$1,935,000
219 Penicillin Point, Troutman, NC 28166
2 bed · 4 bath · 4,154 sq ft
2
bedrooms
4
baths
4,154
sq.ft.
$466
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Wake up every morning to lake views and end every evenings around the firepit. Perfectly positioned on the shores of Lake Norman, this updated waterfront home offers the rare combination of luxury, comfort, and proven investment potential. Currently operating as a successful vacation rental (over 180K per year), this property has been thoughtfully updated inside and out, making it equally suited as a full-time residence, weekend retreat, or income-producing investment. This home also comes fully furnished to continue as an investment or vacation home. Recent improvements include a beautifully renovated interior, freshly painted exterior, a brand-new dock, and an expansive screened porch designed for year-round enjoyment. With five spacious sleeping areas, every guest wakes up to breathtaking water views. Whether you're hosting large family gatherings or maximizing rental income, the layout was designed to bring everyone together while still providing plenty of privacy. One of the home's most unforgettable features is the incredible crow's nest, where panoramic 365-degree views stretch across Lake Norman and the surrounding landscape. It's an inspiring space for a home office, fitness room, art studio, reading retreat, or simply a quiet place to enjoy your morning coffee above the treetops. Designed for effortless indoor-outdoor living, the home offers multiple lakeside decks, an oversized screened porch with soaring wood ceilings, generous outdoor entertaining areas, and an inviting firepit just steps from the water. Spend your days boating, paddleboarding, swimming, or simply relaxing while taking in some of the best waterfront scenery Lake Norman has to offer. Homes has 4 BRS but septic permit has 2.
About the Neighborhood
Homes for sale in 28166 offer buyers a genuine small-town Iredell County lifestyle in Troutman, a community situated along I-77 approximately 35 miles north of Charlotte between the Mooresville and Statesville employment corridors. The residential landscape blends established mid-century ranch homes and traditional brick cottages with a growing inventory of newer construction subdivisions responding to Troutman's position along one of the Charlotte metro's most active I-77 growth corridors. Troutman Community Park and the town's greenway network provide outdoor recreation directly within residential neighborhoods, while the Lake Norman waterfront communities of Mooresville are minutes to the south and Statesville's expanding retail and dining scene is accessible to the north. Major employers along the I-77 industrial and corporate corridor, including a significant concentration of advanced manufacturing operations in Iredell County, provide strong local employment anchoring. The 28166 real estate market delivers competitive newer construction and established home values at price points below the Lake Norman premium, with I-77 providing a 30–35 minute commute to Uptown Charlotte and positioning buyers favorably between two of the region's strongest employment corridors.
Property Features
Property Description
- Beds Total: 2
- Bathrooms: 4 Full
- Year Built: 1967
- Living Area: 4,154 sqft
- New Construction: No
- MLS #: 4404906
Additional Home Features
- Subdivision: Lakeview Acres
- Neighborhood: Lakeview Acres
Association
- HOA Required: No
Utilities
- Cable Available
- Natural Gas
Interior Features
- Breakfast Bar
- Cable Prewire
- Central Vacuum
- Drop Zone
- Elevator
- Kitchen Island
- Open Floorplan
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Heating: Forced Air, Heat Pump, Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Heat Pump
- Main Level
Appliances
- Bar Fridge
- Dishwasher
- Gas Cooktop
- Gas Water Heater
- Wine Refrigerator
Construction Materials
- Brick Partial
- Foundation: Basement
- Roof: Architectural Shingle
Cooling
- Ceiling Fan(s)
- Central Air
- Heat Pump
Foundation Details
- Basement
Heating
- Forced Air
- Heat Pump
- Natural Gas
Laundry Features
- Main Level
Levels
- Two and a Half
Parking Features
- Attached Garage
- Garage Door Opener
- Keypad Entry
- Garage Spaces: 2
Exterior Features
- Above Ground Hot Tub / Spa
- Elevator
- Fire Pit
- Dock - Floating
- Hot Tub
- In-Ground Irrigation
- Patio/Porch: Deck, Patio, Rear Porch, Screened, Side Porch
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Concrete, Paved
Sewer
- Septic Installed
WaterSource
- Well
View
- Long Range
- Water
Security Features
- Security System
Flooring
- Carpet
- Tile
- Wood
Fireplace
- Fireplace: Yes
- Electric
- Great Room
- Porch
Location
Similar homes nearby
LISTING COURTESY OF: J MEEKS + CO
jenifer@jmeeksandco.com
$1,935,000
Est. Payment: $9,946/mo
Adjust down payment, rate & terms
Troutman, NC 28166
2
bedrooms
4
baths
4,154
sq.ft.
$466
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of J Meeks + Co
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.