20428 Island Forest Drive, Cornelius NC
- 5 Bed
- 4 Bath
- 2425 ft2
- 0.9 ac
For Sale $3,295,000
Remarks:
Rare Waterfront Luxury on Lake Norman. Extraordinary opportunity to own an award-winning Cornelius lakefront home offering 99 ft pristine lakefront, stunning water views and unmatched craftsmanship. Every inch of this 5,612 sq.ft. (all above grade) was meticulously designed for luxury and livability. Enjoy a library/billiard room, exercise room & sauna, wine cellar, main-level primary suite, elevator, gourmet kitchen with fossil inlay, media room, and a 3-car garage w/ abundant storage. Style continues with a 3rd-floor studio with panoramic views, 2 indoor fireplaces & 3 upper balconies with fireplace. Resort-style outdoor kitchen, firepit, massive patio, entertaining space & covered dock. Impervious exempt lot allows for potential pool within setbacks. Smart functionality abounds w/ an in-ground irrigation system, whole-home automation, blackout shades, blinds that adjust with the sun, tankless water heater, central vac, generator, heated primary bathroom floor, Sonos audio wi/ room-by-room controls, oasis landscaping & more! Offers private deeded dock AND neighborhood community dock! Lush, professionally landscaped grounds complete this private oasis with both a deeded dock and community dock access—an unparalleled combination on Lake Norman. Tranquil and timeless, this estate radiates elegance from the moment you arrive.
Exterior Features:
Fire Pit, Dock - Floating, In-Ground Irrigation, Outdoor Kitchen
Interior Features:
Attic Walk In, Built-in Features, Central Vacuum, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Sauna, Storage, Walk-In Closet(s), Walk-In Pantry
General Information:
| List Price: | $3,295,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2425 sqft |
| Parking: | Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Garage Shop, Keypad Entry |
| MLS Number: | CAR4243921 |
| Subdivision: | Island Forest |
| Bathrooms: | 4 |
| Lot Description: | Orchard(s), Level, Wooded, Views, Waterfront |
| Year Built: | 1996 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Cornelius |
| Middle: | Bailey |
| High: | William Amos Hough |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-12-2025 | Under Contract | $3,295,000 | $1,359 |
| 11-03-2025 | Price Decrease | $3,295,000-17.52% | $1,359 |
| 09-06-2025 | Price Decrease | $3,995,000-4.40% | $1,648 |
| 07-14-2025 | Price Decrease | $4,179,000-4.91% | $1,724 |
| 05-13-2025 | Listed | $4,395,000 | $1,813 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Cornelius Elementary | 3 miles | KG-05 | 8 |
| J.V. Washam Elementary | 3 miles | KG-05 | 8 |
| Community School of Davidson | 3 miles | KG-06 | 10 |
| Davidson Elementary | 3 miles | KG-05 | 10 |
| Langtree Charter Academy | 4 miles | KG-06 | 9 |
| Thunderbird Preparatory School | 5 miles | KG-05 | 6 |
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 |
| 20428 Island Forest Drive, Cornelius NC | 0 mi | $3,295,000 | days | |
| 20509 Island Forest Drive, Cornelius NC | 0.1 mi | $2,399,000 | days | |
| 20601 Island Forest Drive, Cornelius NC | 0.1 mi | $3,425,000 | days | |
| 20637 Island Forest Drive, Cornelius NC | 0.2 mi | $3,175,000 | days | |
| 21400 Bethel Church Road, Cornelius NC | 0.2 mi | $3,450,000 | days | |
| 20310 Havenview Drive, Cornelius NC | 0.2 mi | $3,880,000 | 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
Powered by Google Maps
Mortgage Calculator
$
%
%
| 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 |
Demographic Data For Zip 28031
|
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.
Property Listing Information
A Courtesy Listing Provided By J. Lyn Signature Properties Inc.
20428 Island Forest Drive, Cornelius NC is a 2425 ft2 on a 0.920 acres lot. This is for $3,295,000. This has 5 bedrooms, 4 baths, and was built in 1996.
Based on information submitted to the MLS GRID as of 2025-05-13 09:25:05 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.
Share
