Property listing for 3830 Mill Run, Terrell, NC, 28682
For SaleSingle Family Home

$1,450,000

3830 Mill Run, Terrell, NC, 28682

Custom Lake Norman Waterfront Home on Nearly One Acre

4 Bed · 3.5 Bath · 3,997 Sq Ft

New-construction 4BR lakeside retreat with rip-rap shoreline and main-channel access

4

Beds

3.5

Baths

3,997

Sq Ft

2025

Built

Nearly 1 acre

Lot

2-car garage

Garage

About 3830 Mill Run

What first arrests you at 3830 Mill Run is the sweep of water framed by mature plantings and a protected cove — a rare combination of privacy and direct Lake Norman access on nearly an acre. This custom, new-construction residence was designed to take full advantage of its waterfront setting: generous sightlines from the grand two-story entry and the dramatic great room create a living experience that is both open and intimately connected to the shoreline beyond.

The heart of the home is a well-proportioned gourmet kitchen finished with quartz countertops, an oversized island, stainless steel appliances, a pot filler, and an eye-catching tile backsplash. Custom lighting accents and a walk-in pantry with built-in shelving make the space practical for everyday meals and large gatherings alike. A formal dining room sits adjacent to the great room under soaring ceilings, creating an elegant backdrop for dinner parties or holiday entertaining.

Privacy and comfort were prioritized in the main-level owner’s retreat: a luxe en suite bath, a large walk-in closet with custom shelving, and direct access to a covered deck where evenings on the lake feel like a private performance. Upstairs, three additional bedrooms include an especially generous fourth bedroom that works beautifully as a bonus room, media space, or guest suite.

Outdoor living is integral to the design. The property features rip-rap shoreline and a deep-water cove with convenient routing to the main channel — ideal for boating, paddle sports, or simply watching sun-silvered afternoons on the water. Expansive covered decks extend living spaces outdoors while preserving year-round usability. Thoughtful finishes, scale, and orientation make this home a low-maintenance, high-amenity waterfront option for buyers seeking new construction on Lake Norman.

Built for modern lake living with custom details throughout and a two-car garage, 3830 Mill Run presents a turnkey opportunity: sophisticated interiors, purposeful storage and service spaces, and a lakeside site few new homes can match. For buyers who prioritize water access, privacy, and quality construction, this property is a distinctive blend of function and lakeside character.

Home Highlights

Move-in ready (new construction, 2025)Waterfront on Lake Norman with rip-rap shorelineNearly one-acre private lotGourmet kitchen with quartz and oversized islandMain-level owner’s suite with covered deck accessTwo-story great room and grand entryExpansive covered outdoor decking2-car garage

Property Features

Interior Features

  • 4 bedrooms, 3.5 bathrooms
  • Grand entry with two-story ceilings
  • Great room with dramatic vertical volume
  • Gourmet kitchen: quartz counters and oversized island
  • Stainless steel appliances and pot filler
  • Tile backsplash and custom lighting
  • Walk-in pantry with built-in shelving
  • Formal dining room
  • Main-level owner’s retreat with en suite bath
  • Expansive walk-in closet with custom shelving
  • Generous fourth bedroom/bonus room

Exterior & Lot

  • Nearly 1 acre lot
  • Lake Norman waterfront with rip-rap shoreline
  • Protected cove with main-channel access
  • Expansive covered decks for outdoor living
  • Lush, private landscaping
  • 2-car garage

Location & Neighborhood

  • Terrell community on Lake Norman
  • Established lakeside neighborhood
  • Direct water access to Lake Norman main channel
  • Quiet cove setting with boating convenience

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Immediate lake access for boating and paddle sports
  • Waterfront views and shoreline access from the property
  • Room for docks or watercraft staging (buyer to verify permits)
  • Nearby marinas and lakeside amenities within the Lake Norman region

Neighborhood & Location

This property fronts Lake Norman in Terrell, offering a lakeside lifestyle defined by boating, waterfront leisure, and a quieter suburban pace. The neighborhood is composed of established homes and newer custom builds that value privacy and shoreline access. Residents here typically prioritize water-oriented recreation and comfortable outdoor living. Terrell provides a balance of scenic waterfront settings while remaining connected to the broader Lake Norman region’s services, dining, and recreational options.

Market Insights

Limited local market metrics were provided with this listing, but the price positioning is clear: the broker list at $1,450,000 matches the valuation midpoint and implies a price-per-square-foot of approximately $363 for a 3,997-sf new construction waterfront home. Waterfront inventory tends to be more constrained than inland stock, and new-construction, deep-water lots on Lake Norman are relatively uncommon — factors that can support pricing stability. Buyers should note that waterfront properties often move more selectively based on access, shoreline quality, and year-built, so this property’s rip-rap shoreline, protected cove and 2025 construction are important value drivers. Sellers can point to the strong alignment between list price and the valuation midpoint as evidence of a competitive position. Because days-on-market, local inventory levels, and recent sale comps were not included in the provided data, prospective buyers and sellers are advised to consult the current MLS for up-to-the-minute DOM and absorption trends in Terrell and the greater Lake Norman market. A targeted comparative market analysis will clarify negotiation levers — particularly for waterfront parcels where lot attributes matter as much as square footage.

Walkability & Recreation

30
Walkability
85
Recreation

Excellent lake access with a protected cove and direct routing to Lake Norman’s main channel for boating; nearby regional marinas, fishing, and shoreline recreation provide strong outdoor amenities.

AI Valuation Estimate

Low

$1392K

Midpoint

$1450K

High

$1508K

$363/SF estimated price per square foot

65% confidence

Derived from Redfin listing LD+JSON

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

  • Lake Norman waterfront with rip-rap shoreline
  • Terrell community on Lake Norman
  • Established lakeside neighborhood
  • Direct water access to Lake Norman main channel
  • Immediate lake access for boating and paddle sports
  • Nearby marinas and lakeside amenities within the Lake Norman region

This property fronts Lake Norman in Terrell, offering a lakeside lifestyle defined by boating, waterfront leisure, and a quieter suburban pace. The neighborhood is composed of established homes and newer custom builds that value privacy and shoreline access. Residents here typically prioritize water-oriented recreation and comfortable outdoor living. Terrell provides a balance of scenic waterfront settings while remaining connected to the broader Lake Norman region’s services, dining, and recreational options.

Market data is based on aggregated public records and may not reflect real-time conditions.

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