This exceptional Lake Norman waterfront investment property in Troutman, NC offers a rare opportunity to own a proven income-producing short-term rental with no HOA restrictions and the ability to continue operating as a vacation rental. With 4 bedrooms, 5 full baths, 1 half bath, and over 7,000 square feet, there is ample room for large groups and multiple families to gather while still enjoying privacy and space. In addition to the four bedrooms, the home features multiple flex rooms currently utilized as additional sleeping areas, allowing the property to comfortably accommodate up to 20 guests.
Designed with entertaining and guest comfort in mind, the home features two full kitchens, multiple living and recreation areas, and expansive gathering spaces throughout. A covered boat slip conveys with the property, providing direct access to Lake Norman, while nearby boat rental options allow guests to easily enjoy the water. Outdoor amenities include a lakeside firepit area, paddleboard and canoe storage, and plenty of room to relax and take in the waterfront setting.
Offered fully furnished and turnkey, the sale includes all furniture, bed and bath linens, kitchen appliances, cookware, utensils, and entertainment amenities including a foosball table, pool table, and ping pong table. Future scheduled tenant bookings will convey with the property, allowing the next owner to step into immediate rental income.
The home has been well maintained and includes numerous updates: five HVAC systems, with one AC unit replaced in July 2024 and a heat pump replaced in June 2023; septic pumped in August 2025; well replaced in 2020 (per previous owner); water heater replaced in 2020 (per previous seller); and two mattresses replaced in 2025. The roof is approximately 2010 (per previous owner).
Situated on approximately 0.8 acres, this unique Lake Norman property combines waterfront recreation, strong investment potential, and relaxed lake living. Whether you're seeking a vacation rental business, a second home, or a private retreat with room for everyone, this property delivers a rare blend of lifestyle and income opportunity.
Active
$2,100,000
113 Tinker Pl, Troutman, NC 28166
4beds
7,624sqft
Single Family Residence
Built in 1985
0.8 Acres Lot
$1,968,100 Zestimate®
$275/sqft
$-- HOA
What's special
- 85 days |
- 673 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Renee Hornor renee@hornorrealty.com,
Premier South
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4384005
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
Bedroom s
- Level: Main
Bedroom s
- Level: Basement
Bedroom s
- Level: Basement
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: Basement
Bathroom full
- Level: Basement
Other
- Level: Basement
Den
- Level: Main
Dining area
- Level: Main
Dining room
- Level: Basement
Family room
- Level: Basement
Great room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Office
- Level: Main
Sunroom
- Level: Main
Sunroom
- Level: Basement
Utility room
- Level: Basement
Heating
- Electric, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator with Ice Maker, Washer/Dryer
- Laundry: Electric Dryer Hookup, Inside, Main Level
Features
- Soaking Tub, Kitchen Island, Walk-In Closet(s)
- Windows: Insulated Windows
- Basement: Finished,Interior Entry,Storage Space,Walk-Out Access
- Fireplace features: Family Room
Interior area
- Total structure area: 4,901
- Total interior livable area: 7,624 sqft
- Finished area above ground: 4,901
- Finished area below ground: 2,723
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Front Porch, Wrap Around
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Slip (Deed), Waterfront
- Body of water: Lake Norman
Lot
- Size: 0.8 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 4629520270.000
- Zoning: R20
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Partial, Fiber Cement
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: None
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Crescent Land & Timber
Location
- Region: Troutman
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $1,343,040
- Annual tax amount: $8,118
- Date on market: 5/29/2026
- Cumulative days on market: 85 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Concrete, Gravel
Estimated market value
$1,968,100
$1.87M - $2.07M
$3,782/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2026 | Listed for sale | $2,100,000+36.4%$275/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4384005 Report a problem | ||
| 8/31/2023 | Sold | $1,540,000-3.8%$202/sqft |
Source: Canopy MLS as distributed by MLS GRID #4044227 Report a problem | ||
| 8/22/2023 | Listed for sale | $1,600,000+78%$210/sqft |
Source: Canopy MLS as distributed by MLS GRID #4044227 Report a problem | ||
| 4/13/2015 | Listing removed | $899,000$118/sqft |
Source: Carolina Living Real Estate Report a problem | ||
| 4/6/2015 | Listing removed | $2,900 |
Source: Carolina Living Real Estate #3031713 Report a problem | ||
| 4/6/2015 | Listed for sale | $899,000+40.7%$118/sqft |
Source: Carolina Living Real Estate #3040133 Report a problem | ||
| 1/26/2015 | Price change | $2,900-17.1% |
Source: Carolina Living Real Estate #3031713 Report a problem | ||
| 8/29/2014 | Listed for rent | $3,500 |
Source: Carolina Living Real Estate #3031713 Report a problem | ||
| 9/28/2006 | Sold | $639,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,118 | $1,343,040 |
| 2024 | $8,118 | $1,343,040 |
| 2023 | $8,118 +46.6% | $1,343,040 +56.3% |
| 2022 | $5,540 +1.7% | $859,540 |
| 2021 | $5,450 | $859,540 |
| 2020 | $5,450 +4.1% | $859,540 |
| 2019 | $5,235 +12.9% | $859,540 +12.1% |
| 2018 | $4,635 | $766,990 |
| 2017 | $4,635 | $766,990 |
| 2016 | $4,635 | $766,990 |
| 2015 | $4,635 +3% | $766,990 -5.2% |
| 2014 | $4,500 | $808,800 |
| 2013 | -- | $808,800 |
| 2012 | -- | $808,800 |
| 2011 | -- | $808,800 +4% |
| 2010 | -- | $778,020 |
| 2009 | -- | $778,020 +11.7% |
| 2008 | -- | $696,380 +57.4% |
| 2007 | -- | $442,550 +26.4% |
| 2006 | -- | $350,050 |
| 2005 | -- | $350,050 |
| 2004 | -- | $350,050 +0.3% |
| 2003 | -- | $348,970 +43.6% |
| 2002 | -- | $242,950 |
| 2001 | -- | $242,950 +1.2% |
| 2000 | -- | $240,060 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28166
Nearby schools
GreatSchools rating
- 6/10Troutman Elementary SchoolGrades: PK-5Distance: 5.2 mi
- 2/10Troutman Middle SchoolGrades: 6-8Distance: 5.1 mi
- 5/10South Iredell High SchoolGrades: 9-12Distance: 5.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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