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$975,000
Monthly Est:$4,853
3 Beds
- 2 Baths
2 full baths
2,158sqft
178 Penicillin Point, Troutman, NC 28166
$975,000
$4,853/moEst:
Get Pre-Approved
Single Family Residence
Built in 1973
$-- HOA
0.66 acre lot
$452/sq.ft
Description
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.
- Houzeo last checked: 16 minutes ago
- Listing updated: September 4, 2026 at 11:59 pm
- Listing Provided by: Marin Tomlin (704) 881-4202 | Howard Hanna Allen Tate Statesville (704) 253-4340
- Source: Canopy MLS | MLS#: 4405820

Property Details
Status
Active Under Contract
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1973
HOA Fees
-
Finished Area
2,158 sqft
Lot Size
0.66 acre lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4405820
MLS Status
Under Contract-Show
Days on Market
77
Cumulative Days on Market
43

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Heating
Heat Pump
Sewer
Septic Installed
Cooling
Ceiling Fan(s), Heat Pump
Appliances
Dishwasher, Oven, Refrigerator
Exterior Features
Dock Floating
Flooring
Vinyl
Construction
Year Built
Year Built: 1973
Home type
Single Family Residence
Construction Materials
Wood
Foundation Details
Basement
Roof
Architectural Shingle
Utilities & Energy
Water Source
Well
Laundry Features
In Basement, In Hall
Parking Features
Driveway
Basement
Daylight, Walk Out Access, Walk Up Access
Other Features
Subdivision Name
None
Patio And Porch Features
Covered, Deck
Lot Features
Open Lot, Sloped, Views, Waterfront
Price History
| Date | Event | Price |
|---|---|---|
09/04/2026 Source: | Contingent (Active Under Contract) | $975,000 -2.50% $452/sqft |
07/23/2026 Source: | Listed for Sale | $1,000,000 $463/sqft |
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Based on information submitted to the MLS GRID from Canopy MLS through Oct 08, 2026, 10:30AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.
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