$475,000 $174/sqft
127 Pavillion Lane
Mooresville, NC 28117
3 bd · 2 ba · 2,728 sqft · 2005 · 7 h ago
Water Oak brings together the parts of Mooresville buyers ask for most often: Lake Norman access, neighborhood amenities, and genuinely useful walkability.
Listing summary: 4 Active48+ Recently Sold
$475,000 $174/sqft
Mooresville, NC 28117
3 bd · 2 ba · 2,728 sqft · 2005 · 7 h ago
$359,500 $211/sqft
Mooresville, NC 28117
3 bd · 2 ba · 1,707 sqft · 2004 · 12 d ago
$449,000 $167/sqft
Mooresville, NC 28117
4 bd · 2 ba · 2,695 sqft · 2005 · 2 mo ago
$486,000 $170/sqft
Mooresville, NC 28117
4 bd · 3 ba · 2,866 sqft · 2005 · 5 mo ago
$449,000 $217/sqft
Mooresville, NC 28117
4 bd · 2 ba · 2,066 sqft · 2003 · DOM: 68 d
$340,000 $254/sqft
Mooresville, NC 28117
3 bd · 2 ba · 1,336 sqft · 2004 · DOM: 140 d
$359,900 $215/sqft
Mooresville, NC 28117
3 bd · 2 ba · 1,671 sqft · 2005 · DOM: 70 d
$589,900 $204/sqft
Mooresville, NC 28117
4 bd · 2 ba · 2,893 sqft · 2004 · DOM: 48 d
$449,900 $185/sqft
Mooresville, NC 28117
3 bd · 2 ba · 2,434 sqft · 2005 · DOM: 193 d
Lake Norman area of Mooresville
Walkability: High
$465,000 $218/sqft
Mooresville, NC 28117
3 bd · 2 ba · 2,132 sqft · 2008 · DOM: 100 d
$390,000 $247/sqft
Mooresville, NC 28117
3 bd · 2 ba · 1,576 sqft · 2005 · DOM: 91 d
$459,000 $211/sqft
Mooresville, NC 28117
4 bd · 3 ba · 2,175 sqft · 2007 · DOM: 53 d
Scheduled open houses in Water Oak, Mooresville
AI-assisted overview based on MLS listing data for Water Oak, Mooresville
Water Oak brings together the parts of Mooresville buyers ask for most often: Lake Norman access, neighborhood amenities, and genuinely useful walkability. In a market where many lake-area subdivisions lean car-dependent, this one stands out for sidewalks that connect directly to The Village at Byers Creek, putting grocery runs, restaurants, and everyday errands close at hand.
Homes in Water Oak were built from 2000 to 2008, with the heaviest construction concentrated between 2004 and 2006. The streetscape has a recognizable Charleston influence, and Saussy Burbank is the builder name that appears most often in marketing. Front porches, detached two-car garages, hardwood floors, gas fireplaces, open main living areas, and bonus or flex rooms show up repeatedly, giving the neighborhood a consistent architectural identity even as individual homes have been updated with quartz counters, stainless appliances, new roofs, and newer HVAC systems.
Most homes fall in the three- to four-bedroom range, and lots are compact by design, typically just under 4,800 square feet, with an average lot size of about 0.11 acres. That tighter footprint helps keep the neighborhood connected, while corner lots, wooded rear buffers, and the streets closest to the lake create the best sense of separation. Current asking prices run from $340,000 to $515,000, and nine sales in the last year closed from $265,000 to $575,000, reinforcing Water Oak's place in the middle of the Mooresville market.
The amenity package is one of the clearest reasons Water Oak stays on buyers' short lists. Listings repeatedly point to a community pool with a kiddie or splash component, a clubhouse or pavilion, a playground, and a sidewalk network that ties the neighborhood together. Lake Norman is not just a nearby landmark here; residents also have access to a neighborhood launch area for kayaks and paddleboards, and several listings mention a community pond and lake-view streets.
The lake-oriented pocket carries a pricing lift. Recent waterfront-flagged sales averaged about 10 percent above the community's recent closed-sale average, and recent closings on Gresham Lane ran even stronger, reflecting the premium buyers place on water views, wooded outlooks, and the streets nearest the shoreline.
Water Oak sits in the Lake Norman and NC-150 corridor of Mooresville, with I-77 and downtown Mooresville both described as a short drive from the neighborhood. The assigned school pattern centers on Lakeshore Elementary, Lakeshore Middle, and Lake Norman High, and school access is mentioned often enough in marketing to be part of the neighborhood's standard positioning.
The result is a neighborhood with a recognizable design, everyday convenience, and a real connection to the lake without stepping into the price structure of Mooresville's larger waterfront enclaves.
