Somerset On Lake Norman Homes for Sale
2 pendingCommunity Highlights
- Lake Norman waterfront homesites and finished homes bring private dock potential into a small subdivision setting
- Average lot size near 0.87 acre gives the neighborhood more separation than many shoreline communities
- Detached early-2000s homes frequently add office, bonus, workshop, or basement space beyond the basic bedroom count
* Based on what we noticed in listing details.
Architecture & Style
- Hardwood Floors
- Granite Counters
- Fireplaces
- Home Office Space
- Bonus Rooms
- Decks And Porches
- Main Level Primary Suites
* Based on what we noticed in listing details.
Location & Proximity
Catawba County shoreline near the NC 150 corridor
- Lake Norman
- Publix-anchored shopping center in Sherrills Ford
- The Landing waterfront restaurant
- public boat ramp
- Mooresville retail and dining corridor
* Based on what we noticed in listing details.
Nearby Schools
Sherrills Ford
Mill Creek
Bandys
* Based on what we noticed in listing details.
Somerset On Lake Norman is a compact Terrell subdivision where detached homes sit on notably generous parcels and the shoreline sets the top end of the market. The neighborhood spans everything from interior resale homes and remaining homesites to lakefront properties with docks, walk-out basements, and sale prices that have reached $1.5 million.
Community Highlights
Most of the housing dates to 2000 through 2004, with later waterfront additions extending into 2019, so the streetscape reads as early-2000s custom and varied detached construction rather than a single repeated model. Granite Street forms the core of the neighborhood, and the recurring home profile is a three- or four-bedroom single-family house with a two-car garage, flexible office or bonus space, and a lot that often runs well above the quarter-acre norm. Brick, siding, and stone or rock exteriors all appear here, while hardwood floors, granite kitchens, fireplaces, front porches, and broad rear decks surface again and again.
Waterfront homes are the defining product. Roughly four in ten MLS records are flagged as waterfront, and those homes have sold for about 53 percent more on average than non-waterfront properties in the subdivision. On the lake side, listings regularly highlight private docks, piers, boat lifts, cove frontage, long water views, and finished or walk-out basements designed to open toward the shoreline. Interior homes answer with their own outdoor emphasis through acre-plus yards, fenced back spaces, workshops, and several marketed in-ground pools.
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 61%.
Year-over-Year Comparison
Last 12 months





