8924 Holdsclaw RoadTerrell, NC 28682Price: $450,000

A rare and valuable opportunity awaits on Lake Norman! Situated on a quiet private road in the desirable Terrell area, this level waterfront lot offers big, open water views and exceptional potential for a new owner with vision. With no HOA, no discoverable deed restrictions, and no recorded maintenance agreement on the private road, this property provides a degree of freedom and flexibility that's increasingly hard to find on the lake. The property currently features an older mobile home that was previously used as a primary residence. The condition is unknown and is being sold at no value, yet offers existing utilities and infrastructure that may serve as a starting point for future development. A large storage building is also located on-site; however, it appears to encroach upon setback lines and may require removal or adjustment. Two piers currently extend into the lake-an arrangement not permitted by Duke Energy Lake Management. The new owner will be required to remove one pier and bring the remaining dock into compliance with current regulations. The price reflects these considerations, creating an excellent opportunity to secure prime waterfront property at a value that accounts for the necessary updates. Enjoy beautiful water views, a gently sloping and usable lot, and the chance to design a custom lake retreat that perfectly fits your lifestyle. The water depth and quality here are excellent for boating, swimming, and lakeside recreation. Location-wise, this property shines. Terrell and neighboring Sherrills Ford are among Lake Norman's fastest-growing areas, offering new restaurants, marinas, and conveniences while maintaining a relaxed lake-town atmosphere. You're just minutes from the Publix-anchored Village at Sherrills Ford shopping center, major highway connections, and an easy drive to Denver, Mooresville, and Charlotte. Whether you're looking to build your dream home, hold as an investment, or explore redevelopment potential, 8924 Holdsclaw Road presents a one-of-a-kind opportunity to own true Lake Norman waterfront property in a highly sought-after and evolving location.