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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1887 Yacht Club Dr , Denver, NC 28037
$6,500,000
Est. Payment: $14,444.44/mo
0 Bed
9 Bath
1719 Sqft
Status: Active | Days on site: 355
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810010 - 14822,10537
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House Description

Welcome to 1887 Yacht Club Drive. The Historic Lake Norman Sailing Club occupies this property and is a sailors delight. Enjoy over 1.38 acres of serenity, over 100 slips, more than 450 ft of shoreline, clubhouse with clubroom, sailing masters quarters with 2 bedrooms, kitchen, and living area. Plenty of parking and more spaces available. Majestic oak trees encompass the property. This has been an icon of lake life and sailing life on Lake Norman. The property being sold is subject to leases that are currently in effect for the sailing club and Duke Energy. Seller requires an NDA and POF for any buyers to receive financial information. This property is also adjacent to another 1.48 acres marketed as MLS 4305437 or $6,500,000. An additional 450+feet of shoreline. The properties are listed as residential/commercial. Residential which opens additional opportunities. The views and serenity of this property are unparalleled on this lake. It is a property worth a serious look *****No entrance to the sailing club without permission from agents.****

Highlights

Listed by Anita Sabates , 704-562-2515 and LeeAnn Miller , 704-562-2515 Howard Hanna Allen Tate Lake Norman , 704-896-8283.

Property Type

Commercial Sale

Lot/Acreage
1.38

Year Built

1984

County

Lincoln

Listing ID

4306265

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:9
  • Full Bathrooms:
Air Cond:Heat Pump
Fireplaces:
Water:County Water

Exterior Features

Lot:Level,Views,Waterfront,Boat Slip (Lease/License),Dock,Pier,Retaining Wall
Roof:Composition
Sewer:County Sewer
Parking Features:Parking Lot,Parking Space(s)
Principal Interest
$14,444
Taxes
$4,144

Home Price

$6,500,000

Loan Details

30 yrs
%

Down Payment

20%
$1,300,000
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Monthly Price:
$14,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,444.44 $4,143.75 $0.00 $18,588.19
Yearly $173,333.33 $49,725.00 $0.00 $223,058.33
Total $5,200,000.00 $1,491,750.00 $0.00 $6,691,750.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Denver, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.