Lake Norman Company

What Lake Norman Company does

Lake Norman Company is a privately held commercial real estate and marina development company headquartered in Davidson, North Carolina, approximately 20 miles north of downtown Charlotte. The company owns and operates five marina facilities on Lake Norman totaling more than 509 boat slips plus 13 personal watercraft slips, with slip sizes ranging from 20-foot personal watercraft to 54-foot vessels. Marinas include North Harbor (124 slips), South Harbor (72 slips), Stone Harbor (96 slips, exclusively for Davidson Landing residents), WaterStreet Seaport (83 slips), and Vineyard Point (134 slips plus 13 PWC slips, serving Vineyard Point and Bordeaux residents).

The company's commercial real estate portfolio comprises four waterfront office buildings anchored by North Harbor Place, a 36,000 sq ft Class A three-building campus in Davidson, and Waterstreet Seaport, a 23,000 sq ft Class A three-story building in Cornelius. Both office campuses are positioned around on-site marinas and offer private patios, water views, and 24/7 maintenance. Lake Norman Company also owns and operates The North Harbor Club Restaurant & Bar, an upscale waterfront dining establishment opened in February 2003 with reserved boat slips for arriving patrons.

Revenue is generated almost entirely through three recurring or operational streams: subscription-style marina slip leases, commercial office leases, and dine-in restaurant operations. Distribution is direct — the company markets properties on its website and converts inquiries via phone (704.892.4619), with boat slip renewals processed through a dedicated email-based renewal portal. The company is independently owned with no disclosed institutional investors, parent company, or management team in the public record. It currently employs 11–50 people.

Name

Lake Norman Company

Legal name

Lake Norman Company

Website

https://lakenormancompany.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Lake Norman Company is a privately held commercial real estate operator in Davidson, North Carolina that owns and operates five marinas (509+ boat slips) and Class A waterfront office buildings on Lake Norman, plus The North Harbor Club Restaurant & Bar. It serves boat owners, regional office tenants, and diners within the Lake Norman region near Charlotte.

Ownership category

akta.pro rank

Product category

Commercial Real Estate and Marina Operations

NAICS

Marinas (713930)

SIC

Operators Of Nonresidential Buildings (6512)

akta.pro industry

PRIMARYTHAMAJAH

Marina RV & Waterfront Campgrounds

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Campgrounds, Glamping & RV Parks

SECONDARYIMAFAJAG

Marina & Small Craft Harbor Construction

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Marine & Coastal Construction (Ports, Harbors, Dredging)

Keywords

• Commercial real estate leasing
• Marina boat slips
• Waterfront office space
• Marina development
• Waterfront dining

Headquarters

HQ city

Davidson

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Marina Slip Leases: Recurring lease revenue from boat slips at five marina locations. Slips range from personal watercraft (20') to 54' vessels. Available to the public for North Harbor, South Harbor, WaterStreet Seaport, and Vineyard Point marinas. Stone Harbor Marina available to Davidson Landing residents only.
2. Commercial Office Space Leasing: Class A waterfront office space leasing at North Harbor Place (36,000 sq ft) and Waterstreet Seaport (23,000 sq ft). Office sizes range from 600 to 3,968+ square feet. Available to businesses seeking waterfront office space with marina access.
3. Restaurant Operations: Ownership and operation of The North Harbor Club Restaurant & Bar, offering fine dining with waterfront ambiance. Open for lunch, dinner, and Sunday brunch.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Lake Norman Company owns and operates a portfolio of five marina facilities with 509+ boat slips and four Class A waterfront commercial office buildings (totaling approximately 59,000 sq ft) on Lake Norman, NC. The company also owns and operates The North Harbor Club Restaurant & Bar, providing fine waterfront dining at Davidson Landing.

