17005 Belle Isle Drive
About This Property
Nestled along the prestigious Jetton Rd on Belle Isle, this remarkable waterfront property offers a rare chance to own over an acre of mature, wooded landscape surrounded by some of Lake Norman's most distinguished estates. With expansive shoreline, tranquil water views, and a private dock featuring a covered boat lift and floating section, this setting perfectly blends natural beauty with prime location.
The existing cottage is impeccably maintained and provides a charming lakeside retreat while plans are envisioned for a future custom residence. A private boat ramp adds to the property's exceptional functionality, while the dock's placement along the far-left elevation ensures unobstructed panoramic lake views from both the current home and any future build.
Opportunities of this caliber are seldom available-ideal for those seeking to create a signature lakefront estate in one of Cornelius's most sought-after locations. One of the last remaining premier waterfront parcels with long-range views-an extraordinary offering in every sense.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by Ivester Jackson Christie's | $3,700,000 | |
| Listed by Ivester Jackson Christie's | |||
| Feb 7, 2026 | Relisted | $3,700,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017