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MLS# CAR4405820 · 9 days on market
178 Penicillin Point
Troutman, NC 28166
$1M$463/sqft
Beds3
Baths2
Sq Ft2,158
Lot0.66 ac
$/SqFt$463
DOM9
Architectural Narrative
Welcome to 178 Penicillin Point, where life slows down and lake memories are waiting to be made. Whether you're looking for a classic lake getaway to enjoy just as it is, a vacation rental opportunity, or the perfect waterfront lot to build your dream home, this property offers endless possibilities. Built in 1973, this waterfront home captures the feeling of simpler days on Lake Norman. Situated on a 0.66-acre lot with more than 200 feet of shoreline, NO HOA, and low Iredell County ONLY taxes, this is a rare opportunity to own a special piece of the lake.
Inside, you'll find a spacious great room with vaulted wood ceilings, walls of windows overlooking the water, and an open layout designed for gathering with family and friends. The home's original character has been preserved, giving it the nostalgic charm of a classic lake cottage.
Step outside and enjoy the gently sloping yard, covered 24' x 24' dock, sandy shoreline, and large deep-water cove with beautiful open water views. Spend the afternoon on the deck, swim or fish from the dock, head out for a day on the lake, or simply relax and watch the sunset.
The finished lower level provides additional living space for guests, hobbies, or game nights after a day on the water. A new roof was installed in 2023, and the 28' x 18' boathouse provides plenty of additional storage.
Opportunities to own waterfront property with this combination of location, views, and potential don't come along often. Conveniently located to I-77, Troutman, and Mooresville.
At a Glance
Bedrooms3
Full Baths2
Half Baths0
Property TypeSingle Family Residence
Year Built1973
LevelsOne
Community & Resources
County
Iredell
NC · 28166
High School
South Iredell
Assigned district
Middle School
Troutman
Assigned district
Elementary
Troutman
Assigned district
Tax Assessed
$631K
County record
$/SqFt
$463
Listed price basis
Property Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Stories / Levels
- One
- Living Area (SqFt)
- 2,158
- Above Grade SqFt
- 1,281
- Below Grade SqFt
- 877
- Full Bathrooms
- 2
- Lot Size
- 0.66 acres
- Zoning
- R20
- Parcel #
- 4629-61-0367.000
- Tax Assessed Value
- $631K
Appliances
DishwasherOvenRefrigerator
Heating, Cooling & Utilities
- Heating
- Heat Pump
- Cooling
- Ceiling Fan(s), Heat Pump
- Flooring
- Vinyl
- Laundry
- In Basement, In Hall
- Water Source
- Well
- Sewer
- Septic Installed
Exterior & Parking
- Construction
- Wood
- Foundation
- Basement
- Roof
- Architectural Shingle
- Parking
- Driveway
- Patio / Porch
- Covered, Deck
- Exterior Features
- Dock - Floating
Lot Features
Open LotSlopedViewsWaterfront
View
Water
Waterfront
Boat HouseCovered structureDock
Gallery
Listing courtesy of Howard Hanna Allen Tate Statesville · Marin Tomlin · Listed 07/23/2026
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178 Penicillin Point
Troutman, NC · $1M
