Troutman · Troutman, NC
219 Penicillin Point
Troutman, NC · 4,154 sqft
$1,935,000
- 2Beds
- 4Baths
- 4,154SqFt
- 1967Year
- 27Days on market
About this home
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. Homes has 4 BRS but septic permit has 2.
Property details
- Beds
- 2
- Baths
- 4
- SqFt
- 4,154
- Lot
- —
- Year built
- 1967
- Type
- Single Family
- Days on market
- 27
- Garage
- 2
- Heating
- Forced Air, Heat Pump, Natural Gas
- Cooling
- Ceiling Fan(s), Central Air, Heat Pump
- Foundation
- Basement
- Flooring
- Carpet, Tile, Wood
- View
- Long Range, Water
Features
- Breakfast Bar
- Cable Prewire
- Central Vacuum
- Drop Zone
- Elevator
- Kitchen Island
- Open Floorplan
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Above Ground Hot Tub / Spa
- Elevator
- Fire Pit
- Dock - Floating
- Hot Tub
- In-Ground Irrigation
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$13,999/ month
- Principal & interest
- $11,984
- Property tax (~0.90%)
- $1,451
- Homeowners insurance
- $564
- HOA dues
- —
Down payment
$96,750 down · $1,838,250 financed
Income to qualify (28% rule)
~$599,984 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.