Recently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 8484 Mayflower Court 3 bed2 bath | Feb 23 2026 | $376,000 | 34 | 🎯100% | 1664 sq ft | $226 |
![]() SOLD 8487 Mayflower Court | Feb 4 2026 | $50,000 | 55 | 83% | — | — |
6 month gap in market activity | ||||||
![]() SOLD 3905 Granite Street 4 bed3 bath | Jul 18 2025 | $710,000 | 268 | 97% | 3300 sq ft | $215 |
![]() SOLD 3911 Granite Street 3 bed3 bath | Jun 13 2025 | $545,000 | 76 | 93% | 2559 sq ft | $213 |
3 month gap in market activity | ||||||
![]() SOLD 3855 Granite Street | Feb 25 2025 | $75,000 | 119 | 84% | — | — |
9 month gap in market activity | ||||||
![]() SOLD 3828 Granite Street 4 bed3 bath | May 2 2024 | $575,000 | 40 | 96% | 4550 sq ft | $126 |
7 month gap in market activity | ||||||
![]() SOLD 3902 Granite Street 4 bed3 bath | Sep 12 2023 | $1.13M | 39 | 🎯113% | 3490 sq ft | $324 |
7 month gap in market activity | ||||||
![]() SOLD 8477 Mayflower Court 4 bed3 bath | Jan 27 2023 | $490,000 | 103 | 92% | 2306 sq ft | $212 |
11 month gap in market activity | ||||||
![]() SOLD 3865 Granite Street 4 bed3 bath | Feb 28 2022 | $546,900 | 60 | 99% | 2474 sq ft | $221 |
![]() SOLD 3924 Granite Street 4 bed3 bath | Feb 22 2022 | $1.20M | 32 | 🎯131% | 4125 sq ft | $291 |
4 month gap in market activity | ||||||
![]() SOLD 3918 Granite Street 4 bed4 bath | Oct 4 2021 | $1.50M | 103 | 🎯100% | 5106 sq ft | $294 |
![]() SOLD 3848 Granite Street 3 bed3 bath | Sep 27 2021 | $587,500 | 42 | 99% | 2800 sq ft | $210 |
1+ year gap in market activity | ||||||
![]() SOLD 3875 Granite Street 3 bed2 bath | Aug 18 2020 | $435,000 | 47 | 98% | 2749 sq ft | $158 |
4 month gap in market activity | ||||||
![]() SOLD 3934 Granite Street 4 bed3 bath | Apr 6 2020 | $777,000 | 557 | 98% | 3745 sq ft | $207 |
![]() SOLD 3810 Granite Street 3 bed2 bath | Mar 27 2020 | $349,000 | 58 | 98% | 2292 sq ft | $152 |
7 month gap in market activity | ||||||
![]() SOLD 4005 Granite Street 3 bed3 bath | Aug 19 2019 | $470,000 | 155 | 97% | 3493 sq ft | $135 |
2 month gap in market activity | ||||||
![]() SOLD 3800 Granite Street 3 bed2 bath | Jun 14 2019 | $300,000 | 92 | 97% | 2087 sq ft | $144 |
2 month gap in market activity | ||||||
![]() SOLD 3975 Granite Street 4 bed3 bath | Apr 10 2019 | $345,000 | 128 | 99% | 3188 sq ft | $108 |
6 month gap in market activity | ||||||
![]() SOLD 3876 Granite Street 4 bed3 bath | Sep 27 2018 | $429,999 | 126 | 🎯100% | 2615 sq ft | $164 |
1+ year gap in market activity | ||||||
![]() SOLD 4005 Granite Street 3 bed2 bath | May 23 2017 | $415,000 | 99 | 98% | 3493 sq ft | $119 |
![]() SOLD 3975 Granite Street 4 bed3 bath | May 15 2017 | $343,000 | 270 | 98% | 3191 sq ft | $107 |
![]() SOLD 3937 Granite Street 3 bed2 bath | May 2 2017 | $375,000 | 40 | 🎯100% | 3286 sq ft | $114 |
5 month gap in market activity | ||||||
![]() SOLD 3906 Granite Street 3 bed3 bath | Nov 4 2016 | $613,660 | 100 | 96% | 3466 sq ft | $177 |
8 month gap in market activity | ||||||
![]() SOLD 3902 Granite Street 4 bed3 bath | Mar 4 2016 | $570,000 | 282 | 91% | 3360 sq ft | $170 |
3 month gap in market activity | ||||||
![]() SOLD 3800 Granite Street 3 bed2 bath | Nov 17 2015 | $255,000 | 253 | 93% | 2117 sq ft | $120 |
3+ year gap in market activity | ||||||
![]() SOLD 3924 Granite Street | May 11 2012 | $165,000 | 277 | 89% | — | — |

8484 Mayflower Court
$376,000

8487 Mayflower Court
$50,000

3905 Granite Street
$710,000

3911 Granite Street
$545,000

3855 Granite Street
$75,000

3828 Granite Street
$575,000

3902 Granite Street
$1,130,000

8477 Mayflower Court
$490,000

3865 Granite Street
$546,900

3924 Granite Street
$1,200,000

3918 Granite Street
$1,500,000

3848 Granite Street
$587,500

3875 Granite Street
$435,000

3934 Granite Street
$777,000

3810 Granite Street
$349,000

4005 Granite Street
$470,000

3800 Granite Street
$300,000

3975 Granite Street
$345,000

3876 Granite Street
$429,999

4005 Granite Street
$415,000

3975 Granite Street
$343,000

3937 Granite Street
$375,000

3906 Granite Street
$613,660

3902 Granite Street
$570,000

3800 Granite Street
$255,000

3924 Granite Street
$165,000
Market Statistics
The Somerset On Lake Norman real estate market shows buyer's market conditions. Homes typically sell within 99 days. With 2 active listings and 2 homes sold in the past year, Buyers have more negotiating power and time to decide.
Pricing
Median Price:$587,450
Average Price:$587,450
Property Details
Avg Bedrooms:3.6
Avg Bathrooms:2.8
Avg Lot Size:0.87 acres
Market Activity
Active Listings:2
Sold Last Year:2
Median Days to Sell:99 days
Community Info
Has HOA:No
Median Year Built:2003
New Construction:0%
Recently Off Market Properties
3 propertiesLooking for similar properties?
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