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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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120 Shady Cove Rd , Troutman, NC 28166
$1,600,000
Est. Payment: $8,245.13/mo
4 Bed
5 Bath
3363 Sqft
Status: active | Days on site: 9
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Enjoy the best of lake living in this beautifully designed waterfront home on Lake Norman, where thoughtful layout, expansive views, and exceptional outdoor amenities come together. The main level features a desirable split-bedroom design with a spacious primary suite and two additional bedrooms, each with its own ensuite bath and serene lake views. A light-filled living room with gas log fireplace opens to the well-appointed kitchen, complete with granite countertops, gray subway tile backsplash, custom cabinetry with pullout drawers, built-in pantry, wall oven and microwave, and smooth-top electric cooktop, all complemented by a casual breakfast area overlooking the water. A formal dining room with French doors, lake views, and flexible use potential adds even more versatility. The primary suite offers a generous walk-in closet and an accessible bath with easy-entry shower, bench, and grab bars. The lower level provides a fully equipped second living quarters with its own kitchen, living room, bedroom with ensuite bath and walk-in closet, laundry, and private access, ideal for extended stays or multi-purpose living. Additional spaces include a large workshop with full bath and a separate storage area with garage-style access, perfect for hobbies or lake gear. Outdoor living is truly exceptional, with a screened porch, covered patio, and an expansive wraparound deck designed to capture breathtaking views. The shoreline is enhanced by a long boardwalk, rare private boat ramp, and an impressive pier with gazebo leading to a stationary dock and two floating docks, including a covered slip with lift. Parking is abundant with an oversized side-load three-car garage, lower-level two-car carport, and circular drive. With no HOA and flexible-use potential, this property offers a unique opportunity to enjoy, share, or invest in a remarkable lakefront setting, all supported by thoughtful upgrades including a whole-house generator, water filtration system, multiple water heaters, and well-maintained mechanical systems. Home comes with 1-year warranty for peace of mind!

Highlights

Listed by Karen Sheffield , 704-507-0272 and Pamela Temple , 704-507-0272 Keller Williams Unified , 704-799-3700. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.98

Year Built

1966

County

Iredell

Neighborhood

Shady Cove

Listing ID

4377254

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:5
Appliances:Bar Fridge, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Self Cleaning Oven, Wall Oven
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:Gas Log,Living Room,Propane,Other - See Remarks
Floor:Tile,Vinyl,Wood
Above Ground Sq Ft:2413
Below Ground Sq Ft:950
Basement:Apartment,Basement Garage Door,Basement Shop,Exterior Entry,Full,Interior Entry,Partially Finished,Storage Space
Other:Attic Stairs Pulldown,Open Floorplan,Pantry,Storage,Walk-In Closet(s),Has Fireplace,Master on Main
Other:Well

Exterior Features

Lot:Cleared,Rolling Slope,Wooded,Views,Waterfront,Boat Lift,Boat Ramp,Covered structure,Dock,Paddlesport Launch Site,Pier
Lot Dimensions:167x259x178x238
Zoning:R-20
Roof:Composition
Others:Dock - Floating
Sewer:Septic Installed
Parking Features:Attached Carport,Circular Driveway,Driveway,Attached Garage,Garage Door Opener,Garage Faces Side
Principal Interest
$8,245
Taxes
$1,020

Home Price

$1,600,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,245.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,245.13 $1,020.00 $0.00 $9,265.13
Yearly $98,941.55 $12,240.00 $0.00 $111,181.55
Total $2,968,246.58 $367,200.00 $0.00 $3,335,446.58

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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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.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-02T01:59:06.000Z

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