117 Penicillin Point, Troutman NC
- 3 Bed
- 3 Bath
- 1124 ft2
- 1.0 ac
For Sale $549,900
Remarks:
Charming Cape Cod on almost an acre in a beautiful Lake Norman lake community. Mature landscaping, large shade trees and an established setting provide great curb appeal, while the spacious lot offers plenty of room to enjoy the outdoors and plenty of privacy. Waterfront properties are just a couple of homes down the street, putting you close to the lake without the waterfront price tag. Inside, the home is bright and comfortable with a functional floor plan. The main level features a spacious great room that opens to the kitchen, a convenient primary suite and a large laundry room. The primary bath includes a soaking tub, separate shower and water closet. Upstairs are two spacious secondary bedrooms with generous closet space, along with two additional flex rooms that could be used as a guestroom, bonus, office, playroom, exercise room, or hobby space. The outdoor space is a real highlight of the property. A large back deck and covered screened-in area overlook the mature, private backyard and provide plenty of room for relaxing or entertaining. The attached above-ground pool is perfect for enjoying the warmer months. A customized detached garage adds over 800 sq ft of additional space and versatility. Built by the current owner as a dedicated space for working on a race car, the garage features multiple 220V outlets for shop equipment such as air compressors, welders and other tools. It could also be used as a workshop, hobby space or additional storage. With nearly an acre of mature landscaping and no development planned behind the property, the backyard offers a level of privacy that is hard to find. There is plenty of room for gardening, outdoor activities or simply enjoying the peaceful surroundings. Seasonal lake views are an added bonus. Located just minutes from Lake Norman State Park and the boat launch, this home offers the space and privacy of a large lot while still being close to the lake and area amenities. A great opportunity to enjoy a peaceful setting.
General Information:
| List Price: | $549,900 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1124 sqft |
| Parking: | Attached Garage, Detached Garage |
| MLS Number: | CAR4418260 |
| Subdivision: | Crescent Land and Timber |
| Style: | Cape Cod |
| Bathrooms: | 3 |
| Lot Description: | Wooded |
| Year Built: | 1997 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Troutman |
| Middle: | Troutman |
| High: | South Iredell |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-04-2026 | Listed | $549,900 | $490 |
| 01-12-2026 | Price Decrease | $349,999-1.41% | $312 |
| 12-05-2025 | Price Decrease | $355,000-1.11% | $316 |
| 12-01-2025 | Price Decrease | $359,000-1.64% | $320 |
| 11-23-2025 | Listed | $365,000 | $325 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lakeshore Elementary School | 3 miles | PK-05 | 8 |
| Sherrills Ford Elementary | 4 miles | KG-06 | 9 |
| Lake Norman Elementary School | 4 miles | PK-05 | 9 |
| Troutman Elementary School | 5 miles | PK-05 | 5 |
| Shepherd Elementary School | 6 miles | PK-05 | 8 |
| Langtree Charter Academy | 7 miles | KG-06 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 117 Penicillin Point, Troutman NC | 0 mi | $549,900 | days | |
| 178 Penicillin Point, Troutman NC | 0.3 mi | $975,000 | days | |
| 111 Theron Place, Troutman NC | 0.3 mi | $1,395,000 | days | |
| 139 Windwood Lane, Troutman NC | 0.3 mi | $1,100,900 | days | |
| 787 Morrison Farm Road, Troutman NC | 0.3 mi | $1,399,000 | days | |
| 118 Tayport Drive, Troutman NC | 0.3 mi | $795,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28166
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Properties of the Carolinas
117 Penicillin Point, Troutman NC is a 1124 ft2 on a 0.970 acres Wooded lot. This is for $549,900. This has 3 bedrooms, 3 baths, and was built in 1997.
Based on information submitted to the MLS GRID as of 2026-09-04 06:32:12 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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