Island-like estate on Lake Norman gets $4M price cut

A Lake Norman estate on the market for nearly a year just got a little more “affordable” with a price cut of $4 million.

That island-like property on the western edge of Huntersville had its price reduced 18.2% to $18 million on March 25. It was originally listed for $22 million on April 21 of last year.

Called Merancas Island, the property is located on a gated parcel at the tip of Island Drive — off N.C. Highway 73, near Denver and Duke Energy’s McGuire Nuclear Station. It’s about 22 miles north of uptown Charlotte.

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Only accessible by water or private road, Merancas Island spans 4.5 acres that include a primary home, guest house, tennis courts and two docks — one with a gazebo and the other for boats. Palm trees, sculpture gardens, a garden shed and a “dog house” with runs can also be found on the grounds.

The main home has 12,900 square feet, three bedrooms and five-and-a-half bathrooms. An indoor courtyard features a pool, sunroom, steam shower and sauna, according to its listing details.

Read more and check out photos of the property on CBJ’s website here .

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