Open House 11/8 1pm - 3pm
388 Ponderosa Circle
Mooresville, NC, 28117 $ 1,859,000
Bedrooms3 Baths2.1 Sq 3,560 Monthly Estimate*
$ 12,840
for $1,859,000 with 3 bedrooms and 2 full baths, 1 half bath. This 3,560 square foot home was built in 1998 on a lot size of 0.52.
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.
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Open House
11/8/2026 1:00 PM - 3:00 PM
388 Ponderosa Circle Mooresville, NC
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 3560
Sewer Septic Installed
Heating Heat Pump
Cooling Ceiling Fan(s) Central Air
Appliances Dishwasher Exhaust Hood Gas Range
Development Status Completed
Garage Spaces 2
Patio/Porch Features Deck
Construction Materials Brick Full
Exclusions Jet ski lifts
Year Built 1998
View Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 4646-32-2835.000
Waterfront Features Boat Ramp Dock
County Iredell
New Construction N
Property Type Residential
HOA N
Subdivision Name Lake Norman Bonanza
Garage Y/N Y
Full Baths 2
High School Lake Norman
City Mooresville
Body of Water Lake Norman
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Coddle Creek
Middle/Junior High School Brawley
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 730210
Listing Terms Cash Conventional
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InteriorInterior Amenities Kitchen Island Open Floorplan Split Bedroom Walk-In Closet(s)
Basement Basement Shop Exterior Entry Finished Interior Entry Storage Space Walk-Out Access
Flooring Carpet Tile Vinyl Wood
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 1773
Half Baths 1
Laundry Features Inside Laundry Room Main Level
Total Bedrooms 3
Below Grade Finished Area 1787
Total Baths 3
SqFt Main 1773
SqFt Lower 0
SqFt Garage 447
SqFt Upper 0
Bedroom 3
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ExteriorExterior Amenities In-Ground Irrigation
Parking Features Driveway Attached Garage Garage Faces Side
Lot Features Views Waterfront
Water Source Well
Lot Size Area 0.52
Foundation Details Basement
Road Surface Type Concrete Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN Y
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* Excluded FeaturesList ByExp Realty Llc MooresvilleBroker
Affordability Calculator
- Monthly Principal & Interest
- $12,840
- 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.
Learn more about how to save NearbySingle family listings in Mooresville, NC
Average List Price $1,086,486
Percent of Sale Price 42%
About Mooresville, NC 41,206 Population
90% Since 2002
$ 63,464 Median Income
37.34 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
293908 Elementary School
2643033 Middle School
Lake Norman High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/25/2026 | $1,859,000 | -2.11% | Price Down |
| 8/26/2026 | $1,899,000 | | Listed Price |