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902 Cornelius Rd, Mooresville, NC, 28117

2beds
2baths
1,420sqft
$525,000
$370price/sqft
$3,272/moest. monthly cost
$130,880/yrincome needed

About This Home

Tucked along the water in Mooresville, this ranch offers the kind of space, setting, and flexibility that’s getting harder to find! Set on a 0.69-acre lot with no HOA, the property is designed to be enjoyed. Take in the water views from the sunroom, new back deck, or covered front porch, and enjoy the added benefit of a private pier and mini pier-house for kayaks, paddleboards, and fishing gear. A powered workshop outbuilding and additional storage building provide flexibility for hobbies, equipment, or workspace. Inside, the home features a bright, open layout with vaulted ceilings that connect the main living areas. The kitchen is finished with quartz countertops and ample cabinetry, offering a clean, functional space that works just as well for everyday living as it does for hosting. Both bedrooms are designed as private suites, each with its own bathroom and walk-in closet. A laundry and mudroom just off the garage adds to the home’s overall convenience. Opportunities like this—with usable land, water access, and functional improvements—don’t come around often!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

6/10
3/10
Lakeshore Middle SchoolGrades 6-81.1 mi
7/10
Lake Norman High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick Partial,Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Electric Range,Electric Water Heater,Microwave
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Features: En Suite Bathroom,Walk-In Closet(s)
  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Kitchen Island,Open Floorplan,Walk-In Closet(s)
  • Door features: French Doors,Sliding Doors
  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,420

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 1,420
  • Total interior livable area: 1,420 sqft

Kitchen

  • Features: Breakfast Bar,Kitchen Island,Open Floorplan,Vaulted Ceiling(s)
  • Level: Main

Laundry

  • Level: Main

Living Room

  • Features: Open Floorplan,Vaulted Ceiling(s)
  • Level: Main

Primary Bedroom

  • Features: En Suite Bathroom,Walk-In Closet(s)
  • Level: Main

Sunroom

  • Level: Main

Property

Details

  • Parcel number: 4638979479.000
  • Zoning: RA
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch,Wrap Around
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Paddlesport Launch Site,Dock,Waterfront
  • Waterbody name: Lake Norman

Lot

  • Lot size: 0.69 Acres
  • Features: Corner Lot,Wooded,Views

Parking

  • Total spaces: 5
  • Parking features: Driveway,Attached Garage,Garage Faces Front,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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

  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

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 $2,654$31,848
Home Insurance *$153$1,836
Property Taxes $265$3,180
Electricity $200$2,405
Total$3,272$39,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,182/yr
40% on housing$98,160/yr
45% on housing$87,253/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

$370This listing

vs Other Active Listings

Avg $/sqft

ZIP 28117$277
Iredell County$213

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
2026-04-11Listed for sale$550,000
2025-07-23Sold$399,000
2025-05-24Pending sale$399,000
2025-05-07Price change$399,000
2025-04-08Listed for sale$429,000

For Sale by Agent

AgentTori Reyes
BrokerageCOMPASS

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