116 Silver Falls Drive

Troutman, NC
$ 1,699,900 Beds 4 Baths 4.5 Sq 4,626
Monthly Estimate* How much can I afford?

**NEW PRICE — $1,699,900!** Experience the space, privacy, and craftsmanship of a custom luxury home just minutes from Lake Norman. Built in 2023 and beautifully positioned on **1.4 private acres in Falls Cove at Parkwood**, this modern farmhouse offers the feel of a private retreat while remaining convenient to everything the Lake Norman area has to offer. Designed with both everyday living and entertaining in mind, the 4-bedroom, 4.5-bath home welcomes you with soaring ceilings, abundant natural light, Hallmark oak flooring, three fireplaces, and an open, flowing floor plan filled with elevated finishes. The **showpiece kitchen** anchors the main living space with an impressive 48" Wolf gas cooktop, 1,200 CFM commercial hood, 48" built-in refrigerator, custom cabinetry, oversized quartzite and quartz surfaces, and generous space for gathering. Open to the dining and living areas and overlooking the backyard, it's a kitchen designed to be as functional as it is beautiful. The **main-level primary suite** feels like a private retreat, complete with a spa-inspired bath featuring heated floors and a four-valve Moen smart shower system. A dedicated main-level office adds flexibility for working from home, while thoughtful details throughout include 8' solid-core interior doors, recirculating hot water, premium fixtures, and commercial epoxy garage flooring. Outside, the covered patio and **wood-burning fireplace** extend the living space into the peaceful backyard, creating the perfect setting for morning coffee, game days, dinner outdoors, or evenings by the fire. With 1.4 acres, there is room to create an incredible outdoor oasis, and the **seller is offering a pool allowance**, allowing the next owner to design a pool that complements both the home and their lifestyle. Nearly new construction, custom craftsmanship, acreage and an exceptional level of finish come together in one remarkable property. Convenient to **Lake Norman State Park, I-77, shopping, dining and recreation**, 116 Silver Falls Drive delivers the privacy and presence of a custom estate with the accessibility today's buyers are looking for.

Single Family

  • Price
  • $ 1,699,900
  • City
  • Troutman
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • IREDELL
  • Half Bathrooms
  • 1
  • Area
  • Iredell County
  • Lot Size
  • 1.4 Acres
  • Zip
  • 28166
  • Sqr Footage
  • 4,626
  • Year Built
  • 2023
  • Style
  • Arts and Crafts,Farmhouse,Modern
  • MLS#
  • 4385765
Listed By: RE/MAX A-Team; hilaryrepassrealestate@gmail.com
Data Source: Canopy MLS

Features

General

Living Area 4626
Sewer Septic Installed
Heating Heat Pump,Zoned
Cooling Heat Pump,Zoned
Utilities Fiber Optics,Natural Gas,Underground Power Lines,Underground Utilities,Wired Internet Available
Roof Architectural Shingle,Metal
Appliances Bar Fridge,Convection Oven,Dishwasher,Disposal,Double Oven,Exhaust Fan,Exhaust Hood,Gas Cooktop,Gas Water Heater,Microwave,Plumbed For Ice Maker,Refrigerator,Self Cleaning Oven,Tankless Water Heater,
Development Status Completed
Zoning RS-1
HOA Fee 850
Garage Spaces 3
Patio/Porch Features Covered,Front Porch,Patio,Rear Porch
Architectural Style Arts and Crafts,Farmhouse,Modern
Pool Features In Ground
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Brick Partial,Hardboard Siding
Year Built 2023
Levels One and One Half
Property Subtype Single Family Residence
Parcel Number 4730-12-4303-000
Assoc Fee Paid Per Annually
County Iredell
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Falls Cove
Garage Y/N Yes
Other Structures None
Full Baths 4
High School South Iredell
City Troutman
Association Name CSI Management
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Troutman
Middle/Junior High School Troutman
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo Required
Construction Type Site Built
Restrictions Architectural Review,Building,Manufactured Home Not Allowed,Modular Not Allowed,Signage,Square Feet,Subdivision
Tax Assessed Value 1179680
Listing Terms Cash,Conventional,VA Loan

Interior Features

Flooring Carpet,Tile,Wood
Fireplace Features Gas Log,Gas Unvented,Gas Vented
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 4626
Half Baths 1
Laundry Features Laundry Room,Main Level
Total Bedrooms 4
Total Baths 5
SqFt Main 2728
SqFt Garage 750
SqFt Upper 1898
Bedroom 1

Exterior Features

Exterior Amenities In-Ground Irrigation
Parking Features Driveway,Attached Garage,Garage Door Opener,Garage Faces Side,Keypad Entry
Lot Features Corner Lot
Water Source City
Lot Size Area 1.4
Foundation Details Crawl Space
Lot Dimensions 252x327x169x277
Road Surface Type Concrete,Paved
Other Parking Spacious 3 Car Garage
Door Features French Doors,Sliding Doors,Storm Door(s)
Road Responsibility Publicly Maintained Road
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Troutman Elementary School
Middle School Troutman Middle School
High School South Iredell High School

Price History

5/26/2026 Listed $1,749,900
7/14/2026 2% - $1,725,900
8/15/2026 2% - $1,699,900

Property vs Zip Code Average in 28166

Price
AVG $750K
$1.7M
Year Built
AVG 2011
2023
Visits
AVG 288
394
Data Provided by Inside Real Estate®

116 Silver Falls Drive Troutman, NC is a Single Family Home for sale at $1699900 with 4626 sqft and a lot size of 1.4 Acres Acre(s). 116 Silver Falls Drive Troutman has 4 bedrooms, 4 baths and was built in 2023. The property's zip code is 28166 which is in Troutman, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.