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188 Sagemore Road, Mooresville, NC 28117 (MLS # 4412341)

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PRICE $2,295,000 dsIDX morgage calculator
BEDS 4
BATHS 5
HOME SIZE 2,585 sqft
LOT SIZE 31,364 sqft

A Rare Opportunity to Own a Fully Reimagined Lake Norman Waterfront Compound! Completely transformed to meet today's lifestyle, this exceptional Lake Norman property offers the perfect blend of luxury, flexibility, and income potential on approximately 165 feet of spectacular waterfront. The thoughtfully designed Multi-Generational Suite and separate Airbnb were completed in 2021, creating exceptional flexibility for extended family, guests, or private living quarters. The Airbnb has since become the highly rated "Tranquility Cove," an established 5-Star VRBO loved by guests for its peaceful lakefront setting and outstanding accommodations. In 2026, the original residence underwent an extensive renovation, beautifully blending modern finishes with timeless Modern Farmhouse design. The result is a home that lives like new while maintaining the character and charm of its exceptional Lake Norman setting. Altogether, the property offers three kitchens, three spacious living areas, four full bathrooms, two half bathrooms, two fireplaces, and a three-car garage, making it ideal for large families, multi-generational living, entertaining, or those seeking flexible living arrangements. Outside, the experience continues with expansive Trex decking, an incredible backyard, approximately 165 feet of shoreline, a private dock with electricity, lighting, and boat lift, plus a sandy beach and kayak launch, creating your own private waterfront retreat. Whether you're looking for a luxury primary residence, a family compound, a weekend getaway, or a home with established income potential, opportunities like this are incredibly rare on Lake Norman. PROPERTY HIGHLIGHTS "¢ Extensive renovation of the original home completed in 2026 "¢ Multi-Generational Suite completed in 2021 "¢ Separate Accessory Dwelling Unit completed in 2021 "¢ Established 5-Star VRBO, "Tranquility Cove" "¢ Approximately 165 feet of waterfront "¢ Three kitchens "¢ Three living areas "¢ Four full bathrooms and two half bathrooms "¢ Two fireplaces "¢ Three-car garage "¢ Private dock with electricity, lighting, and boat lift "¢ Sandy beach and kayak launch "¢ Expansive Trex decking and beautifully designed outdoor living spaces This isn't simply another waterfront home. It's a fully reimagined Lake Norman property offering luxury living, remarkable flexibility, and endless possibilities. Don't miss seeing the property!

TRACT None YEAR BUILT 1967
COMMUNITY None GARAGE SPACES 3.0
COUNTY Iredell STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Lakeshore
Jr. High School Lakeshore
High School Lake Norman


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Range, Electric Water Heater, Exhaust Fan
BASEMENT Finished, Yes
CONSTRUCTION Block
EXTERIOR Boat Slip, Dock, Fire pit, Storage
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Heat Pump, Wood Stove
INTERIOR Built-in Features, Elevator, Open Floorplan, Pantry
LOT 0.72 acre(s)
LOT DESCRIPTION Waterfront
LOT DIMENSIONS 0.72
MLS STATUS Active
PARKING Driveway
SEWER Septic Tank
STYLE Farmhouse
SUBDIVISION None
UTILITIES Cable Available, Cable Connected, Electricity Connected
VIEW Yes
VIEW DESCRIPTION Water
WATER Well
WATER ACCESS Lake Norman
WATERFRONT Yes
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with EXP Realty LLC Mooresville
Date last updated: 9/21/26 7:04 AM PDT

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