Skip to main content

Shady Cove Homes for Sale

2 homes
Troutman, NC

Community Highlights

  • Lake Norman waterfront and waterview opportunities sit inside one compact subdivision.
  • No-HOA positioning is a recurring part of the neighborhood story.
  • Wooded homesites are larger than many lake neighborhoods, averaging about 0.79 acres.
Popular Features
Lake ViewsDecksFinished BasementsGranite Countertops

* Based on what we noticed in listing details.

Architecture & Style

TypeSingle Family
StyleRanch
QualityMixed
Built1964–2025
Avg Lot0.79 ac
Garages47%
Basements50%
Waterfront44%
  • Decks
  • Finished Basements
  • Granite Countertops
  • Stainless Appliances
  • Screened Porches
  • Fireplaces
  • Open Floor Plans

* Based on what we noticed in listing details.

Location & Proximity

compact lakeside subdivision on the Troutman side of Lake Norman

Troutman7 min
Mooresville19 min
Statesville19 min
  • Troutman town center
  • Lake Norman State Park
  • Stumpy Creek boat landing
  • Skipper's Landing marina corridor
  • Statesville

* Based on what we noticed in listing details.

Nearby Schools

Elementary

Troutman

Middle

Troutman

High

South Iredell

* Based on what we noticed in listing details.

Questions about Shady Cove?

Contact a licensed Troutman agent

Call Us

(704) 448-6060

Lots and Land in Shady Cove

Shady Cove reads like one of Troutman's smaller Lake Norman pockets: a mix of waterfront homes, waterview addresses, and wooded interior parcels tucked off Perth Road. Docks, boat slips, sunset decks, no-wake coves, and no-HOA positioning shape the neighborhood's identity.

Community Highlights

Lake frontage is the headline, but not the whole story. About 44% of recorded listings carry waterfront status, and the premium shoreline addresses cluster along Lily Pad Loop and parts of Shady Cove Road, where deep-water frontage, private docks, boat slips, beach areas, and long Lake Norman views show up again and again. The price structure is broad enough to include lower-priced buildable lots as well as shoreline homes that now push toward or above the million-dollar mark.

Shady Cove also has a looser, lower-density feel than many lake subdivisions. Average lot size runs just under 0.8 acres, with recorded parcels spanning roughly 0.39 to 2.22 acres. Mature trees, wooded backdrops, and cul-de-sac sites recur throughout the neighborhood, and build dates stretch from 1964 to 2025, with most homes tracing to the 1980s and 1990s. Ranch layouts are common, basements appear often, and the housing mix ranges from simple waterview homes and interior lots to custom lakefront properties.

These insights are based on listing details and are informational only; verify details for any specific property.

Elementary
Troutman
Middle
Troutman
High
South Iredell
These are typical school assignments. Attendance isn't guaranteed based on address. Please verify with the district.

