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  • $2,250,000

    20509 Island Forest Dr, Cornelius, NC 28031

    4beds
    3,246sqft
    Single Family Residence
    Built in 1969
    0.26 Acres Lot
    $2,260,600 Zestimate®
    $693/sqft
    $6,065 Estimated rent

    Home value

    $2,260,600

    $2.10M - $2.44M

    $6,065/mo

    Zestimate® history
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    What's special

    Private dockCozy sunroomDual primary suitesMature treesBeautifully landscaped flat lotLarge grassy yardBoat lift
    Welcome to your lakeside escape, where every day ends with a sunset! Enjoy long range, main channel Lake Norman views from this eclectic lake house filled with warmth and charm. Perfectly set on a beautifully landscaped, flat lot with a large grassy yard and mature trees. Thoughtfully updated throughout, the home offers the comfort of dual primary suites, one on each level making it easy to host family and friends. The cozy sunroom is the heart of the home, where you’ll want to linger with morning coffee or curl up in the evenings while the lake glimmers outside your window. Step outside and life on the water is yours to enjoy, with a private dock and boat lift ready for endless lake days. Whether it’s boating, entertaining, or simply relaxing under the trees, this property was designed to make every moment feel special. This is more than a lake house—it’s a place where memories are made, laughter is shared, and sunsets are never missed. Newer roof & gutters (2022), HVAC (2018 & 2022).

    Zillow last checked:

    Listing updated:

    Listed by:

    Liz Miller lizmiller@ivesterjackson.com,

    Ivester Jackson Christie's

    Bought with:

    Christy Walker

    Keller Williams Lake Norman

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4292296MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • 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
    Bathroom full
    • Level: Upper
    Bathroom full
    • Level: Upper
    Bathroom half
    • Level: Main
    Other
    • Level: Upper
    Dining room
    • Level: Main
    Family room
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Sunroom
    • Level: Main
    Heating
    • Central, Electric, Forced Air, Heat Pump
    Cooling
    • Ceiling Fan(s), Electric, Heat Pump
    Appliances
    • Included: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, Electric Cooktop, Exhaust Hood, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Tankless Water Heater
    • Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
    Features
    • Drop Zone, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Has basement: No
    • Fireplace features: Family Room, Primary Bedroom, Other - See Remarks
    Interior area
    • Total structure area: 3,246
    • Total interior livable area: 3,246 sqft
    • Finished area above ground: 3,246
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached Garage, Garage on Main Level
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Enclosed, Patio, Screened
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Boat Lift, Dock, Personal Watercraft Lift, Pier, Waterfront
    • Body of water: Lake Norman
    Lot
    • Size: 0.26 Acres
    • Features: Level, Wooded, Views
    Details
    • Parcel number: 00111428
    • Zoning: GR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Full
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Electricity Connected, Propane, Other - See Remarks

    Community & HOA

    Community
    • Subdivision: Island Forest
    HOA
    • Has HOA: Yes
    • HOA fee: $5 monthly
    Location
    • Region: Cornelius

    Financial & listing details

    • Price per square foot: $693/sqft
    • Tax assessed value: $1,584,700
    • Date on market: 8/21/2025
    • Cumulative days on market: 36 days
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    11/7/2025Sold$2,250,000-6.2%$693/sqft
    Source: Canopy MLS as distributed by MLS GRID #4292296 Report a problem
    9/3/2025Price change$2,399,000-4%$739/sqft
    Source: Canopy MLS as distributed by MLS GRID #4292296 Report a problem
    8/21/2025Listed for sale$2,499,000+19%$770/sqft
    Source: Canopy MLS as distributed by MLS GRID #4292296 Report a problem
    10/3/2023Sold$2,100,000$647/sqft
    Source: Canopy MLS as distributed by MLS GRID #4033942 Report a problem
    8/7/2023Pending sale$2,100,000$647/sqft
    Source: Canopy MLS as distributed by MLS GRID #4033942 Report a problem
    6/24/2023Price change$2,100,000-12.1%$647/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR4033942 Report a problem
    6/8/2023Price change$2,390,000-4%$736/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR4033942 Report a problem
    5/26/2023Listed for sale$2,490,000+281.9%$767/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR4033942 Report a problem
    1/17/2018Sold$652,000-4.8%$201/sqft
    Source: Canopy MLS as distributed by MLS GRID #3305276 Report a problem
    12/6/2017Pending sale$685,000$211/sqft
    Source: Allen Adams Realty #3305276 Report a problem
    11/11/2017Price change$685,000-2%$211/sqft
    Source: Allen Adams Realty #3305276 Report a problem
    9/13/2017Price change$699,000-3.6%$215/sqft
    Source: Allen Adams Realty #3305276 Report a problem
    8/2/2017Listed for sale$725,000$223/sqft
    Source: Allen Adams Realty #3305276 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,584,700
    2024-- $1,584,700 +28%
    2023-- $1,237,800 +96%
    2022$5,400 +1.2%$631,500 +0%
    2021$5,335 $631,200 +6%
    2020$5,335 +6.1%$595,300
    2019$5,027 -2.4%$595,300 +25.3%
    2018$5,150 +0.8%$475,100
    2017$5,107 $475,100
    2016$5,107 $475,100
    2015$5,107 +1.5%$475,100
    2014$5,031 $475,100
    2013-- $475,100
    2012-- $475,100
    2011-- $475,100 +50.6%
    2010-- $315,400
    2009-- $315,400
    2008-- $315,400
    2007-- $315,400
    2006-- $315,400
    2005-- $315,400
    2004-- $315,400
    2003-- $315,400 +17.1%
    2002-- $269,390
    2001-- $269,390 +1.8%
    2000-- $264,530
    Find assessor info on the county website

    Neighborhood: 28031

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $2,260,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,260,600