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Property Description
Thoughtfully updated and designed to embrace its exceptional Lake Norman setting, this waterfront home offers sweeping water views, elegant interiors, and inviting spaces for everyday living and entertaining. Nestled on the highly sought-after Langtree Peninsula, you'll enjoy convenient access to I-77 while coming home to the tranquility of lakeside living. Bamboo floors flow throughout the primary living areas, anchored by a spacious great room with a gas log fireplace and a beautifully renovated kitchen. The conditioned four-season porch extends the living space, offering comfortable year-round living and panoramic lake views. The primary suite features direct access to the deck, long-range lake views, a stylishly renovated bath with an oversized tiled shower and dual vanity, and a generous walk-in closet. The partially finished walkout lower level offers outstanding flexibility with a welcoming living area featuring a wood-burning fireplace, beverage center, guest bedroom, full bath, and walkout access to the covered lakeside patio. The unfinished portion provides abundant storage, workshop space, and an oversized two-car garage. Recent improvements include roof '23 and HVAC '23. Outside, meticulously maintained grounds, a park-like lawn, multiple outdoor living spaces, a beach area, and a gently sloping path to the water create the kind of waterfront setting that's becoming increasingly difficult to find on Lake Norman. The protected cove offers ideal conditions for paddleboarding, kayaking, swimming, and floating without sacrificing long-range lake views. Whether you're looking for a full-time residence or weekend retreat, you'll appreciate being just minutes from Mooresville's popular restaurants, shopping, golf, parks, breweries, and year-round community events, with Charlotte Douglas International Airport approximately 32 miles away. Enjoy the convenience of boating from your own dock, with All Seasons Marina just moments away for fuel, service, storage, and additional boating amenities. This is a rare opportunity to own a home that captures the relaxed on-the-water lifestyle so many Lake Norman buyers seek.
Full Property Details
Full Property Details for 118 Teakwood Ln
General
- Price: $1,691,300
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4411407
- Updated: 8/7/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Entrance Foyer, Kitchen Island, Storage, Walk-In Closet(s), Wet Bar
- Fireplace: Yes
- Fireplace(s): Bonus Room, Gas Log, Living Room, Wood Burning, Bonus Room, Gas Log, Living Room, Wood Burning
- Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Exhaust Fan, Filtration System, Gas Range, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator with Ice Maker, Washer/Dryer, Wine Refrigerator
- Flooring: Bamboo, Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main - Full Baths: 2
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms-B: 1
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Sink
Additional Information
- Equipment: Generator Hookup, Surround Sound
Exterior
- Exterior Features: In-Ground Irrigation
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Basement, Driveway, Attached Garage, Parking Space(s)
Location
- County: Iredell
- Subdivision: Sailors Lair
School Information
- Elementary School: Coddle Creek
- Middle School: Woodland Heights
- High School: Lake Norman
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Ductless
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Fiber Optics, Natural Gas
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Partial, Wood
- Basement: Yes
- Basement Desc.: Basement Garage Door, Basement Shop, Daylight, Exterior Entry, Interior Entry, Partially Finished, Walk-Out Access
- Roof: Architectural Shingle
- Main/1st Level: 2,171 Sq. Ft.
- Year Built: 1979
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Waterfront
Water Features
- Water Front Name: Lake Norman
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 4634-69-1683.000
- Lot Number: 2435-2044
Listed by HoneyBee Real Estate
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Schools
Schools serving 118 Teakwood Ln
School District:Iredell-Statesville Schools
| Name | Grades | Distance |
|---|---|---|
Coddle Creek Elementary School 141 Frank's Crossing Loop, Mooresville, NC 28115 | PK-5 | 4.7 mi |
Woodland Heights Middle 272 Forest Lake Boulevard, Mooresville, NC 28117 | 6-8 | 3.7 mi |
Lake Norman High School 186 Doolie Road, Mooresville, NC 28117 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Teakwood Ln
Date
Details
Price
Change
Source
8/07/2026
Listed
$1,691,300
118.23%
MLS
7/28/2016
Sold
$775,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 Teakwood Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,637
—
$1,114,680
—
2024
$6,637
—
$1,114,680
—
2023
$6,637
39%
$1,114,680
49%
2022
$4,762
—
$749,290
—
2021
$4,758
5%
$749,290
—
2019
$4,533
7%
$749,290
5%
2017
$4,232
22%
$711,450
23%
2016
$3,462
1%
$580,460
—
2015
$3,433
9%
$580,460
—
2014
$3,161
1%
$583,170
—
2013
$3,133
—
$583,170
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 Teakwood Ln
118 Teakwood Lane, Mooresville, NC 28117 (MLS# 4411407) is a Single Family property with 4 bedrooms and 3 full bathrooms. 118 Teakwood Lane is currently listed for $1,691,300 and was received on August 07, 2026. Want to learn more about 118 Teakwood Lane? Do you have questions about finding other Single Family real estate for sale in Mooresville? You can browse all Mooresville real estate or contact a Coldwell Banker agent to request more information.

