Captains Cove Homes for Sale
2 homesCommunity Highlights
- Direct Lake Norman frontage and deeded slip access define the neighborhood.
- Half-acre lots give the streets a larger-lot lakefront feel than many newer shoreline enclaves.
- The price ladder spans water-view homes with slips through premium big-water frontage on Anchor Lane.
* Based on what we noticed in listing details.
Lakeside Gazebo · Fire Pit · Beach Area +1
* Based on what we noticed in listing details.
Architecture & Style
- Attached Garages
- Decks
- Fireplaces
- Basements Or Lower Levels
- Walk In Closets
- Hardwood Floors
- Granite Counters
* Based on what we noticed in listing details.
Captains Cove is a compact Lake Norman enclave in Troutman where boating access shapes nearly every home description and sale. The neighborhood centers on Anchor Lane and Captains Way, and the MLS history is remarkably consistent: direct waterfront lots, deeded slips, covered docks, lifts, and big-water views drive the identity more than clubhouse-style amenities.
Community Highlights
Most homes were built from 1992 to 1995, with one later 2007 custom build, and the recorded lot sizes cluster around roughly half an acre. That scale gives the street a low-density feel, and it also helps explain the neighborhood's wide pricing spread. Recent closed sales range from $415,000 for a water-view home with a deeded slip to $1.41 million for a direct waterfront property with 110 feet of shoreline, while the current active offering is listed at $1.5 million.
The strongest concentration of premium homes sits on Anchor Lane, where recent sales repeatedly highlight level or gently sloped shoreline, covered docks, boat lifts, and broad lake views. Basements appear in most MLS records, garages appear in every one, and remarks often point to decks, fireplaces, hardwood floors, granite kitchens, walk-in closets, and main-level primary suites. Brick exteriors show up regularly, but the neighborhood is not uniform in its exterior treatment; custom lake-house details, stone fireplaces, and vaulted great rooms also appear throughout the listing history.
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 monthsRecently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 126 Anchor Lane 3 bed3 bath | Sep 26 2025 | $1.41M | 202 | 89% | 3136 sq ft | $450 |
1+ year gap in market activity | ||||||
![]() SOLD 104 Anchor Lane 4 bed3 bath | May 13 2024 | $1.10M | 73 | 92% | 3155 sq ft | $349 |
2 month gap in market activity | ||||||
![]() SOLD 125 Anchor Lane 3 bed2 bath | Mar 11 2024 | $690,000 | 54 | 93% | 3565 sq ft | $194 |
1+ year gap in market activity | ||||||
![]() SOLD 110 Captains Way 3 bed2 bath | Sep 20 2022 | $500,000 | 58 | 🎯100% | 2224 sq ft | $225 |
10 month gap in market activity | ||||||
![]() SOLD 139 Anchor Lane 3 bed2 bath | Nov 3 2021 | $680,000 | 73 | 98% | 2606 sq ft | $261 |
10 month gap in market activity | ||||||
![]() SOLD 125 Anchor Lane 3 bed2 bath | Dec 10 2020 | $415,000 | 98 | 99% | 2529 sq ft | $164 |
8 month gap in market activity | ||||||
![]() SOLD 101 Anchor Lane 3 bed3 bath | Mar 30 2020 | $445,000 | 251 | 97% | 3683 sq ft | $121 |
1+ year gap in market activity | ||||||
![]() SOLD 104 Anchor Lane 4 bed3 bath | Jun 6 2018 | $570,000 | 54 | 99% | 3174 sq ft | $180 |
1+ year gap in market activity | ||||||
![]() SOLD 126 Anchor Lane 3 bed3 bath | Jun 30 2016 | $560,000 | 338 | 99% | 3236 sq ft | $173 |

126 Anchor Lane
$1,410,000

104 Anchor Lane
$1,100,000

125 Anchor Lane
$690,000

110 Captains Way
$500,000

139 Anchor Lane
$680,000

125 Anchor Lane
$415,000

101 Anchor Lane
$445,000

104 Anchor Lane
$570,000

126 Anchor Lane
$560,000
Market Statistics
The Captains Cove real estate market shows buyer's market conditions. Homes typically sell within 73 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:$1,057,500
Average Price:$1,057,500
Property Details
Avg Bedrooms:3.2
Avg Bathrooms:2.7
Avg Lot Size:0.55 acres
Market Activity
Active Listings:2
Sold Last Year:1
Median Days to Sell:73 days
Community Info
Has HOA:No
Median Year Built:1994
New Construction:0%







