123 Falls Cove, Troutman, NC 28166
OFF MARKET

$406,200

Trulia Estimate
  • 5 Beds
  • 3.5 Baths
  • 2,925 sqft

123 Falls Cove, Troutman, NC 28166

Est. Refi. Payment $2,354/mo*
Refinance Your Home
Currently Off Market - Sold Feb 5, 2020 for $280,000

Home Value

Trulia Estimate
$406K
Since last month
Decreased$8K (-1.9%)
Since last year
Decreased$7K (-1.6%)
Since last sale
Increased$127K (+45.3%)
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 increased by +45% in the last 10 years
MonthEstimated value
2026
August 2026$407K
July 2026$415K
June 2026$419K
May 2026$417K
April 2026$428K
March 2026$397K
February 2026$398K
January 2026$415K
2025
2024
2023
2022
2021
2020

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
0.14
Single-Family Home
$460,000
03/12/26
5
4
2,787
0.18
Single-Family Home
$423,000
12/04/25
5
3
3,004
0.21
Single-Family Home
$360,500
01/13/26
5
3
2,511
0.19
Single-Family Home
$408,190
03/10/26
4
2.5
2,820
0.19
Single-Family Home
$400,000
07/01/26
4
3.5
2,657
0.21
Single-Family Home
$400,000
06/15/26
4
2.5
2,946
0.21
Single-Family Home
$410,000
02/20/26
4
2.5
2,855
0.26
Single-Family Home
$349,000
12/30/25
4
3
2,644
0.19
Single-Family Home
$450,000
04/02/26
5
4.5
3,351
0.31
Single-Family Home
$380,000
09/12/25
4
4
3,038

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
0.01
$600,000
5
4.5
3,406
For Sale
0.07
$423,500
5
3.5
3,091
Off Market
0.07
$433,800
4
2.5
2,684
Off Market
0.06
$428,700
4
2.5
2,737
Off Market
0.05
$428,900
4
3.5
2,946
Off Market
0.07
$453,300
5
4.5
3,322
Off Market
0.11
$433,400
4
2.5
2,779
Off Market
0.12
$418,400
4
3.5
3,100
Off Market
0.10
$470,800
4
3.5
2,880
Off Market
0.08
$441,100
4
2.5
2,568
Off Market
0.14
$414,100
4
3.5
2,799
Off Market
0.13
$499,500
5
4.5
3,396
Off Market

Local Information

  • Map ViewExplore the area around 123 Falls Cove.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
2,925 sqft
Price/Sqft
$139

About this House

This single-family home is located at 123 Falls Cove, Troutman, NC. 123 Falls Cove is in Troutman, NC and in ZIP code 28166. This property has 5 bedrooms, 4 bathrooms and approximately 2,925 sqft of floor space.
123 Falls Cove, Troutman, NC 28166 is a 5 bedroom, 4 bathroom, 2,925 sqft single-family home. It last sold for $280,000 on Feb 5, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $406,200, with a rent estimate of $2,766/month.

Home Details for 123 Falls Cove

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Feb 5, 2020
Source: N/A
Sold
$280,000

Market trends in Troutman

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$386K
$15.5K
MoM
Sale-to-List Price
Price per sq ft
$201
$4
MoM
Available listings
138
5
MoM

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.
  • 9wrtkpf2xh
    "It’s a beautiful place to live & the this is home!!! Troutman is warm & cozy, everyone knows everyone. It’s a great place to live. I’ve been all over the country and other countries & I always come HOME❤️"
  • Dee
    "None not many friendly people. No amenities, no events. Do not like the area. Instead of others helping others they do not. "
  • Pownalld
    "Great place to live, great community, great neighbors , quiet area, great police department great for walks "
  • Boss
    "We live in a neighborhood with 8 homes and we all get along great! Wouldn’t want to live anywhere else!"
  • Amos L. N.
    "we have great schools and have neighborhoods.. sidewalks are everywhere for one to get around without having to walk rds"
  • Toothgurl0823
    "I love troutman NC. It is definitely a growing community. Many businesses are close by with job opportunities for everyone. Safe and quiet, a great place to raise children. "
  • Unspecified
    "You must own a car. Troutman is growing, but you still have to leave the town to get things you need. "
  • Tlpellein62
    "This is a very small town and people recognize each other when in the grocery store or at the park. Very family oriented with great family values. "
  • Paul C.
    "I live in Talley Ridge and it's a great neighborhood. Troutman is very convenient to live in. highways 77 and 40 are within 15 minutes. 20 minutues from lake Norman.10 minutes to Duke Power State park. love the small town that is starting to grow."
  • Cheryl G.
    "Living in Troutman is wonderful! If it just had bike lanes, it would be perfect . The Lake Norman State Park is a great place to take the family. Love it."
  • Connie H.
    "Growing quaint town. Great place for kids or retirement."
  • Jamie c.
    "The area is wonderful, peaceful and family oriented. We have not heard of or had any crime in our neighborhood. A few short minutes to the state park, with picnic and boat ramp access, walking trails and swimming. The area has great homes, many on the lake. This is the perfect neighborhood to start a family and or buy your first home."
  • Dd
    "Troutman offers a quiet residential area that is just minutes from the hustle and bustle of Mooresville. Easy access to freeways, many new neighborhoods, an up and coming area of Lake Norman."

LGBTQ Local Legal Protections

Frequently asked questions about 123 Falls Cove

  • What is 123 Falls Cove estimated to be worth?
    Trulia's estimated value for 123 Falls Cove in Troutman, NC is $406,200.
  • What is the price history for 123 Falls Cove?
    123 Falls Cove in Troutman, NC last sold for $280,000 in February 2020.
  • Is Troutman a buyer's or seller's market?
    Troutman is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Troutman?
    The median sale price in Troutman is $386K. That is up $15.5K from the prior month.

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