INNOVATE Real Estate
Acreage at Troutman
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37 photos

$7,500,000

Troutman, NC 28166
Listed by Ken Ledbetter · Lake Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

HOBBS CREEK RESERVE !!! This is a 36 lot Subdivision with minimum lot size of .60 acres. Some lots will be close to 1 + acre. This will be a very exclusive Gated Community with no City Taxes and Mooresville School District as a bonus. The roads are already installed, and road base is being installed now. Lots are getting perc tested in the next 2 weeks and final surveying will be done also. We have additional 25 acres for phase 2 & 3 coming next. We are installing 21 brick columns with Black wrought iron fencing with two 14 ft drive through gates. We prefer to sell to one builder but will sell multiple lots or individual lots if needed. The community will be completed in the next few months max. This will be a HOA community with restrictions on house design and Sf Min. Soil reports show 17 four bedrooms and 17 three bedroom homes. Lot sizes vary

Property details

MLS #
CAR4311902
Property type
Acreage
Subdivision
N/A
Status
Active
Days on market
206
On market date
October 10, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Lakeshore Elementary
3.06 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
693
Student:teacher ratio
15.4:1
District
Iredell-Statesville Schools
Middle
Lakeshore Middle
3.05 mi away · Grades 6-8
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
632
Student:teacher ratio
17.6:1
District
Iredell-Statesville Schools
High
Career Academy and Technical School
4.36 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).

10
Very car-dependent
out of 100
EPA National Walkability Index
3.3 / 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 206 days -- 90 more days than Troutman's current average of 116 days.
For reference, the median list price across 149 active listings in Troutman right now is $410,000.

Mortgage calculator

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Est. monthly payment
$45,316/mo
$1,500,000 down
$6,000,000 loan
Principal & interest$38,916
Property tax (est.)$6,250
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 5, 2026.

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.