For Sale $1,600,000
Enjoy the best of lake living in this beautifully designed waterfront home on Lake Norman, where thoughtful layout, expansive views, and exceptional outdoor amenities come together. The main level features a desirable split-bedroom design with a spacious primary suite and two additional bedrooms, each with its own ensuite bath and serene lake views. A light-filled living room with gas log fireplace opens to the well-appointed kitchen, complete with granite countertops, gray subway tile backsplash, custom cabinetry with pullout drawers, built-in pantry, wall oven and microwave, and smooth-top electric cooktop, all complemented by a casual breakfast area overlooking the water. A formal dining room with French doors, lake views, and flexible use potential adds even more versatility. The primary suite offers a generous walk-in closet and an accessible bath with easy-entry shower, bench, and grab bars. The lower level provides a fully equipped second living quarters with its own kitchen, living room, bedroom with ensuite bath and walk-in closet, laundry, and private access, ideal for extended stays or multi-purpose living. Additional spaces include a large workshop with full bath and a separate storage area with garage-style access, perfect for hobbies or lake gear. Outdoor living is truly exceptional, with a screened porch, covered patio, and an expansive wraparound deck designed to capture breathtaking views. The shoreline is enhanced by a long boardwalk, rare private boat ramp, and an impressive pier with gazebo leading to a stationary dock and two floating docks, including a covered slip with lift. Parking is abundant with an oversized side-load three-car garage, lower-level two-car carport, and circular drive. With no HOA and flexible-use potential, this property offers a unique opportunity to enjoy, share, or invest in a remarkable lakefront setting, all supported by thoughtful upgrades including a whole-house generator, water filtration system, multiple water heaters, and well-maintained mechanical systems. Home comes with 1-year warranty for peace of mind!
Dock - Floating
Attic Stairs Pulldown, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
| List Price: | $1,600,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2413 sqft |
| Parking: | Attached Carport, Circular Driveway, Driveway, Attached Garage, Garage Door Opener, Garage Faces Side |
| MLS Number: | CAR4377254 |
| Subdivision: | Shady Cove |
| Style: | Ranch |
| Bathrooms: | 5 |
| Lot Description: | Cleared, Rolling Slope, Wooded, Views, Waterfront |
| Year Built: | 1966 |
| Sewer Type: | Septic Installed |
| Elementary: | Troutman |
| Middle: | Troutman |
| High: | South Iredell |
| Date | Event | Price | $/SQFT |
| 05-29-2026 | Listed | $1,600,000 | $664 |
| 10-29-2025 | Under Contract | $775,000-3.11% | $322 |
| 07-15-2025 | Listed | $799,900 | $332 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Troutman Elementary School | 3 miles | PK-05 | 5 |
| Lakeshore Elementary School | 4 miles | PK-05 | 8 |
| Shepherd Elementary School | 4 miles | PK-05 | 8 |
| Lake Norman Elementary School | 6 miles | PK-05 | 9 |
| Sherrills Ford Elementary | 6 miles | KG-06 | 9 |
| Third Creek Elementary School | 6 miles | PK-05 | 2 |
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.
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 |
| 120 Shady Cove Road, Troutman NC | 0 mi | $1,600,000 | days | |
| 134 Millard Lane, Troutman NC | 0.2 mi | $329,000 | days | |
| 169 Hamptons Cove Road, Troutman NC | 0.2 mi | $399,000 | days | |
| 164 Crooked Branch Way, Troutman NC | 0.3 mi | $785,000 | days | |
| 131 Winding Forest Drive, Troutman NC | 0.4 mi | $799,900 | days | |
| 224 Hamptons Cove Road, Troutman NC | 0.4 mi | $595,000 | days |
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 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
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.
A Courtesy Listing Provided By Keller Williams Unified
120 Shady Cove Road, Troutman NC is a 2413 ft2 on a 0.985 acres lot. This is for $1,600,000. This has 4 bedrooms, 5 baths, and was built in 1966.
Based on information submitted to the MLS GRID as of 2026-05-29 10:51:31 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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