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    • Price cut: $500K (6/19)
    $4,900,000

    3386 Governors Island Dr, Denver, NC 28037

    4beds
    7,100sqft
    : 
    $29,701/mo
    Get pre-qualified
    Single Family Residence
    Built in 1991
    0.68 Acres Lot
    $4,492,300 Zestimate®
    $690/sqft
    $153/mo HOA

    What's special

    Poolside cabanaSophisticated contemporary finishesExtraordinary contemporary post-and-beam masterpieceHot tubCustom remote-controlled roller shadesResort-inspired amenitiesDesigner lighting
    Widely regarded as the most iconic residence on Governors Island, this extraordinary contemporary post-and-beam masterpiece offers a rare blend of architectural significance, modern luxury, and commanding panoramic views of Lake Norman. Designed by renowned architect Randy Basselman, the home is perfectly positioned on a private point lot within the exclusive gated community to maximize breathtaking water vistas and unparalleled privacy. Walls of glass, soaring post-and-beam design, and sophisticated contemporary finishes create a seamless connection between indoor and outdoor living. Offering 4 spacious bedrooms, 5 full baths, and 1 half bath, the residence was thoughtfully designed for both grand-scale entertaining and refined everyday living. At the heart of the home, the gourmet kitchen showcases premium integrated appliances, a Wolf gas range, custom curved cabinetry, and striking designer details. Recently enhanced, the expansive bonus/recreation space now features beautiful hardwood flooring, an updated bar area, and an additional flex space ideal for a private office, creative studio, or executive workspace. Designed to entertain effortlessly, the home offers multiple gathering spaces both inside and out, allowing for intimate evenings, large-scale celebrations, and everything in between. Interior appointments include a dramatic grand foyer, designer lighting, custom remote-controlled roller shades, wet bar, and living spaces curated around the stunning lake backdrop. Outside, resort-inspired amenities create the ultimate waterfront retreat. Enjoy a poolside cabana, hot tub, expansive outdoor entertaining areas, 266 feet of pristine shoreline, and a private dock offering direct access to the best of Lake Norman living. A 4-car garage with sleek Clopay frosted glass doors complements the home’s bold architectural presence. Situated on a serene .68-acre point lot, this exceptional offering embodies sophistication, privacy, and timeless design — an architectural jewel and one of Lake Norman’s most distinguished waterfront estates.
    86 days
    |
    1,766
    |
    102
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Dolan susand@ivesterjackson.com,

    Ivester Jackson Christie's

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4370065MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Features: Built-in Features, En Suite Bathroom, Walk-In Closet(s)
      • Level: Main
      Bedroom s
      • Level: Upper
      Bedroom s
      • Level: Upper
      Bedroom s
      • Level: Upper
      Bathroom full
      • Level: Main
      Bathroom half
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Upper
      Bonus room
      • Features: Attic Walk In, Built-in Features, Wet Bar
      • Level: Upper
      Breakfast
      • Level: Main
      Dining room
      • Level: Main
      Flex space
      • Level: Upper
      Other
      • Features: Open Floorplan
      • Level: Main
      Kitchen
      • Features: Breakfast Bar, Built-in Features, Kitchen Island, Walk-In Pantry
      • Level: Main
      Laundry
      • Level: Main
      Loft
      • Features: Built-in Features
      • Level: Upper
      Office
      • Level: Main
      Heating
      • Central, Forced Air, Propane, Zoned
      Cooling
      • Ceiling Fan(s), Central Air, Dual, Electric, Multi Units, Zoned
      Appliances
      • Included: Bar Fridge, Dishwasher, Disposal, Double Oven, Dual Flush Toilets, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator
      • Laundry: Laundry Room, Main Level
      Features
      • Breakfast Bar, Built-in Features, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar
      • Flooring: Carpet, Tile, Wood
      • Doors: French Doors, Pocket Doors
      • Windows: Insulated Windows, Window Treatments
      • Has basement: No
      • Fireplace features: Gas, Gas Log, Great Room, Primary Bedroom, Other - See Remarks
      Interior area
      • Total structure area: 7,100
      • Total interior livable area: 7,100 sqft
      • Finished area above ground: 7,100
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Garage Shop, Garage on Main Level
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      • Details: 4-car garage with additional workshop
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Covered, Patio, Terrace
      • Exterior features: In-Ground Irrigation, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Outdoor Pool, Pool/Spa Combo
      • Has view: Yes
      • View description: Long Range, Water, Year Round
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Dock, Pier, Retaining Wall, Waterfront
      • Body of water: Lake Norman
      Lot
      • Size: 0.68 Acres
      • Dimensions: 105 x 188 x 287 x 179
      Details
      • Parcel number: 50146
      • Zoning: R-MR
      • Special conditions: Standard
      • Other equipment: Network Ready

