120 Shady Cove Rd, Troutman, NC, 28166
About This Home
Enjoy the best of lake living in this beautifully designed waterfront home on Lake Norman, where thoughtful layout, expansive views, and exceptional outdoor amenities come together. The main level features a desirable split-bedroom design with a spacious primary suite and two additional bedrooms, each with its own ensuite bath and serene lake views. A light-filled living room with gas log fireplace opens to the well-appointed kitchen, complete with granite countertops, gray subway tile backsplash, custom cabinetry with pullout drawers, built-in pantry, wall oven and microwave, and smooth-top electric cooktop, all complemented by a casual breakfast area overlooking the water. A formal dining room with French doors, lake views, and flexible use potential adds even more versatility. The primary suite offers a generous walk-in closet and an accessible bath with easy-entry shower, bench, and grab bars. The lower level provides a fully equipped second living quarters with its own kitchen, living room, bedroom with ensuite bath and walk-in closet, laundry, and private access, ideal for extended stays or multi-purpose living. Additional spaces include a large workshop with full bath and a separate storage area with garage-style access, perfect for hobbies or lake gear. Outdoor living is truly exceptional, with a screened porch, covered patio, and an expansive wraparound deck designed to capture breathtaking views. The shoreline is enhanced by a long boardwalk, rare private boat ramp, and an impressive pier with gazebo leading to a stationary dock and two floating docks, including a covered slip with lift. Parking is abundant with an oversized side-load three-car garage, lower-level two-car carport, and circular drive. With no HOA and flexible-use potential, this property offers a unique opportunity to enjoy, share, or invest in a remarkable lakefront setting, all supported by thoughtful upgrades including a whole-house generator, water filtration system, multiple water heaters, and well-maintained mechanical systems. Home comes with 1-year warranty for peace of mind!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1966
Materials
- Roof: Composition
- Construction materials: Brick Full
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Bar Fridge,Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Exhaust Hood,Microwave,Self Cleaning Oven,Wall Oven
- Laundry features: Electric Dryer Hookup,In Basement,Laundry Closet,Laundry Room,Main Level,Multiple Locations,Sink,Washer Hookup
Basement
- Has basement: Yes
- Basement: Apartment,Basement Garage Door,Basement Shop,Exterior Entry,Full,Interior Entry,Partially Finished,Storage Space
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bathroom Full
- Level: 2nd Living Quarters
Bathroom Full
- Level: Basement
Bedroom S
- Level: Main
Bedroom S
- Level: Main
Bedroom S
- Level: 2nd Living Quarters
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
- Main level bedrooms: 3
Breakfast
- Level: Main
Dining Room
- Level: Main
Features
- Open Floorplan,Pantry,Storage,Walk-In Closet(s)
- Flooring: Tile,Vinyl,Wood
- Fireplace features: Gas Log,Living Room,Propane,Other - See Remarks
- Attic: Pull Down Stairs
- Finished area below ground: 950
- Finished area above ground: 2,413
Flex Space
- Level: Basement
Heating & Cooling
- Heating features: Electric,Heat Pump,Propane
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 2,413
- Total interior livable area: 3,363 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Laundry
- Level: 2nd Living Quarters
Living Room
- Level: Main
Living Room
- Level: 2nd Living Quarters
Other
- Level: 2nd Living Quarters
Other
- Level: Basement
Primary Bedroom
- Level: Main
Utility Room
- Level: Basement
Workshop
- Level: Basement
Property
Accessibility
- Accessibility features: Bath Grab Bars,Roll-In Shower,Zero-Grade Entry
Details
- Parcel number: 4730725042.000
- Zoning: R-20
- Special condition: Estate
- Other equipment: Generator
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck,Patio,Screened,Side Porch,Wrap Around
- Has view: Yes
- View description: Long Range,Water,Year Round
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Boat Lift,Boat Ramp,Covered structure,Dock,Paddlesport Launch Site,Pier,Waterfront
- Waterbody name: Lake Norman
Lot
- Lot size: 0.98 Acres
- Features: Cleared,Rolling Slope,Wooded,Views
- Lot size dimensions: 167 x 259 x 178 x 238
Parking
- Total spaces: 5
- Parking features: Attached Carport,Circular Driveway,Driveway,Attached Garage,Garage Door Opener,Garage Faces Side,Garage on Main Level
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 5
- Has uncovered spaces: Yes
- Carport: Yes
- Carport spaces: 2
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
- Inland Flooding
- Ice Storm
- Cold Wave
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Iredell County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,090 | $97,080 |
| Home Insurance * | $585 | $7,020 |
| Property Taxes | $810 | $9,720 |
| Electricity | $313 | $3,758 |
| Total | $9,798 | $117,576 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Listed for sale | $1,600,000 |
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