111 Leesburg Lane, Troutman, NC

Situated along a quiet terminal road on the shores of Lake Norman, this 1995 residence offers a rare combination of significant acreage and unregulated waterfront living. The 3,893-square-foot structure is positioned on nearly an acre of land, designed to prioritize the relationship between internal living spaces and the shoreline. The three-bedroom interior features a deliberate floor plan, anchored by a main-level primary suite and an open kitchen equipped with a substantial granite island. Outside, the property is defined by a private pier featuring a covered floating slip and modern vinyl decking engineered for thermal comfort. In the current Troutman submarket, properties of this scale that remain free of homeowner association oversight are increasingly scarce, offering a level of autonomy that discerning Lake Norman buyers frequently prioritize. The upper level provides further versatility through a large bonus room and flexible secondary spaces suited for a private office or media suite. Private viewings and detailed acquisition inquiries may be directed through Peters & Associates.

About the home

Welcome to waterfront living on beautiful Lake Norman with NO HOA! Situated on a spacious .79-acre lot and tucked away at a dead end, this property offers picturesque water views, privacy, and plenty of room to enjoy life at the lake. A rocking chair front porch welcomes you home, while the screened back porch and deck overlook the lake and provide the perfect place to relax and take in the views. The pier is already in place with a covered floating slip and vinyl decking designed to stay cooler underfoot—perfect for long summer days by the water. Inside, you'll find a spacious, open floor plan with a large main-level primary suite featuring a private ensuite bath and two walk-in closets. The open kitchen features granite countertops, a large island, walk-in pantry, and easy flow into the breakfast area and main living spaces. A formal dining room, laundry room with utility sink, and an additional full bath complete the main level. Upstairs, you'll find generously sized secondary bedrooms along with a large bonus room and additional flex space, offering plenty of options for a home office, media room, hobby space, or whatever fits your needs. Thoughtful upgrades include a whole-home water filtration and softener system, whole-home propane generator, newer garage flooring, and new 6-inch gutters with gutter guards. With nearly an acre of land, beautiful Lake Norman views, multiple outdoor living spaces, and your own pier and floating slip, this home offers everything you need to start enjoying the Lake Norman waterfront lifestyle from day one.

Price in context

• Asking $437 per square foot.
• That is 6% above the $413 median across 18 active $1.5M+ homes in Troutman.
• 11th highest asking price of 18 active $1.5M+ homes in Troutman.
• 9th largest by living area of the 13 with a recorded size.
• No price changes since it was listed.
• 26 days on the market, listed 2026-09-03.
• County tax assessment $1,137,390; the asking price is 1.49× the assessed value.

Location

Neighborhood: None, Iredell County, ZIP 28166.

Straight-line distances

• Uptown Charlotte: 29.4 mi
• Charlotte Douglas International Airport: 30.1 mi
• Wilson Air Center (private aviation, CLT): 30.5 mi
• Charlotte Country Club: 30.8 mi
• SouthPark Mall: 34.6 mi
• Quail Hollow Club: 37.6 mi

Assigned schools

• Elementary: Troutman
• Middle: Troutman
• High: South Iredell

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

Features

Levels

Two

Construction

Vinyl

Roof

Architectural Shingle

Bathrooms

3 full

Fireplace

Yes

Interior

Garden Tub, Kitchen Island, Walk-In Pantry

Flooring

Carpet, Tile, Vinyl, Wood

Kitchen & appliances

Convection Oven, Dishwasher, Disposal, Electric Range, Microwave, Self Cleaning Oven

Heating

Heat Pump

Cooling

Central Air

Garage

2 spaces

Parking

Driveway, Attached Garage, Garage Door Opener, Garage Faces Front

Exterior

Fire Pit, Dock - Floating

Waterfront

Covered structure, Dock, Pier

Lot

Views, Waterfront

Community

None

County

Iredell

Comparable homes on the market

• 298 Marietta Road, Mooresville — $6,600,000, 4 bd, 6,975 sq ft, 0.3 mi away
• 138 Fox Hunt Drive, Mooresville — $1,050,000, 4 bd, 4,329 sq ft, 0.6 mi away
• 152 Fox Hunt Drive, Mooresville — $2,195,000, 4 bd, 4,135 sq ft, 0.6 mi away
• 406 Morrison Farm Road, Troutman — $5,999,999, 5 bd, 7,085 sq ft, 0.6 mi away
• 125 Quiet Waters Drive, Mooresville — $10,995,000, 8 bd, 9,857 sq ft, 0.7 mi away
• 185 Willow Point Road, Troutman — $1,800,000, 3 bd, 3,584 sq ft, 0.8 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.