For Sale $974,900
Rare Lake Norman waterfront opportunity with no HOA! Welcome to The Cottage on Osprey Cove, a beautifully renovated 2-BR, 1-BA retreat offering 150 ft of prime shoreline and a spectacular year-round, 1-mile water view. Situated on a beautiful lot on Kiser Island, this move-in-ready cottage blends 1966 classic charm with modern updates, featuring pristine hardwood floors, a 5-year-old roof & HVAC, and stunning sunrises from the living room and primary bedroom. The ultimate outdoor lifestyle awaits on the expansive screened porch and open grilling deck. Boaters will love the 30 ft floating dock with boat slip, water, and power—offering deep, year-round water even at lowest lake levels. The property features exceptional expansion potential. lake-fed irrigation, 360-degree security, and ample parking for an RV/boat trailer. Enjoy quiet, peaceful living but also only minutes from dining, shopping, and top-rated schools.
| List Price: | $974,900 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 805 sqft |
| Parking: | Driveway, RV Access/Parking |
| MLS Number: | CAR4393376 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Waterfront |
| Year Built: | 1966 |
| Sewer Type: | Septic Installed |
| Elementary: | Sherrills Ford |
| Middle: | Mills Creek |
| High: | Bandys |
| Date | Event | Price | $/SQFT |
| 08-12-2026 | Price Decrease | $974,900-2.02% | $1,212 |
| 06-24-2026 | Listed | $995,000 | $1,237 |
| 10-29-2025 | Price Decrease | $1,198,000-4.16% | $1,489 |
| 08-21-2025 | Listed | $1,250,000 | $1,553 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lake Norman Elementary School | 4 miles | PK-05 | 9 |
| Sherrills Ford Elementary | 4 miles | KG-06 | 9 |
| Rock Springs Elementary | 4 miles | PK-05 | 9 |
| Lakeshore Elementary School | 5 miles | PK-05 | 8 |
| Lincoln Charter School | 6 miles | KG-06 | 10 |
| Langtree Charter Academy | 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.
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 |
| 4580 Kiser Island Road, Terrell NC | 0 mi | $974,900 | days | |
| 8535 Sylvan Drive, Terrell NC | 0.1 mi | $1,499,000 | days | |
| 4496 Kiser Island Road, Terrell NC | 0.1 mi | $1,999,500 | days | |
| 8445 Timberlake Lane, Terrell NC | 0.4 mi | $1,250,000 | days | |
| 8527 Fieldstone Drive, Terrell NC | 0.4 mi | $1,399,000 | days | |
| 4848 Kiser Island Road, Terrell NC | 0.5 mi | $975,000 | 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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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.
A Courtesy Listing Provided By Lake Life Realty
4580 Kiser Island Road, Terrell NC is a 805 ft2 on a 0.490 acres lot. This is for $974,900. This has 2 bedrooms, 1 baths, and was built in 1966.
Based on information submitted to the MLS GRID as of 2026-06-24 11:15:30 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.
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