Yates Realty
120 Shady Cove Road, Troutman, NC

120 Shady Cove Road

Troutman, NC 28166

$1,600,000

Active

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!

The details

MLS number
4377254
Status
Active
Property type
Single Family Residence
Bedrooms
4
Bathrooms
5
Living area
3,363 sq ft
Lot
0.985 acres
Year built
1966
Levels
One
Garage
Yes
Subdivision
Shady Cove
County
Iredell County
Waterfront
Yes
Days on market
9

Facts and features

Interior

Bedrooms by level
Main 3, Basement 1
Full bathrooms by level
Main 3, Basement 2
Cooling
Ceiling Fan(s), Central Air
Basement
Yes
Fireplace
Yes
Heating
  • Electric
  • Heat Pump
  • Propane
Appliances
  • Bar Fridge
  • Dishwasher
  • Electric Cooktop
  • Electric Oven
  • Electric Range
  • Electric Water Heater
  • Exhaust Hood
  • Microwave
  • Self Cleaning Oven
  • Wall Oven
Laundry
  • Electric Dryer Hookup
  • In Basement
  • Laundry Closet
  • Laundry Room
  • Main Level
  • Multiple Locations
  • Sink
  • Washer Hookup
Interior features
  • Attic Stairs Pulldown
  • Open Floorplan
  • Pantry
  • Storage
  • Walk-In Closet(s)
Flooring
  • Tile
  • Vinyl
  • Wood
Basement features
  • Apartment
  • Basement Garage Door
  • Basement Shop
  • Exterior Entry
  • Full
  • Interior Entry
  • Partially Finished
  • Storage Space
Fireplace features
  • Gas Log
  • Living Room
  • Propane
  • Other - See Remarks

Rooms

RoomFeatures
Main
Primary Bedroom
Bathroom-Full
Bedroom(s)
Bathroom-Full
Laundry
Bedroom(s)
Bathroom-Full
Kitchen
Breakfast
Living Room
Dining Room
Basement
2nd Living Quarters
Utility Room
Workshop
Bathroom-Full
Flex Space
2nd Living Quarters
Living Room
2nd Kitchen
Bedroom(s)
Bathroom-Full
Laundry

Square footage

Above grade finished area
2,413 sq ft
Below grade finished area
950 sq ft
Main level area
2,413 sq ft
Upper level area
0 sq ft
Lower level area
0 sq ft
Third level area
0 sq ft
Garage area
1,027 sq ft
Unheated area
1,208 sq ft
Total heated living area
3,363 sq ft

Property

Garage spaces
3
Carport spaces
2
Open parking
No
Main level garage
Yes
Levels
One
Exterior features
Dock - Floating
Body of water
Lake Norman
Lot dimensions
167x259x178x238
Parcel number
4730-72-5042.000
Zoning
R-20
Zoning description
R20
Special conditions
Estate
Parking
  • Attached Carport
  • Circular Driveway
  • Driveway
  • Attached Garage
  • Garage Door Opener
  • Garage Faces Side
Patio and porch
  • Covered
  • Deck
  • Patio
  • Screened
  • Side Porch
  • Wrap Around
View
  • Long Range
  • Water
  • Year Round
Waterfront features
  • Boat Lift
  • Boat Ramp
  • Covered structure
  • Dock
  • Paddlesport Launch Site
  • Pier
Lot features
  • Cleared
  • Rolling Slope
  • Wooded
  • Views
  • Waterfront

Construction

Property sub type
Single Family Residence
Construction type
Site Built
Architectural style
Ranch
Construction materials
Brick Full
Foundation
Basement
Roof
Composition
New construction
No
Year built
1966

Utilities

Sewer
Septic Installed
Water source
Well

Community and HOA

Community features
None
Subdivision
Shady Cove
Has an association
No
Subject to HOA
None
City taxes paid to
No City Taxes Paid

Financial and listing details

Price per square foot
$476 per sq ft (computed)
Tax assessed value
$747,760
Date on market
May 7, 2026
Cumulative days on market
9
Listing updated
May 16, 2026
Road surface
  • Asphalt
  • Concrete
  • Paved

Price history for this listing

Last change
New Listing
Last changed on
May 7, 2026

Virtual tour for this listing

Listing information

Listed by Keller Williams Unified

Listing agent: Karen Sheffield

Email: karensheffield@kw.com

MLS number 4377254 · Active

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