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Active
  • Price cut: $20K (9/14)
    $529,900

    117 Penicillin Point, Troutman, NC 28166

    3beds
    2,248sqft
    : 
    $3,240/mo
    Get pre-qualified
    Modular
    Built in 1997
    0.97 Acres Lot
    $515,700 Zestimate®
    $236/sqft
    $-- HOA

    What's special

    Attached above-ground poolGreat curb appealSeasonal lake viewsCustomized detached garagePlenty of privacySeparate showerLarge shade trees
    Charming Cape Cod on almost an acre in a beautiful Lake Norman lake community. Mature landscaping, large shade trees and an established setting provide great curb appeal, while the spacious lot offers plenty of room to enjoy the outdoors and plenty of privacy. Waterfront properties are just a couple of homes down the street, putting you close to the lake without the waterfront price tag. Inside, the home is bright and comfortable with a functional floor plan. The main level features a spacious great room that opens to the kitchen, a convenient primary suite and a large laundry room. The primary bath includes a soaking tub, separate shower and water closet. Upstairs are two spacious secondary bedrooms with generous closet space, along with two additional flex rooms that could be used as a guestroom, bonus, office, playroom, exercise room, or hobby space. The outdoor space is a real highlight of the property. A large back deck and covered screened-in area overlook the mature, private backyard and provide plenty of room for relaxing or entertaining. The attached above-ground pool is perfect for enjoying the warmer months. A customized detached garage adds over 800 sq ft of additional space and versatility. Built by the current owner as a dedicated space for working on a race car, the garage features multiple 220V outlets for shop equipment such as air compressors, welders and other tools. It could also be used as a workshop, hobby space or additional storage. With nearly an acre of mature landscaping and no development planned behind the property, the backyard offers a level of privacy that is hard to find. There is plenty of room for gardening, outdoor activities or simply enjoying the peaceful surroundings. Seasonal lake views are an added bonus. Located just minutes from Lake Norman State Park and the boat launch, this home offers the space and privacy of a large lot while still being close to the lake and area amenities. A great opportunity to enjoy a peaceful setting.
    12 days
    745
    61

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    David Hodson david@propertiesofthecarolinas.com,

    Properties of the Carolinas,

    Jenny Fowles,

    Properties of the Carolinas

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4418260MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Upper
      Bedroom s
      • Level: Upper
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Upper
      Bathroom half
      • Level: Main
      Bonus room
      • Level: Upper
      Flex space
      • Level: Upper
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Electric Cooktop, Microwave, Refrigerator
      • Laundry: Main Level
      Features
      • Flooring: Carpet, Laminate, Vinyl
      • Has basement: No
      Interior area
      • Total structure area: 2,248
      • Total interior livable area: 2,248 sqft
      • Finished area above ground: 2,248
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached Garage, Detached Garage, Garage on Main Level
      • Attached garage spaces: 3
      • Details: 2 car attached; 1 car detached.
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Screened
      • Pool features: Above Ground
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Body of water: Lake Norman
      Lot
      • Size: 0.97 Acres
      • Features: Wooded
      Details
      • Parcel number: 4629712914.000
      • Zoning: R20
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Modular
      Materials
      • Vinyl
      • Foundation: Crawl Space
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Crescent Land and Timber
      Location
      • Region: Troutman

      Financial & listing details

      • Price per square foot: $236/sqft
      • Tax assessed value: $444,160
      • Annual tax amount: $2,725
      • Date on market: 9/4/2026
      • Cumulative days on market: 12 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Concrete, Paved

        Estimated market value

        $515,700

        $490,000 - $541,000

        $2,402/mo

        Price history

        DateEventPrice
        9/14/2026Price change$529,900-3.6%$236/sqft
        Source: Canopy MLS as distributed by MLS GRID #4418260 Report a problem
        9/4/2026Listed for sale$549,900+37.5%$245/sqft
        Source: Canopy MLS as distributed by MLS GRID #4418260 Report a problem
        8/30/2021Sold$400,000$178/sqft
        Source: Canopy MLS as distributed by MLS GRID #3741480 Report a problem
        7/19/2021Pending sale$400,000$178/sqft
        Source: Canopy MLS as distributed by MLS GRID #3741480 Report a problem
        7/15/2021Listed for sale$400,000$178/sqft
        Source: Canopy MLS as distributed by MLS GRID #3741480 Report a problem
        6/28/2021Contingent$400,000$178/sqft
        Source: Canopy MLS as distributed by MLS GRID #3741480 Report a problem
        6/26/2021Listed for sale$400,000$178/sqft
        Source: Canopy MLS as distributed by MLS GRID #3741480 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,725 $444,160
        2024$2,725 $444,160
        2023$2,725 +68.5%$444,160 +81.9%
        2022$1,617 +9%$244,190 +7.4%
        2021$1,483 $227,390
        2020$1,483 +4%$227,390
        2019$1,426 +21.5%$227,390 +21.1%
        2018$1,174 $187,780
        2017$1,174 $187,780
        2016$1,174 $187,780
        2015$1,174 +4.5%$187,780 -3.7%
        2014$1,124 $194,900 +14.7%
        2013-- $169,900
        2012-- $169,900
        2011-- $169,900 -7.6%
        2010-- $183,970
        2009-- $183,970
        2008-- $183,970
        2007-- $183,970 +8.6%
        2006-- $169,420
        2005-- $169,420
        2004-- $169,420
        2003-- $169,420 +10.1%
        2002-- $153,810
        2001-- $153,810
        2000-- $153,810
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28166

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Troutman
        • Middle: Troutman
        • High: South Iredell

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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