$1,699,900
Original price: $1,725,900
4 Beds
4.5 Baths
4,626 sqft (on 1.40 acres)
116 Silver Falls Dr, Troutman, NC 28166
Est. Mortgage $10,143/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2023
1.4 acre lot
$367/sqft
3 Car Garage
HOA $71/mo
Local Information
- Map ViewExplore the area around 116 Silver Falls Dr.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
**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.
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.
Last check for updates: about 13 hours ago
Listing Provided by: Hilary Repass
RE/MAX A-Team
Andi Jack
RE/MAX A-Team
Source: Canopy MLS as distributed by MLS GRID, MLS#4385765
Also Listed on Canopy MLS as distributed by MLS GRID.
Home Details for 116 Silver Falls Dr
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MLS Status: Active |
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Interior Details Number of Rooms: 16Types of Rooms: Primary Bedroom, Bedroom S, Bathroom Full, Bathroom Half, Bonus Room, Breakfast, Dining Room, Flex Space, Great Room Two Story, Kitchen, Laundry, Office |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 4626 Square Feet |
Appliances & Utilities Utilities: Fiber Optics, Underground Power Lines, Underground Utilities, Wired Internet AvailableAppliances: 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, Wall Oven, Wine RefrigeratorDishwasherDisposalLaundry: Laundry Room,Main LevelMicrowaveRefrigerator |
Heating & Cooling Heating: Heat Pump,ZonedHas CoolingAir Conditioning: Heat Pump,ZonedHas HeatingHeating Fuel: Heat Pump |
Fireplace & Spa Fireplace: Gas Log, Gas Unvented, Gas Vented |
Windows, Doors, Floors & Walls Door: French Doors, Sliding Doors, Storm Door(s)Flooring: Carpet, Tile, Wood |
Levels, Entrance, & Accessibility Stories: 1.5Levels: One and One HalfFloors: Carpet, Tile, Wood |
View No View |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Roof: MetalPatio / Porch: Covered, Front Porch, Patio, Rear PorchOther Structures: NoneExterior: In-Ground IrrigationFoundation: Crawl Space |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Spacious 3 Car GarageNo CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Driveway,Attached Garage,Garage Door Opener,Garage Faces Side,Keypad Entry,Garage on Main Level |
Pool Pool: In GroundPool |
Frontage Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Concrete, Paved |
Water & Sewer Sewer: Septic Installed |
Surface & Elevation Elevation Units: Feet |
Finished Area Finished Area (above surface): 4626 Square Feet |
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Cumulative Days on Market: 68Days on Market: 103 |
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Year Built Year Built: 2023 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Arts and Crafts,Farmhouse,Modern |
Building Construction Materials: Brick Partial, Hardboard SidingNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 4730124303000 |
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Price List Price: $1,699,900Price Per Sqft: $367 |
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Direction & Address City: TroutmanCommunity: Falls Cove |
School Information Elementary School: TroutmanJr High / Middle School: TroutmanHigh School: South Iredell |
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Listing Agent Listing ID: 4385765 |
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Building Area Building Area: 4626 Square Feet |
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Not Senior Community |
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HOA Name: CSI ManagementHOA Phone: 704-897-1394Has an HOAHOA Fee: $850/Annually |
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Lot Area: 1.4 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, VA Loan |
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Mls Number: 4385765Attribution Contact: hilaryrepassrealestate@gmail.comAbove Grade Unfinished Area: 4626 |
Around this home
What Locals Say about Troutman
At least 34 Trulia users voted on each feature.
