CompCasa Property Analysis · Single Family Residential

125 Grand Bay Dr

Private Lake Norman Estate with 365' Shoreline and Dock

Spacious brick waterfront home on 1+ acre with walk-out basement

CompCasa valuation analysis
Estimated market value
$1,575,000
Low $1,512,000 · Midpoint $1,575,000 · High $1,638,000
Confidence65%Sales comparison approach
CompCasa estimate$1,575,000Current analysis
$1,512,000$1,575,000 midpoint$1,638,000
Price / sq ft$342

Derived from Redfin listing LD+JSON

About the property

Private Lake Norman Estate with 365' Shoreline and Dock

This is a rare, full-depth Lake Norman frontage offering—365.69 feet of shoreline complete with riprap protection, a private pier and a floating dock with two boat slips (one equipped with a hydraulic lift). Tucked into a quiet cove yet within sight of a deep channel, the brick two-story residence sits on a private 1+ acre parcel and delivers true year-round waterfront living.

Step through a two-story foyer into a dramatic two-story great room where a wall of windows frames the water and a stacked-stone gas-log fireplace anchors the corner. Built-ins and classic millwork add warmth; the formal dining room with tray ceiling connects easily to the great room for memorable gatherings. The kitchen is well-appointed with double wall ovens, an island with an electric cooktop and downdraft, stainless dishwasher, a new GE stainless microwave and a new GE side-by-side refrigerator with ice/water, chiller drawer and large freezer drawer.

The main-level primary suite commands lake views, features a deep double-tray ceiling, its own gas-log fireplace, two walk-in closets and a sumptuous bath with jetted tub, separate tiled shower with frameless glass, plus private access to the deck. A sizable laundry on the main level offers a utility sink, folding counter and brand-new washer and dryer included.

Upstairs you’ll find a bedroom and study sharing a full bath, an office with French doors and walk-in storage, and another bedroom with a vaulted ceiling. The walk-out lake level functions as an exceptional guest or in-law wing: a large family room opens to a second kitchen/bar outfitted with brand-new cabinets, countertops, backsplash, dishwasher and range; this level also includes an additional bedroom, exercise room, full bath, flex space, a second laundry (washer/dryer included) and a covered lakeside patio ideal for sunset entertaining.

Practical systems and storage are well-considered: an oversized 1-car garage plus the main-level 2-car garage, a dedicated workshop, a large storage closet and a utility room with a water-softening system. The grounds benefit from an in-ground irrigation system and meticulous care. Residents also enjoy community amenities including a clubhouse with a saltwater pool; shopping and restaurants are conveniently close. With flexible living spaces, turnkey updates and genuine lake frontage, this home is a standout on Lake Norman.

Location & nearby

Mooresville, NC

Researched nearby locations

365.69 feet of shoreline on Lake Norman
Covered lakeside patio; screened porch and upper deck
Lake Norman waterfront community (Grand Bay area)
Convenient to nearby shopping and restaurants
Private dock and direct boating/fishing access on Lake Norman
Nearby green spaces and lakeside outdoor recreation
Community suited for boating, watersports, and lakeside entertaining

Location

125 Grand Bay Dr, Mooresville, NC, 28117

View in Google Maps
Editorial neighborhood context

Set along Lake Norman’s quieter coves, this Grand Bay address delivers a relaxed lake lifestyle with easy access to community amenities and nearby retail and dining. The neighborhood centers on waterfront living—private docks, lakeside patios and community social spaces such as a clubhouse with a saltwater pool encourage outdoor entertaining and family recreation. Residents enjoy the balance of privacy on a 1+ acre lot while remaining a short drive from Mooresville conveniences.

Nearby access summary

Exceptional lake recreation—private pier and floating dock with two slips (one with hydraulic lift), clubhouse saltwater pool on-site, immediate boating and fishing access on Lake Norman, and nearby lakeside green spaces for walking and water sports.

Market context

A factual market snapshot around 125 Grand Bay Dr.

Editorial market perspective

This Lake Norman waterfront listing is priced at $1,575,000—aligned with the valuation midpoint derived from listing data ($1,575,000) and a calculated price-per-square-foot of approximately $342. Waterfront single-family homes on Lake Norman command a premium over inland properties; buyers are paying for private shoreline, dock access and turnkey move-in condition. Inventory for true lakefront parcels is limited compared with the broader Mooresville market, and those scarce parcels typically attract motivated buyers seeking turnkey, multi-generational use or rental flexibility. While broader regional pricing has experienced periods of stabilization, niche waterfront homes have shown pricing resilience—especially when they offer deep-water access, private slips, and finished walk-out basements that expand usable living area. For sellers, scarcity supports strong positioning; for buyers, this is a moment to compare replacement cost and unique waterfront amenities (dock/lift, riprap, acreage) against the list price and the $1.51M–$1.64M valuation range. The Redfin entry for this address was posted in early March 2026, placing it as a fresh-market opportunity for buyers actively searching Lake Norman inventory.

Highlights & features

What stands out about this property.

Interior Features

  • 2-story foyer and great room with wall of windows
  • Stacked-stone gas log fireplace with built-ins
  • Double wall ovens; island electric cooktop with downdraft
  • New GE stainless microwave and new GE refrigerator
  • Main-level primary suite with dual walk-in closets and private deck access
  • Main and lower-level laundry rooms (brand-new washers/dryers included)
  • Walk-out basement with second kitchen/bar and covered patio
  • Office with French doors; upstairs study and vaulted bedroom

Exterior & Lot

  • 365.69 feet of shoreline on Lake Norman
  • Riprap shoreline protection
  • Private pier and floating dock with two boat slips
  • One boat slip equipped with hydraulic lift
  • Private 1+ acre lot
  • In-ground irrigation system
  • Covered lakeside patio; screened porch and upper deck

Location & Neighborhood

  • Lake Norman waterfront community (Grand Bay area)
  • Community clubhouse with saltwater pool
  • Convenient to nearby shopping and restaurants
  • Quiet cove setting with sightlines to a deep channel for boating

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Private dock and direct boating/fishing access on Lake Norman
  • Clubhouse with saltwater pool for residents
  • Nearby green spaces and lakeside outdoor recreation
  • Community suited for boating, watersports, and lakeside entertaining