Estimate anchored to the MLS list price of $1,500,000 and adjusted for waterfront deep-water dock, recent renovation, and Lake Norman waterfront premium. No live comparable sales search performed.
Custom Lake Norman Waterfront Cottage with Deep-Water Dock
This is not a cookie-cutter lake house — it began life as a wood post-and-beam fishing cabin and has been artfully transformed into a sophisticated yet authentic Lake Norman home. Perched on a private cove just south of Lake Norman State Park, the property delivers deep-water dock access, sweeping water views, and a large, wooded 0.83-acre parcel that feels private and intentionally curated.
Inside, the layout reads like a single-level retreat with 2,436 finished square feet, including 3 bedrooms and 2.5 baths. The living area centers on a dramatic floor-to-ceiling stacked stone fireplace. The kitchen and dining area are a showpiece — an 11-foot exotic Elm live-edge dining table with integrated seating anchors gatherings and pairs with high-end appliances (gas range/oven, dishwasher, built-in microwave). The luxurious primary suite includes vaulted ceilings, dual closets, a soaking tub and an oversized shower — a spa-like retreat after a day on the water.
An exceptional enclosed porch expands the living footprint: second stacked stone fireplace, polished concrete floor, dedicated dry bar and oversized picture windows that frame the lake. Outdoors the property continues to entertain effortlessly — a professional grilling station with built-in bar, mini-fridge and sink, multiple seating terraces, and direct lawn-to-dock access. The dock sits on deep water in a protected cove yet provides a short boat ride to the main channel and lakeside dining.
Practical upgrades include a new roof installed in 2024, heat-pump HVAC, well and septic systems (buyer to verify), propane service, and wired internet/cable. The home is being offered fully furnished and turnkey — move in, start vacations immediately, or operate as a high-demand seasonal rental where allowed. No HOA and no restrictive covenants are reported. Schedule a private showing to experience the combination of rustic character and elevated finish that makes this Lake Norman property rare.
A 1978 cottage on 0.83 acres.
Building
Site & utilities
Lake Norman - Southern Cove (near Lake Norman State Park)
Researched nearby locations
Location
111 Theron Pl, Troutman, NC 28166
The southern Lake Norman corridor blends lake living with access to outdoor recreation and small-town services. This area offers a mix of older, character-rich cottages and newer luxury rebuilds, with proximity to Lake Norman State Park providing hiking, biking and shoreline access. Nearby Mooresville and Troutman supply dining, groceries and services, while the Charlotte metro is an easy commute for weekend and seasonal owners.
Outstanding outdoor access — private dock, paddling, wake sports, and Lake Norman State Park trails are immediate amenities for active owners.
A factual market snapshot around 111 Theron Pl.
Lake Norman waterfront properties sit in a distinct premium segment of the Charlotte metro market. While median single-family prices in Iredell County are well below this listing, waterfront parcels with deep water and private docks command strong premiums and limited supply. Inventory in the waterfront niche stays low, and turnkey, well-furnished homes frequently see rapid interest from buyers in Charlotte, Mooresville, and regional weekend-buyers. Expect brisk activity if priced to reflect the quality of renovation and immediate dock access. Verify short-term rental rules if intending to operate as a vacation rental — operating margins can be strong in peak season but are seasonal and management-dependent.
Likely residential lakefront (county residential zoning) — verify with Iredell County for exact code and setback requirements.
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Structures (Subject To County/Shoreline Regulations)
- Short Term Rental Typically Allowed Where Permitted By County (Verify Local Rules)
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- 3 beds, 2.5 baths, 2,436 sf on 0.83 acres (lot sqft 36,154)
- List price: $1,500,000 (price/sf reported $616)
- Utilities: well water, septic, electric connected, propane, heat pump HVAC
- Located on a cul-de-sac with circular driveway and ample off-street parking
- Comes fully furnished and turnkey, ready for immediate occupancy or rental
What stands out about this property.
Interior Features
- 3 bedrooms, 2.5 baths, 2,436 finished sqft
- Floor-to-ceiling stacked stone fireplace in main living area
- 11-foot exotic Elm live-edge dining table integrated into kitchen
- Luxurious master suite with vaulted ceiling, soaking tub and oversized shower
- Polished concrete floor on enclosed porch and second stacked stone fireplace
- Heat pump HVAC; insulated windows; laundry in basement
Exterior & Lot
- 0.83-acre wooded lot with private waterfront frontage
- Deep-water dock on protected cove with quick access to main channel
- Professional grilling station with built-in bar, mini-fridge and sink
- New roof installed 2024
- Circular driveway and abundant off-street parking
- No HOA / no reported restrictions
Location & Neighborhood
- Southern Lake Norman — minutes from Lake Norman State Park
- Short boat ride to lakeside restaurants and marinas
- Commutable to Mooresville / Charlotte metro
- Cul-de-sac privacy on Theron Pl
Walkability & Recreation
- Walkability Rating: 30/100
- Recreation Score: 90/100
- Immediate access to boating, fishing, kayaking, hiking and biking
- Nearby Lake Norman State Park trails and public boat ramps
Sources & research confidence.
See where the property research came from and how confidence varies by field.