Rare Waterfront Luxury on Lake Norman. Extraordinary opportunity to own an award-winning Cornelius lakefront home offering 99 ft pristine lakefront, stunning water views and unmatched craftsmanship. Every inch of this 5,612 sq.ft. (all above grade) was meticulously designed for luxury and livability. Enjoy a library/billiard room, exercise room & sauna, wine cellar, main-level primary suite, elevator, gourmet kitchen with fossil inlay, media room, and a 3-car garage w/ abundant storage. Style continues with a 3rd-floor studio with panoramic views, 2 indoor fireplaces & 3 upper balconies with fireplace. Resort-style outdoor kitchen, firepit, massive patio, entertaining space & covered dock. Impervious exempt lot allows for potential pool within setbacks. Smart functionality abounds w/ an in-ground irrigation system, whole-home automation, blackout shades, blinds that adjust with the sun, tankless water heater, central vac, generator, heated primary bathroom floor, Sonos audio wi/ room-by-room controls, oasis landscaping & more! Offers private deeded dock AND neighborhood community dock! Lush, professionally landscaped grounds complete this private oasis with both a deeded dock and community dock access—an unparalleled combination on Lake Norman. Tranquil and timeless, this estate radiates elegance from the moment you arrive.
Closed
$2,900,000
20428 Island Forest Dr, Cornelius, NC 28031
5beds
5,612sqft
Single Family Residence
Built in 1996
0.92 Acres Lot
$2,914,900 Zestimate®
$517/sqft
$6,237 Estimated rent
Home value
$2,914,900
$2.71M - $3.15M
$6,237/mo
Zestimate® history
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List your homeWhat's special
Private deeded dockPristine lakefrontCovered dockOasis landscapingMassive patioMedia roomWine cellar
Zillow last checked:
Listing updated:
Listed by:
Jennifer Vandersol Jennifer.Vandersol@gmail.com,
J. Lyn Signature Properties Inc.
Bought with:
Jane Debartolo
Howard Hanna Allen Tate Lake Norman
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4243921
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Other
- Features: See Remarks
- Level: Upper
Breakfast
- Level: Main
Dining room
- Level: Main
Exercise room
- Level: Upper
Kitchen
- Level: Main
Loft
- Level: Third
Media room
- Level: Upper
Other
- Level: Main
Heating
- Central, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Natural Gas
Cooling
- Attic Fan, Ceiling Fan(s), Central Air, Humidity Control, Multi Units, Zoned
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Down Draft, Gas Cooktop, Gas Range, Gas Water Heater, Indoor Grill, Self Cleaning Oven, Tankless Water Heater
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Built-in Features, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Sauna, Storage, Walk-In Closet(s), Walk-In Pantry
- Flooring: Carpet, Stone, Wood
- Doors: French Doors, Pocket Doors, Screen Door(s), Sliding Doors
- Windows: Insulated Windows
- Has basement: No
- Attic: Walk-In
- Fireplace features: Den, Fire Pit, Gas, Gas Log, Gas Starter, Gas Unvented, Gas Vented, Living Room, Outside, Porch, Recreation Room, Wood Burning
Interior area
- Total structure area: 5,172
- Total interior livable area: 5,612 sqft
- Finished area above ground: 5,612
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Garage Shop, Keypad Entry, Garage on Main Level
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Two or More Access Exits, Accessible Elevator Installed, Entry Slope less than 1 foot
Features
- Levels: Two and a Half
- Stories: 2.5
- Patio & porch: Balcony, Covered, Deck, Patio, Porch, Screened, Terrace
- Exterior features: Fire Pit, In-Ground Irrigation, Outdoor Kitchen
- Fencing: Partial
- Has view: Yes
- View description: Water, Year Round
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Lift, Boat Ramp – Community, Covered structure, Boat Slip – Community, Dock, Pier, Pier - Community, Retaining Wall, Waterfront
- Body of water: Lake Norman
Lot
- Size: 0.92 Acres
- Dimensions: 98 x 405 x 99 x 432
- Features: Orchard(s), Level, Wooded, Views
Details
- Parcel number: 00160164
- Zoning: GR
- Special conditions: Standard
- Other equipment: Generator, Surround Sound
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Stone
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected, Fiber Optics, Satellite Internet Available, Underground Utilities
Community & HOA
Community
- Features: Lake Access
- Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
