154 Peninsula Pointe Drive, Norwood, NC

The emergence of Peninsula Point Drive represents a shift toward architectural permanence on the shores of Lake Tillery. Slated for completion in 2027, this 5,682-square-foot residence within the Edgewater community avoids the predictable tropes of waterfront design, opting instead for a three-level floor plan defined by ten-foot ceilings and a dedicated library with custom millwork. The configuration includes six bedrooms and five full baths, anchored by an open-concept main level where a butler’s pantry and guest suite complement the formal gathering spaces. For the North Carolina lakeside market, this pre-construction opportunity in Norwood offers a level of scale—totaling approximately 7,100 square feet under roof—that is increasingly rare in established coves. As inventory for modern, high-capacity estates remains constrained, securing a site of this caliber early in the build cycle allows for significant oversight of the final execution. Private consultations regarding the design specifications and site progress are available through Peters & Associates.

About the home

PRE-CONSTRUCTION OPPORTUNITY! Estimated completion: Spring/Summer 2027. Welcome to 154 Peninsula Point Drive, a new construction opportunity in the desirable waterfront community of Edgewater on Lake Tillery. Designed for sophisticated lake living and effortless entertaining, this impressive residence offers 5,682 SF of finished space across three thoughtfully planned levels, with 6 bedrooms, 5 full baths and approximately 7,100 SF total under roof. Striking architecture, generous proportions and seamless indoor/outdoor connections create a distinctive retreat designed to embrace the Lake Tillery lifestyle. Step inside to a light-filled main level enhanced by 10’ ceilings with upgraded tall windows and doors that enhance its sense of scale. At the heart of the home, the open-concept kitchen, family room and gathering spaces flow naturally for entertaining and everyday living. The floor plan also features a dining room, breakfast area, butler pantry and custom library nook with built-in shelving. A private main-level guest suite with full bath and walk-in closet offers comfortable accommodations for family and overnight guests. Upstairs, 9’ ceilings continue the airy feel. The owner’s suite is designed as a serene private retreat with a generously proportioned bedroom, upgraded bath and substantial closet space. Custom enhancements to both the owner’s bath and closet add another level of refinement. Three additional bedrooms and two full baths provide flexibility for family and guests, including a dedicated full bath serving Bedroom 2 and a thoughtfully configured bath arrangement for Bedrooms 3 and 4. A spacious laundry room completes the upper level. The finished walk-out lower level adds approximately 1,467 SF and expands the home’s entertaining and guest possibilities. An additional bedroom and full bath accompany an oversized recreation area ideal for game nights, movies, gatherings or relaxing after a day on the water. The open basement stair creates a graceful transition between levels. With bedrooms and full baths positioned throughout all three floors, the residence provides an uncommon combination of privacy, versatility and space for hosting extended family and friends. Outdoor living is central to this home’s design. Substantial covered outdoor living and deck space extend the interiors toward the waterfront, creating inviting areas for morning coffee, sunset cocktails, outdoor dining and memorable gatherings. Imagine returning from a day of boating to your own Lake Tillery retreat, entertaining outdoors as the sun sets across the water, or simply enjoying the peaceful surroundings from home. An approximately 796-SF garage features a side-load configuration plus an additional garage bay, providing valuable space for vehicles, lake gear and storage. Exterior selections include fiber-cement siding, black-exterior windows, black gutters and downspouts, upgraded exterior lighting and selected architectural details. The home’s extensive structural, design and lifestyle upgrades distinguishes it from a typical new construction offering and reflects the attention given to both appearance and function. Set within Edgewater on Lake Tillery Waterfront, this preconstruction residence brings together substantial scale, thoughtful design, multi-level guest accommodations, expansive entertaining areas and relaxed lakefront elegance. Its three-level layout allows owners and guests to gather together while still enjoying private spaces throughout the home. From quiet mornings by the water to boating-filled afternoons and evenings spent entertaining family and friends, every level has been planned around an elevated lake lifestyle. Whether envisioned as a full-time residence, multigenerational gathering place or treasured lake retreat, 154 Peninsula Point Drive presents a rare opportunity to own a brand-new luxury residence created for years of memorable experiences and generations of memories on beautiful Lake Tillery.

Price in context

• Asking $757 per square foot.
• 2nd highest asking price of 4 active $1.5M+ homes in Norwood.
• 3rd largest by living area of the 3 with a recorded size.
• No price changes since it was listed.
• 25 days on the market, listed 2026-08-14.
• County tax assessment $275,998; the asking price is 15.58× the assessed value.
• HOA dues $181 (monthly).

Location

Neighborhood: Edgewater, Stanly County, ZIP 28128.

Straight-line distances

• Charlotte Country Club: 39.6 mi
• SouthPark Mall: 42.0 mi
• Uptown Charlotte: 42.1 mi
• Quail Hollow Club: 43.8 mi
• Wilson Air Center (private aviation, CLT): 47.1 mi
• Charlotte Douglas International Airport: 47.8 mi

Features

Style

Traditional

Levels

Three

Construction

Cedar Shake, Block, Fiber Cement, Hardboard Siding, Stone

Roof

Aluminum, Wood Trusses

New construction

Yes

Bathrooms

5 full

Basement

Finished

Fireplace

Yes

Kitchen & appliances

Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Washer/Dryer

Heating

Central

Cooling

Central Air

Garage

3 spaces

Parking

Driveway, Attached Garage, Garage Door Opener

Waterfront

Boat House, Boat Lift, Boat Ramp – Community, Covered structure

View

Long Range, Water, Year Round

Lot

Paved, River Front, Wooded, Views, Waterfront

Community

Clubhouse, Gated, Lake Access, Picnic Area, Recreation Area, RV Storage, Street Lights

County

Stanly

Comparable homes on the market

• 127 Brightwood Court, Norwood — $6,900,000, 5 bd, 8,183 sq ft, also in Edgewater
• 123 Cove Point, Mount Gilead — $12,950,000, 5 bd, 8,141 sq ft, 0.8 mi away
• 124 Evergreen Point, Mount Gilead — $8,750,000, 6 bd, 7,784 sq ft, 1.4 mi away
• 502 Lake Shore Drive, Norwood — $3,950,000, 5 bd, 7,184 sq ft, 1.5 mi away
• 416 Lake Shore Drive, Norwood — $3,950,000, 1.6 mi away
• 44333 Stony Gap Road, Albemarle — $3,200,000, 4.8 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 980-391-4595. Request a private showing.