Discover lakeside elegance in this Charleston-style Saussy Burbank home in Water Oak’s coveted lakefront enclave, where homes rarely come to market. Across the street, a preserved natural corridor alive with birds & wildlife stretches toward Lake Norman, creating a serene backdrop visible from two covered rocking chair front porches. With no homes directly across the street, this residence enjoys a unique blend of privacy and tranquility in one of the neighborhood’s most desirable settings. Step inside to a gracious foyer, grand staircase, 10' ceilings & hardwood floors. A dining rm & versatile living rm (an ideal home office) lead into the heart of the home, where the family rm, breakfast area & spacious chef’s kitchen come together seamlessly. The kitchen is a true showstopper, featuring an oversized island, walk-in pantry & extra wall of cabinets, offering generous storage/prep space for effortless cooking and entertaining. Upstairs, the spacious primary suite serves as a luxurious, peaceful retreat, while one of the 3 additional BRs has been converted into a fully equipped home theater for a true cinematic movie experience at home—just bring the popcorn! A cozy landing leads to the upper balcony, your private perch for morning coffee with a view. A patio & gazebo surrounded by fountains and seasonal plantings create a private oasis for relaxation and get-togethers. Detached two-car garage, newer roof & 1st level HVAC (both 2023) & home generator offer added convenience and peace of mind. Water Oak is a sought-after community with tree-lined streets, sidewalks & charming architecture. Residents enjoy an outdoor pool, splash pad, covered pavilion, playground & kayak/paddleboard launch. The Village at Byers Creek is right next door for daily essentials, with I-77 & additional shopping and dining just minutes away. With its lakefront location, privacy & proximity to area amenities, Water Oak offers the best in lakeside living and everyday convenience.
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$575,000
138 Gresham Ln, Mooresville, NC 28117
4beds
2,893sqft
Single Family Residence
Built in 2004
0.14 Acres Lot
$571,200 Zestimate®
$199/sqft
$2,680 Estimated rent
Home value
$571,200
$526,000 - $617,000
$2,680/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jenny McCarver jenny@hendrixproperties.com,
Hendrix Properties,
Chad Hendrix,
Hendrix Properties
Bought with:
Eric Maynard
Keller Williams Unified
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4319999
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Features: Garden Tub, Storage
- Level: Upper
Bathroom full
- Features: Storage
- Level: Upper
Bathroom half
- Level: Main
Breakfast
- Level: Main
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Features: Kitchen Island, Open Floorplan, Storage, Walk-In Pantry
- Level: Main
Laundry
- Features: Storage
- Level: Main
Living room
- Level: Main
Media room
- Level: Upper
Other
- Level: Upper
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Tankless Water Heater
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Soaking Tub, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s), Walk-In Pantry
- Flooring: Carpet, Tile, Wood
- Doors: Screen Door(s)
- Has basement: No
- Attic: Pull Down Stairs
- Fireplace features: Family Room, Gas Log
Interior area
- Total structure area: 2,893
- Total interior livable area: 2,893 sqft
- Finished area above ground: 2,893
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Detached Garage, Garage Door Opener, Garage Faces Rear, Keypad Entry, Parking Space(s), Garage on Main Level
- Garage spaces: 2
- Uncovered spaces: 1
- Details: 2-car detached garage in the rear and 1 parking space in the driveway.
