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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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219 Penicillin Point , Troutman, NC 28166
$1,935,000
Est. Payment: $4,300.00/mo
2 Bed
4 Bath
4154 Sqft
Status: Under Contract-No Show | Days on site: 35
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R01957 - 32611
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House Description

Wake up every morning to lake views and end every evenings around the firepit. Perfectly positioned on the shores of Lake Norman, this updated waterfront home offers the rare combination of luxury, comfort, and proven investment potential. Currently operating as a successful vacation rental (over 180K per year), this property has been thoughtfully updated inside and out, making it equally suited as a full-time residence, weekend retreat, or income-producing investment. This home also comes fully furnished to continue as an investment or vacation home. Recent improvements include a beautifully renovated interior, freshly painted exterior, a brand-new dock, and an expansive screened porch designed for year-round enjoyment. With five spacious sleeping areas, every guest wakes up to breathtaking water views. Whether you're hosting large family gatherings or maximizing rental income, the layout was designed to bring everyone together while still providing plenty of privacy. One of the home's most unforgettable features is the incredible crow's nest, where panoramic 365-degree views stretch across Lake Norman and the surrounding landscape. It's an inspiring space for a home office, fitness room, art studio, reading retreat, or simply a quiet place to enjoy your morning coffee above the treetops. Designed for effortless indoor-outdoor living, the home offers multiple lakeside decks, an oversized screened porch with soaring wood ceilings, generous outdoor entertaining areas, and an inviting firepit just steps from the water. Spend your days boating, paddleboarding, swimming, or simply relaxing while taking in some of the best waterfront scenery Lake Norman has to offer. Homes has 4 BRS but septic permit has 2.

Highlights

Listed by Jenifer Meeks , 704-918-8873 J Meeks + Co , 704-918-8873.

Property Type

Residential

Lot/Acreage
0.46

Year Built

1967

County

Iredell

Neighborhood

Lakeview Acres

Listing ID

4404906

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Bar Fridge, Dishwasher, Gas Cooktop, Gas Water Heater, Wine Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Heat Pump
Fireplaces:Electric,Great Room,Porch
Floor:Carpet,Tile,Wood
Above Ground Sq Ft:2814
Below Ground Sq Ft:1340
Basement:Finished,Walk-Out Access
Other:
  • Additional:Breakfast Bar, Cable Prewire, Central Vacuum, Drop Zone, Elevator, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar, Has Fireplace
Water:Well

Exterior Features

Lot:Cul-De-Sac,Waterfront,Covered structure,Dock,Pier
Roof:Architectural Shingle
Others:
  • Additional:Above Ground Hot Tub / Spa, Elevator, Fire Pit, Dock - Floating, Hot Tub, In-Ground Irrigation
Sewer:Septic Installed
Parking Features:Attached Garage,Garage Door Opener,Keypad Entry
Principal Interest
$4,300
Taxes
$1,234

Home Price

$1,935,000

Loan Details

30 yrs
%

Down Payment

20%
$387,000
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Monthly Price:
$4,300.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,300.00 $1,233.56 $0.00 $5,533.56
Yearly $51,600.00 $14,802.75 $0.00 $66,402.75
Total $1,548,000.00 $444,082.50 $0.00 $1,992,082.50

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 (Troutman, 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.