Water Oak Homes for Sale
3 homestraditional neighborhoodCommunity Highlights
- Sidewalk connection to The Village at Byers Creek for grocery runs, dining, and daily errands
- Neighborhood Lake Norman access with a launch area for kayaks and paddleboards
- Charleston-inspired Saussy Burbank streetscape with front porches and detached garages
* Based on what we noticed in listing details.
Pavilion
Splash Area
Playground · Community Pond
* Based on what we noticed in listing details.
Architecture & Style
- Open Floor Plans
- Hardwood Floors
- Front Porches
- Detached Two Car Garages
- Gas Fireplaces
- Granite Counters
- Fenced Backyards
* Based on what we noticed in listing details.
Location & Proximity
Lake Norman area of Mooresville
- The Village at Byers Creek
- Lake Norman recreation and marinas
- downtown Mooresville
* Based on what we noticed in listing details.
Water Oak brings together the parts of Mooresville buyers ask for most often: Lake Norman access, neighborhood amenities, and genuinely useful walkability.
Water Oak brings together the parts of Mooresville buyers ask for most often: Lake Norman access, neighborhood amenities, and genuinely useful walkability. In a market where many lake-area subdivisions lean car-dependent, this one stands out for sidewalks that connect directly to The Village at Byers Creek, putting grocery runs, restaurants, and everyday errands close at hand.
Community Highlights
Homes in Water Oak were built from 2000 to 2008, with the heaviest construction concentrated between 2004 and 2006. The streetscape has a recognizable Charleston influence, and Saussy Burbank is the builder name that appears most often in marketing. Front porches, detached two-car garages, hardwood floors, gas fireplaces, open main living areas, and bonus or flex rooms show up repeatedly, giving the neighborhood a consistent architectural identity even as individual homes have been updated with quartz counters, stainless appliances, new roofs, and newer HVAC systems.
Most homes fall in the three- to four-bedroom range, and lots are compact by design, typically just under 4,800 square feet, with an average lot size of about 0.11 acres. That tighter footprint helps keep the neighborhood connected, while corner lots, wooded rear buffers, and the streets closest to the lake create the best sense of separation. Current asking prices run from $340,000 to $515,000, and nine sales in the last year closed from $265,000 to $575,000, reinforcing Water Oak's place in the middle of the Mooresville market.
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.
Year-over-Year Comparison
Last 12 months





