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Will Sheppard

willsheppardrealty@gmail.com +1(704) 780-0078

$1,000,000

Est. payment - /mo

3 Beds

2 Baths

2,158 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,158 sqft

Price per Sqft $463

MLS Listing ID 4405820

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 1,281

Year Built 1973

Lot Size 0.660 Acres

Acres 0.66

Lot Dimensions 226' WF x 156' x 102' RF x 261'

Property Sub-Type Single Family Residence

Property Description

Welcome to 178 Penicillin Point, where life slows down and lake memories are waiting to be made. Whether you're looking for a classic lake getaway to enjoy just as it is, a vacation rental opportunity, or the perfect waterfront lot to build your dream home, this property offers endless possibilities. Built in 1973, this waterfront home captures the feeling of simpler days on Lake Norman. Situated on a 0.66-acre lot with more than 200 feet of shoreline, NO HOA, and low Iredell County taxes, this is a rare opportunity to own a special piece of the lake.

Inside, you'll find a spacious great room with vaulted wood ceilings, walls of windows overlooking the water, and an open layout designed for gathering with family and friends. The home's original character has been preserved, giving it the nostalgic charm of a classic lake cottage.

Step outside and enjoy the gently sloping yard, covered 24' x 24' dock, sandy shoreline, and large deep-water cove with beautiful open water views. Spend the afternoon on the deck, swim or fish from the dock, head out for a day on the lake, or simply relax and watch the sunset.

The finished lower level provides additional living space for guests, hobbies, or game nights after a day on the water. A new roof was installed in 2023, and the 28' x 18' boathouse provides plenty of additional storage.

Opportunities to own waterfront property with this combination of location, views, and potential don't come along often. Conveniently located to I-77, Troutman, and Mooresville.

Location

State NC

County Iredell

Zoning R20

Body of Water Lake Norman

Rooms

Basement Daylight, Walk-Out Access, Walk-Up Access

Primary Bedroom Level Main

Main Level Bedrooms 2

Interior

Heating Heat Pump

Cooling Ceiling Fan(s), Heat Pump

Flooring Vinyl

Fireplace false

Appliance Dishwasher, Oven, Refrigerator

Laundry In Basement, In Hall

Exterior

Exterior Feature Dock - Floating

Waterfront Description Boat House,Covered structure,Dock

View Water

Roof Type Architectural Shingle

Street Surface Dirt,Gravel,Paved

Porch Covered, Deck

Garage false

Building

Lot Description Open Lot, Sloped, Views, Waterfront

Dwelling Type Site Built

Foundation Basement

Sewer Septic Installed

Water Well

Level or Stories One

Structure Type Wood

New Construction false

Schools

Elementary Schools Troutman

Middle Schools Troutman

High Schools South Iredell

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Marin Tomlin • Howard Hanna Allen Tate Statesville • 704-881-4202

Nearby School & Business

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Will Sheppard

+1(704) 780-0078

Realtor®/Broker | License ID: 312498

Realtor®/Broker License ID: 312498

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178 Penicillin PT Troutman, NC 28677

Will Sheppard

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information