Lake Norman Bonanza Homes for Sale
1 hometraditional neighborhood
Community Highlights
- Lake Norman shoreline setting with a high share of waterfront homes
- Frequent no-HOA positioning near Williamson Road and I-77 Exit 33
- Large lots with common dock, pier, and cove-front marketing appeal
* Based on what we noticed in listing details.
Architecture & Style
- Lake Views
- Private Docks Or Piers
- Outdoor Living Spaces
- Fireplaces
- Walkout Lower Levels
- Flex Or Bonus Rooms
- Main Level Primary Suites
* Based on what we noticed in listing details.
Location & Proximity
Lake Norman shoreline in western Mooresville
- Williamson Road shopping and dining
- Langtree at the Lake
- I-77 Exit 33 services
* Based on what we noticed in listing details.
Nearby Schools
Unspecified
Unspecified
Lake Norman
* Based on what we noticed in listing details.
Lake Norman Bonanza is defined by its shoreline.
Lake Norman Bonanza is defined by its shoreline. On the Mooresville side of Lake Norman, the neighborhood is anchored by a high concentration of waterfront homes, broad cove frontage, and a street pattern that keeps Williamson Road, Exit 33, shopping, and dining within easy reach.
Community Highlights
Lake access is the central theme here. Most recorded home sales are waterfront, and many listings highlight private docks or piers, with several also advertising private boat ramps, deep-water coves, wide shoreline footage, or sunset-facing views. Ponderosa Circle is the address buyers see most often, and it is also where the highest concentration of seven-figure sales appears.
The housing stock spans a wide range, from mid-century lake cottages and ranches to renovated waterfront homes and newer infill construction. Recorded build years run from 1955 through 2023, with a large share of homes dating from the 1970s through the early 2000s. Basements are common, garages appear in a majority of listings, and lower-level second living areas, bonus rooms, and flexible guest space show up regularly in marketing. Outdoor living is another consistent thread, with screened porches, sunrooms, decks, covered patios, and fenced yards appearing throughout the neighborhood.
These insights are based on listing details and are informational only; verify details for any specific property.
Market Trends
Buyers have more negotiating power. Properties may take longer to sell. Prices have declined 13%. There's typically room for negotiation on price.
Year-over-Year Comparison
Last 12 months
Recently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
 SOLD 308 Ponderosa Circle 3 bed2 bath | Oct 24 2025 | $1.30M | 49 | 93% | 1944 sq ft | $669 |
2 month gap in market activity | ||||||
 SOLD 389 Ponderosa Circle 3 bed2 bath | Aug 21 2025 | $800,000 | 90 | 97% | 3237 sq ft | $247 |
 SOLD 188 Ponderosa Circle 3 bed2 bath | Jul 25 2025 | $1.49M | 29 | 🎯100% | 2349 sq ft | $634 |
6 month gap in market activity | ||||||
 SOLD 212 Ponderosa Circle | Jan 21 2025 | $300,000 | 67 | 🎯100% | — | — |
11 month gap in market activity | ||||||
 SOLD 388 Ponderosa Circle 3 bed3 bath | Feb 1 2024 | $1.18M | 127 | 🎯100% | 3160 sq ft | $373 |
4 month gap in market activity | ||||||
 SOLD 134 Continental Drive 4 bed2 bath | Sep 13 2023 | $438,000 | 56 | 🎯100% | 2018 sq ft | $217 |
 SOLD 129 Continental Drive 3 bed2 bath | Aug 31 2023 | $436,000 | 43 | 98% | 2119 sq ft | $206 |
9 month gap in market activity | ||||||
 SOLD 300 Ponderosa Circle 5 bed3 bath | Nov 8 2022 | $1.36M | 69 | 97% | 2700 sq ft | $505 |
 SOLD 384 Ponderosa Circle 3 bed3 bath | Nov 3 2022 | $1.80M | 48 | 🎯100% | 4543 sq ft | $396 |
3 month gap in market activity | ||||||
 SOLD 250 Ponderosa Circle 3 bed2 bath | Jul 11 2022 | $975,000 | 80 | 🎯100% | 1095 sq ft | $890 |