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Post and Beam,Transitional
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Stucco
      • Foundation: Crawl Space
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 1991
      Details
      • Builder model: Custom

      Utilities & green energy

      • Sewer: County Sewer
      • Water: County Water
      • Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Propane, Underground Power Lines, Underground Utilities
      Green energy
      • Water conservation: Dual Flush Toilets

      Community & HOA

      Community
      • Features: Gated
      • Subdivision: Governors Island
      HOA
      • Has HOA: Yes
      • HOA fee: $458 quarterly
      • HOA name: Governors Island HOA
      Location
      • Region: Denver
      • Elevation: 1000 Feet

      Financial & listing details

      • Price per square foot: $690/sqft
      • Tax assessed value: $3,995,453
      • Annual tax amount: $24,312
      • Date on market: 5/4/2026
      • Cumulative days on market: 86 days
      • Electric utility on property: Yes
      • Road surface type: Brick, Paved

        Estimated market value

        $4,492,300

        $4.27M - $4.72M

        $4,730/mo

        Price history

        DateEventPrice
        6/19/2026Price change$4,900,000-9.3%$690/sqft
        Source: Canopy MLS as distributed by MLS GRID #4370065 Report a problem
        5/4/2026Listed for sale$5,400,000+10.2%$761/sqft
        Source: Canopy MLS as distributed by MLS GRID #4370065 Report a problem
        10/30/2025Listing removed$4,900,000$690/sqft
        Source: Canopy MLS as distributed by MLS GRID #4255222 Report a problem
        7/17/2025Price change$4,900,000-5.8%$690/sqft
        Source: Canopy MLS as distributed by MLS GRID #4255222 Report a problem
        5/12/2025Listed for sale$5,200,000+82.5%$732/sqft
        Source: Canopy MLS as distributed by MLS GRID #4255222 Report a problem
        7/16/2020Sold$2,850,000-4.8%$401/sqft
        Source: Canopy MLS as distributed by MLS GRID #3604195 Report a problem
        6/19/2020Pending sale$2,995,000$422/sqft
        Source: Ivester Jackson Properties #3604195 Report a problem
        3/21/2020Listed for sale$2,995,000+71.1%$422/sqft
        Source: Ivester Jackson Properties #3604195 Report a problem
        5/29/2015Sold$1,750,000-23.9%$246/sqft
        Source: Canopy MLS as distributed by MLS GRID #3060335 Report a problem
        3/11/2015Listed for sale$2,300,000$324/sqft
        Source: Villagerealestategroup.com Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$24,312 +0.4%$3,995,453
        2024$24,213 $3,995,453
        2023$24,213 +27%$3,995,453 +56.3%
        2022$19,058 +0.9%$2,556,402
        2021$18,879 +2.9%$2,556,402
        2020$18,352 +2%$2,556,402
        2019$17,987 +25.5%$2,556,402 +27.8%
        2018$14,333 $2,000,668
        2017$14,333 +0.6%$2,000,668 +0.3%
        2016$14,247 -4.2%$1,995,445
        2015$14,870 -9.7%--
        2014$16,462 $2,250,564
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008-- $2,539,591 +47.4%
        2007-- $1,723,074
        2006-- $1,723,074
        2005-- $1,723,074
        2004-- $1,723,074
        2003-- --
        2002-- $1,478,189
        2001-- $1,478,189
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28037

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rock Springs
        • Middle: North Lincoln
        • High: North Lincoln

        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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