188 Sagemore Road
Mooresville, NC 28117
$2,295,000
Active
- 4 bedrooms
- 6 bathrooms
- 2,585 sq ft
- 0.72 acre lot
- built 1967
About this home
A Rare Opportunity to Own a Fully Reimagined Lake Norman Waterfront Compound! Completely transformed to meet today's lifestyle, this exceptional Lake Norman property offers the perfect blend of luxury, flexibility, and income potential on approximately 165 feet of spectacular waterfront. The thoughtfully designed Multi-Generational Suite and separate Airbnb were completed in 2021, creating exceptional flexibility for extended family, guests, or private living quarters. The Airbnb has since become the highly rated "Tranquility Cove," an established 5-Star VRBO loved by guests for its peaceful lakefront setting and outstanding accommodations. In 2026, the original residence underwent an extensive renovation, beautifully blending modern finishes with timeless Modern Farmhouse design. The result is a home that lives like new while maintaining the character and charm of its exceptional Lake Norman setting. Altogether, the property offers three kitchens, three spacious living areas, four full bathrooms, two half bathrooms, two fireplaces, and a three-car garage, making it ideal for large families, multi-generational living, entertaining, or those seeking flexible living arrangements. Outside, the experience continues with expansive Trex decking, an incredible backyard, approximately 165 feet of shoreline, a private dock with electricity, lighting, and boat lift, plus a sandy beach and kayak launch, creating your own private waterfront retreat. Whether you're looking for a luxury primary residence, a family compound, a weekend getaway, or a home with established income potential, opportunities like this are incredibly rare on Lake Norman. PROPERTY HIGHLIGHTS • Extensive renovation of the original home completed in 2026 • Multi-Generational Suite completed in 2021 • Separate Accessory Dwelling Unit completed in 2021 • Established 5-Star VRBO, "Tranquility Cove" • Approximately 165 feet of waterfront • Three kitchens • Three living areas • Four full bathrooms and two half bathrooms • Two fireplaces • Three-car garage • Private dock with electricity, lighting, and boat lift • Sandy beach and kayak launch • Expansive Trex decking and beautifully designed outdoor living spaces This isn't simply another waterfront home. It's a fully reimagined Lake Norman property offering luxury living, remarkable flexibility, and endless possibilities. Don’t miss seeing the property!
The details
- MLS number
- 4412341
- Status
- Active
- Property type
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 4 full, 2 half
- Living area
- 2,585 sq ft
- Lot
- 0.72 acres
- Year built
- 1967
- Levels
- Three
- Garage
- Yes
- Subdivision
- None
- County
- Iredell County
- Waterfront
- Yes
- Days on market
- 31
- Originally listed at
- $2,495,000
Facts and features
Interior
- Bedrooms by level
- Main 1, Upper 2
- Full bathrooms by level
- Main 2
- Half bathrooms by level
- Main 1, Upper 1
- Heating
- Heat Pump
- Cooling
- Central Air
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Windows
- Insulated Window(s)
- Basement
- Yes
- Basement features
- Finished
- Fireplace
- Yes
- Appliances
- Dishwasher
- Disposal
- Electric Range
- Electric Water Heater
- Exhaust Fan
- Interior features
- Built-in Features
- Cable Prewire
- Elevator
- Open Floorplan
- Pantry
- Fireplace features
- Family Room
- Fire Pit
- Gas Log
- Wood Burning Stove
Rooms
| Room | Features |
|---|---|
| Main | |
| Kitchen | |
| Breakfast | |
| Bathroom-Full | |
| Family Room | |
| Family Room | |
| Breakfast | |
| Kitchen | |
| Bathroom-Full | |
| Bathroom-Half | |
| Bedroom(s) | |
| Upper | |
| Bedroom(s) | |
| 2nd Living Quarters | |
| Bedroom(s) | |
| Family Room | |
| Breakfast | |
| Bathroom-Full | |
| Bathroom-Full | |
| Third | |
| Flex Space | |
Square footage
- Above grade finished area
- 2,585 sq ft
- Below grade finished area
- 0 sq ft
- Main level area
- 1,950 sq ft
- Upper level area
- 500 sq ft
- Lower level area
- 0 sq ft
- Third level area
- 135 sq ft
- Unheated area
- 825 sq ft
- Total heated living area
- 3,600 sq ft
Property
- Garage spaces
- 3
- Parking
- Driveway, Attached Garage
- Open parking
- No
- Main level garage
- Yes
- Levels
- Three
- Fencing
- Back Yard
- View
- Water, Year Round
- Body of water
- Lake Norman
- Lot features
- Waterfront
- Parcel number
- 4638-96-5800.000
- Zoning
- R-1
- Zoning description
- Residential
- Patio and porch
- Deck
- Enclosed
- Patio
- Rear Porch
- Screened
- Exterior features
- Elevator
- Fire Pit
- Dock - Floating
- In-Ground Irrigation
- Storage
- Waterfront features
- Beach - Private
- Boat Lift
- Boat Ramp
- Boat Slip (Deed)
- Dock
- Pier
- Retaining Wall
Construction
- Property sub type
- Single Family Residence
- Construction type
- Site Built
- Architectural style
- Farmhouse
- Construction materials
- Block, Wood
- Foundation
- Basement, Slab
- Roof
- Architectural Shingle
- New construction
- No
- Year built
- 1967
Utilities
- Sewer
- Septic Installed
- Water source
- Well
- Utilities
- Cable Connected, Electricity Connected
Community and HOA
- Community features
- None
- Subdivision
- None
- Has an association
- No
- Subject to HOA
- None
- City taxes paid to
- No City Taxes Paid
Financial and listing details
- Price per square foot
- $888 per sq ft (computed)
- Tax assessed value
- $1,216,690
- Date on market
- August 11, 2026
- Cumulative days on market
- 31
- Road surface
- Concrete, Paved
- Listing updated
- September 11, 2026
Price history for this listing
- Original list price
- $2,495,000
- Previous list price
- $2,495,000
- Price changed
- August 28, 2026
- Last change
- Price Change
- Last changed on
- August 28, 2026
Listing information
Listed by EXP Realty LLC Mooresville
Listing agent: Julie Horton
Email: jdhjulie@gmail.com
MLS number 4412341 · Active
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