Description
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!
Address
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Address: 188 Sagemore Road, Mooresville, North Carolina 28117
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City: Mooresville
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State/county: NC
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Zip/Postal Code: 28117
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Area: NONE
Details
Updated on September 11, 2026 at 12:28 pm-
Property ID 4412341
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Price $2,295,000
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Bedrooms 4
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Bathrooms 6
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Garages 3
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Year Built 1967
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Utilities Cable Connected, Electricity Connected
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Sewer Septic Installed
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Cooling Central Air
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Heating Heat Pump
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County Iredell
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Property Type Residential
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Parking Driveway, Attached Garage
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Elementary School Lakeshore
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Middle School Lakeshore
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High School Lake Norman
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Community Features None
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Waterfront Beach - Private, Boat Lift, Boat Ramp, Boat Slip (Deed), Dock, Pier, Retaining Wall
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Architectural Style Farmhouse
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Down Payment
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