For Sale $589,900
Discover lakeside elegance in this Charleston-style Saussy Burbank home in Water Oak’s coveted lakefront enclave, where homes rarely come to market. Across the street, a preserved natural corridor alive with birds & wildlife stretches toward Lake Norman, creating a serene backdrop visible from two covered rocking chair front porches. With no homes directly across the street, this residence enjoys a unique blend of privacy and tranquility in one of the neighborhood’s most desirable settings. Step inside to a gracious foyer, grand staircase, 10' ceilings & hardwood floors. A dining rm & versatile living rm (an ideal home office) lead into the heart of the home, where the family rm, breakfast area & spacious chef’s kitchen come together seamlessly. The kitchen is a true showstopper, featuring an oversized island, walk-in pantry & extra wall of cabinets, offering generous storage/prep space for effortless cooking and entertaining. Upstairs, the spacious primary suite serves as a luxurious, peaceful retreat, while one of the 3 additional BRs has been converted into a fully equipped home theater for a true cinematic movie experience at home—just bring the popcorn! A cozy landing leads to the upper balcony, your private perch for morning coffee with a view. A patio & gazebo surrounded by fountains and seasonal plantings create a private oasis for relaxation and get-togethers. Detached two-car garage, newer roof & 1st level HVAC (both 2023) & home generator offer added convenience and peace of mind. Water Oak is a sought-after community with tree-lined streets, sidewalks & charming architecture. Residents enjoy an outdoor pool, splash pad, covered pavilion, playground & kayak/paddleboard launch. The Village at Byers Creek is right next door for daily essentials, with I-77 & additional shopping and dining just minutes away. With its lakefront location, privacy & proximity to area amenities, Water Oak offers the best in lakeside living and everyday convenience.
Attic Stairs Pulldown, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s), Walk-In Pantry
| List Price: | $589,900 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1447 sqft |
| Parking: | Driveway, Detached Garage, Garage Door Opener, Garage Faces Rear, Keypad Entry, Parking Space(s) |
| MLS Number: | CAR4319999 |
| Subdivision: | Water Oak |
| Style: | Charleston |
| Bathrooms: | 3 |
| Lot Description: | Wooded, Views |
| Year Built: | 2004 |
| Sewer Type: | Public Sewer |
| Elementary: | Lakeshore |
| Middle: | Lakeshore |
| High: | Lake Norman |
| Date | Event | Price | $/SQFT |
| 11-24-2025 | Listed | $589,900 | $408 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lakeshore Elementary School | 0 miles | PK-05 | 8 |
| Lake Norman Elementary School | 2 miles | PK-05 | 9 |
| Shepherd Elementary School | 4 miles | PK-05 | 8 |
| Langtree Charter Academy | 4 miles | KG-06 | 9 |
| Coddle Creek Elementary School | 4 miles | PK-05 | 9 |
| Sherrills Ford Elementary | 6 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.
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 |
| 138 Gresham Lane, Mooresville NC | 0 mi | $589,900 | days | |
| 187 Water Oak Drive, Mooresville NC | 0 mi | $449,900 | days | |
| 186 Gresham Lane, Mooresville NC | 0.2 mi | $390,000 | days | |
| 151 Morehouse Avenue, Mooresville NC | 0.2 mi | $459,000 | days | |
| 136 Morehouse Avenue, Mooresville NC | 0.2 mi | $399,900 | days | |
| 132 Morehouse Avenue, Mooresville NC | 0.2 mi | $360,000 | 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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
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 Hendrix Properties
138 Gresham Lane, Mooresville NC is a 1447 ft2 on a 0.140 acres lot. This is for $589,900. This has 4 bedrooms, 3 baths, and was built in 2004.
Based on information submitted to the MLS GRID as of 2025-11-24 12:50:18 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.