388 Ponderosa Circle, Mooresville NC

  • 3 Bed
  • 3 Bath
  • 1773 ft2
  • 0.5 ac

For Sale $1,899,000

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Remarks:

Experience breathtaking sunsets and serene waterfront living in this beautifully renovated Lake Norman retreat, ideally situated just around the bend from the main channel. This exceptional property offers the rare advantage of no HOA and permits short-term rentals, making it perfect as a primary residence, vacation home, or investment opportunity. The home has been completely renovated and features a stunning chef’s kitchen equipped with premium Wolf appliances, along with a luxurious primary suite showcasing a spa-inspired bath. Two additional bedrooms, a full bath, and a half bath complete the main level. The finished basement serves as a fully functional second living quarters, offering a second kitchen with bar seating, a spacious living area, a bedroom, a full bath, and ample storage—ideal for guests, multi-generational living, or rental income potential. Enjoy effortless lake access with your own private floating dock and private boat ramp. Outdoor living is exceptional, featuring a screened porch, an upper-level deck, and underdecking that creates a covered walkout patio below—perfect for relaxing or entertaining year-round. An in-ground irrigation system adds convenience and ease of maintenance. Conveniently located near I-77 and just minutes from dining and shopping, this home offers luxury, flexibility, and the ultimate Lake Norman lifestyle.

Exterior Features:

In-Ground Irrigation

Interior Features:

Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s)

General Information:

List Price: $1,899,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 1773 sqft
Parking: Driveway, Attached Garage, Garage Faces Side
MLS Number: CAR4418212
Subdivision: Lake Norman Bonanza
Bathrooms: 3
Lot Description: Views, Waterfront
Year Built: 1998
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Coddle Creek
Middle: Brawley
High: Lake Norman

Price & Sales History

Date Event Price $/SQFT
08-28-2026 Listed $1,899,000 $1,072
12-12-2025 Price Decrease $799,000-1.96% $451
11-18-2025 Listed $815,000 $460

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Langtree Charter Academy 1 miles KG-06 9
Lake Norman Elementary School 2 miles PK-05 9
Community School of Davidson 4 miles KG-06 10
Lakeshore Elementary School 4 miles PK-05 8
Coddle Creek Elementary School 4 miles PK-05 9
Davidson Elementary 5 miles KG-05 10

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
388 Ponderosa Circle, Mooresville NC 0 mi $1,899,000 days
393 Ponderosa Circle, Mooresville NC 0.1 mi $745,000 days
160 Malibu Road, Mooresville NC 0.2 mi $2,699,000 days
107 Monterey Drive, Mooresville NC 0.2 mi $489,900 days
170 Malibu Road, Mooresville NC 0.2 mi $1,299,999 days
250 Ponderosa Circle, Mooresville NC 0.2 mi $1,335,000 days
1 to 6 of 46 Result

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

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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.

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    Property Listing Information

    A Courtesy Listing Provided By EXP Realty LLC Mooresville

    388 Ponderosa Circle, Mooresville NC is a 1773 ft2 on a 0.520 acres lot. This is for $1,899,000. This has 3 bedrooms, 3 baths, and was built in 1998.

    Based on information submitted to the MLS GRID as of 2026-08-28 06:21:30 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.