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7 photos

$200,000

Troutman, NC 28166
Listed by Mike Todd · Howard Hanna Allen Tate Royal Properties
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

This is your chance to build on one of the last remaining lots in the highly desirable first phase of Falls Cove. Located in Troutman and right on the edge of Lake Norman, this gently sloping basement lot backs up to a wooded community common area, adding tranquility and privacy. No thru traffic on this sidewalk lined street. Easy access to Lake Norman State Park, I77, Troutman, Statesville, and Mooresville. Prepaid tap fees for water/sewer. The current building moratorium does not affect this lot.

Property details

MLS #
CAR4387250
Property type
Lot
Subdivision
Falls Cove
Status
Active
Days on market
1
On market date
May 28, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Troutman Elementary
1.75 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
7.79 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
2.69 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

Mortgage calculator

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Est. monthly payment
$1,354/mo
$40,000 down
$160,000 loan
Principal & interest$1,038
Property tax (est.)$167
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 29, 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.