Single Family Residence at 196 Falls Cove Drive, Troutman

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37 photos

$485,000

196 Falls Cove Drive

Troutman, NC 28166

Listed by Nick Huscroft · Chosen Realty of NC LLC

Bedrooms

Bathrooms

3.5

Living area

3,074 sqft

Year built

2020

About this home

Discover spacious living in the desirable Falls Cove at Lake Norman community! This beautiful two-story home offers approximately 3,074 square feet, 4 bedrooms, 3.5 bathrooms and a versatile bonus/media room with French doors. The open floor plan features a spacious great room with fireplace and a beautiful kitchen with abundant cabinetry and a large center island. The primary suite includes a generous walk-in closet and beautifully tiled shower. Additional highlights include a two-car garage, stone-accented entry, level backyard and a fully paid-off solar panel system originally costing approximately $60,000, included with the property and not leased. Enjoy neighborhood amenities including a clubhouse and fitness center, with convenient access to Lake Norman State Park, boating, shopping and dining. The home is vacant and ready for its next owner!

Highlights

Fireplace

Property details

MLS: Canopy MLS
MLS #: CAR4434732
Property type: Single Family Residence
Subdivision: Falls Cove at Lake Norman
Status: Active
Days on market: 1
On market date: October 30, 2026
Stories: N/A
Total bathrooms: 3.5
Garage spaces: 2
Parking spaces: N/A
Lot size: N/A

Location

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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

1.62 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

7.66 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

2.57 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).

Very car-dependent

out of 100

EPA National Walkability Index

4.8 / 20 -- Least walkable

Google Places amenity density

0 / 100

Restaurants & cafes0

Grocery stores0

Parks0

Schools0

Transit stops0

Pharmacies0

Market position

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

On the market 1 days -- 121 fewer days than Troutman's current average of 122 days.

For reference, the median list price across 172 active listings in Troutman right now is $391,950.

Mortgage calculator

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

Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$3,071/mo

$97,000 down

$388,000 loan

Principal & interest$2,517

Property tax (est.)$404

Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 10 hr 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.