For Sale $464,900.00
Investing in Creativity
Selling my investment home is more than a real estate decision—it’s an investment in my future as an artist. Every creative journey requires choices, and I have chosen to devote more of my resources, time, and energy to creating art that will outlive any property I could own.
Michael John Valentine
Call Michael 808-755-5733 for more information, or to schedule a private showing.
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Lockbox on site for convenient showings
- Request a showing at 808-755-5733 or Michael@valentinedesign.com
A Rare Lake Norman Investment Opportunity with Long-Term Value
Welcome to 119 Port Bow Drive in the highly desirable Falls Cove at Lake Norman community—an exceptional residence that offers far more than beautiful architecture. This is one of the few homes in the neighborhood that is grandfathered and approved for long-term rental use, creating an uncommon opportunity for investors seeking a turnkey income-producing property.
Built in 2021 by Lennar, this thoughtfully designed Inlet floor plan offers approximately 2,700 square feet of living space with four bedrooms, three-and-a-half bathrooms, a two-car garage, and an open-concept layout that blends modern style with everyday comfort. The primary suite is conveniently located on the main level, while the second floor features a second possible master with spacious bedrooms, additional bathrooms, and a large loft ideal for a media room, home office, or guest retreat with a beautiful covered outdoor patio with front and rear landscape lighting and dedicated storage on the second floor and through pull down stairs into the attic space.
The heart of the home is a bright chef’s kitchen featuring upgraded kitchen backsplash, quartz countertops, Frigidaire Gallery Gas Stove, Single Bowl under mount stainless steel sink, Upgraded GE Side By Side Refrigerator,. The generous pantry, and an oversized island flows seamlessly into the great room with its inviting gas fireplace. Quality finishes throughout, including upgraded handrails accents, Hardie Plank siding, and contemporary design elements, make this home as attractive as it is functional.
Outside, you’ll discover an oversized fenced premium corner homesite with evergreens surrounding a private patio. The irrigation system has its own dedicated water meter eliminating the cost associated with sewer bills. The elevated homesite is considerably larger than all the other homesites and had a premium upgrade charge creating additional separation from neighboring homes while enhancing curb appeal.
Designed for Investors
What truly distinguishes this property is its investment potential. In a community where rental approvals are extremely limited, this home stands out as one of only a handful of HOA-approved rental properties. Whether you’re expanding a real estate portfolio, seeking dependable long-term rental income, or completing a 1031 tax-deferred exchange, opportunities like this rarely become available. The combination of modern construction, low-maintenance ownership, and HOA-approved rental status creates a compelling investment in one of the fastest-growing regions surrounding Lake Norman.
Exceptional Location
Located just minutes from Lake Norman State Park, residents enjoy quick access to boating, fishing, kayaking, marinas, Lake Norman State Park for swimming and hiking trails, shopping, restaurants, and major commuter routes connecting to Mooresville, Statesville, and Charlotte. Troutman continues to attract both homeowners and tenants who appreciate its small-town charm combined with easy access to the Lake Norman lifestyle.
An Opportunity Worth Considering
Whether you are searching for your next primary residence, a future retirement home, or a carefully selected investment property, 119 Port Bow Drive offers a unique combination of quality construction, desirable location, and uncommon rental flexibility that is increasingly difficult to find.
Properties with these characteristics are exceptionally rare. If you have been waiting for a home that combines lifestyle, long-term value, and investment potential, this is an opportunity you won’t want to miss. MLS#4394487 Brochure Listing Page Craigslist Link Pinterest Youtube Instagram X