228 Fern Hill Road Troutman, NC $ 6,900,000
228 Fern Hill Road
$ 6,900,000
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228 Fern Hill Road

Troutman, NC, 28166
$ 6,900,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 47,657

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Lots and Land for sale in Troutman, NC

for $6,900,000. The lot size is 49.88.

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

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Lots and Land Active

Price

$ 6,900,000

Property Type

Lots and Land

Taxes

$ 0

Style

Acreage

Lot Size

49.88

Town/City

Troutman

County/Region

Iredell

MLS | Web ID

4311902

Features
General
Sewer Septic Needed
Zoning RA
Property Subtype Acreage
Parcel Number 4649-44-0247.000 +
Additional Parcels Description 4649540742 4649550194 4649550682
County Iredell
Property Type Land
HOA N
Possible Use Development Farm Private Estate Residential Subdevelopment
High School Lake Norman
City Troutman
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Lakeshore
Middle/Junior High School Lakeshore
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Restrictions No Restrictions
Tax Assessed Value 408260
Listing Terms Cash Conventional
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Exterior
Water Source Well Needed
Lot Size Area 49.88
Road Surface Type Paved
Road Responsibility Private Maintained Road
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Internal Only
Street Number 1 228
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* Excluded Features
List By
Lake Realty

Broker

Affordability Calculator

$47,657
Per Month
100%
0%
0%
Monthly Principal & Interest
$47,657
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
293739 Elementary School
294374 Middle School
Lake Norman High School High School
Pricing History
DatePricePrice ChangeDescription
9/8/2026$6,900,000 -8.00% Price Down
2/24/2026$7,500,000 -21.05% Price Down
10/10/2025$9,500,000 Listed Price

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228 Fern Hill Road, Troutman, NC, 28166 is a Lots and Land for sale at $6,900,000 with a lot size of 49.88. 228 Fern Hill Road has 0.0 baths. The property's zip code is 28166 which is in Troutman, NC