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered, Front Porch, Patio
- Pool features: Community
- Fencing: Fenced,Full
- Has view: Yes
- View description: Water, Winter
- Has water view: Yes
- Water view: Water
- Waterfront features: Paddlesport Launch Site - Community
- Body of water: Lake Norman
Lot
- Size: 0.14 Acres
- Features: Wooded, Views
Details
- Additional structures: Gazebo
- Parcel number: 4637991980.000
- Zoning: CM
- Special conditions: Standard
- Other equipment: Generator, Generator Hookup, Surround Sound
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Charleston
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2004
Details
- Builder name: Saussy Burbank
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Connected, Wired Internet Available
Community & HOA
Community
- Features: Cabana, Lake Access, Playground, Pond, Sidewalks, Street Lights
- Subdivision: Water Oak
HOA
- Has HOA: Yes
- HOA fee: $170 quarterly
- HOA name: Kuester Management
- HOA phone: 803-802-0004
- Second HOA name: https://www.wateroaklkn.com/
Location
- Region: Mooresville
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $483,510
- Annual tax amount: $5,020
- Date on market: 11/21/2025
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional
- Exclusions: Eufy doorbell camera, mounted cabinet in powder rm, wall clock over laundry door & wall mounted vacuum in laundry
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $575,000-2.5%$199/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4319999 Report a problem | ||
| 11/21/2025 | Listed for sale | $589,900+126.9%$204/sqft |
Source: Canopy MLS as distributed by MLS GRID #4319999 Report a problem | ||
| 1/13/2014 | Sold | $260,000-8.7%$90/sqft |
Source: Canopy MLS as distributed by MLS GRID #2133363 Report a problem | ||
| 8/16/2013 | Price change | $284,900-1.6%$98/sqft |
Source: Coldwell Banker United, Realtors #2133363 Report a problem | ||
| 7/7/2013 | Price change | $289,500-0.2%$100/sqft |
Source: Coldwell Banker United, Realtors #2133363 Report a problem | ||
| 2/19/2013 | Listed for sale | $290,000-7.3%$100/sqft |
Source: Sandion d/b/a Coldwell Banker United Realtors #2133363 Report a problem | ||
| 8/7/2007 | Sold | $313,000+0.2%$108/sqft |
Source: Public Record Report a problem | ||
| 5/6/2005 | Sold | $312,500$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,020 +1.2% | $483,510 |
| 2024 | $4,960 +0.5% | $483,510 |
| 2023 | $4,936 +40.7% | $483,510 +62.4% |
| 2022 | $3,508 +0.1% | $297,810 |
| 2021 | $3,504 | $297,810 |
| 2020 | $3,504 +0.9% | $297,810 |
| 2019 | $3,474 +11.7% | $297,810 +12.3% |
| 2018 | $3,109 | $265,230 |
| 2017 | $3,109 +2% | $265,230 |
| 2016 | $3,049 | $265,230 |
| 2015 | $3,049 -2.1% | $265,230 -4.8% |
| 2014 | $3,115 | $278,570 |
| 2013 | -- | $278,570 |
| 2012 | -- | $278,570 |
| 2011 | -- | $278,570 +4.9% |
| 2010 | -- | $265,650 |
| 2009 | -- | $265,650 |
| 2008 | -- | $265,650 |
| 2007 | -- | $265,650 +29.6% |
| 2006 | -- | $204,980 |
| 2005 | -- | $204,980 |
| 2004 | -- | $204,980 |
Find assessor info on the county website
Neighborhood: 28117
Nearby homes
- $483,3003 bd2 ba2.2k sqft134 Gresham Ln, Mooresville, NC 28117Off Market
- $520,4004 bd3 ba2.8k sqft142 Gresham Ln, Mooresville, NC 28117Off Market
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- $467,9003 bd3 ba2.4k sqft197 Water Oak Dr, Mooresville, NC 28117Off Market
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- $540,5004 bd3 ba3.1k sqft193 Water Oak Dr, Mooresville, NC 28117Off Market
- $537,6004 bd4 ba3k sqft150 Gresham Ln, Mooresville, NC 28117Off Market
Nearby schools
GreatSchools rating
- 6/10Lakeshore Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Lakeshore Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Lake Norman High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Lakeshore
- Middle: Lakeshore
- High: Lake Norman
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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Estimated market value
$571,200
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Estimated market value
$571,200
- North Carolina
- Iredell County
- Mooresville
- 28117
- 138 Gresham Ln
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