Yates Realty
388 Ponderosa Circle, Mooresville, NC

388 Ponderosa Circle

Mooresville, NC 28117

$1,899,000

Active

About this home

Experience breathtaking sunsets and serene waterfront living in this beautifully renovated Lake Norman retreat, ideally situated just around the bend from the main channel. This exceptional property offers the rare advantage of no HOA and permits short-term rentals, making it perfect as a primary residence, vacation home, or investment opportunity. The home has been completely renovated and features a stunning chef’s kitchen equipped with premium Wolf appliances, along with a luxurious primary suite showcasing a spa-inspired bath. Two additional bedrooms, a full bath, and a half bath complete the main level. The finished basement serves as a fully functional second living quarters, offering a second kitchen with bar seating, a spacious living area, a bedroom, a full bath, and ample storage—ideal for guests, multi-generational living, or rental income potential. Enjoy effortless lake access with your own private floating dock and private boat ramp. Outdoor living is exceptional, featuring a screened porch, an upper-level deck, and underdecking that creates a covered walkout patio below—perfect for relaxing or entertaining year-round. An in-ground irrigation system adds convenience and ease of maintenance. Conveniently located near I-77 and just minutes from dining and shopping, this home offers luxury, flexibility, and the ultimate Lake Norman lifestyle.

The details

MLS number
4418212
Status
Active
Property type
Single Family Residence
Bedrooms
3
Bathrooms
2 full, 1 half
Living area
3,560 sq ft
Lot
0.52 acres
Year built
1998
Levels
One
Garage
Yes
Subdivision
Lake Norman Bonanza
County
Iredell County
Waterfront
Yes
Days on market
25

Facts and features

Interior

Bedrooms by level
Main 3
Full bathrooms by level
Main 2
Half bathrooms by level
Main 1
Heating
Heat Pump
Cooling
Ceiling Fan(s), Central Air
Basement
Yes
Fireplace
No
Appliances
  • Dishwasher
  • Exhaust Hood
  • Gas Range
Laundry
  • Inside
  • Laundry Room
  • Main Level
Interior features
  • Kitchen Island
  • Open Floorplan
  • Split Bedroom
  • Walk-In Closet(s)
Flooring
  • Carpet
  • Tile
  • Vinyl
  • Wood
Basement features
  • Basement Shop
  • Exterior Entry
  • Finished
  • Interior Entry
  • Storage Space
  • Walk-Out Access

Rooms

RoomFeatures
Main
Primary Bedroom
Living Room
Dining Room
Kitchen
Bathroom-Full
Bathroom-Half
Bedroom(s)
Bedroom(s)
Basement
Family Room
Recreation Room
Bedroom(s)
Bar/Entertainment

Square footage

Above grade finished area
1,773 sq ft
Below grade finished area
1,787 sq ft
Main level area
1,773 sq ft
Upper level area
0 sq ft
Lower level area
0 sq ft
Third level area
0 sq ft
Garage area
447 sq ft
Unheated area
0 sq ft
Total heated living area
3,560 sq ft

Property

Garage spaces
2
Open parking
No
Main level garage
Yes
Levels
One
Patio and porch
Deck
Exterior features
In-Ground Irrigation
View
Year Round
Waterfront features
Boat Ramp, Dock
Body of water
Lake Norman
Lot features
Views, Waterfront
Parcel number
4646-32-2835.000
Zoning description
R20
Parking
  • Driveway
  • Attached Garage
  • Garage Faces Side

Construction

Property sub type
Single Family Residence
Construction type
Site Built
Construction materials
Brick Full
Foundation
Basement
New construction
No
Year built
1998

Utilities

Sewer
Septic Installed
Water source
Well

Community and HOA

Subdivision
Lake Norman Bonanza
Has an association
No
Subject to HOA
None
City taxes paid to
No City Taxes Paid

Financial and listing details

Price per square foot
$533 per sq ft (computed)
Tax assessed value
$730,210
Date on market
August 28, 2026
Cumulative days on market
25
Road surface
Concrete, Paved
Listing updated
September 22, 2026

Price history for this listing

Original list price
$1,899,000
Last change
New Listing
Last changed on
August 28, 2026

Listing information

Listed by EXP Realty LLC Mooresville

Listing agent: Jim Bramhall

Email: jim@jimbramhall.com

MLS number 4418212 · Active

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