160 Malibu Road, Mooresville, NC

The contemporary ranch-style architecture of this 2018 Mooresville residence represents a sophisticated shift toward versatile lakefront living, free from the constraints of traditional homeowners associations. Spanning 5,677 square feet, the four-bedroom, four-bathroom floor plan is anchored by a significant quartz-appointed kitchen and a finished basement featuring a secondary culinary suite and billiards room. A breezeway connects the main structure to a three-bay garage, which supports a private bonus suite suited for long-term guests. While many Lake Norman properties emphasize seasonal use, this estate maintains high utility as a proven high-yield asset, currently ranked among the top performers in the regional short-term rental market. The inclusion of a screened porch and year-round water views caters to the growing demand for primary residences that function with the ease of a resort. For a comprehensive overview of the property's performance history and a private tour, please contact Peters & Associates.

About the home

Welcome home to lakefront living at its finest. Located in a desirable, non-HOA community with easy access to I-77, this ranch-style basement home pairs an unbeatable Lake Norman location with effortless, resort-style living and was rated in the top 1% of Lake Norman short-term rentals based on guest reviews, making it as smart an investment as it is a place to call home. Step inside to an open, bright floor plan where the kitchen, anchored by a huge quartz island, flows seamlessly into the living room, perfect for everyday life and entertaining. The primary suite offers a massive walk-in closet and spa-inspired bath, while the main level also includes a guest suite, home office, flex space, and a spacious laundry room with built-in shelving. A screened porch off the kitchen delivers year-round lake views, and a breezeway connects to the oversized 3-bay garage with a finished bonus room above complete with a full bath and private entrance, ideal as a guest suite or private getaway. The finished basement is built for entertaining, with a second full kitchen, a game and billiard room, and a large guest suite, giving the home flexibility to comfortably host large groups. Outside, a flat backyard and natural beach shoreline offer easy kayak and paddleboard access, two fire pits for evenings under the stars, and a patio with a jacuzzi tub overlooking the lake. Whether you're looking for a full-time residence, a second home, or a turnkey short-term rental with a proven track record, this property delivers the best of Lake Norman living.

Price in context

• Asking $467 per square foot.
• That is 4% below the $485 median across 125 active $1.5M+ homes in Mooresville.
• 39th highest asking price of 125 active $1.5M+ homes in Mooresville.
• 34th largest by living area of the 117 with a recorded size.
• Reduced $50,000 (1.9%) from the original $2,699,000 asking price.
• 58 days on the market, listed 2026-08-20.
• County tax assessment $1,566,230; the asking price is 1.69× the assessed value.

Location

Neighborhood: The Back Forty, Iredell County, ZIP 28117.

Straight-line distances

• Uptown Charlotte: 22.8 mi
• Charlotte Douglas International Airport: 23.9 mi
• Charlotte Country Club: 24.0 mi
• Wilson Air Center (private aviation, CLT): 24.2 mi
• SouthPark Mall: 27.9 mi
• Quail Hollow Club: 31.0 mi

Assigned schools

• Elementary: Coddle Creek
• Middle: Brawley
• High: Lake Norman

School assignments come from the listing and can change; confirm with the district.

Features

Levels

One and One Half

Construction

Brick Full

Roof

Architectural Shingle

Bathrooms

4 full

Basement

Partially Finished, Walk-Out Access

Fireplace

Yes

Interior

Attic Walk In, Hot Tub, Kitchen Island, Storage, Walk-In Closet(s)

Kitchen & appliances

Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer

Heating

Central, Forced Air, Heat Pump, Wood Stove

Cooling

Central Air, Multi Units, Other - See Remarks

Garage

3 spaces

Parking

Circular Driveway, Driveway, Attached Garage, Garage Door Opener, Garage Faces Side

Exterior

Above Ground Hot Tub / Spa, Fire Pit, Dock - Floating, In-Ground Irrigation

Waterfront

Beach - Private, Boat Lift, Dock, Personal Watercraft Lift, Pier

View

Water

Lot

Waterfront

County

Iredell

Comparable homes on the market

• 388 Ponderosa Circle, Mooresville — $1,899,000, 3 bd, 3,560 sq ft, 0.2 mi away
• 383 Sundown Road, Mooresville — $1,299,900, 3 bd, 2,478 sq ft, 0.8 mi away
• 445 Sundown Road, Mooresville — $2,250,000, 3 bd, 3,337 sq ft, 1.0 mi away
• 139 Hollen Lane, Mooresville — $17,900,000, 10 bd, 9,265 sq ft, 1.1 mi away
• 136 Potomac Lane, Mooresville — $7,295,000, 5 bd, 5,333 sq ft, 1.1 mi away
• 186 Hazelton Loop, Mooresville — $1,625,000, 3 bd, 4,245 sq ft, 1.2 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.