Recently Listed New Construction 122 Waterfall Valley Way
Mooresville, NC, 28117 $ 399,000
Bedrooms4 Baths3.1 Sq 2,628 Monthly Estimate*
$ 2,756
for $399,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,628 square foot home was built in 2026 on a lot size of 0.137.
The Calhoun is a spacious and thoughtfully designed two story home that offers flexibility, comfort, and modern living across every level. Featuring 4 bedrooms, 3.5 baths, and a 2 car garage, this home is ideal for households that value both open gathering spaces and private retreats. The main floor welcomes you with a covered front porch and foyer that lead into an open, light filled layout. At the center of the home, the family room flows effortlessly into the breakfast area and kitchen, creating an inviting space for everyday living and entertaining. The kitchen provides generous counter space, a functional layout, and easy access to the breakfast area, while a separate dining room offers a more formal setting for hosting family and friends. A standout feature of the Calhoun is the first floor bedroom with access to a full bath, making it perfect for guests, multi generational living, or flexible use as a home office or private retreat. Upstairs, the primary suite serves as a relaxing sanctuary, complete with a spacious walk in closet and a private en suite bathroom. Two additional secondary bedrooms, another full bath, and a conveniently located laundry room complete the second floor. A covered balcony off the primary suite adds a unique outdoor living space, perfect for enjoying fresh air and quiet moments at home. With its open main living areas, flexible bedroom options, and thoughtful design throughout, the Calhoun offers a perfect balance of functionality and comfort—making it a home that easily adapts to your lifestyle. The Calhoun is a wonderful place to call home at Shepherd's Farm.
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FeaturesGeneralLiving Area 2628
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Appliances Dishwasher Disposal Electric Water Heater Gas Range Ice Maker Microwave
Development Status Under Construction
HOA Fee 187.5
Garage Spaces 2
Patio/Porch Features Covered Front Porch Patio
Security Features Security System
Construction Materials Hardboard Siding Stone
Year Built 2026
Levels Two
Property Subtype Single Family Residence
Parcel Number Lot 174
Community Features Cabana Dog Park Outdoor Pool Playground Walking Trails
Assoc Fee Paid Per Quarterly
County Iredell
New Construction Y
Property Type Residential
HOA Y
Subdivision Name Shepherds Farm
Garage Y/N Y
Full Baths 3
Directions (Coming I-77 N) - Take exit 36 and turn right on to HWY 150. Drive straight for 0.9 miles then turn Left on to Talbert Road. Drive straight for 0.6 miles then turn right on to Oates Road. Drive strai
High School South Iredell
City Mooresville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Shepherd
Middle/Junior High School Lakeshore
Additional Parcels Y/N N
Builder Name D.R. Horton
Standard Status Active
Construction Type Site Built
Tax Assessed Value 0
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InteriorInterior Amenities Attic Stairs Pulldown
Flooring Vinyl
Fireplace Features Electric
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 2628
Half Baths 1
Laundry Features Laundry Room Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 4
SqFt Main 1347
SqFt Lower 0
SqFt Upper 1281
Bedroom 1
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ExteriorParking Features Driveway Attached Garage Garage Faces Rear
Water Source City
Lot Size Area 0.137
Foundation Details Slab
Road Surface Type Concrete Paved
Builder Model Calhoun E
Road Responsibility Dedicated to Public Use Pending Acceptance
Main Level Garage YN Y
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,756
- 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 Mooresville, NC
Average List Price $1,077,974
Percent of Sale Price 170%
About Mooresville, NC 41,206 Population
90% Since 2002
$ 63,464 Median Income
37.34 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
293762 Elementary School
293966 Middle School
South Iredell High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/15/2026 | $399,000 | | Listed Price |