Welcome to 178 Penicillin Point, where life slows down and lake memories are waiting to be made. Whether you're looking for a classic lake getaway to enjoy just as it is, a vacation rental opportunity, or the perfect waterfront lot to build your dream home, this property offers endless possibilities. Built in 1973, this waterfront home captures the feeling of simpler days on Lake Norman. Situated on a 0.66-acre lot with more than 200 feet of shoreline, NO HOA, and low Iredell County ONLY taxes, this is a rare opportunity to own a special piece of the lake.
Inside, you'll find a spacious great room with vaulted wood ceilings, walls of windows overlooking the water, and an open layout designed for gathering with family and friends. The home's original character has been preserved, giving it the nostalgic charm of a classic lake cottage.
Step outside and enjoy the gently sloping yard, covered 24' x 24' dock, sandy shoreline, and large deep-water cove with beautiful open water views. Spend the afternoon on the deck, swim or fish from the dock, head out for a day on the lake, or simply relax and watch the sunset.
The finished lower level provides additional living space for guests, hobbies, or game nights after a day on the water. A new roof was installed in 2023, and the 28' x 18' boathouse provides plenty of additional storage.
Opportunities to own waterfront property with this combination of location, views, and potential don't come along often. Conveniently located to I-77, Troutman, and Mooresville.
Property Details
- Cooling
- Ceiling Fan(s), Heat Pump
- Heating
- Heat Pump
- Cooling Features
- Ceiling Fan(s), Heat Pump
- Bedrooms
- 3
- Bathrooms
- 2.0
- Full Baths
- 2
- View
- Water
- Lot Features
- Open Lot, Sloped, Views, Waterfront
- Stories
- 1
- Lot Description
- Open Lot, Sloped, Views, Waterfront
- Exterior Materials
- Dock - Floating
- Acres
- 0.0
- Square Feet
- 2158.0
- Lot Size (sqft)
- 0.66
- Parking Features
- Driveway
- Parking Type
- Driveway
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Daylight, Walk-Out Access, Walk-Up Access
- Year Built
- 1973
- Foundation
- Basement
- Roof
- Architectural Shingle
- Sewer Information
- Septic Installed
- Utility Source
- Well
- Appliances
- Dishwasher, Oven, Refrigerator
- Elementary School
- Troutman
- Middle School
- Troutman
- High School
- South Iredell
- County
- Iredell
- Region
- Troutman
- Original List Price
- $1,000,000
- Days on Market (Cumulative)
- 39
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-07-23T23:41:06Z. 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.
Provided By
Listed by Marin Tomlin (#CARR12755)
Listing Office: Howard Hanna Allen Tate Statesville (#CAR810041)
