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Active

178 Penicillin Point

Troutman, NC 28166

Active 5 days on market Listing ID CAR 308114211

$1,000,000

Est. $5,748/mo — See my rate

$463/Sq Ft

3 bd · 2 ba · 2,158 sqft · $463/sqft

3 Beds
2 Baths
2,158 Sq Ft
$463/Sq Ft
1973 Built
.66 acres Single Family Residence Listed Jul 23, 2026 Updated Jul 24, 2026 HOA None

Waterfront

WaterLake Norman

About This Home

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 ONLY 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.

Property Details

Interior Details

Heating
  • Heat Pump
Flooring
  • Vinyl
Sqftmain
1281
Roomcount
10
Sqftlower
0
Sqftother
459
Sqftthird
0
Sqftupper
0
Bedroommain
2
Bedroomlower
0
Bedroomthird
0
Bedroomupper
0
Fullbathmain
1
Halfbathmain
0
Fullbathlower
0
Fullbaththird
0
Fullbathupper
0
Halfbathlower
0
Halfbaththird
0
Halfbathupper
0
Half Bathrooms
0
Bedroombasement
1
Bedroomsecondlq
0
Total Bathrooms
2
Fullbathbasement
1
Fullbathsecondlq
0
Halfbathbasement
0
Halfbathsecondlq
0
Laundry Features
  • In Basement
  • In Hall
Sqftunheatedmain
0
Mainlevelgarageyn
0
Sqftunheatedlower
0
Sqftunheatedthird
0
Sqftunheatedtotal
0
Sqftunheatedupper
0
Sqfttotalpropertyhla
2158
Sqftunheatedbasement
0
Sqftsecondlivingquarters
0
Sqftsecondlivingquartershla
0

Square Footage And Levels

Levels
  • One
Above Grade Finished Area
1281
Below Grade Finished Area
877

Parking And Garage

Open Parking
true
Parking Features
  • Driveway
Open Parking Spaces
6

Exterior Features

Roof
  • Architectural Shingle
Exterior Features
  • Dock - Floating
Construction Materials
  • Wood
Patio And Porch Features
  • Covered
  • Deck

Lot And Land

Lot Features
  • Open Lot
  • Sloped
  • Views
  • Waterfront
Lot Size Acres
0.66
Lot Size Units
Acres
Other Structures
  • Other - See Remarks
Lot Size Dimensions
226' WF x 156' x 102' RF x 261'

Basement And Foundation

Basement
  • Daylight
  • Walk-Out Access
  • Walk-Up Access
Foundation Details
  • Basement

Waterfront And View

View
  • Water
Waterfront Features
  • Boat House
  • Covered structure
  • Dock

Utilities

Sewer
  • Septic Installed
Water Source
  • Well

Financial Information

Citytaxespaidto
No City Taxes Paid

Zoning And Restrictions

Zoningspecification
R20

Listed by Marin Tomlin (704-881-4202) · Howard Hanna Allen Tate Statesville (704-253-4340)

Location

Address
178 Penicillin Point
City
Troutman, NC 28166
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Schools

Elementary
Troutman
Middle
Troutman
High
South Iredell

School assignments may change. Contact the school district to confirm.

Canopy MLS

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