Single Family Residence at 116 Silver Falls Drive, Troutman
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$1,697,400

116 Silver Falls Drive
Troutman, NC 28166
Listed by Hilary Repass · RE/MAX A-Team
Bedrooms
4
Bathrooms
4.5
Living area
4,626 sqft
Year built
2023

About this home

**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.

Highlights

Private poolFireplace

Property details

MLS
Canopy MLS
MLS #
CAR4385765
Property type
Single Family Residence
Subdivision
Falls Cove
Status
Active
Days on market
132
On market date
June 8, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
3
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Troutman Elementary
2.93 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
666
Student:teacher ratio
15.9:1
District
Iredell-Statesville Schools
Middle
Oakwood School IB School
8.76 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
449
Student:teacher ratio
15.5:1
District
Iredell-Statesville Schools
High
Career Academy and Technical School
3.72 mi away · Grades 6-12
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
149
Student:teacher ratio
9.3:1
District
Iredell-Statesville Schools

Walkability

Blended score for Troutman's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

15
Very car-dependent
out of 100
EPA National Walkability Index
4.3 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Troutman, from live MLS data.

On the market 132 days -- 13 more days than Troutman's current average of 119 days.
For reference, the median list price across 171 active listings in Troutman right now is $389,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$10,372/mo
$339,480 down
$1,357,920 loan
Principal & interest$8,807
Property tax (est.)$1,415
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.