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Mooresville · Mooresville, NC

615 Kenway Loop

Mooresville, NC · 4,763 sqft

$2,290,000

Reduced from $3,100,000

  • 4Beds
  • 5.5Baths
  • 4,763SqFt
  • 1977Year
  • 92Days on market

About this home

ULTIMATE LAKE NORMAN GOLDEN UNICORN — UNBEATABLE $416/SQ FT VALUE FOR A LUXURY PRIMARY RESIDENCE OR SHORT TERM RENTAL COMPOUND.Positioned on a rare, completely flat 1.24-acre point lot, this estate commands an unparalleled 351 feet of pristine, unobstructed shoreline paired with a private sandy beach. Aggressively adjusted to deliver an unmatched value-driven price per square foot for the area, this property features NO HOA—offering a dream primary sanctuary of total design freedom or a high-yield luxury short-term rental powerhouse. The resort-style grounds feature a grand main brick residence, a private pool with a brand-new pool liner, and a detached, standalone 733 sq ft luxury guest/pool house built in 2017—perfect for multi-generational living, an executive home office, or premium guest quarters. To maximize the home's open-concept layout and panoramic views, the owner—an agency principal and professional interior designer—has provided a masterful concept rendering to eliminate the main level's central keeping room wall. This design seamlessly opens the space into a sweeping, sun-drenched entertainer’s layout and culinary kitchen, pulling lake views deep into the home's core. Spanning 5,496 total heated square feet with low Iredell County taxes and a 4-bedroom septic permit, this estate comfortably absorbs customization costs while leaving massive immediate equity on the table. Capitalize on a built-in renovation credit, live in the turn-key secondary quarters while updating the main level, and secure an irreplaceable piece of flat Lake Norman waterfront acreage at an undeniable investment baseline.

Property details

Beds
4
Baths
5.5
SqFt
4,763
Lot
Year built
1977
Type
Single Family
Days on market
92
Garage
4
Heating
Central
Cooling
Central Air
Foundation
Basement
Flooring
Marble, Hardwood, Tile
View
Water

Features

  • Above Ground Hot Tub / Spa
  • Dock - Floating

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$16,568/ month

Principal & interest
$14,182
Property tax (~0.90%)
$1,717
Homeowners insurance
$667
HOA dues

Down payment

$114,500 down · $2,175,500 financed

Income to qualify (28% rule)

~$710,059 / 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.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.