Welcome to The Cottage on Osprey Cove, a beautifully renovated 2-bedroom, 1-bath waterfront cottage on Lake Norman offering incredible year-round lake views, peaceful privacy, and classic lake living.
Located at 4580 Kiser Island Road, Terrell, NC 28682, this charming 900 sq. ft. cottage, built in 1966, sits on a spacious 0.56-acre lot with approximately 150 feet of shoreline. The property features a fantastic one-mile lake view, stunning sunrises from the living room and primary bedroom, and plenty of space for future additions or the opportunity to build your dream lake home.
Inside, the cottage offers beautiful hardwood floors, comfortable living spaces, and a warm lake-house feel. The home has been thoughtfully renovated and is move-in ready, with central A/C and heat, an HVAC system approximately 5 years old, and a roof approximately 5 years old. The property also includes a permitted septic system with no known issues.
Outdoor living is a standout feature. A large screened porch extends the living space, creating the perfect place to relax, dine, entertain, or enjoy the lake views year-round. There is also an open deck for grilling and outdoor seating.
The waterfront setup is exceptional, with a 30-foot floating dock with boat slip, water, and power. The dock is permitted through Duke Energy, grandfathered, and was renovated approximately 2 years ago. It has year-round water at the dock, even at the lowest lake levels, and can accommodate multiple boats. Jet skis and jet ports may be sold separately.
Additional features include lake-fed irrigation, a 360-degree security camera system, plenty of parking, additional parking for an RV or boat trailer, and no HOA.
Conveniently located close to shopping, grocery stores, waterfront restaurants, bars, medical services, and everyday conveniences, while still offering the quiet beauty of lakefront living. Located in a highly regarded school district.
Highlights:
2 bedrooms / 1 bathroom
Approximately 900 sq. ft.
Built in 1966
0.56-acre waterfront lot
Approximately 150 feet of shoreline
Fantastic one-mile lake view
Beautiful hardwood floors
Large screened porch and open deck
30-foot floating dock with boat slip
Dock has water and power
Year-round water at dock
Duke Energy permitted/grandfathered dock
Dock renovated approximately 2 years ago
HVAC approximately 5 years old
Roof approximately 5 years old
Permitted septic system with no known issues
Lake-fed irrigation
360-degree security camera system
Plenty of parking, including RV/boat trailer parking
Jet skis and jet ports may be sold separately
No HOA
Sold as-is
This is lake living at its finest — a beautifully updated waterfront cottage with big water views, a permitted grandfathered dock, renovated major systems, excellent year-round water access, and outstanding future potential.
Whether you are looking for a primary residence, weekend lake retreat, vacation home, investment property, or future dream-home site, The Cottage on Osprey Cove is a rare opportunity to own a move-in-ready waterfront property on Lake Norman.
Property is being sold as-is. Buyer to verify all information important to them, including square footage, lot size, waterfront measurements, dock permitting, water depth, school assignments, septic capacity, zoning, setbacks, and future building or expansion options.
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No solicitations. Will not entertain low offers. Serious buyers only.
Unrepresented buyers Initial /inquiries/contact by email.
Buyers Agents may text to request information/schedule viewing.
Viewing by appointment only.
For sale by owner
$995,000
4580 Kiser Island Rd, Terrell, NC 28682
2beds
820sqft
SingleFamily
Built in 1966
0.5 Acres Lot
$736,800 Zestimate®
$1,213/sqft
$-- HOA
Overview
- 2 days |
- 195 |
- 4 |
Listed by:
Property Owner (904) 472-8973
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 820 sqft
Property
Parking
- Total spaces: 5
- Parking features: Off-street
Features
- Exterior features: Other
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.5 Acres
Details
- Parcel number: 461602576128
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Materials
- Other
- Foundation: Crawl/Raised
- Roof: Metal
Condition
- New construction: No
- Year built: 1966
Community & HOA
Location
- Region: Terrell
Financial & listing details
- Price per square foot: $1,213/sqft
- Tax assessed value: $651,900
- Annual tax amount: $3,243
- Date on market: 6/10/2026
Estimated market value
$736,800
$663,000 - $825,000
$1,384/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $995,000-5.2%$1,213/sqft |
Source: Owner Report a problem | ||
| 1/21/2025 | Listing removed | $2,400$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/4/2025 | Listed for rent | $2,400-4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2024 | Listing removed | $2,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/16/2024 | Price change | $2,500+4.2%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2024 | Listed for rent | $2,400+26.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2024 | Listing removed | $1,050,000$1,280/sqft |
Source: | ||
| 10/27/2023 | Listed for sale | $1,050,000+244.3%$1,280/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/2/2017 | Listing removed | $1,900$2/sqft |
Source: Owner Report a problem | ||
| 5/2/2017 | Listed for rent | $1,900$2/sqft |
Source: Owner Report a problem | ||
| 11/6/2015 | Sold | $305,000-6.2%$372/sqft |
Source: | ||
| 9/14/2015 | Pending sale | $325,000$396/sqft |
Source: NHB Group, Inc #3057688 Report a problem | ||
| 7/20/2015 | Price change | $325,000-16.5%$396/sqft |
Source: NHB Group, Inc #3057688 Report a problem | ||
| 1/18/2015 | Listed for sale | $389,000$474/sqft |
Source: NHB Group, Inc. #3057688 Report a problem | ||
| 11/23/2014 | Listing removed | $389,000$474/sqft |
Source: Lake Norman Realty, Inc. #3019470 Report a problem | ||
| 7/9/2014 | Listed for sale | $389,000+25.5%$474/sqft |
Source: Lake Norman Realty, Inc. #3019470 Report a problem | ||
| 10/24/2005 | Sold | $310,000$378/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,243 +2.3% | $651,900 +1.3% |
| 2024 | $3,170 +2.1% | $643,700 |
| 2023 | $3,106 +52.1% | $643,700 +92.4% |
| 2022 | $2,042 -13.4% | $334,600 |
| 2021 | $2,359 | $334,600 |
| 2020 | $2,359 | $334,600 |
| 2019 | $2,359 -0.6% | $334,600 -3.4% |
| 2018 | $2,373 | $346,400 |
| 2017 | $2,373 -1.5% | -- |
| 2016 | $2,410 | -- |
| 2015 | $2,410 | $346,430 -13.7% |
| 2014 | $2,410 | $401,600 |
| 2013 | $2,410 | -- |
| 2012 | $2,410 | -- |
| 2011 | $2,410 +28.9% | -- |
| 2010 | $1,869 | -- |
| 2009 | $1,869 +3.4% | -- |
| 2008 | $1,808 | -- |
| 2007 | $1,808 +104% | -- |
| 2006 | $886 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28682
Nearby schools
GreatSchools rating
- 7/10Sherrills Ford ElementaryGrades: K-6Distance: 4 mi
- 3/10Mill Creek MiddleGrades: 7-8Distance: 9.1 mi
- 8/10Bandys HighGrades: PK,9-12Distance: 8.4 mi
Schools provided by the listing agent
- Elementary: Sherrills Ford
- Middle: Mill Creek
- High: Bandys
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Catawba County
- Terrell
- 28682
- 4580 Kiser Island Rd





