At $168,500, this Contemporary traditional at 238 Royalton Rd in Mooresville, NC 28115 represents a benchmark for custom home construction along this prominent road. Completed during the pre-recession recovery cycle, this 2005 transaction demonstrates the sustained demand for The Peters Team' signature quality in the 28115 corridor.
The Peters Team represented the seller of this property, bringing deep market knowledge and strategic pricing to achieve optimal results in the Mooresville market.
The Mooresville market has long attracted discerning buyers seeking lake norman waterfront and nascar industry hub. Known as 'Race City USA,' Mooresville sits on the shores of Lake Norman and offers stunning waterfront estates, excellent Iredell-Statesville schools, and a thriving downtown. The town attracts NASCAR industry professionals and families seeking lakefront luxury. Properties on prominent roads like Royalton Rd benefit directly from this desirability, as evidenced by the $168,500 closing price achieved in 2005.
This property transacted during the recovery period following the 2008 financial crisis, a time when savvy buyers recognized the opportunity to acquire custom-built quality at compelling valuations. The $168,500 price point in 2005 has proven to be an excellent entry point, as Mooresville property values have appreciated significantly in the years since.
The Peters Team has delivered over 280 residences across the Carolinas, earning a reputation as one of the region's most dependable luxury builders. Every project begins with a detailed understanding of the homeowner's vision and ends with a residence that exceeds expectations — from the structural engineering and foundation work to the final coat of paint and landscaping installation.
The 28115 ZIP code, encompassing this section of Mooresville, is served by Iredell-Statesville Schools and falls within Iredell County. Over 50 NASCAR teams and related businesses call Mooresville home. Homeowners at 238 Royalton Rd benefit from waterfront dining and boating lifestyle, creating a lifestyle that balances convenience with the privacy and space that custom home living provides.