178 Penicillin Point Troutman, NC $ 975,000
178 Penicillin Point
$ 975,000
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178 Penicillin Point

Troutman, NC, 28166
$ 975,000
Bedrooms3 Baths2.0 Sq 2,158

Monthly Estimate*

$ 6,734

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Single Family Home for sale in Troutman, NC

for $975,000 with 3 bedrooms and 2 full baths. This 2,158 square foot home was built in 1973 on a lot size of 0.66.

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.

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Single Family Contingent

Price

$ 975,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.66

Year Built

1973

Town/City

Troutman

County/Region

Iredell

MLS | Web ID

4405820

Features
General
Living Area 2158
Sewer Septic Installed
Heating Heat Pump
Cooling Ceiling Fan(s) Heat Pump
Roof Architectural Shingle
Appliances Dishwasher Oven Refrigerator
Patio/Porch Features Covered Deck
Construction Materials Wood
Year Built 1973
View Water
Levels One
Property Subtype Single Family Residence
Parcel Number 4629-61-0367.000
Waterfront Features Boat House Covered structure Dock
County Iredell
New Construction N
Property Type Residential
HOA N
Subdivision Name None
Garage Y/N N
Other Structures Other - See Remarks
Full Baths 2
Directions 77 N from Charlotte Exit 36 turn left on River Hwy Right on Perth Rd Left on State Park Rd Left on Morrison Farm. Right on Penicillin Point 0.3 miles house on right. From Troutman Perth Rd. to Righ
High School South Iredell
City Troutman
Body of Water Lake Norman
Senior Community Y/N N
Open Parking Spaces 6
Lot Size Units Acres
Carport Y/N N
Elementary School Troutman
Middle/Junior High School Troutman
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/49c26c43-ea2c-4182-9b39-3d37dc0b0499?initialViewType=pano https://www.zillow.com/view-imx/49c26c43-ea2c-4182-9b39-3d37dc0b0499?initialViewType=pano
Standard Status Active Under Contract
Construction Type Site Built
Tax Assessed Value 630770
Listing Terms Cash Conventional
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Interior
Basement Daylight Walk-Out Access Walk-Up Access
Flooring Vinyl
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 1281
Half Baths 0
Laundry Features In Basement In Hall
Total Bedrooms 3
Below Grade Finished Area 877
Total Baths 2
SqFt Main 1281
SqFt Lower 0
SqFt Upper 0
Bedroom 2
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Exterior
Exterior Amenities Dock - Floating
Parking Features Driveway
Lot Features Open Lot Sloped Views Waterfront
Water Source Well
Lot Size Area 0.66
Foundation Details Basement
Lot Dimensions 226' WF x 156' x 102' RF x 261'
Road Surface Type Dirt Gravel Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 178
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* Excluded Features
List By
Howard Hanna Allen Tate Statesville

Broker

Affordability Calculator

$6,734
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Monthly Principal & Interest
$6,734
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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
8/20/2026$975,000 -2.50% Price Down
7/24/2026$1,000,000 Listed Price

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178 Penicillin Point, Troutman, NC, 28166 is a Single Family Home for sale at $975,000 with 2,158 sqft and a lot size of 0.66. 178 Penicillin Point has 3 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 28166 which is in Troutman, NC