A Rare Opportunity to Own a Fully Reimagined Lake Norman Waterfront Compound!
Completely transformed to meet today’s lifestyle, this exceptional Lake Norman property offers the perfect blend of luxury, flexibility, and income potential on approximately 165 feet of spectacular waterfront.
The thoughtfully designed Multi-Generational Suite and separate Airbnb were completed in 2021, creating exceptional flexibility for extended family, guests, or private living quarters. The Airbnb has since become the highly rated “Tranquility Cove,” an established 5-Star VRBO loved by guests for its peaceful lakefront setting and outstanding accommodations.
In 2026, the original residence underwent an extensive renovation, beautifully blending modern finishes with timeless Modern Farmhouse design. The result is a home that lives like new while maintaining the character and charm of its exceptional Lake Norman setting.
Altogether, the property offers three kitchens, three spacious living areas, four full bathrooms, two half bathrooms, two fireplaces, and a three-car garage, making it ideal for large families, multi-generational living, entertaining, or those seeking flexible living arrangements.
Outside, the experience continues with expansive Trex decking, an incredible backyard, approximately 165 feet of shoreline, a private dock with electricity, lighting, and boat lift, plus a sandy beach and kayak launch, creating your own private waterfront retreat.
Whether you’re looking for a luxury primary residence, a family compound, a weekend getaway, or a home with established income potential, opportunities like this are incredibly rare on Lake Norman.
PROPERTY HIGHLIGHTS
• Extensive renovation of the original home completed in 2026
• Multi-Generational Suite completed in 2021
• Separate Accessory Dwelling Unit completed in 2021
• Established 5-Star VRBO, “Tranquility Cove”
• Approximately 165 feet of waterfront
• Three kitchens
• Three living areas
• Four full bathrooms and two half bathrooms
• Two fireplaces
• Three-car garage
• Private dock with electricity, lighting, and boat lift
• Sandy beach and kayak launch
• Expansive Trex decking and beautifully designed outdoor living spaces
This isn’t simply another waterfront home.
It’s a fully reimagined Lake Norman property offering luxury living, remarkable flexibility, and endless possibilities. Don’t miss seeing the property!
- Heating System:
- Heat Pump
- Cooling System:
- Central Air
- Basement:
- Finished
- Fence:
- Back Yard
- Fireplace:
- Family Room, Fire Pit, Gas Log, Wood Burning Stove
- Patio:
- Patio, Rear Porch, Deck, Screened, Enclosed
- Parking:
- Driveway, Attached Garage
- Architectural Style:
- Farmhouse
- Exterior Features:
- Fire Pit, In-Ground Irrigation, Storage, Elevator, Dock - Floating
- Interior Features:
- Elevator, Open Floorplan, Pantry, Built-in Features, Cable Prewire
- Laundry Features:
- Electric Dryer Hookup, Washer Hookup
- Sewer:
- Septic Installed
- Utilities:
- Electricity Connected, Cable Connected
- Waterfront Features:
- Dock, Beach - Private, Pier, Boat Slip (Deed), Boat Lift, Retaining Wall, Boat Ramp
- Window Features:
- Insulated Window(s)
- Appliances:
- Dishwasher, Electric Water Heater, Exhaust Fan, Disposal, Electric Range
- Country:
- US
- State:
- NC
- County:
- Iredell
- City:
- Mooresville
- Street:
- None
- Zipcode:
- 28117
- Street:
- Sagemore
- Street Number:
- 188
- Street Suffix:
- Road
- Longitude:
- W81° 6' 50''
- Latitude:
- N35° 37' 20.9''
- Directions:
- From NC Highway 150 (River Highway), turn onto Perth Road. Continue approximately 1.5 miles, then turn right onto Sagemore Road. Follow Sagemore Road to 188 Sagemore Road on the right near the cul-de-sac
- Zoning:
- R-1
- Elementary School:
- Lakeshore
- High School:
- Lake Norman
- Middle School:
- Lakeshore
- Office Name:
- EXP Realty LLC Mooresville
- Agent Name:
- Julie Horton
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Community Features:
- None
- Construction Materials:
- Wood, Block
- Foundation Details:
- Basement, Slab
- Garage:
- 3
- Levels:
- Three
- Lot Features:
- Waterfront
- Previous Price:
- 2495000
- Video Url:
- https://vimeo.com/1214898784/678b8493bc?share=copy&fl=sv&fe=ci
- Virtual Tour:
- https://vimeo.com/1214898784/678b8493bc?share=copy&fl=sv&fe=ci
- Water Body Name:
- Lake Norman
- Water Source:
- Well
- List Agent Mls Id:
- 99180
- List Office Mls Id:
- 372902
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-09-11T12:28:06Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-08-11T05:20:10Z
Residential For Sale
188 Sagemore Road, Mooresville, North Carolina 28117
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 4412341
- Price :
- $2,295,000
- View :
- Water,Year Round
- Bedrooms :
- 4
- Bathrooms :
- 6
- Half Bathrooms :
- 2
- Square Footage :
- 2,585 Sqft
- Year Built :
- 1967
- Status :
- Active
- Full Bathrooms :
- 4
- Property Sub Type :
- Single Family Residence
- Roof:
- Architectural Shingle












