Recently Sold Properties

230 Shady Cove Road
SOLD

230 Shady Cove Road

$1,151,000

Aug 5, 20254bd4ba2740sf
68 days94%$420/sf
118 Alfara Lane
SOLD

118 Alfara Lane

$375,000

Jun 25, 20253bd2ba1319sf
97 days96%$284/sf
8 month gap
230 Shady Cove Road
SOLD

230 Shady Cove Road

$865,000

Oct 11, 20244bd4ba2828sf
77 days92%$306/sf
127 Shady Cove Road
SOLD

127 Shady Cove Road

$325,000

Oct 4, 20243bd2ba1579sf
53 days102%$206/sf
140 Alfara Lane
SOLD

140 Alfara Lane

$515,000

Sep 26, 20243bd3ba2655sf
75 days98%$194/sf
1+ year gap
149 Shady Cove Road
SOLD

149 Shady Cove Road

$100,000

Aug 15, 20230
56 days100%
1+ year gap
15 Shady Cove Road
SOLD

15 Shady Cove Road

$61,666

Feb 23, 20220
204 days94%
15 Millard Lane
SOLD

15 Millard Lane

$61,666

Feb 23, 20220
204 days103%
17 Shady Cove Road
SOLD

17 Shady Cove Road

$61,666

Feb 23, 20220
204 days88%
203 Shady Cove Road
SOLD

203 Shady Cove Road

$611,000

Jan 7, 20223bd2ba3355sf
37 days108%$182/sf
4 month gap
215 Shady Cove Road
SOLD

215 Shady Cove Road

$465,000

Aug 26, 20213bd2ba1447sf
68 days100%$321/sf
2 month gap
122 Shady Cove Road
SOLD

122 Shady Cove Road

$275,000

Jun 10, 20210
238 days96%
167 Shady Cove Road
SOLD

167 Shady Cove Road

$335,000

May 28, 20213bd2ba2339sf
35 days102%$143/sf
7 month gap
140 Alfara Lane
SOLD

140 Alfara Lane

$310,000

Oct 14, 20203bd3ba2400sf
34 days103%$129/sf
110 Lily Pad Loop
SOLD

110 Lily Pad Loop

$591,000

Aug 27, 20203bd3ba3401sf
58 days99%$174/sf
2+ year gap
112 Millard Lane
SOLD

112 Millard Lane

$120,000

Aug 2, 20180
254 days100%
6 month gap
203 Shady Cove Road
SOLD

203 Shady Cove Road

$379,500

Jan 31, 20183bd2ba3356sf
100 days95%$113/sf
4 month gap
110 Shady Cove Road
SOLD

110 Shady Cove Road

$450,000

Oct 2, 20174bd3ba2701sf
451 days98%$167/sf
122 Lily Pad Loop
SOLD

122 Lily Pad Loop

$406,500

Aug 11, 20173bd2ba2350sf
42 days98%$173/sf
12 month gap
181 Shady Cove Road
SOLD

181 Shady Cove Road

$223,500

Aug 12, 20163bd3ba1804sf
109 days97%$124/sf
2 month gap
167 Shady Cove Road
SOLD

167 Shady Cove Road

$240,000

Jun 2, 20163bd2ba2355sf
36 days100%$102/sf
3 month gap
140 Alfara Lane
SOLD

140 Alfara Lane

$248,680

Feb 12, 20162bd3ba2420sf
210 days100%$103/sf
7 month gap
144 Shady Cove Lane
SOLD

144 Shady Cove Lane

$334,455

Jul 14, 20153bd2ba2211sf
26 days101%$151/sf
3 month gap
215 Shady Cove Road
SOLD

215 Shady Cove Road

$122,432

Mar 25, 20153bd2ba1321sf
98 days123%$93/sf
2 month gap
125 Millard Lane
SOLD

125 Millard Lane

$118,500

Dec 30, 20143bd2ba2271sf
48 days101%$52/sf
1244 Perth Road
SOLD

1244 Perth Road

$139,900

Dec 12, 20143bd1ba1143sf
123 days100%$122/sf
167 Shady Cove Road
SOLD

167 Shady Cove Road

$230,000

Oct 24, 20143bd2ba2400sf
180 days99%$96/sf
6 month gap
181 Shady Cove Road
SOLD

181 Shady Cove Road

$185,500

Apr 24, 20143bd3ba1783sf
92 days93%$104/sf
3 month gap
127 Alfara Lane
SOLD

127 Alfara Lane

$165,000

Jan 17, 20143bd2ba1750sf
196 days92%$94/sf
10 month gap
159 Shady Cove Road
SOLD

159 Shady Cove Road

$110,800

Mar 20, 20133bd2ba2866sf
68 days78%$39/sf
Showing 30 sold properties

Market Statistics

The Shady Cove real estate market shows buyer's market conditions. Homes typically sell within 92 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:$659,000

Average Price:$659,000

Property Details

Avg Bedrooms:3.2

Avg Bathrooms:2.6

Avg Lot Size:0.79 acres

Market Activity

Active Listings:2

Sold Last Year:2

Median Days to Sell:92 days

Community Info

Has HOA:No

Median Year Built:1988

New Construction:4%

Recently Off Market Properties

1 property

Looking for similar properties?

These properties are no longer available, but we can help you find similar homes in Shady Cove. Our agents have access to upcoming listings and can notify you when new properties become available.