Terrell · Terrell, NC
4580 Kiser Island Road
Terrell, NC · 805 sqft
$995,000
- 2Beds
- 1Baths
- 805SqFt
- 1966Year
About this home
Rare Lake Norman waterfront opportunity with no HOA! Welcome to The Cottage on Osprey Cove, a beautifully renovated 2-BR, 1-BA retreat offering 150 ft of prime shoreline and a spectacular year-round, 1-mile water view. Situated on a beautiful lot on Kiser Island, this move-in-ready cottage blends 1966 classic charm with modern updates, featuring pristine hardwood floors, a 5-year-old roof & HVAC, and stunning sunrises from the living room and primary bedroom.
The ultimate outdoor lifestyle awaits on the expansive screened porch and open grilling deck. Boaters will love the 30 ft floating dock with boat slip, water, and power—offering deep, year-round water even at lowest lake levels. The property features exceptional expansion potential. lake-fed irrigation, 360-degree security, and ample parking for an RV/boat trailer. Enjoy quiet, peaceful living but also only minutes from dining, shopping, and top-rated schools.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 805
- Lot
- —
- Year built
- 1966
- Type
- Single Family
- Heating
- Electric, Forced Air, Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
- Flooring
- Wood
- View
- Water, Year Round
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$7,198/ month
- Principal & interest
- $6,162
- Property tax (~0.90%)
- $746
- Homeowners insurance
- $290
- HOA dues
- —
Down payment
$49,750 down · $945,250 financed
Income to qualify (28% rule)
~$308,519 / 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.