$3,425,000

20601 Island Forest Dr Cornelius, NC 28031

Island Forest Neighborhood

Estimated payment $20,069/month

Total Views 5,668
4 Beds
3.5 Baths
3,600 Sq Ft
$951 Price per Sq Ft

Highlights

  • Water Views
  • Boat Lift
  • Open Floorplan
  • Bailey Middle School Rated A-
  • In Ground Pool
  • Deck

About This Home

Welcome to this exquisite Lake Norman waterfront retreat nestled in the heart of Cornelius. This luxurious 4-bed, 3.5-bath beauty, built in 2020, offers an unparalleled blend of modern design and serene lakefront living. As you enter, you're greeted with an open floor plan bathed in abundant natural light. The living, dining, kitchen and keeping rooms seamlessly make up the main living areas. Main-level primary suite boasts a spa-like bath and a private deck where you can soak in sunset views over the lake. Additional main-level amenities include a bar with a beverage fridge, drop zone, and laundry room. Upper level offers a versatile loft, 3 beds, 2 full baths, and a large flex/bonus room. Step outside to your own backyard oasis where a saltwater pool. Private stationary dock with a boat lift, level spacious yard with meticulous landscaping, 2 car attached garage, prime location. This home epitomizes luxury and tranquility, making it an incredible Lake Norman gem!

Listing Agent

Nicole Leininger

Ivester Jackson Distinctive Properties Brokerage Email: nicole@ivesterjackson.com License #279887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,332

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 71 x 246 x 12 x 12 x 17 x 11 x 23 x 235
  • Back Yard Fenced
  • Irrigation
  • Property is zoned GR

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Pool

  • In Ground Pool
  • Fence Around Pool
  • Saltwater Pool

Outdoor Features

  • Waterfront has a Concrete Retaining Wall
  • Boat Lift
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Island Forest Community Association
  • Island Forest Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 001-114-26

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,332

Year Built

Built in 2020

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 951.39
  • Geocode Confidence: High
  • Attribution Contact: nicole@ivesterjackson.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Walk In, Built-in Features, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2277
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 292
  • Sq Ft Unheated Total: 997
  • Sq Ft Unheated Upper: 705
  • Sq Ft Upper: 1323
  • Appliances: Bar Fridge, Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Oven, Refrigerator with Ice Maker, Self Cleaning Oven, Tankless Water Heater, Washer/Dryer
  • Above Grade Finished Sq Ft: 3600
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Screen Door(s), Sliding Doors
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 3600
  • Window Features: Window Treatments
  • Bedroom Main: 1
  • Room Count: 17

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Partial
  • Pool Features: Fenced, In Ground, Outdoor Pool, Salt Water
  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Boat Ramp – Community, Retaining Wall, Dock
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 591
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Inside, Laundry Room, Main Level, Sink
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 95
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Island Forest Community Association
  • ResoAssociationFeeFrequency: Annually
  • Association Email: https://islandforestcommunityassociation.org/

Association/Amenities

  • Association Annual Expense: 95.00

Schools

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

Lot Info

  • Lot Features: Views, Waterfront
  • Lot Size Area: 0.33
  • Lot Size Units: Acres
  • Parcel Number: 001-114-26
  • Zoning: GR
  • Lot Size: 71 x 246 x 12 x 12 x 17 x 11 x 23 x 235
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $11,332 $1,719,300 $950,000 $769,300
2022 $8,265 $969,000 $400,000 $569,000
2021 $7,574 $898,100 $400,000 $498,100
2020 $4,693 $554,700 $400,000 $154,700
2019 $4,687 $554,700 $400,000 $154,700
2018 $4,906 $452,500 $350,000 $102,500
2017 $4,869 $452,500 $350,000 $102,500
2016 $4,865 $452,500 $350,000 $102,500
2015 $4,794 $458,100 $350,000 $108,100
2014 $4,851 $458,100 $350,000 $108,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $3,425,000 0.0% $951 / Sq Ft
09/04/2018 09/04/18 Rented $2,595 0.0% --
08/23/2018 08/23/18 For Rent $2,595 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $560,000 None Available
Warranty Deed $525,000 None Available
Warranty Deed $251,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Open $510,400 New Conventional
Closed $630,000 Construction
Closed $417,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $185,500 Unknown
Previous Owner $40,930 Credit Line Revolving
Previous Owner $200,600 Purchase Money Mortgage
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4232070

Canopy MLS (Canopy Realtor® Association)

APN: 001-114-26