Price Reduced Listing
$975,000
 $5,234 est/mo Sourced by Back At You

178 Penicillin Point,Troutman, NC 28166

Troutman, NC 28166

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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.

Details

MLS #4405820
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1973
Days On Site30
Listing Provided ByHoward Hanna Allen Tate Statesville | Marin Tomlin

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet2,158
BasementY
Story(s)1
Acreage0.66
Water FrontYes
Property ViewWater

Interior

CoolingCeiling Fan(s), Heat Pump
HeatingHeat Pump
AppliancesDishwasher, Oven, Refrigerator

Exterior

Exterior FeaturesDock - Floating
RoofArchitectural Shingle
Construction MaterialsWood
Foundation DetailsBasement
Lot FeaturesOpen Lot, Sloped, Views, Waterfront

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Other

List AorCanopy Realtor Association

Taxes

Property630770

Area Information

StateNC
CountyIredell
CityTroutman
Zip Code28166
AreaIredell
School DistrictSouth Iredell
Elementary SchoolTroutman
High SchoolSouth Iredell
Listing VS Median (in 28166)
Price:
$975,000
low | high
Med:
$417,900
100% of Average
sqft:
2,158
low | high
Med:
2,481
35.055607043559% of Average
$ / sqft:
$452
low | high
Med:
$180
100% of Average
On site:
30
low | high
Med:
158.5
18.927444794953% of Average
Sourced by Back At You

Market Activity 28166

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 22, 2026 at 2:06:54 PM PDT All data is obtained from various sources and may not have been verified by 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.

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Learn More About This Property

StateNC
CountyIredell
CityTroutman
Zip Code28166
AreaIredell
School DistrictSouth Iredell
Elementary SchoolTroutman
High SchoolSouth Iredell
Listing VS Median (in 28166)
Price:
$975,000
low | high
Med:
$417,900
100% of Average
sqft:
2,158
low | high
Med:
2,481
35.055607043559% of Average
$ / sqft:
$452
low | high
Med:
$180
100% of Average
On site:
30
low | high
Med:
158.5
18.927444794953% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $731K - $1.218M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
139 Windwood Lane Property Photo 1
$1,100,900
139 Windwood Lane
Troutman, NC 28166
Listing Updated: August 20, 2026 at 11:23:04 AM PDT