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Property Description
Wake up every morning to lake views and end every evenings around the firepit. Perfectly positioned on the shores of Lake Norman, this updated waterfront home offers the rare combination of luxury, comfort, and proven investment potential. Currently operating as a successful vacation rental (over 180K per year), this property has been thoughtfully updated inside and out, making it equally suited as a full-time residence, weekend retreat, or income-producing investment. This home also comes fully furnished to continue as an investment or vacation home. Recent improvements include a beautifully renovated interior, freshly painted exterior, a brand-new dock, and an expansive screened porch designed for year-round enjoyment. With five spacious sleeping areas, every guest wakes up to breathtaking water views. Whether you're hosting large family gatherings or maximizing rental income, the layout was designed to bring everyone together while still providing plenty of privacy. One of the home's most unforgettable features is the incredible crow's nest, where panoramic 365-degree views stretch across Lake Norman and the surrounding landscape. It's an inspiring space for a home office, fitness room, art studio, reading retreat, or simply a quiet place to enjoy your morning coffee above the treetops. Designed for effortless indoor-outdoor living, the home offers multiple lakeside decks, an oversized screened porch with soaring wood ceilings, generous outdoor entertaining areas, and an inviting firepit just steps from the water. Spend your days boating, paddleboarding, swimming, or simply relaxing while taking in some of the best waterfront scenery Lake Norman has to offer.
Full Property Details
Full Property Details for 219 Penicillin Point
General
- Price: $1,935,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4404906
- Updated: Today (8/8/2026)
- Added to Site: Today
Interior
- Interior Features: Breakfast Bar, Cable Prewire, Central Vacuum, Drop Zone, Elevator, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar
- Fireplace: Yes
- Fireplace(s): Electric, Great Room, Porch, Electric, Great Room, Porch
- Appliances: Bar Fridge, Dishwasher, Gas Cooktop, Gas Water Heater, Wine Refrigerator
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Upper - Full Baths: 1
- Main - Full Baths: 2
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms-B: 2
- Bedrooms Upper: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Main Level
Additional Information
- Equipment: Generator, Surround Sound
Exterior
- Exterior Features: Above Ground Hot Tub / Spa, Elevator, Fire Pit, Dock - Floating, Hot Tub, In-Ground Irrigation
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Garage Door Opener, Keypad Entry
Location
- County: Iredell
- Subdivision: Lakeview Acres
- Driving Directions: 77N from Charlotte, Exit 36 turn left on River Hwy. Right on Perth Rd. Left on State Park Rd. Left on Morrison Farm. Right on Penicillin Point, Proceed to the Cul-de-Sac.
School Information
- Elementary School: Troutman
- Middle School: Troutman
- High School: South Iredell
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
- Heating Type: Forced Air, Heat Pump, Natural Gas
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Cable Available, Natural Gas
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Partial
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Roof: Architectural Shingle
- Upper: 1,137 Sq. Ft.
- Main/1st Level: 1,527 Sq. Ft.
- Year Built: 1967
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Cul-De-Sac, Waterfront
Water Features
- Water Front Name: Lake Norman
Disclosures and Reports
- Special Conditions: Subject to Lease
- Property ID: 4629-50-6596.000
- Lot Number: 2237-1572
Listed by J Meeks + Co
Get Pre-Approved Today
Schools
Schools serving 219 Penicillin Point
School District:Iredell-Statesville Schools
| Name | Grades | Distance |
|---|---|---|
Troutman Elementary School 220 South Main Street, Troutman, NC 28166 | K-5 | 5.4 mi |
Troutman Middle School 305 Rumple Street, Troutman, NC 28166 | 6-8 | 5.2 mi |
South Iredell High School 299 Old Mountain Road, Statesville, NC 28677 | 9-12 | 10 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 219 Penicillin Point
Date
Details
Price
Change
Source
8/08/2026
Listed
$1,935,000
88.78%
MLS
10/05/2020
Sold
$1,025,000
—
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 219 Penicillin Point
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,389
—
$1,221,470
—
2024
$7,389
—
$1,221,470
—
2023
$7,389
45%
$1,221,470
53%
2021
$5,080
-2%
$800,700
—
2022
$5,164
14%
$800,700
12%
2020
$4,544
15%
$715,180
9%
2017
$3,963
—
$654,540
—
2016
$3,963
—
$654,540
—
2015
$3,963
-9%
$654,540
-8%
2019
$4,365
40%
$715,180
28%
2013
$3,115
—
$556,920
—
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 219 Penicillin Point
219 Penicillin Point, Troutman, NC 28166 (MLS# 4404906) is a Single Family property with 4 bedrooms and 4 full bathrooms. 219 Penicillin Point is currently listed for $1,935,000 and was received on August 08, 2026. Want to learn more about 219 Penicillin Point? 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.

