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$420,000 -$30,000 (-6.67%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 2 Car Garage
  • Updated 1 day ago
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HUGE PRICE REDUCTION! Is your favorite hobby golfing? Are you an outdoor enthusiasts then this charming 2 story DR Horton home with a bedroom on the main floor is a must see? This home is located on the newly multi million dollar renovated 500 Club golf course. Enjoy west facing golf course views from your backyard. This lovely home offers an open floorplan, granite in the kitchen, and stainless appliances. Larkin community has so much to offer...an outdoor pool, tennis courts, sidewalks and so much more. This neighborhood is just right for evening strolls and folks who enjoy outdoor sports!!! The 500 Club is a semi-private golf course. After a busy day drop by The Victory Lane restaurant which is open to the public for lunch or dinner. Larkin is located just outside Troutman. It is also in close proximity to I-77 for an easy commute. Lake Norman State Park is in close proximity to this community as well for are the nature lovers!!!! Stop by and see this wonderful home in the active Larkin community!!!!

Full Property Details for 118 Margo Ln

General

  • Price: $420,000
  • HOA FEE: $33/month
  • HOA FEE FREQ.: Annually
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4316094
  • Updated: 4/23/2026
  • Added to Site: 178 day(s) ago

Interior

  • Interior Features: Drop Zone
  • Fireplace: Yes
  • Fireplace(s): Family Room, Gas Log, Family Room, Gas Log
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Self Cleaning Oven
  • Flooring: Carpet, Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper - Full Baths: 2
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Upper: 4
  • Bedrooms Main & Up: 1

Other Rooms

  • Laundry: Upper Level

Additional Information

  • Shared Amenities: Clubhouse, Golf, Outdoor Pool, Picnic Area, Playground, Sidewalks, Street Lights, Tennis Court(s)
  • Pool: Yes

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Garage Faces Front, Keypad Entry, Parking Space(s)

Location

  • County: Iredell
  • Subdivision: Larkin

Community

  • Assoc. Name: William Douglas

Heating & Cooling

  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: City
  • Utility Description: Cable Connected, Electricity Connected, Natural Gas

Structural Information

  • Construction: Site Built
  • Exterior Const.: Fiber Cement
  • Upper: 1,344 Sq. Ft.
  • Main/1st Level: 1,186 Sq. Ft.
  • Year Built: 2017

Lot Features

  • Street/Road Desc.: Concrete, Paved
  • Lot Features: Cleared, Level, On Golf Course, Open Lot
  • Fencing (Description): Back Yard, Fenced

Financial Considerations

  • Association Fee: $400
  • Assoc Fee Freq.: Annually
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: Short Sale Subject to Approval
  • Property ID: 4743510387
  • Lot Number: 3017/609-610

Listed by Lake Norman Realty, Inc.

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Listing agent

— 118 Margo Ln —

  • Lake Norman Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 118 Margo Ln

School District:Iredell-Statesville Schools
NameGradesDistance
Troutman Elementary School
220 South Main Street, Troutman, NC 28166
K-53.2 mi
Troutman Middle School
305 Rumple Street, Troutman, NC 28166
6-83.4 mi
South Iredell High School
299 Old Mountain Road, Statesville, NC 28677
9-127 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 Margo Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/23/2026
Price Reduced
$420,000
-6.67%
MLS
10/29/2025
Listed
$450,000
—
MLS
9/20/2023
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
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 for 118 Margo Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,079
—
$394,980
—
2024
$4,079
—
$394,980
—
2023
$4,079
37%
$394,980
53%
2022
$2,974
—
$257,800
—
2021
$2,974
—
$257,800
—
2020
$2,974
—
$257,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Lake Norman Realty, Inc.

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118 Margo Lane, Statesville, NC 28677 (MLS# 4316094) is a Single Family property with 5 bedrooms and 3 full bathrooms. 118 Margo Lane is currently listed for $420,000 and was received on October 29, 2025. Want to learn more about 118 Margo Lane? Do you have questions about finding other Single Family real estate for sale in Statesville? You can browse all Statesville real estate or contact a Coldwell Banker agent to request more information.

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