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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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118 Teakwood Ln , Mooresville, NC 28117
$1,691,300
Est. Payment: $8,663.66/mo
4 Bed
3 Bath
2914 Sqft
Status: active with contingency | Days on site: 6
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Terri Bias
Operator/Brokerage Owner

House Description

Thoughtfully updated and designed to embrace its exceptional Lake Norman setting, this waterfront home offers sweeping water views, elegant interiors, and inviting spaces for everyday living and entertaining. Nestled on the highly sought-after Langtree Peninsula, you'll enjoy convenient access to I-77 while coming home to the tranquility of lakeside living. Bamboo floors flow throughout the primary living areas, anchored by a spacious great room with a gas log fireplace and a beautifully renovated kitchen. The conditioned four-season porch extends the living space, offering comfortable year-round living and panoramic lake views. The primary suite features direct access to the deck, long-range lake views, a stylishly renovated bath with an oversized tiled shower and dual vanity, and a generous walk-in closet. The partially finished walkout lower level offers outstanding flexibility with a welcoming living area featuring a wood-burning fireplace, beverage center, guest bedroom, full bath, and walkout access to the covered lakeside patio. The unfinished portion provides abundant storage, workshop space, and an oversized two-car garage. Recent improvements include roof '23 and HVAC '23. Outside, meticulously maintained grounds, a park-like lawn, multiple outdoor living spaces, a beach area, and a gently sloping path to the water create the kind of waterfront setting that's becoming increasingly difficult to find on Lake Norman. The protected cove offers ideal conditions for paddleboarding, kayaking, swimming, and floating without sacrificing long-range lake views. Whether you're looking for a full-time residence or weekend retreat, you'll appreciate being just minutes from Mooresville's popular restaurants, shopping, golf, parks, breweries, and year-round community events, with Charlotte Douglas International Airport approximately 32 miles away. Enjoy the convenience of boating from your own dock, with All Seasons Marina just moments away for fuel, service, storage, and additional boating amenities. This is a rare opportunity to own a home that captures the relaxed on-the-water lifestyle so many Lake Norman buyers seek.

Highlights

Listed by Kendra Eades , 704-491-7944 HoneyBee Real Estate , 704-659-6999. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.9

Year Built

1979

County

Iredell

Neighborhood

Sailors Lair

Listing ID

4411407

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Bar Fridge, Convection Oven, Dishwasher, Disposal, Exhaust Fan, Filtration System, Gas Range, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator with Ice Maker, Washer/Dryer, Wine Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Ductless
Fireplaces:Bonus Room,Gas Log,Living Room,Wood Burning
Floor:Bamboo,Carpet,Tile
Above Ground Sq Ft:2171
Below Ground Sq Ft:743
Basement:Basement Garage Door,Basement Shop,Daylight,Exterior Entry,Interior Entry,Partially Finished,Walk-Out Access
Other:
  • Additional:Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Entrance Foyer, Kitchen Island, Storage, Walk-In Closet(s), Wet Bar, Has Fireplace, Master on Main
Water:Well

Exterior Features

Lot:Waterfront,Beach - Private,Dock
Roof:Architectural Shingle
Others:
  • Additional:In-Ground Irrigation
Sewer:Septic Installed
Parking Features:Basement,Driveway,Attached Garage,Parking Space(s)
Principal Interest
$8,664
Taxes
$1,078

Home Price

$1,691,300

Loan Details

30 yrs
6.625%

Down Payment

20%
$338,260
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:
$8,663.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,663.66 $1,078.20 $0.00 $9,741.87
Yearly $103,963.96 $12,938.45 $0.00 $116,902.41
Total $3,118,918.83 $388,153.35 $0.00 $3,507,072.18

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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