93 % Say car is needed
88 % Say yards are well-kept
88 % Say parking is easy
73 % Say there's holiday spirit
72 % Say kids play outside
71 % Say it's dog friendly
63 % Say there's wildlife
61 % Say people would walk alone at night
54 % Say it's walkable to restaurants
53 % Say it's quiet
53 % Say neighbors are friendly
44 % Say they plan to stay for at least 5 years
44 % Say it's walkable to grocery stores
44 % Say streets are well-lit
38 % Say there are sidewalks
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Troutman
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
139
1MoM
Home Value
Trulia Estimate
$1.64MSince last month
Increased$10K (+0.6%)Since last year
Decreased$159K (-8.8%)Since last sale
Decreased$83K (-4.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -4% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.64M |
| August 2026 | $1.63M |
| July 2026 | $1.66M |
| June 2026 | $1.7M |
| May 2026 | $1.73M |
| April 2026 | $1.75M |
| March 2026 | $1.72M |
| February 2026 | $1.72M |
| January 2026 | $1.71M |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $1,400,000 | 12/19/25 | 4 | 5 | 5,088 | |
0.22 | Single-Family Home | $1,175,000 | 01/14/26 | 4 | 3.5 | 3,408 | |
0.18 | Single-Family Home | $899,000 | 07/10/26 | 3 | 3 | 3,190 | |
0.61 | Single-Family Home | $2,850,000 | 08/21/26 | 4 | 3.5 | 4,969 | |
0.76 | Single-Family Home | $2,750,000 | 09/25/25 | 4 | 4 | 4,616 | |
0.67 | Single-Family Home | $1,050,000 | 10/30/25 | 4 | 3.5 | 4,003 | |
0.69 | Single-Family Home | $1,300,000 | 04/13/26 | 3 | 4.5 | 3,656 | |
0.71 | Single-Family Home | $1,410,000 | 09/26/25 | 3 | 3.5 | 3,136 | |
1.11 | Single-Family Home | $2,250,000 | 12/12/25 | 4 | 4 | 5,423 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $1,189,500 | 3 | 3 | 3,026 | Off Market | |
0.13 | $1,077,000 | 4 | 4.5 | 3,586 | Off Market | |
0.14 | - | - | - | - | Off Market | |
0.18 | $1,400,000 | 4 | 5 | 5,088 | Recently Sold | |
0.18 | $899,000 | 3 | 3 | 3,190 | Recently Sold | |
0.22 | - | - | - | - | Off Market | |
0.22 | - | - | - | - | Off Market | |
0.22 | - | - | - | - | Off Market | |
0.24 | $803,200 | 3 | 3 | 2,559 | Off Market | |
0.22 | $1,175,000 | 4 | 3.5 | 3,408 | Recently Sold | |
0.26 | $17,500 | - | - | - | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 15, 2026 Source: Canopy MLS as distributed by MLS GRID #4385765 | PriceChange | $1,699,900 Price decreased by 2% |
Jul 14, 2026 Source: Canopy MLS as distributed by MLS GRID #4385765 | PriceChange | $1,725,900 Price decreased by 1% |
Jun 8, 2026 Source: Canopy MLS as distributed by MLS GRID #4385765 | Listed For Sale | $1,749,900 |
Sep 5, 2023 Source: Canopy MLS as distributed by MLS GRID #4054258 | Sold | $1,725,000 |
Jul 28, 2023 Source: Canopy MLS as distributed by MLS GRID #4054258 | Pending | $1,725,000 |
Jul 28, 2023 Source: Canopy MLS as distributed by MLS GRID #CAR4054258 | Listed For Sale | $1,725,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $13,036 | $1,179,680 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Hilary Repass, RE/MAX A-Team
Based on information submitted to the MLS GRID as of 2026-09-18 13:17:44 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 116 Silver Falls Dr
- What is the estimated monthly payment for 116 Silver Falls Dr?Based on a $1,699,900 list price with 20% down at today's rates, the estimated monthly payment for 116 Silver Falls Dr in Troutman, NC is approximately $10,242 (about $9,218 principal & interest, $949 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Troutman?Residents describe Troutman, NC as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Troutman, NC.
- What are the closest schools to 116 Silver Falls Dr?The closest schools to 116 Silver Falls Dr in Troutman, NC are South Iredell High School (rated 5/10), Troutman Elementary School (Pre-K, rated 6/10), Troutman Middle School (rated 2/10).
- What is 116 Silver Falls Dr estimated to be worth?Trulia's estimated value for 116 Silver Falls Dr in Troutman, NC is $1,642,500.
- Does 116 Silver Falls Dr have air conditioning?Yes, 116 Silver Falls Dr in Troutman, NC has air conditioning.
- Does 116 Silver Falls Dr have a pool?Yes, 116 Silver Falls Dr in Troutman, NC has a pool.
116 Silver Falls Dr, Troutman, NC 28166 is a 4 bedroom, 5 bathroom, 4,626 sqft single-family home built in 2023. This property is currently available for sale and was listed by Canopy MLS as distributed by MLS GRID on May 25, 2026. The MLS # for this home is MLS# 4385765.