219 Penicillin Point
Troutman, NC 28166
$1,935,000
Pending
- 2 bedrooms
- 4 bathrooms
- 4,154 sq ft
- 0.46 acre lot
- built 1967
About this home
Wake up every morning to lake views and end every evenings around the firepit. Perfectly positioned on the shores of Lake Norman, this updated waterfront home offers the rare combination of luxury, comfort, and proven investment potential. Currently operating as a successful vacation rental (over 180K per year), this property has been thoughtfully updated inside and out, making it equally suited as a full-time residence, weekend retreat, or income-producing investment. This home also comes fully furnished to continue as an investment or vacation home. Recent improvements include a beautifully renovated interior, freshly painted exterior, a brand-new dock, and an expansive screened porch designed for year-round enjoyment. With five spacious sleeping areas, every guest wakes up to breathtaking water views. Whether you're hosting large family gatherings or maximizing rental income, the layout was designed to bring everyone together while still providing plenty of privacy. One of the home's most unforgettable features is the incredible crow's nest, where panoramic 365-degree views stretch across Lake Norman and the surrounding landscape. It's an inspiring space for a home office, fitness room, art studio, reading retreat, or simply a quiet place to enjoy your morning coffee above the treetops. Designed for effortless indoor-outdoor living, the home offers multiple lakeside decks, an oversized screened porch with soaring wood ceilings, generous outdoor entertaining areas, and an inviting firepit just steps from the water. Spend your days boating, paddleboarding, swimming, or simply relaxing while taking in some of the best waterfront scenery Lake Norman has to offer. Homes has 4 BRS but septic permit has 2.
The details
- MLS number
- 4404906
- Status
- Pending
- Property type
- Single Family Residence
- Bedrooms
- 2
- Bathrooms
- 4
- Living area
- 4,154 sq ft
- Lot
- 0.46 acres
- Year built
- 1967
- Levels
- Two and a Half
- Garage
- Yes
- Subdivision
- Lakeview Acres
- County
- Iredell County
- Waterfront
- Yes
- Days on market
- 35
Facts and features
Interior
- Bedrooms by level
- Upper 1, Basement 1
- Full bathrooms by level
- Main 2, Upper 1, Basement 1
- Laundry
- Main Level
- Basement
- Yes
- Basement features
- Finished, Walk-Out Access
- Fireplace
- Yes
- Heating
- Forced Air
- Heat Pump
- Natural Gas
- Cooling
- Ceiling Fan(s)
- Central Air
- Heat Pump
- Appliances
- Bar Fridge
- Dishwasher
- Gas Cooktop
- Gas Water Heater
- Wine Refrigerator
- Interior features
- Breakfast Bar
- Cable Prewire
- Central Vacuum
- Drop Zone
- Elevator
- Kitchen Island
- Open Floorplan
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Flooring
- Carpet
- Tile
- Wood
- Fireplace features
- Electric
- Great Room
- Porch
Rooms
| Room | Features |
|---|---|
| Main | |
| Great Room | |
| Dining Room | |
| Bathroom-Full | |
| Breakfast | |
| Laundry | |
| Sitting | |
| Bed/Bonus | |
| Bed/Bonus | |
| Bathroom-Full | |
| Upper | |
| Primary Bedroom | |
| Bathroom-Full | |
| Sitting | |
| Third | |
| Bonus Room | |
| Basement | |
| Bar/Entertainment | |
| Bathroom-Full | |
| Bedroom(s) | |
| Bonus Room | |
| Media Room | |
| Workshop | |
| Bedroom(s) | |
Square footage
- Above grade finished area
- 2,814 sq ft
- Below grade finished area
- 1,340 sq ft
- Main level area
- 1,527 sq ft
- Upper level area
- 1,137 sq ft
- Lower level area
- 0 sq ft
- Third level area
- 150 sq ft
- Unheated area
- 0 sq ft
- Total heated living area
- 4,154 sq ft
Property
- Garage spaces
- 2
- Open parking
- No
- Main level garage
- Yes
- Levels
- Two and a Half
- View
- Long Range, Water
- Body of water
- Lake Norman
- Lot features
- Cul-De-Sac, Waterfront
- Parcel number
- 4629-50-6596.000
- Zoning description
- R20
- Special conditions
- Subject to Lease
- Parking
- Attached Garage
- Garage Door Opener
- Keypad Entry
- Patio and porch
- Deck
- Patio
- Rear Porch
- Screened
- Side Porch
- Exterior features
- Above Ground Hot Tub / Spa
- Elevator
- Fire Pit
- Dock - Floating
- Hot Tub
- In-Ground Irrigation
- Waterfront features
- Covered structure
- Dock
- Pier
Construction
- Property sub type
- Single Family Residence
- Construction type
- Site Built
- Construction materials
- Brick Partial
- Foundation
- Basement
- Roof
- Architectural Shingle
- New construction
- No
- Year built
- 1967
Utilities
- Sewer
- Septic Installed
- Water source
- Well
- Utilities
- Cable Available, Natural Gas
Community and HOA
- Subdivision
- Lakeview Acres
- Has an association
- No
- Subject to HOA
- None
- City taxes paid to
- No City Taxes Paid
Financial and listing details
- Price per square foot
- $466 per sq ft (computed)
- Tax assessed value
- $1,221,470
- Date on market
- August 8, 2026
- Cumulative days on market
- 37
- Road surface
- Concrete, Paved
- Listing updated
- September 14, 2026
Price history for this listing
- Original list price
- $1,935,000
- Last change
- Under Contract-No Showings
- Last changed on
- September 14, 2026
Listing information
Listed by J Meeks + Co
Listing agent: Jenifer Meeks
Email: jenifer@jmeeksandco.com
MLS number 4404906 · Pending
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