- Subdivision: Island Forest
HOA
- Has HOA: Yes
- HOA fee: $95 annually
- HOA name: Island Forest HOA
Location
- Region: Cornelius
Financial & listing details
- Price per square foot: $517/sqft
- Tax assessed value: $2,164,260
- Annual tax amount: $14,464
- Date on market: 4/11/2025
- Cumulative days on market: 207 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Sold | $2,900,000-12%$517/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 10/24/2025 | Price change | $3,295,000-5.7%$587/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 10/7/2025 | Price change | $3,495,000-7.9%$623/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 9/15/2025 | Price change | $3,795,000-3.8%$676/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 9/9/2025 | Price change | $3,945,000-1.3%$703/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 8/15/2025 | Price change | $3,995,000-2.1%$712/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 8/4/2025 | Price change | $4,079,000-2.4%$727/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 7/30/2025 | Price change | $4,177,9000%$744/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 7/27/2025 | Price change | $4,178,5000%$745/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 6/26/2025 | Price change | $4,179,000-3%$745/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 6/20/2025 | Price change | $4,310,000-0.2%$768/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 6/13/2025 | Price change | $4,320,000-0.2%$770/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 6/6/2025 | Price change | $4,330,000-0.2%$772/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 5/30/2025 | Price change | $4,340,000-0.2%$773/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 5/23/2025 | Price change | $4,350,000-1%$775/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 4/11/2025 | Listed for sale | $4,395,000+362.6%$783/sqft |
Source: Canopy MLS as distributed by MLS GRID #4243921 Report a problem | ||
| 6/21/2012 | Sold | $950,000-3.6%$169/sqft |
Source: Canopy MLS as distributed by MLS GRID #2075374 Report a problem | ||
| 9/11/2011 | Price change | $985,000-8.4%$176/sqft |
Source: RE/MAX EXECUTIVE AT THE LAKE #2020056 Report a problem | ||
| 5/21/2011 | Listed for sale | $1,075,000$192/sqft |
Source: RE/MAX Executive Realty #2020056 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,464 +1.5% | $2,164,260 |
| 2024 | $14,251 +1.6% | $2,164,260 +0% |
| 2023 | $14,027 +32.7% | $2,163,860 +74.4% |
| 2022 | $10,570 +1.2% | $1,240,500 |
| 2021 | $10,446 | $1,240,500 +9.4% |
| 2020 | -- | $1,134,000 |
| 2019 | $9,547 -2% | $1,134,000 +25.9% |
| 2018 | $9,740 +0.8% | $900,800 |
| 2017 | $9,665 | $900,800 |
| 2016 | $9,665 | $900,800 |
| 2015 | $9,665 +1.5% | $900,800 +2.4% |
| 2014 | $9,525 | $879,800 |
| 2013 | -- | $879,800 0% |
| 2012 | -- | $880,200 |
| 2011 | -- | $880,200 +41.8% |
| 2010 | -- | $620,700 |
| 2009 | -- | $620,700 |
| 2008 | -- | $620,700 |
| 2007 | -- | $620,700 |
| 2006 | -- | $620,700 |
| 2005 | -- | $620,700 |
| 2004 | -- | $620,700 |
| 2003 | -- | $620,700 +8.4% |
| 2002 | -- | $572,490 +0.5% |
| 2001 | -- | $569,360 |
| 2000 | -- | $569,360 |
Find assessor info on the county website
Neighborhood: 28031
Nearby homes
- $1,536,8003 bd2 ba2.1k sqft20438 Island Forest Dr, Cornelius, NC 28031Off Market
- $2,067,6004 bd3 ba3.5k sqft20420 Island Forest Dr, Cornelius, NC 28031Off Market
- $3,072,8007 bd7 ba4.1k sqft20444 Island Forest Dr, Cornelius, NC 28031Off Market
- $764,300-- bd-- ba-- sqft20412 Island Forest Dr, Cornelius, NC 28031Off Market
- $587,000-- bd-- ba-- sqft20352 Pinehurst Dr, Cornelius, NC 28031Off Market
- $3,560,4004 bd3 ba4k sqft20410 Island Forest Dr, Cornelius, NC 28031Off Market
- $2,463,6005 bd4 ba4.1k sqft20500 Island Forest Dr, Cornelius, NC 28031Off Market
- $2,084,7003 bd4 ba2.9k sqft20350 Pinehurst Dr, Cornelius, NC 28031Off Market
Nearby schools
GreatSchools rating
- 6/10Cornelius ElementaryGrades: K-5Distance: 2.7 mi
- 10/10Bailey Middle SchoolGrades: 6-8Distance: 4.4 mi
- 7/10William Amos Hough HighGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Cornelius
- Middle: Bailey
- High: William Amos Hough
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
$2,914,900
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Estimated market value
$2,914,900
- North Carolina
- Mecklenburg County
- Cornelius
- 28031
- 20428 Island Forest Dr
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