219 Penicillin Point, Troutman NC
- 2 Bed
- 4 Bath
- 1527 ft2
- 0.5 ac
For Sale $1,935,000
Remarks:
Wake up every morning to lake views and end every evenings around the firepit. Perfectly positioned on the shores of Lake Norman, this updated waterfront home offers the rare combination of luxury, comfort, and proven investment potential. Currently operating as a successful vacation rental (over 180K per year), this property has been thoughtfully updated inside and out, making it equally suited as a full-time residence, weekend retreat, or income-producing investment. This home also comes fully furnished to continue as an investment or vacation home. Recent improvements include a beautifully renovated interior, freshly painted exterior, a brand-new dock, and an expansive screened porch designed for year-round enjoyment. With five spacious sleeping areas, every guest wakes up to breathtaking water views. Whether you're hosting large family gatherings or maximizing rental income, the layout was designed to bring everyone together while still providing plenty of privacy. One of the home's most unforgettable features is the incredible crow's nest, where panoramic 365-degree views stretch across Lake Norman and the surrounding landscape. It's an inspiring space for a home office, fitness room, art studio, reading retreat, or simply a quiet place to enjoy your morning coffee above the treetops. Designed for effortless indoor-outdoor living, the home offers multiple lakeside decks, an oversized screened porch with soaring wood ceilings, generous outdoor entertaining areas, and an inviting firepit just steps from the water. Spend your days boating, paddleboarding, swimming, or simply relaxing while taking in some of the best waterfront scenery Lake Norman has to offer. Homes has 4 BRS but septic permit has 2.
Exterior Features:
Above Ground Hot Tub / Spa, Elevator, Fire Pit, Dock - Floating, Hot Tub, In-Ground Irrigation
Interior Features:
Breakfast Bar, Cable Prewire, Central Vacuum, Drop Zone, Elevator, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar
General Information:
| List Price: | $1,935,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1527 sqft |
| Parking: | Attached Garage, Garage Door Opener, Keypad Entry |
| MLS Number: | CAR4404906 |
| Subdivision: | Lakeview Acres |
| Bathrooms: | 4 |
| Lot Description: | Cul-De-Sac, Waterfront |
| Year Built: | 1967 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Troutman |
| Middle: | Troutman |
| High: | South Iredell |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-13-2026 | Listed | $1,935,000 | $1,268 |
| 12-12-2025 | Under Contract | $390,000 | $256 |
| 12-09-2025 | Price Decrease | $390,000-2.50% | $256 |
| 11-28-2025 | Price Decrease | $400,000-3.61% | $262 |
| 11-19-2025 | Price Decrease | $415,000-2.35% | $272 |
| 11-01-2025 | Listed | $425,000 | $279 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lakeshore Elementary School | 3 miles | PK-05 | 8 |
| Sherrills Ford Elementary | 3 miles | KG-06 | 9 |
| Lake Norman Elementary School | 4 miles | PK-05 | 9 |
| Troutman Elementary School | 5 miles | PK-05 | 5 |
| Shepherd Elementary School | 6 miles | PK-05 | 8 |
| Langtree Charter Academy | 7 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 |
| 219 Penicillin Point, Troutman NC | 0 mi | $1,935,000 | days | |
| 178 Penicillin Point, Troutman NC | 0.2 mi | $975,000 | days | |
| 113 Tinker Place, Troutman NC | 0.3 mi | $2,100,000 | days | |
| 127 Tinker Place, Troutman NC | 0.4 mi | $5,700,000 | days | |
| 117 Penicillin Point, Troutman NC | 0.4 mi | $549,900 | days | |
| 111 Theron Place, Troutman NC | 0.4 mi | $1,395,000 | 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
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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 28166
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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 J Meeks + Co
219 Penicillin Point, Troutman NC is a 1527 ft2 on a 0.460 acres lot. This is for $1,935,000. This has 2 bedrooms, 4 baths, and was built in 1967.
Based on information submitted to the MLS GRID as of 2026-08-13 15:38:32 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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