INNOVATE Real Estate
Single Family Residence at 318 Shady Lane, Norwood
Single Family Residence at 318 Shady Lane, Norwood, photo 2 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 3 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 4 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 5 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 6 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 7 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 8 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 9 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 10 of 13
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Single Family Residence at 318 Shady Lane, Norwood, photo 12 of 13
Single Family Residence at 318 Shady Lane, Norwood, photo 13 of 13
13 photos

$139,900

318 Shady Lane
Norwood, NC 28128
Listed by Eric Forbes · DW Realty Team Inc
Bedrooms
3
Bathrooms
1.5
Living area
1,148 sqft
Year built
1972

About this home

Handyman's Special! Unlock the potential of this fixer-upper located on quiet Shady Lane. Whether you're an investor or a buyer looking to build equity, this property offers an excellent opportunity to renovate and create lasting value. Conveniently located just minutes from Norwood's vibrant Social District, you'll enjoy easy access to local shops, restaurants, the public library, live music, community events, and more throughout the year. Bring your vision and transform this property into something special!

Property details

MLS
Canopy MLS
MLS #
CAR4397580
Property type
Single Family Residence
Subdivision
none
Status
Active
Days on market
46
On market date
August 30, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Norwood Elementary
0.72 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
346
Student:teacher ratio
14.4:1
District
Stanly County Schools
Middle
South Stanly Middle
2.47 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
339
Student:teacher ratio
14.7:1
District
Stanly County Schools
High
South Stanly High
2.32 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
459
Student:teacher ratio
16.4:1
District
Stanly County Schools

Walkability

Blended score for Norwood's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

30
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Norwood, from live MLS data.

On the market 46 days -- 242 fewer days than Norwood's current average of 288 days.
For reference, the median list price across 71 active listings in Norwood right now is $200,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$992/mo
$27,980 down
$111,920 loan
Principal & interest$726
Property tax (est.)$117
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.