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20919 Island Forest Dr, Cornelius, NC, 28031

4beds
3baths
4,107sqft
$2,199,900
$536price/sqft
$13,309/moest. monthly cost
$532,360/yrincome needed

About This Home

Premier waterfront home with majestic main channel views of Lake Norman! Surrounded by water, this home is situated in the highly desirable Island Forest neighborhood; facing southwest allows for magnificent sunsets! The aerial photos tell it all! Spacious, open floor plan. Beautiful bamboo hardwood floors in dining room, great room and loft. Awesome kitchen complete with granite/wood countertops, breakfast bar, tile backsplash, gourmet gas stove, vented hood and plenty of cabinet space. Large, open great room features vaulted ceiling, gas masonry fireplace and wonderful natural light. Wake up to lake views from the large, main level primary bedroom. Upper-level loft is perfect for a reading area or playroom. Large entertaining area on lake level offers ample space for pool table, wet bar area, plenty of living space and 2nd masonry fireplace with gas logs. Absorb breathtaking views from the upper deck or covered lake level patio. Hot tub located directly off the large covered back porch offers wonderful opportunities to unwind anytime. Striking metal roof adds to the lake-house feel. Beautifully landscaped yard features zoysia grass, mature palm trees, stone walkways, fully fenced backyard, fully functional Koa Pond. Expansive pier includes covered sitting area and 10,000lb boatlift. Tankless water heater, Generac generator, "lake water" in-ground irrigation. Island Forest neighborhood offers private/gated (residence only) waterfront lot complete with boat ramp and pier! Prime location near parks, restaurants, and boutique shopping. This residence defines the vibrant Lake Norman way of life! Experience the ultimate Lake Norman lifestyle!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
Cornelius ElementaryGrades K-52.9 mi
10/10
Bailey Middle SchoolGrades 6-84.7 mi
6/10
William Amos Hough HighGrades 9-125.1 mi

Construction

Condition

  • Year built: 1973

Materials

  • Roof: Metal
  • Construction materials: Aluminum

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Hood,Gas Range
  • Laundry features: Laundry Room,Main Level

Bar Entertainment

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Basement Shop,Exterior Entry,Finished,Storage Space,Unfinished,Walk-Out Access

Bathroom Full

  • Level: Main

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 2

Breakfast

  • Level: Main

Dining Room

  • Level: Main

Features

  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Great Room,Recreation Room
  • Finished area below ground: 1,675
  • Finished area above ground: 2,432

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,432
  • Total interior livable area: 4,107 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Loft

  • Level: Upper

Primary Bedroom

  • Level: Main

Recreation Room

  • Level: Basement

Property

Details

  • Parcel number: 00111409
  • Zoning: GR
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch,Patio
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Water,Year Round
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Boat Lift,Boat Ramp – Community,Covered structure,Boat Slip – Community,Dock,Pier,Pier - Community,Waterfront
  • Waterbody name: Lake Norman

Lot

  • Lot size: 0.23 Acres
  • Lot size dimensions: 85R x 141 x 87WF x 137

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Driveway,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters in Mecklenburg 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 $11,123$133,476
Home Insurance *$675$8,100
Property Taxes $1,129$13,548
Electricity $382$4,590
Total$13,309$159,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$456,308/yr
40% on housing$399,270/yr
45% on housing$354,906/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: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$536This listing

vs Other Active Listings

Avg $/sqft

ZIP 28031$374
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28031$308
Mecklenburg County$238

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
2026-05-13Price change$2,399,000
2026-05-06Price change$2,650,000
2026-03-11Listed for sale$2,750,000
2014-06-13Sold$605,000
2014-05-15Pending sale$624,900
2014-05-01Price change$624,900
2014-03-29Price change$639,900
2014-01-22Price change$649,900
2013-08-14Price change$664,900
2012-07-07Listed for sale$665,000
2012-04-05Listing removed$599,900
2012-02-05Listed for sale$599,900
2011-11-13Listing removed$625,000
2011-09-14Listed for sale$625,000
2011-04-15Listing removed$675,000
2011-02-02Listing removed$2,250
2011-01-31Listed for rent$2,250
2010-09-08Listed for sale$675,000
2004-01-23Sold$465,000
1998-11-03Sold$295,000

For Sale by Agent

AgentRobert Drag
BrokeragePremier Sotheby's International Realty

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