120 Shady Cove Road

Troutman, NC
$ 1,600,000 Beds 4 Baths 5 Sq 3,363 Virtual Tour
Monthly Estimate* How much can I afford?

Enjoy the best of lake living in this beautifully designed waterfront home on Lake Norman, where thoughtful layout, expansive views, and exceptional outdoor amenities come together. The main level features a desirable split-bedroom design with a spacious primary suite and two additional bedrooms, each with its own ensuite bath and serene lake views. A light-filled living room with gas log fireplace opens to the well-appointed kitchen, complete with granite countertops, gray subway tile backsplash, custom cabinetry with pullout drawers, built-in pantry, wall oven and microwave, and smooth-top electric cooktop, all complemented by a casual breakfast area overlooking the water. A formal dining room with French doors, lake views, and flexible use potential adds even more versatility. The primary suite offers a generous walk-in closet and an accessible bath with easy-entry shower, bench, and grab bars. The lower level provides a fully equipped second living quarters with its own kitchen, living room, bedroom with ensuite bath and walk-in closet, laundry, and private access, ideal for extended stays or multi-purpose living. Additional spaces include a large workshop with full bath and a separate storage area with garage-style access, perfect for hobbies or lake gear. Outdoor living is truly exceptional, with a screened porch, covered patio, and an expansive wraparound deck designed to capture breathtaking views. The shoreline is enhanced by a long boardwalk, rare private boat ramp, and an impressive pier with gazebo leading to a stationary dock and two floating docks, including a covered slip with lift. Parking is abundant with an oversized side-load three-car garage, lower-level two-car carport, and circular drive. With no HOA and flexible-use potential, this property offers a unique opportunity to enjoy, share, or invest in a remarkable lakefront setting, all supported by thoughtful upgrades including a whole-house generator, water filtration system, multiple water heaters, and well-maintained mechanical systems. Home comes with 1-year warranty for peace of mind!

Single Family

  • Price
  • $ 1,600,000
  • City
  • Troutman
  • Bedrooms
  • 4
  • Full Bathrooms
  • 5
  • County
  • IREDELL
  • Half Bathrooms
  • 0
  • Area
  • Iredell County
  • Lot Size
  • 0.985 Acres
  • Zip
  • 28166
  • Sqr Footage
  • 3,363
  • Year Built
  • 1966
  • Style
  • Ranch
  • MLS#
  • 4377254
Listed By: Keller Williams Unified; karensheffield@kw.com
Data Source: Canopy MLS

Features

General

Living Area 3363
Sewer Septic Installed
Heating Electric,Heat Pump,Propane
Cooling Ceiling Fan(s),Central Air
Roof Composition
Appliances Bar Fridge,Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Exhaust Hood,Microwave,Self Cleaning Oven,Wall Oven
Zoning R-20
Garage Spaces 3
Patio/Porch Features Covered,Deck,Patio,Screened,Side Porch,Wrap Around
Architectural Style Ranch
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Brick Full
Year Built 1966
View Long Range,Water,Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 4730-72-5042.000
Waterfront Features Boat Lift,Boat Ramp,Covered structure,Dock,Paddlesport Launch Site,Pier
Community Features None
Accessibility Bath Grab Bars,Roll-In Shower,Zero-Grade Entry
County Iredell
New Construction No
Property Type Residential
HOA No
Subdivision Name Shady Cove
Garage Y/N Yes
Full Baths 5
High School South Iredell
City Troutman
Body of Water Lake Norman
Senior Community Y/N No
Lot Size Units Acres
Carport Spaces 2
Carport Y/N Yes
Elementary School Troutman
Middle/Junior High School Troutman
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 747760
Listing Terms Cash,Conventional

Interior Features

Interior Amenities Attic Stairs Pulldown,Open Floorplan,Pantry,Storage,Walk-In Closet(s)
Basement Apartment,Basement Garage Door,Basement Shop,Exterior Entry,Full,Interior Entry,Partially Finished,Storage Space
Flooring Tile,Vinyl,Wood
Fireplace Features Gas Log,Living Room,Propane,Other - See Remarks
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2413
Laundry Features Electric Dryer Hookup,In Basement,Laundry Closet,Laundry Room,Main Level,Multiple Locations,Sink,Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 950
Total Baths 5
SqFt Main 2413
SqFt Garage 1027
Bedroom 3

Exterior Features

Exterior Amenities Dock - Floating
Parking Features Attached Carport,Circular Driveway,Driveway,Attached Garage,Garage Door Opener,Garage Faces Side
Lot Features Cleared,Rolling Slope,Wooded,Views,Waterfront
Water Source Well
Lot Size Area 0.985
Foundation Details Basement
Lot Dimensions 167x259x178x238
Road Surface Type Asphalt,Concrete,Paved
Other Parking 3-car garage on main level,drive around to the 2-car carport at the basement level (parking for second living quarters),plus parking pad at top of circular driveway.
Covered Spaces 5
Other Equipment Fuel Tank - Owned,Generator
Road Responsibility Publicly Maintained Road
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Troutman Elementary School
Middle School Troutman Middle School
High School South Iredell High School

Price History

5/2/2026 Listed $1,600,000

Property vs Zip Code Average in 28166

Price
AVG $740K
$1.6M
Year Built
AVG 2008
1966
Visits
AVG 286
250
Data Provided by Inside Real Estate®

120 Shady Cove Road Troutman, NC is a Single Family Home for sale at $1600000 with 3363 sqft and a lot size of 0.985 Acres Acre(s). 120 Shady Cove Road Troutman has 4 bedrooms, 5 baths and was built in 1966. The property's zip code is 28166 which is in Troutman, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.