The Cove Homes for Sale
2 homesCommunity Highlights
- Lake Norman frontage defines the homes in this community
- Iron Gate Circle concentrates custom estate homes with private dock setups
- Lot offerings range from compact attached housing to waterfront acreage up to 10 acres
* Based on what we noticed in listing details.
Architecture & Style
- Private Docks
- Screened Porches
- Expansive Decks And Patios
- Open Entertaining Layouts
- Fireplaces
- Main Level Primary Suites
- Water Views
* Based on what we noticed in listing details.
The Cove in Mooresville is a small Lake Norman address where the shoreline, not a clubhouse, sets the tone. Most of the neighborhood's identity centers on Iron Gate Circle, where custom waterfront homes pair gated approaches, private docks, and long water views with the kind of lot depth that is increasingly hard to find on the lake.
Community Highlights
Homes tied to The Cove span from 1992 to 2014, with the main build window landing between 2001 and 2006. The pricing spread is unusually wide, from a 2014 attached-home sale at $249,900 to recent and current waterfront offerings between roughly $3.25 million and $4.7 million, but the center of gravity is clearly the luxury lakefront segment. Iron Gate Circle alone carries six of the eight matched listings and averages about $3.29 million, roughly 27 percent above the community-wide average.
Covered docks, boat lifts, double-dock setups, long channel views, sandy-beach edges, and shoreline measurements reaching 162 to 300 feet are recurring parts of the neighborhood's waterfront inventory. Lot sizes range from a compact 2,178 square feet to 10 acres, with a median lot of about 60,112 square feet, so the community reads less like a uniform subdivision and more like a collection of individualized waterfront holdings.
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. There's typically room for negotiation on price.
Year-over-Year Comparison
Last 12 monthsRecently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 166 Iron Gate Circle 4 bed6 bath | Apr 8 2025 | $4.38M | 81 | 88% | 4879 sq ft | $897 |
3+ year gap in market activity | ||||||
![]() SOLD 150 Iron Gate Circle 5 bed5 bath | Jun 9 2021 | $2.25M | 89 | 90% | 7945 sq ft | $283 |
3+ year gap in market activity | ||||||
![]() SOLD 115 Dellbrook Street 3 bed2 bath | May 22 2018 | $249,900 | 239 | 🎯100% | 2024 sq ft | $123 |
2+ year gap in market activity | ||||||
![]() SOLD 142 Preserve Way 4 bed3 bath | Feb 2 2016 | $769,000 | 114 | 🎯100% | 5450 sq ft | $141 |
7 month gap in market activity | ||||||
![]() SOLD 150 Iron Gate Circle 5 bed5 bath | Jun 15 2015 | $1.39M | 73 | 96% | 7945 sq ft | $174 |
2+ year gap in market activity | ||||||
![]() SOLD 124 Iron Gate Circle 6 bed6 bath | Apr 22 2013 | $3.80M | 141 | 89% | 7401 sq ft | $513 |

166 Iron Gate Circle
$4,375,000

150 Iron Gate Circle
$2,250,000

115 Dellbrook Street
$249,900

142 Preserve Way
$769,000

150 Iron Gate Circle
$1,385,000

124 Iron Gate Circle
$3,800,000
Market Statistics
The The Cove real estate market shows buyer's market conditions. Homes typically sell within 101 days. With 2 active listings and 1 homes sold in the past year, Buyers have more negotiating power and time to decide.
Pricing
Median Price:$3,972,500
Average Price:$3,972,500
Property Details
Avg Bedrooms:4.4
Avg Bathrooms:4.6
Avg Lot Size:2.72 acres
Market Activity
Active Listings:2
Sold Last Year:1
Median Days to Sell:101 days
Community Info
Has HOA:No
Median Year Built:2005
New Construction:0%







