Price Reduced ListingWelcome 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.
| MLS # | 4405820 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 30 |
| Listing Provided By | Howard Hanna Allen Tate Statesville | Marin Tomlin |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,158 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.66 |
| Water Front | Yes |
| Property View | Water |
| Cooling | Ceiling Fan(s), Heat Pump |
|---|---|
| Heating | Heat Pump |
| Appliances | Dishwasher, Oven, Refrigerator |
| Exterior Features | Dock - Floating |
|---|---|
| Roof | Architectural Shingle |
| Construction Materials | Wood |
| Foundation Details | Basement |
| Lot Features | Open Lot, Sloped, Views, Waterfront |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| List Aor | Canopy Realtor Association |
|---|
| Property | 630770 |
|---|
| State | NC |
|---|---|
| County | Iredell |
| City | Troutman |
| Zip Code | 28166 |
| Area | Iredell |
| School District | South Iredell |
| Elementary School | Troutman |
| High School | South Iredell |
| Listing VS Median (in 28166) | |
Price: $975,000 low | high Med: $417,900 sqft: 2,158 low | high Med: 2,481 $ / sqft: $452 low | high Med: $180 On site: 30 low | high Med: 158.5 | |
| State | NC |
|---|---|
| County | Iredell |
| City | Troutman |
| Zip Code | 28166 |
| Area | Iredell |
| School District | South Iredell |
| Elementary School | Troutman |
| High School | South Iredell |
| Listing VS Median (in 28166) | |
Price: $975,000 low | high Med: $417,900 sqft: 2,158 low | high Med: 2,481 $ / sqft: $452 low | high Med: $180 On site: 30 low | high Med: 158.5 | |
![]() | $1,100,900139 Windwood LaneTroutman, NC 28166 |