4 month gap in market activity | ||||||
 SOLD No Street Continental Drive | Mar 11 2022 | $82,500 | 104 | 🎯100% | — | — |
 SOLD No Street Continental Drive | Mar 11 2022 | $78,000 | 104 | 🎯100% | — | — |
3 month gap in market activity | ||||||
 SOLD 378 Ponderosa Circle 3 bed3 bath | Nov 18 2021 | $1.00M | 38 | 🎯118% | 3602 sq ft | $278 |
 SOLD 308 Ponderosa Circle 3 bed2 bath | Oct 20 2021 | $750,000 | 35 | 🎯107% | 2112 sq ft | $355 |
1+ year gap in market activity | ||||||
 SOLD 162 Ponderosa Circle 3 bed2 bath | Aug 31 2020 | $625,000 | 103 | 96% | 1733 sq ft | $361 |
10 month gap in market activity | ||||||
 SOLD 204 Ponderosa Circle 3 bed2 bath | Oct 30 2019 | $505,000 | 134 | 97% | 2671 sq ft | $189 |
3 month gap in market activity | ||||||
 SOLD Lot 87 Ponderosa Circle | Jul 31 2019 | $90,000 | 81 | 62% | — | — |
1+ year gap in market activity | ||||||
 SOLD 294 Ponderosa Circle 3 bed3 bath | Jun 21 2018 | $650,000 | 48 | 🎯104% | 2702 sq ft | $241 |
 SOLD 300 Ponderosa Circle 5 bed3 bath | Jun 12 2018 | $695,000 | 94 | 87% | 2726 sq ft | $255 |
 SOLD 363 Ponderosa Circle 3 bed2 bath | Apr 30 2018 | $256,000 | 109 | 92% | 2472 sq ft | $104 |
7 month gap in market activity | ||||||
 SOLD 399 Ponderosa Circle 4 bed3 bath | Sep 11 2017 | $399,000 | 40 | 🎯100% | 2844 sq ft | $140 |
 SOLD 374 Ponderosa Circle 4 bed3 bath | Jul 27 2017 | $755,000 | 56 | 99% | 4078 sq ft | $185 |
4 month gap in market activity | ||||||
 SOLD 162 Ponderosa Circle 3 bed2 bath | Mar 22 2017 | $428,850 | 41 | 97% | 1746 sq ft | $246 |
 SOLD Lot 66 Ponderosa Circle | Mar 8 2017 | $75,000 | 15 | 79% | — | — |
 SOLD Lot 70 Ponderosa Circle | Mar 8 2017 | $70,000 | 16 | 74% | — | — |
 SOLD Lot 67 Ponderosa Circle | Mar 8 2017 | $70,000 | 15 | 74% | — | — |
 SOLD Lot 88 Continental Drive | Mar 8 2017 | $60,000 | 15 | 67% | — | — |
 SOLD Lot 71 Ponderosa Circle | Mar 8 2017 | $70,000 | 13 | 74% | — | — |
3 month gap in market activity | ||||||
 SOLD 264 Ponderosa Circle 3 bed2 bath | Nov 21 2016 | $517,000 | 139 | 94% | 2712 sq ft | $191 |
4 month gap in market activity | ||||||
 SOLD 292 Ponderosa Circle 4 bed3 bath | Jul 11 2016 | $620,000 | 74 | 99% | 3580 sq ft | $173 |
308 Ponderosa Circle
$1,300,000
389 Ponderosa Circle
$800,000
188 Ponderosa Circle
$1,490,000
212 Ponderosa Circle
$300,000
388 Ponderosa Circle
$1,180,000
134 Continental Drive
$438,000
129 Continental Drive
$436,000
300 Ponderosa Circle
$1,362,500
384 Ponderosa Circle
$1,799,900
250 Ponderosa Circle
$975,000
No Street Continental Drive
$82,500
No Street Continental Drive
$78,000
378 Ponderosa Circle
$1,000,000
308 Ponderosa Circle
$750,000
162 Ponderosa Circle
$625,000
204 Ponderosa Circle
$505,000
Lot 87 Ponderosa Circle
$90,000
294 Ponderosa Circle
$650,000
300 Ponderosa Circle
$695,000
363 Ponderosa Circle
$256,000
399 Ponderosa Circle
$399,000
374 Ponderosa Circle
$755,000
162 Ponderosa Circle
$428,850
Lot 66 Ponderosa Circle
$75,000
Lot 70 Ponderosa Circle
$70,000
Lot 67 Ponderosa Circle
$70,000
Lot 88 Continental Drive
$60,000
Lot 71 Ponderosa Circle
$70,000
264 Ponderosa Circle
$517,000
292 Ponderosa Circle
$620,000
Market Statistics
The Lake Norman Bonanza real estate market shows balanced market conditions. Homes typically sell within 56 days. With 1 active listings and 3 homes sold in the past year, A healthy balance between buyers and sellers.
Pricing
Median Price:$1,999,000
Average Price:$1,999,000
Property Details
Avg Bedrooms:3.3
Avg Bathrooms:2.4
Avg Lot Size:0.55 acres
Market Activity
Active Listings:1
Sold Last Year:3
Median Days to Sell:56 days
Community Info
Has HOA:No
Median Year Built:1983
New Construction:0%
Recently Off Market Properties
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