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Off market
  • $1,405,300

    20935 Island Forest Dr, Cornelius, NC 28031

    3beds
    0baths
    10,280Square Feet
    VacantLand
    Built in 1964
    10,280 Square Feet Lot
    $1,405,300 Zestimate®
    $812/sqft
    $2,508 Estimated rent

    Home value

    $1,405,300

    $1.22M - $1.62M

    $2,508/mo

    Zestimate® history
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    What's special

    Lake Norman waterfront lot in Cornelius with excellent view. Located in very desirable, established & quiet neighborhood that is converting to larger homes. The .236 acre lot has gentle slope w/redwood trees in front, tall pines in back, & mature gardens. Property has deep water & 93 feet waterfront w/seawall, boat dock, 6000# HydroHoist lift, & jetski ramp. Though most of value is in land, there's an existing home that is suitable for residence, vacation home, or longterm rental. Home has 3 bedrooms & 2.5 baths on two levels. All rooms have lake view. Each bedroom has French doors that open to lake. The sunroom and deck have impressive lake views facing SSW to access the summer breezes and ... According to neighbors, this is the first house built on Lake Norman in 1964. Since the original owner was instrumental in getting approval for the hydroelectric dam, he had first choice of lots. This is where he chose to build his residence. Also listed as single family home MLS # 3501083.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal
    Features
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,731 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Boat Slip, Lake Access, Other - See Media/Remarks, Pier, Floating Dock, Boat Slip (Deed), Boat Slip (Lease/License)
    • Body of water: Lake Norman
    • Frontage type: Waterfront
    Lot
    • Size: 10,280 Square Feet
    • Features: Private, Views, Open/Cleared, Other - See Media/Remarks
    • Topography: Sloping
    Details
    • Additional structures: Other
    • Parcel number: 00111405
    • Zoning: GR
    • Special conditions: Standard

    Utilities & green energy

    • Water: City Water

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $5 monthly
    Location
    • Region: Cornelius

    Financial & listing details

    • Price per square foot: $812/sqft
    • Tax assessed value: $1,131,800
    • Annual tax amount: $7,590
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/22/2019Sold$670,000-7.5%$387/sqft
    Source: Canopy MLS as distributed by MLS GRID #3501083 Report a problem
    9/5/2019Pending sale$724,000$418/sqft
    Source: NHB Group, Inc #3501083 Report a problem
    7/30/2019Price change$724,000-3.3%$418/sqft
    Source: NHB Group, Inc #3501083 Report a problem
    6/18/2019Price change$749,000-5.2%$433/sqft
    Source: NHB Group, Inc #3501083 Report a problem
    4/30/2019Listed for sale$790,000+95.1%$456/sqft
    Source: NHB Group, Inc #3501083 Report a problem
    7/28/2003Sold$405,000+39.7%$234/sqft
    Source: Public Record Report a problem
    9/2/1999Sold$290,000+9.4%$168/sqft
    Source: Public Record Report a problem
    6/15/1999Sold$265,000$153/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,590 +1.5%$1,131,800
    2024$7,476 +1.6%$1,131,800
    2023$7,358 +61.8%$1,131,800 +113.2%
    2022$4,546 +1.2%$530,900
    2021$4,493 $530,900
    2020$4,493 +0.1%$530,900
    2019$4,487 -22.7%$530,900 -0.9%
    2018$5,801 +0.8%$535,500
    2017$5,754 $535,500
    2016$5,754 $535,500
    2015$5,754 +1.5%$535,500
    2014$5,668 $535,500
    2013-- $535,500
    2012-- $535,500 -6.4%
    2011-- $571,900 +103.2%
    2010-- $281,400
    2009-- $281,400
    2008-- $281,400
    2007-- $281,400
    2006-- $281,400
    2005-- $281,400
    2004-- $281,400
    2003-- $281,400 +9.2%
    2002-- $257,800
    2001-- $257,800 +7.1%
    2000-- $240,680
    Find assessor info on the county website

    Neighborhood: 28031

    Nearby schools

    GreatSchools rating