Recently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 132 E Morehouse Avenue 3 bed2 bath | Feb 25 2026 | $342,500 | 70 | 95% | 1671 sq ft | $205 |
![]() SOLD 138 Gresham Lane 4 bed2 bath | Jan 8 2026 | $575,000 | 48 | 97% | 2893 sq ft | $199 |
![]() SOLD 187 Water Oak Drive 3 bed2 bath | Dec 30 2025 | $425,000 | 193 | 94% | 2434 sq ft | $175 |
![]() SOLD 119 W Morehouse Avenue 3 bed2 bath | Nov 7 2025 | $458,000 | 100 | 98% | 2132 sq ft | $215 |
2 month gap in market activity | ||||||
![]() SOLD 186 Gresham Lane 3 bed2 bath | Aug 22 2025 | $377,350 | 91 | 97% | 1576 sq ft | $239 |
3 month gap in market activity | ||||||
![]() SOLD 151 E Morehouse Avenue 4 bed3 bath | May 14 2025 | $449,000 | 53 | 98% | 2175 sq ft | $206 |
![]() SOLD 156 Water Oak Drive 3 bed2 bath | Apr 24 2025 | $390,000 | 93 | 95% | 1853 sq ft | $210 |
![]() SOLD 137 Kensington Street 3 bed2 bath | Apr 3 2025 | $265,000 | 203 | 99% | 1288 sq ft | $206 |
![]() SOLD 157 Water Oak Drive 3 bed2 bath | Mar 14 2025 | $420,000 | 36 | 93% | 2320 sq ft | $181 |
![]() SOLD 117 W Morehouse Avenue 3 bed2 bath | Feb 14 2025 | $385,000 | 139 | 96% | 1837 sq ft | $210 |
2 month gap in market activity | ||||||
![]() SOLD 130 Kensington Street 4 bed2 bath | Nov 26 2024 | $402,000 | 111 | 99% | 1822 sq ft | $221 |
![]() SOLD 160 Water Oak Drive 3 bed2 bath | Sep 30 2024 | $455,000 | 58 | 98% | 2255 sq ft | $202 |
![]() SOLD 145 Morehouse Avenue 4 bed3 bath | Sep 16 2024 | $415,000 | 117 | 93% | 2035 sq ft | $204 |
![]() SOLD 166 Water Oak Drive 4 bed2 bath | Aug 28 2024 | $450,000 | 46 | 🎯100% | 2550 sq ft | $176 |
![]() SOLD 115 Decatur Avenue 3 bed2 bath | Aug 16 2024 | $300,000 | 45 | 97% | 1400 sq ft | $214 |
![]() SOLD 109 Kensington Street 3 bed2 bath | Aug 1 2024 | $310,000 | 136 | 97% | 1260 sq ft | $246 |
![]() SOLD 112 E Decatur Avenue 3 bed2 bath | Jul 12 2024 | $369,000 | 59 | 97% | 1663 sq ft | $222 |
![]() SOLD 106 Pavillion Lane 4 bed2 bath | Jul 12 2024 | $445,000 | 36 | 99% | 2758 sq ft | $161 |
![]() SOLD 119 W Morehouse Avenue 3 bed2 bath | Jun 21 2024 | $400,000 | 73 | 93% | 2142 sq ft | $187 |
2 month gap in market activity | ||||||
![]() SOLD 108 Pavillion Lane 4 bed2 bath | Mar 27 2024 | $450,000 | 102 | 🎯100% | 2523 sq ft | $178 |
![]() SOLD 150 Water Oak Drive 3 bed2 bath | Mar 15 2024 | $390,000 | 25 | 98% | 1856 sq ft | $210 |
![]() SOLD 111 E Fenway Avenue 4 bed3 bath | Mar 14 2024 | $445,000 | 187 | 97% | 2518 sq ft | $177 |
![]() SOLD 112 Pavillion Lane 4 bed2 bath | Jan 31 2024 | $444,000 | 97 | 99% | 2758 sq ft | $161 |
![]() SOLD 116 Pavillion Lane 3 bed2 bath | Jan 11 2024 | $450,000 | 67 | 🎯100% | 2760 sq ft | $163 |
![]() SOLD 128 Pavillion Lane 5 bed3 bath | Nov 15 2023 | $560,000 | 45 | 🎯102% | 3225 sq ft | $174 |
![]() SOLD 166 Gresham Lane 3 bed2 bath | Nov 9 2023 | $362,000 | 34 | 🎯100% | 1664 sq ft | $218 |
![]() SOLD 151 E Morehouse Avenue 4 bed3 bath | Sep 21 2023 | $435,000 | 149 | 98% | 2175 sq ft | $200 |
![]() SOLD 112 Decatur Avenue 3 bed2 bath | Sep 19 2023 | $351,000 | 78 | 99% | 1669 sq ft | $210 |
2 month gap in market activity | ||||||
![]() SOLD 104 Kensington Street 3 bed2 bath | Jul 20 2023 | $330,000 | 35 | 🎯100% | 1554 sq ft | $212 |
![]() SOLD 139 Water Oak Drive 4 bed3 bath | Jun 30 2023 | $485,000 | 92 | 98% | 3171 sq ft | $153 |

132 E Morehouse Avenue
$342,500

138 Gresham Lane
$575,000

187 Water Oak Drive
$425,000

119 W Morehouse Avenue
$458,000

186 Gresham Lane
$377,350

151 E Morehouse Avenue
$449,000

156 Water Oak Drive
$390,000

137 Kensington Street
$265,000

157 Water Oak Drive
$420,000

117 W Morehouse Avenue
$385,000

130 Kensington Street
$402,000

160 Water Oak Drive
$455,000

145 Morehouse Avenue
$415,000

166 Water Oak Drive
$450,000

115 Decatur Avenue
$300,000

109 Kensington Street
$310,000

112 E Decatur Avenue
$369,000

106 Pavillion Lane
$445,000

119 W Morehouse Avenue
$400,000

108 Pavillion Lane
$450,000

150 Water Oak Drive
$390,000

111 E Fenway Avenue
$445,000

112 Pavillion Lane
$444,000

116 Pavillion Lane
$450,000

128 Pavillion Lane
$560,000

166 Gresham Lane
$362,000

151 E Morehouse Avenue
$435,000

112 Decatur Avenue
$351,000

104 Kensington Street
$330,000

139 Water Oak Drive
$485,000
Market Statistics
The Water Oak real estate market shows buyer's market conditions. Homes typically sell within 64 days. With 3 active listings and 8 homes sold in the past year, Buyers have more negotiating power and time to decide.
Pricing
Median Price:$449,000
Average Price:$434,666.66
Property Details
Avg Bedrooms:3.3
Avg Bathrooms:2.2
Avg Lot Size:0.11 acres
Market Activity
Active Listings:3
Sold Last Year:8
Median Days to Sell:64 days
Community Info
Has HOA:No
Median Year Built:2005
New Construction:0%
Recently Off Market Properties
5 propertiesLooking for similar properties?
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