188 Sagemore Road, Mooresville NC
- 4 Bed
- 6 Bath
- 1950 ft2
- 0.7 ac
For Sale $2,295,000
Remarks:
A Rare Opportunity to Own a Fully Reimagined Lake Norman Waterfront Compound! Completely transformed to meet today's lifestyle, this exceptional Lake Norman property offers the perfect blend of luxury, flexibility, and income potential on approximately 165 feet of spectacular waterfront. The thoughtfully designed Multi-Generational Suite and separate Airbnb were completed in 2021, creating exceptional flexibility for extended family, guests, or private living quarters. The Airbnb has since become the highly rated "Tranquility Cove," an established 5-Star VRBO loved by guests for its peaceful lakefront setting and outstanding accommodations. In 2026, the original residence underwent an extensive renovation, beautifully blending modern finishes with timeless Modern Farmhouse design. The result is a home that lives like new while maintaining the character and charm of its exceptional Lake Norman setting. Altogether, the property offers three kitchens, three spacious living areas, four full bathrooms, two half bathrooms, two fireplaces, and a three-car garage, making it ideal for large families, multi-generational living, entertaining, or those seeking flexible living arrangements. Outside, the experience continues with expansive Trex decking, an incredible backyard, approximately 165 feet of shoreline, a private dock with electricity, lighting, and boat lift, plus a sandy beach and kayak launch, creating your own private waterfront retreat. Whether you're looking for a luxury primary residence, a family compound, a weekend getaway, or a home with established income potential, opportunities like this are incredibly rare on Lake Norman. PROPERTY HIGHLIGHTS • Extensive renovation of the original home completed in 2026 • Multi-Generational Suite completed in 2021 • Separate Accessory Dwelling Unit completed in 2021 • Established 5-Star VRBO, "Tranquility Cove" • Approximately 165 feet of waterfront • Three kitchens • Three living areas • Four full bathrooms and two half bathrooms • Two fireplaces • Three-car garage • Private dock with electricity, lighting, and boat lift • Sandy beach and kayak launch • Expansive Trex decking and beautifully designed outdoor living spaces This isn't simply another waterfront home. It's a fully reimagined Lake Norman property offering luxury living, remarkable flexibility, and endless possibilities. Don’t miss seeing the property!
Exterior Features:
Elevator, Fire Pit, Dock - Floating, In-Ground Irrigation, Storage
Interior Features:
Built-in Features, Cable Prewire, Elevator, Open Floorplan, Pantry
General Information:
| List Price: | $2,295,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1950 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4412341 |
| Subdivision: | None |
| Style: | Farmhouse |
| Bathrooms: | 6 |
| Lot Description: | Waterfront |
| Year Built: | 1967 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Lakeshore |
| Middle: | Lakeshore |
| High: | Lake Norman |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-28-2026 | Price Decrease | $2,295,000-8.02% | $1,177 |
| 08-13-2026 | Listed | $2,495,000 | $1,280 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lakeshore Elementary School | 1 miles | PK-05 | 8 |
| Lake Norman Elementary School | 3 miles | PK-05 | 9 |
| Shepherd Elementary School | 3 miles | PK-05 | 8 |
| Coddle Creek Elementary School | 5 miles | PK-05 | 9 |
| Troutman Elementary School | 5 miles | PK-05 | 5 |
| 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.
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 |
| 188 Sagemore Road, Mooresville NC | 0 mi | $2,295,000 | days | |
| 161 Sagemore Road, Mooresville NC | 0.1 mi | $850,000 | days | |
| 931 Cornelius Road, Mooresville NC | 0.1 mi | $1,195,000 | days | |
| 902 Cornelius Road, Mooresville NC | 0.2 mi | $499,000 | days | |
| 145 Morgan Bluff Road, Mooresville NC | 0.2 mi | $815,000 | days | |
| 134 Mills Valley Drive, Mooresville NC | 0.2 mi | $349,900 | 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 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.
Property Listing Information
A Courtesy Listing Provided By EXP Realty LLC Mooresville
188 Sagemore Road, Mooresville NC is a 1950 ft2 on a 0.720 acres lot. This is for $2,295,000. This has 4 bedrooms, 6 baths, and was built in 1967.
Based on information submitted to the MLS GRID as of 2026-08-13 12:20:07 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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