Lakefront living and investment potential come together in this beautifully maintained 4-bedroom, 3.5-bath home on Lake Norman. Offering nearly 3,900 sq ft of living space on more than 2 private acres, this property provides a rare combination of privacy, comfort, and versatility. With a quiet waterfront cove, a permitted double-decker dock, boat slip, boat lift, and pier, it’s ideal for boating, swimming, and enjoying the lake year-round. The home also offers excellent potential as a short-term rental or multi-use property.
A spacious foyer opens into a bright, welcoming great room where a striking stone see-through gas fireplace connects seamlessly into the dining area. The kitchen features granite countertops, a convection oven, and ample storage, making it both functional and inviting. The main-level owner’s suite overlooks the screened porch and backyard and includes a tiled bath, walk-in shower, and generous walk-in closet. A private guest suite sits on the opposite side of the home, offering comfort and privacy for family or visitors.
Outdoor living is a highlight here, with a screened porch and a large wraparound deck overlooking the expansive yard and waterfront. Downstairs, the finished basement adds outstanding flexibility with a spacious den, a second kitchen, a full bath, and two additional bedrooms—perfect for extended stays, multigenerational living, or rental income.
Additional features include an oversized three-car garage currently set up as a game room with arcade machines and a pool table, plus both fenced yard areas and natural wooded privacy, providing plenty of space for outdoor activities, gatherings, and relaxation.
Conveniently located just minutes from Mooresville’s shopping, dining, and entertainment—and close to downtown Troutman and Lake Norman State Park—this home offers access to trails, beaches, boating, and more. Whether you enjoy kayaking at sunrise, entertaining on the dock, or relaxing by the fireplace after a day on the water, this property is designed for both everyday living and unforgettable lakefront experiences.
Under contract-show
Price cut: $22K (11/15)
$1,298,000
181 Stillwater Rd, Troutman, NC 28166
4beds
3,765sqft
Est.:
Single Family Residence
Built in 1998
2.15 Acres Lot
$1,237,600 Zestimate®
$345/sqft
$-- HOA
What's special
Quiet waterfront coveFinished basementBoat slipLarge wraparound deckNatural wooded privacyPermitted double-decker dockWalk-in shower
- 122 days |
- 4,131 |
- 243 |
Zillow last checked: 8 hours ago
Listing updated: January 21, 2026 at 09:17am
Listing Provided by:
Amy Campbell amysellstheshore@gmail.com,
Lakeside Key Group, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4305528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Garden Tub, Tray Ceiling(s), Walk-In Closet(s)
- Level: Main
- Area: 275.3 Square Feet
- Dimensions: 17' 8" X 15' 7"
Bedroom s
- Features: Ceiling Fan(s)
- Level: Main
- Area: 161.03 Square Feet
- Dimensions: 12' 1" X 13' 4"
Bedroom s
- Level: Basement
- Area: 261.84 Square Feet
- Dimensions: 17' 2" X 15' 3"
Bedroom s
- Level: Basement
- Area: 281.71 Square Feet
- Dimensions: 13' 0" X 21' 8"
Other
- Level: Basement
- Area: 237.33 Square Feet
- Dimensions: 13' 6" X 17' 7"
Dining area
- Features: Vaulted Ceiling(s)
- Level: Main
- Area: 224.15 Square Feet
- Dimensions: 15' 11" X 14' 1"
Family room
- Features: Ceiling Fan(s), Tray Ceiling(s)
- Level: Basement
- Area: 526.24 Square Feet
- Dimensions: 22' 0" X 23' 11"
Kitchen
- Features: Breakfast Bar, Kitchen Island
- Level: Main
- Area: 213.46 Square Feet
- Dimensions: 13' 0" X 16' 5"
Living room
- Features: Ceiling Fan(s), Vaulted Ceiling(s)
- Level: Main
- Area: 526.24 Square Feet
- Dimensions: 22' 0" X 23' 11"
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Microwave, Oven, Refrigerator
- Laundry: Main Level, Multiple Locations
Features
- Basement: Exterior Entry,Finished,Storage Space,Sump Pump,Walk-Out Access
- Fireplace features: Gas, Great Room, See Through
Interior area
- Total structure area: 2,060
- Total interior livable area: 3,765 sqft
- Finished area above ground: 2,060
- Finished area below ground: 1,705
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Garage on Main Level
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Fencing: Partial
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Lift, Covered structure, Dock, Waterfront
- Body of water: Lake Norman
Lot
- Size: 2.15 Acres
Details
- Parcel number: 4629979328.000
- Zoning: RA
- Special conditions: Standard
- Other equipment: Fuel Tank(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone Veneer, Wood
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Troutman
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $931,460
- Annual tax amount: $5,649
- Date on market: 9/23/2025
- Cumulative days on market: 114 days
- Road surface type: Concrete, Paved
Estimated market value
$1,237,600
$1.18M - $1.30M
$2,545/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Listed for rent | $6,500+8.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/15/2025 | Price change | $1,298,000-1.7%$345/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4305528 Report a problem | ||
| 9/23/2025 | Listed for sale | $1,320,000+28.2%$351/sqft |
Source: Canopy MLS as distributed by MLS GRID #4305528 Report a problem | ||
| 10/7/2024 | Listing removed | $6,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/29/2024 | Price change | $6,000+7.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,649 | $931,460 |
| 2024 | $5,649 | $931,460 |
| 2023 | $5,649 +52.6% | $931,460 +63.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,636/mo
Principal & interest
$6457
Property taxes
$725
Home insurance
$454
Climate risks
Neighborhood: 28166
Nearby schools
GreatSchools rating
- 6/10Troutman Elementary SchoolGrades: PK-5Distance: 3.9 mi
- 2/10Troutman Middle SchoolGrades: 6-8Distance: 3.7 mi
- 4/10South Iredell High SchoolGrades: 9-12Distance: 9.1 mi
