Open House 10/18 2pm - 4pm
116 Silver Falls Drive
Troutman, NC, 28166 $ 1,697,400
Bedrooms4 Baths4.1 Sq 4,626 Monthly Estimate*
$ 11,724
for $1,697,400 with 4 bedrooms and 4 full baths, 1 half bath. This 4,626 square foot home was built in 2023 on a lot size of 1.4.
**NEW PRICE — $1,699,900!** Experience the space, privacy, and craftsmanship of a custom luxury home just minutes from Lake Norman. Built in 2023 and beautifully positioned on **1.4 private acres in Falls Cove at Parkwood**, this modern farmhouse offers the feel of a private retreat while remaining convenient to everything the Lake Norman area has to offer. Designed with both everyday living and entertaining in mind, the 4-bedroom, 4.5-bath home welcomes you with soaring ceilings, abundant natural light, Hallmark oak flooring, three fireplaces, and an open, flowing floor plan filled with elevated finishes. The **showpiece kitchen** anchors the main living space with an impressive 48" Wolf gas cooktop, 1,200 CFM commercial hood, 48" built-in refrigerator, custom cabinetry, oversized quartzite and quartz surfaces, and generous space for gathering. Open to the dining and living areas and overlooking the backyard, it's a kitchen designed to be as functional as it is beautiful. The **main-level primary suite** feels like a private retreat, complete with a spa-inspired bath featuring heated floors and a four-valve Moen smart shower system. A dedicated main-level office adds flexibility for working from home, while thoughtful details throughout include 8' solid-core interior doors, recirculating hot water, premium fixtures, and commercial epoxy garage flooring. Outside, the covered patio and **wood-burning fireplace** extend the living space into the peaceful backyard, creating the perfect setting for morning coffee, game days, dinner outdoors, or evenings by the fire. With 1.4 acres, there is room to create an incredible outdoor oasis, and the **seller is offering a pool allowance**, allowing the next owner to design a pool that complements both the home and their lifestyle. Nearly new construction, custom craftsmanship, acreage and an exceptional level of finish come together in one remarkable property. Convenient to **Lake Norman State Park, I-77, shopping, dining and recreation**, 116 Silver Falls Drive delivers the privacy and presence of a custom estate with the accessibility today's buyers are looking for.
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Open House
10/18/2026 2:00 PM - 4:00 PM
116 Silver Falls Drive Troutman, NC
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Single Family ActiveArts and Crafts,Farmhouse,Modern
FeaturesGeneralLiving Area 4626
Sewer Septic Installed
Heating Heat Pump Zoned
Cooling Heat Pump Zoned
Utilities Fiber Optics Natural Gas Underground Power Lines Underground Utilities Wired Internet Available
Roof Architectural Shingle Metal
Appliances Bar Fridge Convection Oven Dishwasher Disposal Double Oven Exhaust Fan Exhaust Hood Gas Cooktop Gas Water Heater Microwave Plumbed For Ice Maker Refrigerator Self Cleaning Oven Tankless Water Heater
Development Status Completed
Zoning RS-1
HOA Fee 850
Garage Spaces 3
Patio/Porch Features Covered Front Porch Patio Rear Porch
Architectural Style Arts and Crafts Farmhouse Modern
Pool Features In Ground
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick Partial Hardboard Siding
Year Built 2023
Levels One and One Half
Property Subtype Single Family Residence
Parcel Number 4730-12-4303-000
Assoc Fee Paid Per Annually
County Iredell
New Construction N
Property Type Residential
HOA Y
Subdivision Name Falls Cove
Garage Y/N Y
Other Structures None
Full Baths 4
High School South Iredell
City Troutman
Association Name CSI Management
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Troutman
Middle/Junior High School Troutman
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Restrictions Architectural Review Building Manufactured Home Not Allowed Modular Not Allowed Signage Square Feet Subdivision
Tax Assessed Value 1179680
Listing Terms Cash Conventional Owner Financing VA Loan
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ExteriorExterior Amenities In-Ground Irrigation
Parking Features Driveway Attached Garage Garage Door Opener Garage Faces Side Keypad Entry
Lot Features Corner Lot
Water Source City
Lot Size Area 1.4
Foundation Details Crawl Space
Lot Dimensions 252x327x169x277
Road Surface Type Concrete Paved
Other Parking Spacious 3 Car Garage
Door Features French Doors Sliding Doors Storm Door(s)
Road Responsibility Publicly Maintained Road
Main Level Garage YN Y
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InteriorFlooring Carpet Tile Wood
Fireplace Features Gas Log Gas Unvented Gas Vented
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 4626
Half Baths 1
Laundry Features Laundry Room Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 5
SqFt Main 2728
SqFt Lower 0
SqFt Garage 750
SqFt Upper 1898
Bedroom 1
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $11,724
- 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.
Learn more about how to save NearbySingle family listings in Troutman, NC
Average List Price $699,500
Percent of Sale Price 59%
About Troutman, NC 3,067 Population
48% Since 2002
$ 54,638 Median Income
41.06 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
293866 Elementary School
294168 Middle School
South Iredell High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/16/2026 | $1,697,400 | -0.15% | Price Down |
| 8/15/2026 | $1,699,900 | -1.51% | Price Down |
| 7/14/2026 | $1,725,900 | -1.37% | Price Down |
| 5/26/2026 | $1,749,900 | | Listed Price |