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$2,900,000
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Property Description
Rare Waterfront Luxury on Lake Norman. Extraordinary opportunity to own an award-winning Cornelius lakefront home offering 99 ft pristine lakefront, stunning water views and unmatched craftsmanship. Every inch of this 5,612 sq.ft. (all above grade) was meticulously designed for luxury and livability. Enjoy a library/billiard room, exercise room & sauna, wine cellar, main-level primary suite, elevator, gourmet kitchen with fossil inlay, media room, and a 3-car garage w/ abundant storage. Style continues with a 3rd-floor studio with panoramic views, 2 indoor fireplaces & 3 upper balconies with fireplace. Resort-style outdoor kitchen, firepit, massive patio, entertaining space & covered dock. Impervious exempt lot allows for potential pool within setbacks. Smart functionality abounds w/ an in-ground irrigation system, whole-home automation, blackout shades, blinds that adjust with the sun, tankless water heater, central vac, generator, heated primary bathroom floor, Sonos audio wi/ room-by-room controls, oasis landscaping & more! Offers private deeded dock AND neighborhood community dock! Lush, professionally landscaped grounds complete this private oasis with both a deeded dock and community dock access-an unparalleled combination on Lake Norman. Tranquil and timeless, this estate radiates elegance from the moment you arrive.
Full Property Details
Full Property Details for 20428 Island Forest Dr
General
- Sold For: $2,900,000
- HOA FEE: $8/month
- HOA FEE FREQ.: Annually
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4243921
- Added to Site: 325 day(s) ago
Interior
- Interior Features: Attic Walk In, Built-in Features, Central Vacuum, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Sauna, Storage, Walk-In Closet(s), Walk-In Pantry
- Fireplace: Yes
- Fireplace(s): Den, Fire Pit, Gas, Gas Log, Gas Starter, Gas Unvented, Gas Vented, Living Room, Outside, Porch, Recreation Room, Wood Burning, Den, Fire Pit, Gas, Gas Log, Gas Starter, Gas Unvented, Gas Vented, Living Room, Outside, Porch, Recreation Room, Wood Burning
- Appliances: Convection Oven, Dishwasher, Disposal, Down Draft, Gas Cooktop, Gas Range, Gas Water Heater, Indoor Grill, Self Cleaning Oven, Tankless Water Heater
- Flooring: Carpet, Stone, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper - Full Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 4
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Additional Information
- Shared Amenities: Lake Access
- Equipment: Generator, Surround Sound
Exterior
- Exterior Features: Fire Pit, Dock - Floating, In-Ground Irrigation, Outdoor Kitchen
Parking
- Garage: Yes
- Garage Description: 1,045 Sq. Ft.
- Garage Spaces: 3
- Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Garage Shop, Keypad Entry
Location
- County: Mecklenburg
- Subdivision: Island Forest
School Information
- Elementary School: Cornelius
- Middle School: Bailey
- High School: William Amos Hough
Community
- Assoc. Name: Island Forest HOA
Heating & Cooling
- Cooling Type: Attic Fan, Ceiling Fan(s), Central Air, Humidity Control, Multi Units, Zoned
- Heating Type: Central, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Electricity Connected, Fiber Optics, Natural Gas, Satellite Internet Available, Underground Utilities
Structural Information
- Construction: Site Built
- Exterior Const.: Hard Stucco, Stone
- Roof: Architectural Shingle
- Upper: 2,747 Sq. Ft.
- Main/1st Level: 2,425 Sq. Ft.
- Year Built: 1996
Lot Features
- Lot Dimensions: 98 x 405 x 99 x 432
- Street/Road Desc.: Concrete, Paved
- Lot Features: Orchard(s), Level, Wooded, Views, Waterfront
- Rcmdd Zoning: GR
- Fencing (Description): Partial
Water Features
- Water Front Name: Lake Norman
Financial Considerations
- Association Fee: $95
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 001-601-64
- Lot Number: 27438-226
Listed by J. Lyn Signature Properties Inc.
Sold by Howard Hanna Allen Tate Lake Norman
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Schools
Schools serving 20428 Island Forest Dr
School District:Charlotte-Mecklenburg Schools
| Name | Grades | Distance |
|---|---|---|
Cornelius Elementary 21126 Catawba Avenue, Cornelius, NC 28031 | K-5 | 2.7 mi |
Bailey Middle School 11900 Bailey Road, Cornelius, NC 28031 | 6-8 | 4.4 mi |
William Amos Hough High 12420 Bailey Road, Cornelius, NC 28031 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20428 Island Forest Dr
Date
Details
Price
Change
Source
12/16/2025
Sold
$2,900,000
-11.99%
MLS
10/24/2025
Price Reduced
$3,295,000
-5.72%
MLS
10/07/2025
Price Reduced
$3,495,000
-7.91%
MLS
9/15/2025
Price Reduced
$3,795,000
-3.8%
MLS
9/09/2025
Price Reduced
$3,945,000
-1.25%
MLS
8/15/2025
Price Reduced
$3,995,000
-2.06%
MLS
8/04/2025
Price Reduced
$4,079,000
-2.37%
MLS
7/30/2025
Price Reduced
$4,177,900
-0.01%
MLS
7/26/2025
Price Reduced
$4,178,500
-0.01%
MLS
6/26/2025
Price Reduced
$4,179,000
-3.04%
MLS
6/20/2025
Price Reduced
$4,310,000
-0.23%
MLS
6/13/2025
Price Reduced
$4,320,000
-0.23%
MLS
6/06/2025
Price Reduced
$4,330,000
-0.23%
MLS
5/30/2025
Price Reduced
$4,340,000
-0.23%
MLS
5/23/2025
Price Reduced
$4,350,000
-1.02%
MLS
4/11/2025
Listed
$4,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20428 Island Forest Drive, Cornelius, NC 28031 (MLS# 4243921) is a Single Family property that was sold at $2,900,000 on December 16, 2025. Want to learn more about 20428 Island Forest Drive? Do you have questions about finding other Single Family real estate for sale in Cornelius? You can browse all Cornelius real estate or contact a Coldwell Banker agent to request more information.

