Welcome to 178 Penicillin Point, where life slows down and lake memories are waiting to be made. Whether you’re looking for a classic lake getaway to enjoy just as it is, a vacation rental opportunity, or the perfect waterfront lot to build your dream home, this property offers endless possibilities. Built in 1973, this waterfront home captures the feeling of simpler days on Lake Norman. Situated on a 0.66-acre lot with more than 200 feet of shoreline, NO HOA, and low Iredell County taxes, this is a rare opportunity to own a special piece of the lake.
Inside, you’ll find a spacious great room with vaulted wood ceilings, walls of windows overlooking the water, and an open layout designed for gathering with family and friends. The home’s original character has been preserved, giving it the nostalgic charm of a classic lake cottage.
Step outside and enjoy the gently sloping yard, covered 24′ x 24′ dock, sandy shoreline, and large deep-water cove with beautiful open water views. Spend the afternoon on the deck, swim or fish from the dock, head out for a day on the lake, or simply relax and watch the sunset.
The finished lower level provides additional living space for guests, hobbies, or game nights after a day on the water. A new roof was installed in 2023, and the 28′ x 18′ boathouse provides plenty of additional storage.
Opportunities to own waterfront property with this combination of location, views, and potential don’t come along often. Conveniently located to I-77, Troutman, and Mooresville.
- Heating System:
- Heat Pump
- Cooling System:
- Ceiling Fan(s), Heat Pump
- Basement:
- Daylight, Walk-Out Access, Walk-Up Access
- Patio:
- Covered, Deck
- Parking:
- Driveway
- Exterior Features:
- Dock - Floating
- Flooring:
- Vinyl
- Laundry Features:
- In Basement, In Hall
- Sewer:
- Septic Installed
- Waterfront Features:
- Dock, Covered structure, Boat House
- Appliances:
- Refrigerator, Dishwasher, Oven
- Country:
- US
- State:
- NC
- County:
- Iredell
- City:
- Troutman
- Street:
- None
- Zipcode:
- 28677
- Street:
- Penicillin
- Street Number:
- 178
- Street Suffix:
- Point
- Longitude:
- W81° 4' 5.4''
- Latitude:
- N35° 38' 3.5''
- Directions:
- 77 N from Charlotte, Exit 36 turn left on River Hwy, Right on Perth Rd, Left on State Park Rd, Left on Morrison Farm. Right on Penicillin Point, 0.3 miles house on right. From Troutman, Perth Rd. to Right on State Park Rd. Left on Morrison Farm. Right on Penicillin Point, 0.3 miles house on right.
- Elementary School:
- Troutman
- High School:
- South Iredell
- Middle School:
- Troutman
- Office Name:
- Howard Hanna Allen Tate Statesville
- Agent Name:
- Marin Tomlin
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Construction Materials:
- Wood
- Foundation Details:
- Basement
- Levels:
- One
- Lot Features:
- Sloped, Views, Waterfront, Open Lot
- Lot Size Dimensions:
- 226' WF x 156' x 102' RF x 261'
- Water Body Name:
- Lake Norman
- Water Source:
- Well
- List Agent Mls Id:
- R12755
- List Office Mls Id:
- 810041
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-07-24T09:02:16Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-07-23T23:39:36Z
Residential For Sale
178 Penicillin Point, Troutman, North Carolina 28677
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 4405820
- Price :
- $1,000,000
- View :
- Water
- Bedrooms :
- 3
- Bathrooms :
- 2
- Square Footage :
- 2,158 Sqft
- Year Built :
- 1973
- Status :
- Active
- Full Bathrooms :
- 2
- Property Sub Type :
- Single Family Residence
- Roof:
- Architectural Shingle












































