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Property Description
This is what you've been waiting for....A reasonably priced opportunity to own a permanent residence or second home on beautiful Lake Tillery. This charming 3-bedroom, 2 full bath home offers comfortable living with an inviting layout perfect for relaxing weekend or year-round enjoyment. This home features a spacious living area an eat-in kitchen with ample space for casual dining and entertaining. The backyard features a deck made for grilling, chilling and entertaining. Down the deck steps you'll have a short walk to you very own pier on Lake Tillery, for your lake enjoyment. This coves opens to a main channel for fishing, boating, sunbathing or just floating. Located in a charming neighborhood featuring both newer construction and well maintained established homes. Approximately 1 hour to Charlotte. Just minutes to downtown Norwood offering, a grocery store, hardware and auto store, restaurants, adult beverage store, banking and additional shopping. The Norwood boating access area (307 Lake Drive, Norwood, NC) is approximately 3-4 miles away, making lake adventures easy and convenient. Bonus perk (per seller) Golf carts permitted with proper permitting. Buyer's and buyer agent are encouraged to verify all restrictions and local regulations. Whether you're enjoying peaceful mornings by the water or hosting summer cookouts this home offers the perfect lake lifestyle.
Full Property Details
Full Property Details for 431 Island Cove Rd
General
- Price: $485,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4344858
- Updated: 2/18/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Attic Other, Open Floorplan
- Fireplace(s): Den, Den
- Appliances: Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator with Ice Maker
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Parking
- Parking Features: Driveway
Location
- County: Stanly
- Subdivision: Tranquil Bay
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Installed
- Water: County Water, Other - See Remarks
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Traditional
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Architectural Shingle
- Main/1st Level: 1,568 Sq. Ft.
- Year Built: 2000
Lot Features
- Lot Dimensions: 85 x 255
- Street/Road Desc.: Dirt, Gravel, Paved
- Lot Features: Waterfront
- Rcmdd Zoning: R
Horse Property
- Horse Facility Desc.: None
Water Features
- Water Front Name: Lake Tillery
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Other - See Remarks
- Property ID: 6573-01-09-9655
- Lot Number: 897-221
Listed by Bentley Realty
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Schools
Schools serving 431 Island Cove Rd
School District:Stanly County Schools
| Name | Grades | Distance |
|---|---|---|
Norwood Elementary School 400 South Main Street, Norwood, NC 28128 | K-5 | 0.9 mi |
South Stanly Middle School 12492 Cottonville Road, Norwood, NC 28128 | 6-8 | 3.6 mi |
South Stanly High School 40488 South Stanly School Road, Norwood, NC 28128 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 431 Island Cove Rd
Date
Details
Price
Change
Source
2/18/2026
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 431 Island Cove Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,940
-84%
$330,306
29%
2024
$18,523
14%
$256,203
—
2023
$16,260
—
$256,203
—
2021
$16,260
—
$256,203
—
2022
$16,260
—
$256,203
11%
2021
$16,260
270900%
$230,518
30352%
2019
$6
—
$757
—
2018
$6
-100%
$757
-100%
2017
$2,443
6%
$230,518
6%
2016
$2,315
—
$218,411
—
2015
$2,314
-1%
$218,411
—
2014
$2,337
—
$218,411
—
2013
$2,337
—
$218,411
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 431 Island Cove Rd
431 Island Cove Road, Norwood, NC 28128 (MLS# 4344858) is a Single Family property with 3 bedrooms and 2 full bathrooms. 431 Island Cove Road is currently listed for $485,000 and was received on February 18, 2026. Want to learn more about 431 Island Cove Road? Do you have questions about finding other Single Family real estate for sale in Norwood? You can browse all Norwood real estate or contact a Coldwell Banker agent to request more information.

