Property
Beds
4
Full Baths
5
1/2 Baths
1
Year Built
1985
Sq.Footage
7,624
This exceptional Lake Norman waterfront investment property in Troutman, NC offers a rare opportunity to own a proven income-producing short-term rental with no HOA restrictions and the ability to continue operating as a vacation rental. With 4 bedrooms, 5 full baths, 1 half bath, and over 7,000 square feet, there is ample room for large groups and multiple families to gather while still enjoying privacy and space. In addition to the four bedrooms, the home features multiple flex rooms currently utilized as additional sleeping areas, allowing the property to comfortably accommodate up to 20 guests. Designed with entertaining and guest comfort in mind, the home features two full kitchens, multiple living and recreation areas, and expansive gathering spaces throughout. A covered boat slip conveys with the property, providing direct access to Lake Norman, while nearby boat rental options allow guests to easily enjoy the water. Outdoor amenities include a lakeside firepit area, paddleboard and canoe storage, and plenty of room to relax and take in the waterfront setting. Offered fully furnished and turnkey, the sale includes all furniture, bed and bath linens, kitchen appliances, cookware, utensils, and entertainment amenities including a foosball table, pool table, and ping pong table. Future scheduled tenant bookings will convey with the property, allowing the next owner to step into immediate rental income. The home has been well maintained and includes numerous updates: five HVAC systems, with one AC unit replaced in July 2024 and a heat pump replaced in June 2023; septic pumped in August 2025; well replaced in 2020 (per previous owner); water heater replaced in 2020 (per previous seller); and two mattresses replaced in 2025. The roof is approximately 2010 (per previous owner). Situated on approximately 0.8 acres, this unique Lake Norman property combines waterfront recreation, strong investment potential, and relaxed lake living. Whether you're seeking a vacation rental business, a second home, or a private retreat with room for everyone, this property delivers a rare blend of lifestyle and income opportunity.
Features & Amenities
Interior
-
Other Interior Features
Kitchen Island, Walk-In Closet(s)
-
Total Bedrooms
4
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Above Grade Finished Area
4901.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Electric, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Fiber Cement
-
Other Exterior Features
Boat Slip
-
Parking
Driveway
-
Patio and Porch Features
Deck, Front Porch, Wrap Around
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Waterfront
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$2,100,000
-
Sq. Footage
7, 624
-
Price/SqFt
$275
HOA
-
Association
No
School District
-
Elementary School
Unspecified
-
Middle School
Unspecified
-
High School
Unspecified
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Well
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Location
County
Iredell
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Listing Courtesy of Renee Hornor , Premier South
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Agent
Mary Patrella
Call Mary today to schedule a private showing.
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