Underwood is a subdivision in Broadway, NC. Underwood is near the heart of Broadway, down the street from the caution light, post office, and town hall. Broadway is a small community of just over 1,000 that is about 8 miles southeast of Sanford, and a short distance to the Coty plant. Broadway is a quiet community that prides itself as "Mayberry Incarnate". Underwood currently has about 40 lots but an additional tract of land is reserved for future development. Lots in Underwood range from 1/3 to over 1 acre with the average lot being about 1/2 acre. The first homes were built around 1996 and new homes continue to be built.Between January 2005 and January 2007, four homes sold in Underwood. Prices ranged from $199,900 to $232,400 with an average sales price of $215,000. To find out mor... 03/09/2007