Mooresville · Mooresville, NC
127 Melrose Lane
Mooresville, NC
$775,000
Reduced from $800,000
- 1Beds
- 1Baths
- 0SqFt
- 1974Year
- 174 X 209 X 162 X 196Lot
- 191Days on market
About this home
Rare Lake Norman Waterfront Opportunity .69 Acre with Big Water Views & Cabin. Come experience the charm & potential of this lot boasting 174 feet of shoreline, gorgeous water views & beautiful canopy of hardwoods. Whether you’re looking to build your dream lakefront home or enjoy a peaceful retreat today, this property offers the best of both worlds. Rustic unpermitted one-bedroom cabin already in place, perfect for weekend getaways, use while planning your future build. Enjoy lake life right away as you envision the possibilities. Just off River Highway & poised to become even more convenient with the ongoing road widening project, promising faster access to Mooresville, I-77. Minutes from all your local amenities, yet with the peace and privacy of lakeside living. No HOA. Whether you're looking for a private retreat, a future home site, or a smart investment on Lake Norman, this one-of-a-kind property is full of potential. Visit today & start planning your lakefront lifestyle!
Property details
- Beds
- 1
- Baths
- 1
- SqFt
- 0
- Lot
- 174 X 209 X 162 X 196
- Year built
- 1974
- Type
- Single Family
- Days on market
- 191
- Style
- Cabin
- Heating
- Wood Stove
- Cooling
- None
- Foundation
- Pillar/Post/Pier
- View
- Water, Year Round
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$5,703/ month
- Principal & interest
- $4,799
- Property tax (~1.05%)
- $678
- Homeowners insurance
- $226
- HOA dues
- —
Down payment
$38,750 down · $736,250 financed
Income to qualify (28% rule)
~$244,455 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.