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178 Penicillin Point Troutman, NC 28166

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Bed: 3
Bath: 2
1/2 Bath: 0
Sq. Ft.: 2,158
Acreage: 0.66

$975,000

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Community: Troutman in Iredell County

3 bed
2 bath
0 1/2 bath
2,158 Sq. Ft.
0.66 acres

Welcome 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.

Presented by:
Marin Tomlin at Howard Hanna Allen Tate Statesville
Listed by:
Howard Hanna Allen Tate Statesville

Attribution: 704-881-4202
Original Listing Price: 1,000,000
MLS #: ‍4405820
Listing Status: Under Contract
Days on Market: 81
Buying Firm Commission: Test

Based on information submitted to the MLS GRID as of 2026-10-13 at 5:30AM. 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.

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Directions: 77 N from Charlotte, Exit 36 turn left on River Hwy, Right on Perth Rd, Left on State Park Rd, Left on Morrison Farm. Right on Penicillin Point, 0.3 miles house on right. From Troutman, Perth Rd. to Right on State Park Rd. Left on Morrison Farm. Right on Penicillin Point, 0.3 miles house on right.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

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Property Features

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Water: Well
Year Built: 1973
Subdivision: None
Floors: Vinyl
Basement/Foundation: Basement
Garage/Carport: Driveway
Heating/Cooling: Heat Pump
Exterior Features: Dock - Floating
Sewer: Septic Installed
Roof: Architectural Shingle
Cooling: Ceiling Fan(s),Heat Pump
Lot Description: Open Lot,Sloped,Views,Waterfront

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Schools

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  • High School: South Iredell
  • Middle School: Troutman
  • Elementary School: Troutman
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