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.