For Sale $255,000
Modern Farmhouse Cottage Home in Lake Norman Area on a level 1 acre of property. Quartz Kitchen countertop and stainless steel appliances. Free standing soaking tub and a tiled shower with glass door. 2025 HVAC, 2025 Roof, 2025 Well package and Pump w/ 3year warranty. The land value alone makes this a great asset. Beautiful New Residential DR Horton subdivision being constructed next door. Great location close to Stumpy Creek Park (boat launch and Park on Lake Norman), Cornelius Road Park (Tennis courts, soccer fields and walking trails. Tons of shopping and restaurants on Route 150 and Downtown Mooresville and much more. Easy access to I-77, exit 36 and 42. Low Taxes and No HOA! Great move in ready ranch home, vacation rental or long term rental
Storage
| List Price: | $255,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 832 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4410534 |
| Subdivision: | none |
| Style: | Farmhouse, Modern |
| Bathrooms: | 1 |
| Year Built: | 1962 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 08-13-2026 | Listed | $255,000 | $307 |
| 01-20-2026 | Price Increase | $293,550+1.40% | $353 |
| 12-31-2025 | Price Decrease | $289,500-3.18% | $348 |
| 12-10-2025 | Price Decrease | $299,000-3.23% | $360 |
| 12-05-2025 | Price Decrease | $308,990-4.33% | $372 |
| 10-28-2025 | Listed | $322,990 | $389 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Shepherd Elementary School | 1 miles | PK-05 | 8 |
| Coddle Creek Elementary School | 3 miles | PK-05 | 9 |
| Lakeshore Elementary School | 3 miles | PK-05 | 8 |
| Lake Norman Elementary School | 5 miles | PK-05 | 9 |
| Langtree Charter Academy | 6 miles | KG-06 | 9 |
| Troutman Elementary School | 6 miles | PK-05 | 5 |
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 |
| 188 Bailey Road, Mooresville NC | 0 mi | $255,000 | days | |
| 2060 Charlotte Highway, Mooresville NC | 0.3 mi | $400,000 | days | |
| 138 Glory Road, Mooresville NC | 0.5 mi | $99,900 | days | |
| 126 Waterfall Valley Way, Mooresville NC | 0.5 mi | $412,090 | days | |
| Waterfall Valley Way, Mooresville NC | 0.5 mi | $430,090 | days | |
| 2068 Statesville Highway, Mooresville NC | 0.5 mi | $429,999 | 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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By FK and Associates Real Estate Firm
188 Bailey Road, Mooresville NC is a 832 ft2 on a 1.000 acres Appraisal lot. This is for $255,000. This has 2 bedrooms, 1 baths, and was built in 1962.
Based on information submitted to the MLS GRID as of 2026-08-13 01:07:03 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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