News & Media

New Record-Setting Home Sales on Lake Norman Keep Luxury Market Hot in Charlotte Region


By Jenna Martin – Managing Editor, Digital , Charlotte Business Journal

A Mooresville home on the market for less than three months sold this week for $7.5 million, setting a real estate record for that Lake Norman town. It coincides with another record-breaking residential sale just made in Cornelius at $7.67 million.

In Mooresville, the home on Points End Drive carried the highest residential sales price per square foot ever recorded there, according to listing brokerage Premier Sotheby’s International Realty. The property includes a 6,604-square-foot home and an additional 586-square-foot waterfront fitness lounge. That equates to the home selling for about $1,136 per square foot and a combined sales price per square footage of $1,043.

It holds claim to being Mooresville’s most expensive home sale on record. It shares that distinction with a Lake Norman mansion purchased in 2020 by an entity linked to former Carolina Panthers running back Christian McCaffrey.

Those two Mooresville homes, however, are not the most expensive residential properties to ever sell on Lake Norman…Read more.