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