242 Shoreline Loop, Mooresville, NC 28117

$520,000
3
BD
2
BA
2,054
SqFt
List Price
$520,000
MLS#
CAR3671853
Status
ACTIVE
Property Type
Residential
Stories
1 Story/Basement/F.R.O.G.
Year Built
1974
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Lot Size
20,473
Lot Size Area
0.47
Living Area
2,054
Sq Ft Total
2054
County
Iredell
Subdivision
Imperial Point
Special Conditions
None
Waterfront
Yes
Waterfront Features
Boat Slip (Lease/License), Dock, Pier, Other

Property Description

Value is in lakefront lot, but dilapidated house is there if you need that for 1031 purposes (to swap a rental). Contractors say current building has good bones. House is vacant, no power: abandoned for 20 years. Enter at own risk. No HOA! on this lot and already perc for 4-bedroom, which is rare in this area (most test for 3). Located near the end of a peninsula on Mooresville side of Lake Norman. Within walking distance of Stutt's Marina and on deep water with plenty of room for dock (current one rotted away) Channel in front of house is beautiful and large Sellers have extensive permits and documentation from when they nearly built on land. 4bedroom, 8 person perc/septic tank permit approved, larger well approved, etc HUGE Dock approved! (see attachments). Previously listed without dock approved. Most lots in area only perc for 3 bedrooms, giving this location huge value. 30k in permitting/risk completed Also listed as MLS for vacant land

Additional Information

Equipment
Electric Oven
Foundation
Basement
Main Level Rooms
Breakfast Room, Bedroom 3, Kitchen, Bathroom 1, Laundry, Bathroom 2, Bedroom 2, Bedroom 1
Laundry Location
Main Level
Heating
Forced Air
Water Heater
Electric
Water
Well, Well Needed, Other
Sewer
Septic Installed, Septic Needed
Exterior Construction
Brick
Parking
Basement, Carport - 1 Car, Driveway, Parking Lot, Parking Space - 4+
Driveway
Gravel
Lot Description
Cleared, Lake On Property, Lake Access, Pond(s), Wooded, Views, Water View, Waterfront, Year Round View
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Virtual Realty Group.

“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 Real Estate Company 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. © 2020 Carolina Multiple Listing Services, Inc.”