120 Shady Cove Road Troutman, NC $ 1,600,000
120 Shady Cove Road
$ 1,600,000
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120 Shady Cove Road

Troutman, NC, 28166
$ 1,600,000
Bedrooms4 Baths5.0 Sq 3,363

Monthly Estimate*

$ 11,051

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Single Family Home for sale in Troutman, NC

for $1,600,000 with 4 bedrooms and 5 full baths. This 3,363 square foot home was built in 1966 on a lot size of 0.985.

Enjoy the best of lake living in this beautifully designed waterfront home on Lake Norman, where thoughtful layout, expansive views, and exceptional outdoor amenities come together. The main level features a desirable split-bedroom design with a spacious primary suite and two additional bedrooms, each with its own ensuite bath and serene lake views. A light-filled living room with gas log fireplace opens to the well-appointed kitchen, complete with granite countertops, gray subway tile backsplash, custom cabinetry with pullout drawers, built-in pantry, wall oven and microwave, and smooth-top electric cooktop, all complemented by a casual breakfast area overlooking the water. A formal dining room with French doors, lake views, and flexible use potential adds even more versatility. The primary suite offers a generous walk-in closet and an accessible bath with easy-entry shower, bench, and grab bars. The lower level provides a fully equipped second living quarters with its own kitchen, living room, bedroom with ensuite bath and walk-in closet, laundry, and private access, ideal for extended stays or multi-purpose living. Additional spaces include a large workshop with full bath and a separate storage area with garage-style access, perfect for hobbies or lake gear. Outdoor living is truly exceptional, with a screened porch, covered patio, and an expansive wraparound deck designed to capture breathtaking views. The shoreline is enhanced by a long boardwalk, rare private boat ramp, and an impressive pier with gazebo leading to a stationary dock and two floating docks, including a covered slip with lift. Parking is abundant with an oversized side-load three-car garage, lower-level two-car carport, and circular drive. With no HOA and flexible-use potential, this property offers a unique opportunity to enjoy, share, or invest in a remarkable lakefront setting, all supported by thoughtful upgrades including a whole-house generator, water filtration system, multiple water heaters, and well-maintained mechanical systems. Home comes with 1-year warranty for peace of mind!

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Single Family Active

Price

$ 1,600,000

Bedrooms

4

Full Bath

5

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

0.985

Year Built

1966

Town/City

Troutman

County/Region

Iredell

MLS | Web ID

4377254

Features
General
Living Area 3363
Sewer Septic Installed
Heating Electric Heat Pump Propane
Cooling Ceiling Fan(s) Central Air
Roof Composition
Appliances Bar Fridge Dishwasher Electric Cooktop Electric Oven Electric Range Electric Water Heater Exhaust Hood Microwave Self Cleaning Oven Wall Oven
Zoning R-20
Garage Spaces 3
Patio/Porch Features Covered Deck Patio Screened Side Porch Wrap Around
Architectural Style Ranch
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick Full
Year Built 1966
View Long Range Water Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 4730-72-5042.000
Waterfront Features Boat Lift Boat Ramp Covered structure Dock Paddlesport Launch Site Pier
Community Features None
Accessibility Bath Grab Bars Roll-In Shower Zero-Grade Entry
County Iredell
New Construction N
Property Type Residential
HOA N
Subdivision Name Shady Cove
Garage Y/N Y
Full Baths 5
High School South Iredell
City Troutman
Body of Water Lake Norman
Senior Community Y/N N
Lot Size Units Acres
Carport Spaces 2
Carport Y/N Y
Elementary School Troutman
Middle/Junior High School Troutman
Additional Parcels Y/N N
Virtual Tour https://youtu.be/SeNlswuxhbY https://youtu.be/SeNlswuxhbY
Standard Status Active
Construction Type Site Built
Tax Assessed Value 747760
Listing Terms Cash Conventional
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Interior
Interior Amenities Attic Stairs Pulldown Open Floorplan Pantry Storage Walk-In Closet(s)
Basement Apartment Basement Garage Door Basement Shop Exterior Entry Full Interior Entry Partially Finished Storage Space
Flooring Tile Vinyl Wood
Fireplace Features Gas Log Living Room Propane Other - See Remarks
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 2413
Half Baths 0
Laundry Features Electric Dryer Hookup In Basement Laundry Closet Laundry Room Main Level Multiple Locations Sink Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 950
Total Baths 5
SqFt Main 2413
SqFt Lower 0
SqFt Garage 1027
SqFt Upper 0
Bedroom 3
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Exterior
Exterior Amenities Dock - Floating
Parking Features Attached Carport Circular Driveway Driveway Attached Garage Garage Door Opener Garage Faces Side
Lot Features Cleared Rolling Slope Wooded Views Waterfront
Water Source Well
Lot Size Area 0.985
Foundation Details Basement
Lot Dimensions 167x259x178x238
Road Surface Type Asphalt Concrete Paved
Other Parking 3-car garage on main level drive around to the 2-car carport at the basement level (parking for second living quarters) plus parking pad at top of circular driveway.
Covered Spaces 5
Other Equipment Fuel Tank - Owned Generator
Road Responsibility Publicly Maintained Road
Main Level Garage YN Y
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Keller Williams Unified

Broker

Affordability Calculator

$11,051
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,051
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
293866 Elementary School
294168 Middle School
South Iredell High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2026$1,600,000 Listed Price

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120 Shady Cove Road, Troutman, NC, 28166 is a Single Family Home for sale at $1,600,000 with 3,363 sqft and a lot size of 0.985. 120 Shady Cove Road has 4 bedrooms, 5.0 baths, and was built in 1966. The property's zip code is 28166 which is in Troutman, NC