Talk to a local agent about homes in Water Oak, Mooresville
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Showing 1-48+ recently sold in Water Oak, Mooresville
| Property | Sold | List Price | DOM | Size | List $/SF |
|---|---|---|---|---|---|
| | May 15 2026 | $449,000 | 68 | 2,066 sq ft | $217 |
| | Apr 28 2026 | $340,000 | 140 | 1,336 sq ft | $254 |
| | Feb 25 2026 | $359,900 | 70 | 1,671 sq ft | $215 |
| | Jan 8 2026 | $589,900 | 48 | 2,893 sq ft | $204 |
| | Dec 30 2025 | $449,900 | 193 | 2,434 sq ft | $185 |
| | Nov 7 2025 | $465,000 | 100 | 2,132 sq ft | $218 |
| | Aug 22 2025 | $390,000 | 91 | 1,576 sq ft | $247 |
| | May 14 2025 | $459,000 | 53 | 2,175 sq ft | $211 |
| | Apr 24 2025 | $409,500 | 93 | 1,853 sq ft | $221 |
| | Apr 3 2025 | $269,000 | 203 | 1,288 sq ft | $209 |
| | Mar 14 2025 | $450,000 | 36 | 2,320 sq ft | $194 |
| | Feb 14 2025 | $400,000 | 139 | 1,837 sq ft | $218 |
| | Nov 26 2024 | $405,000 | 111 | 1,822 sq ft | $222 |
| | Sep 30 2024 | $465,000 | 58 | 2,255 sq ft | $206 |
| | Sep 16 2024 | $444,500 | 117 | 2,035 sq ft | $218 |
| | Aug 28 2024 | $450,000 | 46 | 2,550 sq ft | $176 |
| | Aug 16 2024 | $310,000 | 45 | 1,400 sq ft | $221 |
| | Aug 1 2024 | $319,900 | 136 | 1,260 sq ft | $254 |
| | Jul 12 2024 | $450,000 | 36 | 2,758 sq ft | $163 |
| | Jul 12 2024 | $379,000 | 59 | 1,663 sq ft | $228 |
| | Jun 21 2024 | $430,000 | 73 | 2,142 sq ft | $201 |
| | Mar 27 2024 | $450,000 | 102 | 2,523 sq ft | $178 |
| | Mar 15 2024 | $398,500 | 25 | 1,856 sq ft | $215 |
| | Mar 14 2024 | $457,000 | 187 | 2,518 sq ft | $181 |
| | Jan 31 2024 | $449,000 | 97 | 2,758 sq ft | $163 |
| | Jan 11 2024 | $450,000 | 67 | 2,760 sq ft | $163 |
| | Nov 15 2023 | $550,000 | 45 | 3,225 sq ft | $171 |
| | Nov 9 2023 | $362,000 | 34 | 1,664 sq ft | $218 |
| | Sep 21 2023 | $445,000 | 149 | 2,175 sq ft | $205 |
| | Sep 19 2023 | $356,000 | 78 | 1,669 sq ft | $213 |
| | Jul 20 2023 | $330,000 | 35 | 1,554 sq ft | $212 |
| | Jun 30 2023 | $496,500 | 92 | 3,171 sq ft | $157 |
| | Dec 20 2022 | $346,000 | 113 | 1,690 sq ft | $205 |
| | Dec 12 2022 | $349,900 | 48 | 1,661 sq ft | $211 |
| | Dec 2 2022 | $369,000 | 198 | 1,742 sq ft | $212 |
| | Sep 21 2022 | $399,900 | 33 | 1,871 sq ft | $214 |
| | Aug 4 2022 | $315,500 | 28 | 1,544 sq ft | $204 |
| | Jul 28 2022 | $425,000 | 34 | 2,451 sq ft | $173 |
| | Jul 8 2022 | $399,900 | 28 | 1,846 sq ft | $217 |
| | May 20 2022 | $375,000 | 18 | 1,809 sq ft | $207 |
| | May 9 2022 | $375,000 | 13 | 1,841 sq ft | $204 |
| | Apr 15 2022 | $370,000 | 35 | 1,874 sq ft | $197 |
| | Mar 17 2022 | $439,900 | 34 | 2,824 sq ft | $156 |
| | Dec 13 2021 | $289,900 | 14 | 1,544 sq ft | $188 |
| | Nov 2 2021 | $350,000 | 32 | 2,125 sq ft | $165 |
| | Aug 31 2021 | $320,000 | 29 | 2,260 sq ft | $142 |
| | Aug 25 2021 | $279,900 | 34 | 1,537 sq ft | $182 |
| | Aug 13 2021 | $300,000 | 22 | 2,182 sq ft | $137 |
Aggregated from MLS listing history for Water Oak, Mooresville
The Water Oak real estate market shows buyer's market conditions. Homes typically sell within 64 days. With 4 active listings and 7 homes sold in the past year, buyers have more negotiating power and time to decide.
Listings taken off the market in the past year in Water Oak, Mooresville
Mooresville, NC 28117
3 bd · 2 ba · 1,866 sqft
Mooresville, NC 28117
3 bd · 2 ba · 1,548 sqft
Mooresville, NC 28117
3 bd · 2 ba · 1,883 sqft
These homes are no longer available, but they show recent pricing and listing activity in Water Oak. Our agents can help you watch for new listings in this area.
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