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Lake Norman of Catawba, NC Multifamily Home for Sale

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    $975,000

    • 12 Beds
    • 5,270 Sq Ft

    4681 Grassy Creek Rd, Denver, NC 28037

    INVESTMENT OPPORTUNITY! 3 Duplexes (6 units total) buildings located in Growing Lake Norman Market! Minutes from many grocery stores, dining, shopping and all the recreational amenities Lake Norman has to offer. ALL 6 UNITS are currently rented. Each unit has 2 BR, 1-1.5 Baths, and in-unit laundry hookups. Two 1-story buildings and one 2-story building. All Units include refrigerator and range.

    Boston Reid COMPASS

    4681 Grassy Creek Rd, Denver, NC 28037

Why Live in Lake Norman of Catawba

Lake Norman of Catawba, located on the western shore of North Carolina’s largest lake, is a census-designated community with a population of over 8,500. The area has seen significant residential and commercial development in recent years, with new single-family homes and condos being built. Home styles range from smaller ranch-style homes to million-dollar custom-built residences, with many properties featuring wooded lots and community boat ramps. Lake Norman’s 500 miles of shoreline provide ample opportunities for boating, fishing, and paddleboarding, making lakefront living highly desirable. Mountain Creek Park, a 600-acre park with a playground, pickleball courts, and a mountain bike skills course, is a popular destination, along with Stumpy Creek Park and Lake Norman State Park, which are within a short drive. The area also features several golf courses. Retail development along North Carolina Route 150 includes local and chain dining options, particularly seafood restaurants with waterfront views. While there is a Publix Supermarket nearby, larger shopping centers are located in Mooresville or Huntersville. Catawba County Schools, which serve the community, are highly rated and offer various educational programs, including dual language immersion and virtual schooling options. Commuting to Uptown Charlotte, approximately 33 miles away, can take about 50 minutes via Interstate 77, though traffic on North Carolina Highway 150 can be heavy, especially during rush hour or weekends.

Home Trends in Lake Norman of Catawba, NC

Housing Trends

Median Sale Price
$417,495
Median Single Family Sale Price
$721,286
Median Townhouse Sale Price
$359,000
Median 2 Bedroom Sale Price
$270,990
Average Price Per Sq Ft
$256
Number of Homes for Sale
79
Last 12 months Home Sales
146
Months of Supply
6.50
Median List Price
$425,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-1%
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