller individual lots on Lake Tillery. I personally wouldlove to see a nice active adult community since LakeTillery does not currently have this type of offering. The45 acres also encompasses an old home place with asmall house. This part of the property could possibly bedeveloped for interior lots or homes that wouldaccommodate a different price point but still haveaccess to Lake Tillery with amenities offered by thedeveloper or builder. The town of Norwood annexed andprovides water/ sewer to the adjoining developments ofEdgewater and Eagle Pointe. This property on RandallsChurch would need to be annexed to also for eligibilityfor services.

48055 Randalls Church Rd, Norwood, NC 28128

Property Photos

Building Photo

Building Photo

Property Photos

Building Photo

Building Photo

Property Photos

Building Photo

Building Photo

Property Photos

Building Photo

Building Photo