117 Penicillin Point

Troutman, NC
$ 529,900 Beds 3 Baths 2.5 Sq 2,248
Monthly Estimate* How much can I afford?

Charming Cape Cod on almost an acre in a beautiful Lake Norman lake community. Mature landscaping, large shade trees and an established setting provide great curb appeal, while the spacious lot offers plenty of room to enjoy the outdoors and plenty of privacy. Waterfront properties are just a couple of homes down the street, putting you close to the lake without the waterfront price tag. Inside, the home is bright and comfortable with a functional floor plan. The main level features a spacious great room that opens to the kitchen, a convenient primary suite and a large laundry room. The primary bath includes a soaking tub, separate shower and water closet. Upstairs are two spacious secondary bedrooms with generous closet space, along with two additional flex rooms that could be used as a guestroom, bonus, office, playroom, exercise room, or hobby space. The outdoor space is a real highlight of the property. A large back deck and covered screened-in area overlook the mature, private backyard and provide plenty of room for relaxing or entertaining. The attached above-ground pool is perfect for enjoying the warmer months. A customized detached garage adds over 800 sq ft of additional space and versatility. Built by the current owner as a dedicated space for working on a race car, the garage features multiple 220V outlets for shop equipment such as air compressors, welders and other tools. It could also be used as a workshop, hobby space or additional storage. With nearly an acre of mature landscaping and no development planned behind the property, the backyard offers a level of privacy that is hard to find. There is plenty of room for gardening, outdoor activities or simply enjoying the peaceful surroundings. Seasonal lake views are an added bonus. Located just minutes from Lake Norman State Park and the boat launch, this home offers the space and privacy of a large lot while still being close to the lake and area amenities. A great opportunity to enjoy a peaceful setting.

Single Family

  • Price
  • $ 529,900
  • City
  • Troutman
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • IREDELL
  • Half Bathrooms
  • 1
  • Area
  • Iredell County
  • Lot Size
  • 0.97 Acres
  • Zip
  • 28166
  • Sqr Footage
  • 2,248
  • Year Built
  • 1997
  • Style
  • Cape Cod
  • MLS#
  • 4418260
Listed By: Properties of the Carolinas; david@propertiesofthecarolinas.com
Data Source: Canopy MLS

Features

General

Living Area 2248
Sewer Septic Installed
Heating Electric
Cooling Central Air
Roof Composition
Appliances Dryer,Electric Cooktop,Microwave,Refrigerator
Garage Spaces 3
Patio/Porch Features Screened
Architectural Style Cape Cod
Pool Features Above Ground
Construction Materials Vinyl
Year Built 1997
View Water
Levels One and One Half
Property Subtype Single Family Residence
Parcel Number 4629-71-2914.000
County Iredell
New Construction No
Property Type Residential
HOA No
Subdivision Name Crescent Land and Timber
Garage Y/N Yes
Full Baths 2
High School South Iredell
City Troutman
Body of Water Lake Norman
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Troutman
Middle/Junior High School Troutman
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Off Frame Modular
Tax Assessed Value 444160
Listing Terms Cash,Conventional,FHA,VA Loan

Interior Features

Flooring Carpet,Laminate,Vinyl
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 2248
Half Baths 1
Laundry Features Main Level
Total Bedrooms 3
Total Baths 3
SqFt Main 1124
SqFt Upper 1124
Bedroom 1

Exterior Features

Parking Features Attached Garage,Detached Garage
Lot Features Wooded
Water Source Well
Lot Size Area 0.97
Foundation Details Crawl Space
Road Surface Type Concrete,Paved
Other Parking 2 car attached; 1 car detached.
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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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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

9/3/2026 Listed $549,900
9/14/2026 4% - $529,900

Property vs Zip Code Average in 28166

Price
AVG $740K
$530K
Year Built
AVG 2008
1997
Visits
AVG 286
39
Data Provided by Inside Real Estate®

117 Penicillin Point Troutman, NC is a Single Family Home for sale at $529900 with 2248 sqft and a lot size of 0.97 Acres Acre(s). 117 Penicillin Point Troutman has 3 bedrooms, 2 baths and was built in 1997. 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.