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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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188 Sagemore Rd , Mooresville, NC 28117
$2,495,000
Est. Payment: $12,780.61/mo
4 Bed
6 Bath
2585 Sqft
Status: active | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Welcome to one of Lake Norman's most beautiful sunsets on an extraordinary waterfront property, where timeless design, exceptional flexibility, and unforgettable lakefront living come together on approximately 165 feet of spectacular shoreline. Beautifully reimagined in a stunning Modern Farmhouse style, this one-of-a-kind waterfront retreat offers far more than a home...it offers a lifestyle. Every detail has been thoughtfully designed to create a place where families gather, memories are made, and every day feels like a vacation. Whether you're searching for an extraordinary primary residence, a luxurious weekend retreat, multi-generational living, or a property with proven income potential, 188 Sagemore Road offers possibilities rarely found in today's market. Designed for effortless living and exceptional entertaining, the property features three separate living areas, three fully equipped kitchens, four full bathrooms, two half bathrooms, and two inviting fireplaces, creating an incredibly versatile floor plan that easily adapts to changing lifestyles. The thoughtfully designed multi-generational living quarters provide privacy and independence while remaining seamlessly connected to the main residence. In addition, the separate Accessory Dwelling Unit has been successfully operated as "Tranquility Cove," an established 5-star VRBO destination loved by guests for its peaceful waterfront setting. Continue operating it as a successful short-term rental, welcome extended family, create private guest accommodations, establish a home office, fitness studio, or explore countless other possibilities. You may even want to create two income producing properties! The flexibility of this property is truly unmatched. Step outside and experience everything that makes Lake Norman one of North Carolina's most sought-after destinations. Expansive Trex decking creates multiple outdoor living areas perfect for morning coffee, afternoon gatherings, sunset dinners, and evenings beneath the stars. The beautifully landscaped backyard gently leads to your private waterfront oasis featuring a dock equipped with electricity, lighting, and a boat lift, making it easy to enjoy boating, fishing, paddleboarding, kayaking, or simply relaxing by the water. A sandy beach and dedicated kayak launch provide even more opportunities to enjoy lake life at its finest. Inside and out, this home was designed to bring people together while still providing comfortable spaces for everyone to enjoy their own privacy. It's equally suited for large family celebrations, quiet weekends on the lake, entertaining friends, or generating additional income through the established accessory residence. PROPERTY HIGHLIGHTS • Approximately 165 feet of Lake Norman waterfront • Stunning Modern Farmhouse-inspired design • Main residence with dedicated multi-generational living quarters • Separate Accessory Dwelling Unit • Established 5-star VRBO known as "Tranquility Cove" • Three kitchens • Three living areas • Four full bathrooms and two half bathrooms • Two fireplaces • Three-car garage • Private dock with electricity, lighting, and boat lift • Sandy beach and kayak launch area • Trex decking throughout outdoor living spaces • Beautifully landscaped backyard designed for entertaining • Minutes from shopping, dining, marinas, golf, and everyday conveniences Properties offering this unique combination of luxury waterfront living, flexible multi-generational design, established short-term rental potential, and exceptional outdoor amenities rarely become available on Lake Norman. This is more than a waterfront home. It's a legacy property where generations will gather, lifelong memories will be made, and every season brings a new reason to fall in love with lake living. Come experience what makes 188 Sagemore Road truly unforgettable.

Highlights

Listed by Julie Horton , 888-584-9431 EXP Realty LLC Mooresville , 336-398-3824. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.72

Year Built

1967

County

Iredell

Neighborhood

None

Listing ID

4412341

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:6
  • Full Bathrooms:4
  • 1/2 Bathrooms:2
Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater, Exhaust Fan
Air Cond:Central Air
Fireplaces:Family Room,Fire Pit,Gas Log,Wood Burning Stove
Above Ground Sq Ft:2585
Below Ground Sq Ft:0
Basement:Finished
Other:
  • Additional:Built-in Features, Cable Prewire, Elevator, Open Floorplan, Pantry, Has Fireplace
Water:Well

Exterior Features

Lot:Waterfront,Beach - Private,Boat Lift,Boat Ramp,Boat Slip (Deed),Dock,Pier,Retaining Wall
Zoning:R-1
Roof:Architectural Shingle
Others:
  • Additional:Elevator, Fire Pit, Dock - Floating, In-Ground Irrigation, Storage
Sewer:Septic Installed
Parking Features:Driveway,Attached Garage
Principal Interest
$12,781
Taxes
$1,591

Home Price

$2,495,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$499,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,780.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,780.61 $1,590.56 $0.00 $14,371.17
Yearly $153,367.28 $19,086.75 $0.00 $172,454.03
Total $4,601,018.44 $572,602.50 $0.00 $5,173,620.94

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Mooresville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-24T14:14:07.000Z

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