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$995,000 Just Listed
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Property Description
MULTI-MILLION DOLLAR LONG RANGE SUNSET VIEWS! NO HOA! Gently sloping lot to lake! Large circle drive! Stone steps to private sand beach area! Easy walk to your large private dock with boat slip! This charming beautifully decorated lakefront brick ranch comes with over 124 feet of deep-water frontage on LAKE NORMAN. Situated on a partially shaded ½+ acre lot in a quiet no-wake cove, this 3BR/2BA home offers DAILY breathtaking SUNSETS and tranquil outdoor living with a large screened porch, walk-out basement, covered patio, firepit area, hammock, and deck with space for a gazebo. Updated kitchen with stainless steel Viking refrigerator and KitchenAid appliances. Other features include a fireplace in living room and cozy den downstairs with woodstove, rec/office area in fully finished walkout basement with smaller second kitchen, laundry, and additional space ideal for guests or entertaining. Copy of single septic permit page doesn't contain bedroom count. Preapproved buyers welcome! Schedule your showing today!
Full Property Details
Full Property Details for 122 Lily Pad Loop
General
- Price: $995,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4332898
- Updated: 1/10/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Built-in Features, Kitchen Island, Pantry
- Fireplace: Yes
- Fireplace(s): Den, Living Room, Den, Living Room
- Appliances: Dishwasher, Double Oven, Electric Range, Electric Water Heater, Exhaust Fan, Filtration System, Refrigerator with Ice Maker, Self Cleaning Oven
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Lower: 1
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
- Exterior Features: Fire Pit
Parking
- Parking Features: Circular Driveway, Driveway
Location
- County: Iredell
- Subdivision: Shady Cove
- Driving Directions: I-77 S, exit 42, ramp to troutman, Left onto State HWY 115, turn Left onto Flower House Loop, turn Right onto Per Clontz Hill Rd, Turn Right onto Perth Road, Turn Left onto Shade Cove Road, turn Right onto Lily Pad Loop
School Information
- Elementary School: Troutman
- Middle School: Troutman
- High School: South Iredell
Heating & Cooling
- Cooling Type: Ductless, Window Unit(s)
- Heating Type: Ductless, Electric
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full, Vinyl
- Basement: Yes
- Basement Desc.: Finished
- Lower: 1,151 Sq. Ft.
- Main/1st Level: 1,151 Sq. Ft.
- Year Built: 1972
Lot Features
- Street/Road Desc.: Gravel
- Lot Features: Level, Sloped, Views, Waterfront
Water Features
- Water Front Name: Lake Norman
Financial Considerations
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Property ID: 4730-71-1735.000
- Lot Number: 2506-440
Listed by John Christian Luxury Real Estate
Get Pre-Approved Today
Schools
Schools serving 122 Lily Pad Loop
School District:Iredell-Statesville Schools
| Name | Grades | Distance |
|---|---|---|
Troutman Elementary School 220 South Main Street, Troutman, NC 28166 | K-5 | 2.6 mi |
Troutman Middle School 305 Rumple Street, Troutman, NC 28166 | 6-8 | 2.4 mi |
South Iredell High School 299 Old Mountain Road, Statesville, NC 28677 | 9-12 | 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 122 Lily Pad Loop
Date
Details
Price
Change
Source
1/09/2026
Listed
$995,000
144.77%
MLS
8/11/2017
Sold
$406,500
—
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 122 Lily Pad Loop
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,818
—
$626,250
—
2024
$3,818
—
$626,250
—
2023
$3,818
49%
$626,250
60%
2022
$2,559
2%
$391,940
—
2021
$2,515
4%
$391,940
—
2019
$2,417
25%
$391,940
24%
2017
$1,940
—
$316,010
—
2016
$1,940
15%
$316,010
—
2014
$1,690
—
$316,010
6%
2013
$1,690
—
$297,770
—
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 122 Lily Pad Loop
122 Lily Pad Loop, Troutman, NC 28166 (MLS# 4332898) is a Single Family property with 3 bedrooms and 2 full bathrooms. 122 Lily Pad Loop is currently listed for $995,000 and was received on January 09, 2026. Want to learn more about 122 Lily Pad Loop? Do you have questions about finding other Single Family real estate for sale in Troutman? You can browse all Troutman real estate or contact a Coldwell Banker agent to request more information.

