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240 Shoreline Loop, Mooresville, NC, 28117

3beds
2baths
1,370sqft
$1,275,000
$931price/sqft
$7,660/moest. monthly cost
$306,400/yrincome needed

About This Home

Welcome to 240 Shoreline Loop, one of Lake Norman's most compelling waterfront opportunities. Fully renovated, completely furnished, and already performing as an income-producing short-term rental, this property delivers the rare combination of luxury lake lifestyle and immediate investment returns with no setup required. Perched near the tip of the coveted Stutts Road peninsula, the home commands expansive open water views that set it apart. A brand new dock invites you straight onto the water, while Stutts Marina is just moments away offering easy access to fueling, a boat ramp, and full lake services. Privacy, panoramic views, and unmatched accessibility make this location as desirable for guests as it is for owners. This property is a proven Airbnb performer, offered fully furnished and guest ready. The next owner can begin generating short term rental revenue immediately with zero ramp up time. Whether you are an investor expanding your portfolio or a buyer seeking a luxury retreat that pays for itself, 240 Shoreline Loop is built to deliver on both. Included with the sale is a 2004 Ski Centurion Ski Boat with under 1,000 hours, a 2007 Yamaha 4 stroke 2 person WaveRunner with under 300 hours, and a Pergo Electric Bike with under 50 hours of use. Waterfront properties of this caliber, complete with open water views, a new dock, water toys included, and a thriving rental history, simply do not come along often on Lake Norman. If you have been waiting for the right lake property, your search ends at 240 Shoreline Loop.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

5/10
Woodland Heights MiddleGrades 6-82.3 mi
7/10
Lake Norman High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Refrigerator,Washer/Dryer
  • Laundry features: Main Level

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Third

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main

Features

  • Door features: Sliding Doors
  • Finished area below ground: 0
  • Finished area above ground: 1,370

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Floor Furnace
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,044
  • Total interior livable area: 1,370 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Third

Property

Details

  • Parcel number: 4635572299.000
  • Zoning: R20
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Patio & porch: Covered,Porch,Screened
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Dock,Waterfront
  • Waterbody name: Lake Norman

Lot

  • Lot size: 0.49 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached Carport,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Iredell County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,447$77,364
Home Insurance *$371$4,452
Property Taxes $642$7,704
Electricity $200$2,405
Total$7,660$91,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$262,628/yr
40% on housing$229,800/yr
45% on housing$204,266/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.7%
15.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$931This listing

vs Other Active Listings

Avg $/sqft

ZIP 28117$274
Iredell County$212

vs Homes Sold Last Month

Median $/sqft

ZIP 28117$256
Iredell County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for sale$1,450,000
2024-11-14Sold$830,000
2024-10-27Pending sale$799,900
2024-10-07Listed for sale$799,900

For Sale by Agent

AgentElise Allen
BrokeragePremier Sotheby's International Realty

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