$5,800,000
SOLD JUL 31, 2026
7 Beds
12 Baths
10,267 Sq Ft
0.77 Acre Lot

Sale Details

Date Sold: July 31, 2026

$565 Per Sq Ft

40% Below List Price

42 Days on Market

Highlights

  • Pier
  • Boat Lift
  • Waterfront
  • Bailey Middle School Rated A-
  • Heated Pool and Spa
  • 0.77 Acre Lot

About This Home

As of July 2026

LUXURY PROPERTY AUCTION: 17–30 June.
AUCTION BIDDING OPEN: Bidding ends June 30th. Previously Listed $9.595M. Current High Bid $5.05M. Showings Open Sun 1–3PM & by Appointment Lake Norman has no shortage of waterfront homes, but few earn the word landmark. This Nantucket-inspired estate by Patrick Joseph Distinctive Homes is one of them. Set on a private cove in the prestigious Peninsula area, the property delivers panoramic lake views from nearly every room across four thoughtfully designed levels. A drive-through brick motor court and custom pivot entry door set the tone before you step inside. From there, the home unfolds with the kind of detail that accumulates over time and reveals itself slowly: Sub-Zero, Wolf, and Miele appliances in the dream kitchen, a spa-level primary suite on the main floor, a 10-seat home theater, a wine cellar, and a full entertainment level with bar and fireplace that opens directly to the saltwater pool. Outside, a covered deep-water dock with boat lift brings the lake to your doorstep. Multiple covered porches and terraces complete a property where the water is never far from view. The sale also presents the opportunity to acquire a full golf membership at The Peninsula Club, bypassing the waiting list entirely.

Last Agent to Sell the Property

Nancy Zylstra

Ivester Jackson Christie's Brokerage Email: nancy@ivesterjackson.com License #323749 Listed on: 05/19/2026

Co-Listed By

Charlie Zylstra

Ivester Jackson Christie's Brokerage Email: nancy@ivesterjackson.com License #323256

Last Buyer's Agent

Non Member

Canopy Administration

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 33,541 Sq Ft Lot
  • Waterfront
  • Fenced
  • Irrigation
  • Additional Parcels
  • Property is zoned GR

Parking

  • 4 Car Attached Garage
  • Circular Driveway
  • 20 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Hardboard

Interior Spaces

  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Bar Fridge
  • Gas Fireplace
  • Insulated Windows
  • Sliding Doors
  • Insulated Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Recreation Room with Fireplace
  • Screened Porch
  • Storage
  • Laundry Room
  • Water Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Walk-In Pantry
  • Double Convection Oven
  • Dishwasher
  • Wolf Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Pier
  • Boat Lift
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Terrace
  • Fire Pit
  • Outdoor Gas Grill

Schools

  • Cornelius Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 001-331-03

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.77 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Second Living Quarters: Exterior Not Connected,Separate Entrance
  • Road Surface Type: Brick, Paved
  • Unit Levels: Three
  • Ratio CurrentPrice/TotalPropertyHLA: 564.92
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: nancy@ivesterjackson.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Slate, Wood
  • Interior Amenities: Central Vacuum, Drop Zone, Elevator, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3246
  • Third Level Sq Ft: 843
  • Sq Ft Unheated Basement: 273
  • Sq Ft Unheated Main: 390
  • Sq Ft Unheated Third: 161
  • Sq Ft Unheated Total: 1233
  • Sq Ft Unheated Upper: 409
  • Sq Ft Upper: 3104
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven
  • Above Grade Finished Sq Ft: 7193
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 5
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 2519
  • Door Features: Insulated Door(s), Sliding Doors
  • Fireplace Features: Bonus Room, Family Room, Gas, Gas Starter, Living Room, Outside, Porch, Recreation Room
  • Living Area: 10267
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Gas Grill, In-Ground Irrigation
  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Pool Features: Heated, In Ground, Outdoor Pool, Pool/Spa Combo, Salt Water
  • Pool Private: Yes
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Boat Lift, Pier, Dock
  • Construction Type: Brick Partial, Hardboard Siding
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Side Porch, Terrace

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer, Sewage Pump
  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air, Ductless
  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Natural Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: None

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 001-331-03
  • Zoning: GR
  • Lot Size Acres: 0.77
  • Lot Size: Per Tax Records
  • Additional Parcels Description: additional parcel ID 001-331-88
  • Additional Parcels: Yes
  • Zoning Specification: GR

MLS Schools

  • Elementary School: Cornelius
  • High School: William Amos Hough

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2012
Sold by
Bulldog Development Llc
Bought by

Purchase Details

Closed on
Aug 29, 2011
Sold by
Bulldog Investments Llc
Bought by
Rainey Donald J and Donald J Rainey Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
2.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2006
Sold by
Lewis Robert W and Lewis Sandra A
Bought by
Surane James W and Hines Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cornelius, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $3,100,000 None Available
Warranty Deed $1,000,000 Morehead Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $914,000 Credit Line Revolving
Closed $400,000 No Value Available
Open $2,495,000 Stand Alone Refi Refinance Of Original Loan
Closed $2,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,100,000 New Conventional
Previous Owner $900,000 Purchase Money Mortgage
Previous Owner $150,000 Unknown
Previous Owner $150,000 Unknown
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2026 07/31/26 Sold $5,800,000 +14.9% $565 / Sq Ft
06/30/2026 06/30/26 Pending -- -- --
06/17/2026 06/17/26 Price Changed $5,050,000 -47.4% $492 / Sq Ft
05/19/2026 05/19/26 For Sale $9,595,000 -- $935 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $33,583 $5,035,800 $1,700,000 $3,335,800
2024 $33,094 $5,035,800 $1,700,000 $3,335,800
2023 $33,094 $5,035,800 $1,700,000 $3,335,800
2022 $31,071 $3,655,500 $1,300,000 $2,355,500
2021 $30,705 $3,655,500 $1,300,000 $2,355,500
2020 $30,505 $3,631,600 $1,300,000 $2,331,600
2019 $30,499 $3,631,600 $1,300,000 $2,331,600
2018 $35,195 $3,261,700 $700,000 $2,561,700
2017 $34,947 $3,261,300 $700,000 $2,561,300
2016 $34,944 $3,261,700 $700,000 $2,561,700
2015 $34,451 $3,261,700 $700,000 $2,561,700
2014 $34,449 $3,261,700 $700,000 $2,561,700
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: 4383526

Canopy MLS

APN: 001-331-03

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