$640,000

Rare opportunity to own 1.67 acres on Lake Norman with tremendous flexibility and development potential. Whether you're looking to build a private estate or explore the possibility of subdividing, this property offers options that are increasingly difficult to find. The property has the potential to be subdivided into a waterfront lot and a water-view lot. The proposed waterfront lot features approximately 10 feet of shoreline with a natural sandy beach—perfect for launching a paddleboard or kayak and enjoying the peaceful waters of a large cove with beautiful sunset views. The lot widens quickly from the shoreline, providing ample space for a deck or gazebo near the water and multiple homesite configurations. The proposed water-view lot is primarily flat and includes an existing well and a 3-bedroom septic system. A small home currently on the property sustained fire damage and is considered a tear-down. Located in a desirable area of Lake Norman, this property combines convenience, and exceptional potential for two custom homes or a large estate home. Property Notes: Minimum lot size is 30,000 sq. ft. (0.69 acres). Front and rear setbacks are 35 feet, with 15-foot side setbacks. The right waterfront property line extend towards the existing home. Due to current low lake levels, natural debris is visible on the beach area. An access path to the waterfront lot is located beside the for sale sign. According to 15A NCAC 02B .0243, certain recreational and accessory structures, including elevated decks, gazebos, and sheds, may be permitted within the buffer as long as the structures are elevated above pervious ground. Title work has been completed. Travel Trailer on Property does not convey. Buyer to verify subdivision potential, building requirements, setbacks, permitting, and all development opportunities with Iredell County. Please do not enter the existing home. Wear appropriate clothing when walking the property. —---AGENTS PLEASE BOOK THROUGH SHOWINGTIME as 'Go & Show' AND EVERYONE ELSE TEXT/CALL LIST AGENT BEFORE WALKING THE PROPERTY.