This exceptional Lake Norman waterfront investment property in Troutman, NC offers a rare opportunity to own a proven income-producing short-term rental with no HOA restrictions and the ability to continue operating as a vacation rental. With 4 bedrooms, 5 full baths, 1 half bath, and over 7,000 square feet, there is ample room for large groups and multiple families to gather while still enjoying privacy and space. In addition to the four bedrooms, the home features multiple flex rooms currently utilized as additional sleeping areas, allowing the property to comfortably accommodate up to 20 guests.
Designed with entertaining and guest comfort in mind, the home features two full kitchens, multiple living and recreation areas, and expansive gathering spaces throughout. A covered boat slip conveys with the property, providing direct access to Lake Norman, while nearby boat rental options allow guests to easily enjoy the water. Outdoor amenities include a lakeside firepit area, paddleboard and canoe storage, and plenty of room to relax and take in the waterfront setting.
Offered fully furnished and turnkey, the sale includes all furniture, bed and bath linens, kitchen appliances, cookware, utensils, and entertainment amenities including a foosball table, pool table, and ping pong table. Future scheduled tenant bookings will convey with the property, allowing the next owner to step into immediate rental income.
The home has been well maintained and includes numerous updates: five HVAC systems, with one AC unit replaced in July 2024 and a heat pump replaced in June 2023; septic pumped in August 2025; well replaced in 2020 (per previous owner); new well tank July 2026; water heater replaced in 2020 (per previous seller); and two mattresses replaced in 2025. The roof is approximately 2010 (per previous owner).
Situated on approximately 0.8 acres, this unique Lake Norman property combines waterfront recreation, strong investment potential, and relaxed lake living. Whether you're seeking a vacation rental business, a second home, or a private retreat with room for everyone, this property delivers a rare blend of lifestyle and income opportunity.
Property Details
- Interior
- Garden Tub, Kitchen Island, Walk-In Closet(s)
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Electric, Natural Gas
- Cooling Features
- Ceiling Fan(s), Central Air
- Bedrooms
- 4
- Bathrooms
- 5.5
- Full Baths
- 5
- Half Baths
- 1
- View
- Water
- Lot Features
- Waterfront
- Stories
- One and One Half
- Lot Description
- Waterfront
- Acres
- 0.0
- Square Feet
- 7624.0
- Lot Size (sqft)
- 0.8
- Parking Features
- Driveway, Attached Garage
- Parking
- 1
- Parking Spaces
- 2
- Parking Type
- Driveway
- Parking Garage Spaces
- 2.0
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Finished, Interior Entry, Storage Space, Walk-Out Access
- Basement Finished
- 1
- Year Built
- 1985
- Foundation
- Basement
- Roof
- Architectural Shingle
- Sewer Information
- Septic Installed
- Utility Source
- Well
- Utility Features
- Electricity Connected, Natural Gas
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator with Ice Maker, Washer/Dryer
- Subdivision
- Crescent Land & Timber
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- County
- Iredell
- Region
- Troutman
- Original List Price
- $2,100,000
- Days on Market (Cumulative)
- 107
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-08-27T18:00:06Z. 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 Renee Hornor (#CAR45366)
Listing Office: Premier South (#CAR11323)
