21216 Rio Oro Drive
About This Property
At the heart of the home, the kitchen pairs high-end design with exceptional functionality. A 2.5-inch mitered-edge Azurra Bay quartzite island, custom two-tone inset cabinetry, white oak accents, a substantial panel-ready appliance package, and an oversized Venetian plaster range hood create a beautiful gathering space overlooking the lake. Just beyond is a hidden pantry/scullery with custom cabinetry, a full-size refrigerator, second dishwasher, microwave, and abundant storage.
The main level also features a private guest suite with its own finished en-suite bath and oversized walk-in shower, ideal for multigenerational living, long-term guests, or a private retreat. Upstairs, the primary suite feels like a true escape, with sliders to a private balcony overlooking the lake, two oversized custom closets with integrated LED lighting, and a spa-inspired bath with marble tile, floor-to-ceiling glass shower, custom cabinetry, dual vanities, and gold fixtures. Three additional bedrooms and a generously sized laundry room with extensive cabinetry and storage complete the upper level.
The lower level is a finished basement built as an extension of the home's entertaining space, with a full custom golf simulator, built-in sauna, private home office, second laundry room, and a kitchenette with ice maker and wine cooler. Quad-stack sliders and a pass-through window from the kitchenette open the indoor/outdoor space to the lower terrace, with room for a future pool just outside. It was designed for lake days, pool parties, game days, and evenings with friends.
Outside, professionally landscaped grounds lead to a private dock on a peaceful Lake Norman cove. The three covered rear porches offer places to relax, dine, and enjoy the setting, with a future pool area just steps from your door.
Located in Bahia Bay in Cornelius, minutes from dining, shopping, and medical care, this home delivers the Lake Norman lifestyle in one of the area's most sought-after waterfront locations. Exceptional craftsmanship, thoughtful design, and waterfront living come together in a home that truly needs to be experienced in person
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 2, 2026 | Listed by Ivester Jackson Christie's | $3,750,000 | |
| Listed by Ivester Jackson Christie's | |||
| Oct 16, 2026 | Price Decreased |
$3,750,000
↓ $225K
(5.7%) | |
| Price Decreased | |||
| Sep 17, 2026 | Listed by Adams and Collins Realty LLC | $3,975,000 | |
| Listed by Adams and Collins Realty LLC | |||
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Waterfront living on Lake Norman takes on a whole new meaning in this exceptional custom home in Cornelius. Designed for the way you actually want to live, entertain, work, and unwind, every level of this home has been thoughtfully planned with incredible attention to detail. From the moment you enter through the dramatic 10-foot custom Clark Hall steel door, the quality is unmistakable. Soaring 12-foot ceilings, wide-plank European white oak floors, custom millwork, a striking wine wall, diamond-coffered ceiling, and oversized arched openings set the tone, while expansive quad-stack sliders create a seamless connection between the home, outdoor living spaces, and water beyond.
At the heart of the home, the kitchen combines high-end design with exceptional functionality. Custom two-tone inset cabinetry, white oak accents, a substantial Azurra Bay quartzite island with 2.5-inch mitered edge, panel-ready appliances, and an oversized Venetian plaster range hood create a beautiful gathering space overlooking the lake. Just beyond is a hidden pantry/scullery that feels like a second kitchen, complete with custom cabinetry, a full-size refrigerator, second dishwasher, microwave, and abundant storage.
One of the most thoughtfully designed features of the main level is the private guest suite with its own beautifully finished en-suite bath and oversized walk-in shower. Whether hosting family, long-term guests, or creating a private space for multigenerational living, guests can enjoy their own retreat without sacrificing privacy.
Upstairs, the primary suite feels like a true escape, with gorgeous sliders leading to a private balcony overlooking the lake. It's the perfect spot to unwind at night. Two oversized custom closets with integrated LED lighting, and a spa-inspired bath with marble tile, floor-to-ceiling glass shower, custom cabinetry, dual vanities, and beautiful gold fixtures complete this retreat. Three additional bedrooms and a generously sized laundry room with extensive cabinetry and storage complete the upper level.
But the lower level is where this home truly becomes something special. Designed as an extension of the home’s entertaining space rather than simply a finished basement, it includes a full custom golf simulator, built-in sauna, private home office, second laundry room, and a beautifully appointed kitchenette with ice maker and wine cooler. Quad-stack sliders open the entire space to the lower terrace, while an accordion-style pass-through window from the kitchenette makes indoor/outdoor entertaining effortless. With room for a future pool just outside, this level was designed with lake days, pool parties, game days, and evenings with friends in mind. The second laundry room is an especially thoughtful addition for lake and future pool towels without carrying everything through the home.
Outside, professionally landscaped grounds lead to a peaceful Lake Norman cove and new private dock, putting the water just steps from your door. The 3 covered rear porch provides another place to relax, dine, and enjoy the setting, while the future pool area offers the opportunity to create a complete waterfront resort experience.
From two laundry rooms and exceptional storage to the hidden scullery, private office, golf simulator, sauna, guest suite, custom architectural details, and multiple indoor/outdoor entertaining spaces, no detail feels like an afterthought. This is a home designed not simply to look beautiful, but to live beautifully.
Located in Bahia Bay in Cornelius, this is an opportunity to enjoy the Lake Norman lifestyle in one of the area’s most sought-after waterfront locations—minutes from dining, shopping, medical care, and everything Cornelius has to offer. Exceptional craftsmanship, thoughtful design, and waterfront living come together in a home that truly needs to be experienced in person.
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| Sep 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017