Product overview

Lake Norman Company operates a diversified portfolio of commercial real estate and marina properties on Lake Norman, NC. The company offers five marina facilities with boat slips ranging from 20' to 54' (North Harbor Marina with 124 slips, South Harbor Marina with 72 slips, Stone Harbor Marina with 96 slips, WaterStreet Seaport Marina with 83 slips, and Vineyard Point Marina with 134 slips plus 13 PWC slips), alongside two Class A commercial office buildings (North Harbor Place with 36,000 sq ft and Waterstreet Seaport with 23,000 sq ft). The company also owns and operates The North Harbor Club Restaurant & Bar as a partner dining establishment. Partner companies include Morris International (real estate development) and Morris Mobile Media (advertising). The company offers a 10% military discount on marina leases.

Differentiator

Problem solved

Functional benefit

Brands

• North Harbor Marina: Marina with 124 boat slips ranging from 20' to 54', located at Davidson Landing off I-77 Exit 30.
• South Harbor Marina
• Stone Harbor Marina
• Waterstreet Seaport Marina
• Vineyard Point Marina
• North Harbor Place
• Waterstreet Seaport
• The North Harbor Club Restaurant & Bar

Products and services

• North Harbor Marina Marina in Davidson Landing with 124 boat slips ranging from 20' (personal watercraft) to 54', featuring reserved slips for North Harbor Club patrons. Located off I-77 at Exit 30 for easy vehicle and boat access. Available to the public.
• South Harbor Marina

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• The North Harbor Club Restaurant & BarcoreOthers · 1 February 2003Lake Norman Company owns and operates The North Harbor Club Restaurant & Bar, located at Davidson Landing adjacent to North Harbor Marina. One of the area's finest dining establishments offering fine cuisine with waterfront ambiance. Open for lunch, dinner, and Sunday brunch. Opened in February 2003. The restaurant has reserved slips at North Harbor for patrons visiting by boat.
• Morris InternationalminorStrategic or Co-development PartnerMorris International brings over 38 years of expertise in sports property design, development, and management, as well as resort property creation, sales and marketing. They offer strategic planning, project development, marketing and advertising, media planning, public relations, and sales and marketing services. Listed as a partner company on the Lake Norman Company website.
• Morris Mobile MediaminorGTM or Marketing PartnerMobile billboard advertising company where clients choose roadways, events, and demographic target groups for prime message delivery. Campaigns are designed according to client audience and needs. Listed as a partner company on the Lake Norman Company website.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Equity LifeStyle Properties: Public REIT (NYSE: ELS) owning marinas, RV resorts, and manufactured housing communities. Comparable on the marina leasing business line and waterfront property ownership, though vastly larger and more diversified.
• Sun Communities: Public REIT (NYSE: SUI) owning marinas, RV resorts, and manufactured housing communities. Overlaps with Lake Norman Company on the marina leasing and waterfront property side, though Sun operates a much larger and more diversified portfolio.
• MarineMax: Largest US recreational boat dealer (NYSE: HZO) with growing marina operations. Broader portfolio than Lake Norman Company but operates marinas under similar slip-leasing economics and serves overlapping recreational boating customers.

Direct peers

• Loggerhead Marinas: Recreational marina operator (now part of Suntex) with a portfolio of full-service marinas across the southeastern US. Comparable to Lake Norman Company on slip-leasing operations, regional marina positioning, and waterfront property management.
• IGY Marinas: Luxury-focused marina operator managing premium waterfront facilities globally. Comparable to Lake Norman Company on premium slip-leasing economics and waterfront destination positioning.
• Brent James Marina Companies: Specialized marina brokerage and acquisitions firm focused exclusively on marina transactions. Comparable to Lake Norman Company as a marina-focused private operator with similar asset profile and customer base.
• Camber Road: Private marina owner-operator focused on acquiring and operating recreational marina properties. Directly comparable to Lake Norman Company as a similarly-sized private operator of marina assets with subscription-style slip leases.
• Suntex Marinas: Largest marina operator in the United States, owning and operating a deep portfolio of recreational marinas. Directly comparable to Lake Norman Company on the marina slip-leasing model and waterfront property operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lake Norman Company