118 Teakwood Lane, Mooresville NC

  • 4 Bed
  • 3 Bath
  • 2171 ft2
  • 0.9 ac

For Sale $1,691,300

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Remarks:

Thoughtfully updated and designed to embrace its exceptional Lake Norman setting, this waterfront home offers sweeping water views, elegant interiors, and inviting spaces for everyday living and entertaining. Nestled on the highly sought-after Langtree Peninsula, you'll enjoy convenient access to I-77 while coming home to the tranquility of lakeside living. Bamboo floors flow throughout the primary living areas, anchored by a spacious great room with a gas log fireplace and a beautifully renovated kitchen. The conditioned four-season porch extends the living space, offering comfortable year-round living and panoramic lake views. The primary suite features direct access to the deck, long-range lake views, a stylishly renovated bath with an oversized tiled shower and dual vanity, and a generous walk-in closet. The partially finished walkout lower level offers outstanding flexibility with a welcoming living area featuring a wood-burning fireplace, beverage center, guest bedroom, full bath, and walkout access to the covered lakeside patio. The unfinished portion provides abundant storage, workshop space, and an oversized two-car garage. Recent improvements include roof '23 and HVAC '23. Outside, meticulously maintained grounds, a park-like lawn, multiple outdoor living spaces, a beach area, and a gently sloping path to the water create the kind of waterfront setting that's becoming increasingly difficult to find on Lake Norman. The protected cove offers ideal conditions for paddleboarding, kayaking, swimming, and floating without sacrificing long-range lake views. Whether you're looking for a full-time residence or weekend retreat, you'll appreciate being just minutes from Mooresville's popular restaurants, shopping, golf, parks, breweries, and year-round community events, with Charlotte Douglas International Airport approximately 32 miles away. Enjoy the convenience of boating from your own dock, with All Seasons Marina just moments away for fuel, service, storage, and additional boating amenities. This is a rare opportunity to own a home that captures the relaxed on-the-water lifestyle so many Lake Norman buyers seek.

Exterior Features:

In-Ground Irrigation

Interior Features:

Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Entrance Foyer, Kitchen Island, Storage, Walk-In Closet(s), Wet Bar

General Information:

List Price: $1,691,300
Status: For Sale
Bedrooms: 4
Type: Single Family Residence
Approx Sq. Ft.: 2171 sqft
Parking: Basement, Driveway, Attached Garage, Parking Space(s)
MLS Number: CAR4411407
Subdivision: Sailors Lair
Bathrooms: 3
Lot Description: Waterfront
Year Built: 1979
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Coddle Creek
Middle: Woodland Heights
High: Lake Norman

Price & Sales History

Date Event Price $/SQFT
08-14-2026 Under Contract $1,691,300 $780
08-12-2026 Listed $1,691,300 $780
11-27-2025 Price Decrease $300,000-4.76% $139
10-27-2025 Listed $315,000 $146

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Langtree Charter Academy 2 miles KG-06 9
Community School of Davidson 2 miles KG-06 10
Cornelius Elementary 3 miles KG-05 8
Davidson Elementary 3 miles KG-05 10
J.V. Washam Elementary 4 miles KG-05 8
Lake Norman Elementary School 4 miles PK-05 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
118 Teakwood Lane, Mooresville NC 0 mi $1,691,300 days
132 Clearwater Lane, Mooresville NC 0.4 mi $2,750,000 days
120 Royal Pointe Way, Mooresville NC 0.4 mi $925,000 days
119 Topsail Place, Mooresville NC 0.4 mi $775,000 days
129 Aqua Drive, Mooresville NC 0.5 mi $1,195,000 days
111 Aqua Drive, Mooresville NC 0.6 mi $999,000 days
1 to 6 of 12 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28117

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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.

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    Property Listing Information

    A Courtesy Listing Provided By HoneyBee Real Estate

    118 Teakwood Lane, Mooresville NC is a 2171 ft2 on a 0.900 acres lot. This is for $1,691,300. This has 4 bedrooms, 3 baths, and was built in 1979.

    Based on information submitted to the MLS GRID as of 2026-08-12 21:27:33 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. Click here for more information

    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.