$575,000
SOLD JAN 8, 2026

138 Gresham Ln Mooresville, NC 28117

4 Beds
2.5 Baths
2,893 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • Water Views
  • Community Cabanas
  • Open Floorplan
  • Lakeshore Elementary School Rated A-
  • Access To Lake
  • Pond

About This Home

As of January 2026

Discover lakeside elegance in this Charleston-style Saussy Burbank home in Water Oak’s coveted lakefront enclave, where homes rarely come to market. Across the street, a preserved natural corridor alive with birds & wildlife stretches toward Lake Norman, creating a serene backdrop visible from two covered rocking chair front porches. With no homes directly across the street, this residence enjoys a unique blend of privacy and tranquility in one of the neighborhood’s most desirable settings. Step inside to a gracious foyer, grand staircase, 10' ceilings & hardwood floors. A dining rm & versatile living rm (an ideal home office) lead into the heart of the home, where the family rm, breakfast area & spacious chef’s kitchen come together seamlessly. The kitchen is a true showstopper, featuring an oversized island, walk-in pantry & extra wall of cabinets, offering generous storage/prep space for effortless cooking and entertaining. Upstairs, the spacious primary suite serves as a luxurious, peaceful retreat, while one of the 3 additional BRs has been converted into a fully equipped home theater for a true cinematic movie experience at home—just bring the popcorn! A cozy landing leads to the upper balcony, your private perch for morning coffee with a view. A patio & gazebo surrounded by fountains and seasonal plantings create a private oasis for relaxation and get-togethers. Detached two-car garage, newer roof & 1st level HVAC (both 2023) & home generator offer added convenience and peace of mind. Water Oak is a sought-after community with tree-lined streets, sidewalks & charming architecture. Residents enjoy an outdoor pool, splash pad, covered pavilion, playground & kayak/paddleboard launch. The Village at Byers Creek is right next door for daily essentials, with I-77 & additional shopping and dining just minutes away. With its lakefront location, privacy & proximity to area amenities, Water Oak offers the best in lakeside living and everyday convenience.

Last Agent to Sell the Property

Jenny McCarver

Hendrix Properties Brokerage Email: jenny@hendrixproperties.com License #269003 Listed on: 11/21/2025

Co-Listed By

Chad Hendrix

Hendrix Properties Brokerage Email: jenny@hendrixproperties.com License #213726

Last Buyer's Agent

Eric Maynard

Keller Williams Unified License #313547

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot
  • Property is Fully Fenced
  • Wooded Lot
  • Property is zoned CM

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • 1 Open Parking Space

Home Design

  • Charleston Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Sound System
  • Wired For Data
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Storage
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Access To Lake
  • Pond
  • Balcony
  • Covered Patio or Porch
  • Gazebo

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Generator Hookup
  • Power Generator
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4637-99-1980.000

Community Details

Overview

  • Kuester Management Association, Phone Number (803) 802-0004
  • Https://Www.Wateroaklkn.Com/ Association
  • Built by Saussy Burbank
  • Water Oak Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Cabanas
  • Community Pool

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

6,098 Sq Ft Lot

HOA Fees

$57 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Charleston
  • Year Built: 2004
  • Restrictions: Architectural Review,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Pet breed restrictions (see CCRs EXHIBIT B)
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 198.76
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: jenny@hendrixproperties.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1447
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1446
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Other Equipment: Generator, Generator Hookup, Surround Sound
  • Above Grade Finished Sq Ft: 2893
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Screen Door(s)
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 2893
  • Bedroom Main: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Fencing: Fenced, Full
  • View: Water, Winter
  • Water Body Name: Lake Norman
  • Waterfront Features: Paddlesport Launch Site - Community
  • Exclusions: Eufy doorbell camera, mounted cabinet in powder rm, wall clock over laundry door & wall mounted vacuum in laundry
  • Construction Type: Fiber Cement
  • Other Structures: Gazebo
  • Patio And Porch Features: Balcony, Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Detached Garage, Garage Door Opener, Garage Faces Rear, Keypad Entry, Parking Space(s)
  • Assigned Spaces: 0

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
  • Cooling: Central Air
  • Utilities: Electricity Connected, Natural Gas, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Cabana, Lake Access, Outdoor Pool, Playground, Pond, Sidewalks, Street Lights
  • Association Fee: 170.17
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: https://www.wateroaklkn.com/
  • Association Name: Kuester Management
  • Phone: 803-802-0004
  • Association: Yes
  • Association Email: support@kuester.com

Association/Amenities

  • Association Annual Expense: 680.68

Schools

  • Middle Or Junior School: Lakeshore
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 4637-99-1980.000
  • Plat Book Slide: 43/29
  • Plat Reference Section Pages: 43/29
  • Development Status: Completed
  • Lot Size Acres: 0.14
  • Additional Parcels: No
  • Zoning Specification: CM

Building Info

  • Builder Name: Saussy Burbank

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2025
Closed on
Jan 8, 2026
Sold by
Abbott Debra and Abbott Andrew
Bought by
Splendorio Debara and Splendorio David
Seller's Agent
Jenny McCarver
Hendrix Properties
Buyer's Agent
Eric Maynard
Keller Williams Unified
List Price
$589,900
Sold Price
$575,000
Premium/Discount to List
-$14,900
-2.53%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$295,000
Outstanding Balance
$295,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$286,537

Purchase Details

Closed on
Jan 13, 2014
Sold by
Sunderland Thomas Stanley and Sunderland Haga Jennifer
Bought by
Abbott Andrew and Abbott Debra

Purchase Details

Closed on
Aug 7, 2007
Sold by
Bussey Brent and Bussey Laura S
Bought by
Sunderland Jennifer and Sunderland Thomas Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2005
Sold by
Arvida Mid Atlantic Homes Inc
Bought by
Bussey Brent and Bussey Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Warranty Deed $260,000 None Available
Warranty Deed $313,000 None Available
Warranty Deed $312,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 New Conventional
Previous Owner $83,000 Purchase Money Mortgage
Previous Owner $281,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2026 01/08/26 Sold $575,000 -2.5% $199 / Sq Ft
11/21/2025 11/21/25 For Sale $589,900 -- $204 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,020 $483,510 $60,000 $423,510
2024 $5,020 $483,510 $60,000 $423,510
2023 $4,960 $483,510 $60,000 $423,510
2022 $3,504 $297,810 $38,000 $259,810
2021 $3,504 $297,810 $38,000 $259,810
2020 $3,504 $297,810 $38,000 $259,810
2019 $3,474 $297,810 $38,000 $259,810
2018 $3,109 $265,230 $45,000 $220,230
2017 $3,049 $265,230 $45,000 $220,230
2016 $3,049 $265,230 $45,000 $220,230
2015 $3,049 $265,230 $45,000 $220,230
2014 $3,115 $278,570 $45,000 $233,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4319999

Canopy MLS (Canopy Realtor® Association)

APN: 4637-99-1980.000

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