Mooresville · Mooresville, NC
388 Ponderosa Circle
Mooresville, NC · 3,560 sqft
$1,899,000
- 3Beds
- 2.5Baths
- 3,560SqFt
- 1998Year
- 6Days on market
About this home
Experience breathtaking sunsets and serene waterfront living in this beautifully renovated Lake Norman retreat, ideally situated just around the bend from the main channel. This exceptional property offers the rare advantage of no HOA and permits short-term rentals, making it perfect as a primary residence, vacation home, or investment opportunity. The home has been completely renovated and features a stunning chef’s kitchen equipped with premium Wolf appliances, along with a luxurious primary suite showcasing a spa-inspired bath. Two additional bedrooms, a full bath, and a half bath complete the main level. The finished basement serves as a fully functional second living quarters, offering a second kitchen with bar seating, a spacious living area, a bedroom, a full bath, and ample storage—ideal for guests, multi-generational living, or rental income potential. Enjoy effortless lake access with your own private floating dock and private boat ramp. Outdoor living is exceptional, featuring a screened porch, an upper-level deck, and underdecking that creates a covered walkout patio below—perfect for relaxing or entertaining year-round. An in-ground irrigation system adds convenience and ease of maintenance. Conveniently located near I-77 and just minutes from dining and shopping, this home offers luxury, flexibility, and the ultimate Lake Norman lifestyle.
Property details
- Beds
- 3
- Baths
- 2.5
- SqFt
- 3,560
- Lot
- —
- Year built
- 1998
- Type
- Single Family
- Days on market
- 6
- Garage
- 2
- Heating
- Heat Pump
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Basement
- Flooring
- Carpet, Tile, Vinyl, Wood
- View
- Year Round
Features
- Kitchen Island
- Open Floorplan
- Split Bedroom
- Walk-In Closet(s)
- In-Ground Irrigation
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$13,739/ month
- Principal & interest
- $11,761
- Property tax (~0.90%)
- $1,424
- Homeowners insurance
- $553
- HOA dues
- —
Down payment
$94,950 down · $1,804,050 financed
Income to qualify (28% rule)
~$588,822 / 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.