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$599,000

Troutman, NC 28166
Listed by Kim Sumner · His Way Realty LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1993

About this home

Developer & Builder Opportunity: 513 Weathers Creek Rd., Troutman, NC A Premier 10-Acre Subdividable Parcel in the northern Charlotte Region’s Fast-Growing Market Located in the rapidly expanding core of Troutman, North Carolina, 513 Weathers Creek Road presents an exceptional acquisition opportunity for residential developers, custom home builders, and commercial investors. This 10-acre parcel offers immediate utility and significant long-term value, anchored by highly favorable zoning, robust demographic tailwinds, and unprecedented regional infrastructure investments. Zoning & Subdivision Potential The property’s highest and best use lies in its subdivision potential. Under current Iredell County RA (Residential Agricultural) zoning regulations, the land may be subdivided into lots with a minimum size of 0.40 acres, yielding a theoretical maximum of up to 25 custom home lots. The required setbacks are builder-friendly, mandating 40 feet for the front yard, 20 feet for each side yard, and 20 feet for the rear yard, alongside a 100-foot minimum lot width. This configuration is perfectly suited for a boutique residential development, allowing builders to deliver premium homes to a market currently experiencing constrained supply and surging demand. The site currently features a well-maintained 2,424-square-foot Cape Cod-style home (built in 1993) with three bedrooms, two full baths, and two bonus rooms. With recent upgrades including a fully encapsulated crawlspace and a new HVAC system, the existing structure offers immediate value. It can seamlessly serve as a functional on-site builder’s office, a model home during the sales phase, or the anchor residence for the newly developed community. Troutman is centrally located within Iredell County, which holds the distinction of being the fast-growing county in the Charlotte metropolitan region. The Town of Troutman is capturing a significant share of this inward migration. Unprecedented Infrastructure & Commercial Investment The desirability of 513 Weathers Creek Road is heavily amplified by its proximity to transformative local developments. The Iredell-Statesville School District is executing historic investments in the immediate vicinity, most notably the construction of the new Weathers Creek High School**. Located just two miles from the property on Overcash Road, the new $52 million Parkertown Elementary School, ensuring top-tier educational infrastructure that serves as a primary driver for family homebuyers. Commercially, Troutman is undergoing a dramatic evolution. The property is located approximately one mile from Jacob’s Crossing, a major new retail center anchored by Food Lion and featuring national tenants such as Jersey Mike’s, Pizza Hut, and WingStop. The broader I-77 corridor at Exit 42 is witnessing explosive industrial and mixed-use growth, including the Industrial Park and the planned Troutman Commons mixed-use development. Strategic Location Positioned roughly two miles from Interstate 77, the property offers seamless connectivity to major regional hubs. It is situated just 35 miles from Charlotte and its international airport, 8 miles from the commercial center of Mooresville, and 3 miles from the expansive 520-mile shoreline and recreational amenities of Lake Norman State Park. For developers and builders, 513 Weathers Creek Road represents the convergence of timing, location, and market fundamentals. It is a rare, scalable asset in a town transitioning into a premier suburban destination, offering the precise zoning and surrounding economic catalysts required for a highly profitable residential project.

Property details

MLS #
CAR4376437
Property type
None
Subdivision
N/A
Status
Active
Days on market
44
On market date
April 30, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Shepherd Elementary
3.01 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
623
Student:teacher ratio
15.6:1
District
Iredell-Statesville Schools
Middle
Oakwood School IB School
8.31 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
4.98 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).

11
Very car-dependent
out of 100
EPA National Walkability Index
3.7 / 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 44 days -- 72 fewer 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
$3,757/mo
$119,800 down
$479,200 loan
Principal & interest$3,108
Property tax (est.)$499
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 13, 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.