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178 Penicillin Point, Troutman, NC 28166 CONTINGENT 1 of 44 178 Penicillin Point, Troutman, NC 28166 — photo 2 178 Penicillin Point, Troutman, NC 28166 — photo 3 178 Penicillin Point, Troutman, NC 28166 — photo 4 178 Penicillin Point, Troutman, NC 28166 — photo 5
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Contingent
$975,000 Est. $6,718/mo — Get pre-qualified
3beds 2baths 2,158sq ft 0.66acres

178 Penicillin Point · Troutman, NC 28166

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Welcome to 178 Penicillin Point, where life slows down and lake memories are waiting to be made. Whether you're looking for a classic lake getaway to enjoy just as it is, a vacation rental opportunity, or the perfect waterfront lot to build your dream home, this property offers endless possibilities. Built in 1973, this waterfront home captures the feeling of simpler days on Lake Norman. Situated on a 0.66-acre lot with more than 200 feet of shoreline, NO HOA, and low Iredell County ONLY taxes, this is a rare opportunity to own a special piece of the lake.

Inside, you'll find a spacious great room with vaulted wood ceilings, walls of windows overlooking the water, and an open layout designed for gathering with family and friends. The home's original character has been preserved, giving it the nostalgic charm of a classic lake cottage.

Step outside and enjoy the gently sloping yard, covered 24' x 24' dock, sandy shoreline, and large deep-water cove with beautiful open water views. Spend the afternoon on the deck, swim or fish from the dock, head out for a day on the lake, or simply relax and watch the sunset.

The finished lower level provides additional living space for guests, hobbies, or game nights after a day on the water. A new roof was installed in 2023, and the 28' x 18' boathouse provides plenty of additional storage.

Opportunities to own waterfront property with this combination of location, views, and potential don't come along often. Conveniently located to I-77, Troutman, and Mooresville.

Features & Amenities

Living Area2,158 Sq.Ft.
Bedrooms3
Baths2
HeatingHeat Pump
CoolingCeiling Fan(s), Heat Pump
FlooringVinyl
FireplaceNo
AppliancesDishwasher, Oven, Refrigerator
LaundryIn Basement, In Hall
Virtual TourOpen Virtual Tour
Exterior FeaturesDock - Floating
Year Built1973
ConstructionWood
RoofArchitectural Shingle
FoundationBasement
ParkingDriveway
StatusContingent
Lot Size0.66 Acres
Lot FeaturesOpen Lot, Sloped, Views, Waterfront
CountyIREDELL
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
SewerSeptic Installed
Water SourceWell
HOANo
ElementaryTroutman Elementary School
MiddleTroutman Middle School
HighSouth Iredell High School
Presented By: Howard Hanna Allen Tate Statesville; wendy.hodel@allentate.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Walk Score®
0
Car-Dependent
Bike Score®
22
Somewhat Bikeable
Transit Score®
—
No nearby transit

Walk Score®, Bike Score® and Transit Score® provided by Walk Score.

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $1,000,000 → $975,000 ▾ $25,000 (2.5%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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