The original 1.76-acre lot was divided into two lots in 2023. Lot 1, the property in question, is 0.715 acres, while Lot 2 (MLS #4143425) is 1.046 acres. Both lots will share a permit for two-slip dock. However, if Lot 2 sells first and the buyer does not want to share the dock, Lot 1 will not have access to the dock, and both lot prices will be adjusted accordingly. The land slopes down from Lot 2 to Lot 1. The owner will level both lots to street level, giving Lot 1 a better water view of the cove. This grading will be done after a percolation test by the buyer or the cost will be escrowed at closing. The current owner retained a licensed soil scientist who documented that each lot should be suitable for a three-bedroom home. Location is easily accessible from Mooresville and Troutman NC
MLS# | 4143403 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Suite Number | 1 |
Sub-Type | Resale |
Status | Active |
Days On Site | 138 |
Listing Provided By | Lake Realty | Frank Free |
Zoning | RA |
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Acreage | 0.72 |
Water Front | Yes |
Property View | Water |
State | NC |
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County | Iredell |
City | Troutman |
Zip Code | 28166 |
Area | Iredell |
School District | Unspecified |
Elementary School | Unspecified |
Middle School | Unspecified |
High School | Unspecified |
Listing VS Median (in 28166) | |
Price: $325,000 low | high Med: $405,000 On Site: 138 low | high Med: 42.000000 |