Yates Realty
615 Kenway Loop, Mooresville, NC

615 Kenway Loop

Mooresville, NC 28117

$2,290,000

Active

About this home

ULTIMATE LAKE NORMAN GOLDEN UNICORN — UNBEATABLE $416/SQ FT VALUE FOR A LUXURY PRIMARY RESIDENCE OR SHORT TERM RENTAL COMPOUND.Positioned on a rare, completely flat 1.24-acre point lot, this estate commands an unparalleled 351 feet of pristine, unobstructed shoreline paired with a private sandy beach. Aggressively adjusted to deliver an unmatched value-driven price per square foot for the area, this property features NO HOA—offering a dream primary sanctuary of total design freedom or a high-yield luxury short-term rental powerhouse. The resort-style grounds feature a grand main brick residence, a private pool with a brand-new pool liner, and a detached, standalone 733 sq ft luxury guest/pool house built in 2017—perfect for multi-generational living, an executive home office, or premium guest quarters. To maximize the home's open-concept layout and panoramic views, the owner—an agency principal and professional interior designer—has provided a masterful concept rendering to eliminate the main level's central keeping room wall. This design seamlessly opens the space into a sweeping, sun-drenched entertainer’s layout and culinary kitchen, pulling lake views deep into the home's core. Spanning 5,496 total heated square feet with low Iredell County taxes and a 4-bedroom septic permit, this estate comfortably absorbs customization costs while leaving massive immediate equity on the table. Capitalize on a built-in renovation credit, live in the turn-key secondary quarters while updating the main level, and secure an irreplaceable piece of flat Lake Norman waterfront acreage at an undeniable investment baseline.

The details

MLS number
4390564
Status
Active
Property type
Single Family Residence
Bedrooms
4
Bathrooms
5 full, 1 half
Living area
4,763 sq ft
Lot
1.24 acres
Year built
1977
Levels
Two
Garage
Yes
Subdivision
none
County
Iredell County
Waterfront
Yes
Days on market
98
Originally listed at
$3,100,000

Facts and features

Interior

Bedrooms by level
Main 1, Upper 3
Full bathrooms by level
Main 1, Upper 2, Basement 1
Half bathrooms by level
Main 1
Heating
Central
Cooling
Central Air
Laundry
In Basement
Basement
Yes
Fireplace
Yes
Fireplace features
Wood Burning
Appliances
  • Bar Fridge
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Oven
  • Induction Cooktop
  • Oven
  • Refrigerator with Ice Maker
  • Washer
  • Washer/Dryer
Flooring
  • Marble
  • Hardwood
  • Tile
Basement features
  • Exterior Entry
  • Finished
  • Full
  • Interior Entry
  • Walk-Out Access

Rooms

RoomFeatures
Main
Primary BedroomEn Suite Bathroom
Bathroom-Full
Bathroom-Half
Keeping Room
Living Room
Kitchen
Dining Room
Upper
Bedroom(s)En Suite Bathroom
Bedroom(s)
Bedroom(s)
Bed/Bonus
Bathroom-Full
Bathroom-Full
Office
Basement
Family Room
Exercise Room
Flex Space
Laundry
Bathroom-Full
Utility Room
2nd Living Quarters
Bed/BonusEn Suite Bathroom
Bathroom-Full
Kitchen
Living Room
Laundry

Square footage

Above grade finished area
3,224 sq ft
Below grade finished area
1,539 sq ft
Main level area
1,616 sq ft
Upper level area
1,608 sq ft
Lower level area
0 sq ft
Third level area
0 sq ft
Unheated area
1,306 sq ft
Total heated living area
5,496 sq ft

Property

Garage spaces
4
Open parking
No
Main level garage
Yes
Levels
Two
Exterior features
Above Ground Hot Tub / Spa, Dock - Floating
View
Water
Waterfront features
Dock
Body of water
Lake Norman
Lot features
Beach Front, Waterfront
Parcel number
4638-27-9703.000
Zoning description
RR
Parking
  • Driveway
  • Attached Garage
  • Garage Faces Front
  • Garage Faces Side
Patio and porch
  • Covered
  • Deck
  • Front Porch
  • Patio
  • Rear Porch

Construction

Property sub type
Single Family Residence
Construction type
Site Built
Construction materials
Brick Full, Hard Stucco
Foundation
Basement
Roof
Architectural Shingle
New construction
No
Year built
1977

Utilities

Sewer
Septic Installed
Water source
Well
Utilities
Cable Connected, Electricity Connected

Community and HOA

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
$481 per sq ft (computed)
Tax assessed value
$1,415,860
Date on market
June 7, 2026
Cumulative days on market
98
Road surface
Concrete, Paved
Listing updated
September 13, 2026

Price history for this listing

Original list price
$3,100,000
Previous list price
$2,490,000
Price changed
September 7, 2026
Last change
Price Change
Last changed on
September 7, 2026

Listing information

Listed by FK and Associates Real Estate Firm

Listing agent: Freddy Karmatz

Email: freddy@fkandassociates.com

MLS number 4390564 · Active

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