116 Silver Falls Dr Troutman, NC 28166
Troutman AreaEstimated payment $10,827/month
Highlights
- In Ground Pool
- Wolf Appliances
- Wood Flooring
- 1.4 Acre Lot
- Arts and Crafts Architecture
- Corner Lot
About This Home
**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.
Listing Agent
RE/MAX A-Team Brokerage Email: hilaryrepassrealestate@gmail.com License #256368 Listed on: 06/08/2026
Co-Listing Agent
RE/MAX A-Team Brokerage Email: hilaryrepassrealestate@gmail.com License #230628
Open House Schedule
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Saturday, September 26, 202611:00 am to 1:00 pm9/26/2026 11:00:00 AM +00:009/26/2026 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Year Built
- Built in 2023
Lot Details
- 1.4 Acre Lot
- Lot Dimensions are 252x327x169x277
- Corner Lot
- Irrigation
- Property is zoned RS-1
HOA Fees
- $71 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Arts and Crafts Architecture
- Farmhouse Style Home
- Modern Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
- Metal Roof
- Hardboard
Interior Spaces
- 1.5-Story Property
- Wired For Data
- Bar Fridge
- Gas Log Fireplace
- French Doors
- Sliding Doors
- Crawl Space
Kitchen
- Built-In Self-Cleaning Double Convection Oven
- Gas Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Wine Refrigerator
- Wolf Appliances
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Home Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- In Ground Pool
- Covered Patio or Porch
Schools
- Troutman Elementary And Middle School
- South Iredell High School
Utilities
- Zoned Heating and Cooling
- Vented Exhaust Fan
- Heat Pump System
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- Septic Tank
- Fiber Optics Available
Listing and Financial Details
- Assessor Parcel Number 4730-12-4303-000
Community Details
Overview
- Csi Management Association, Phone Number (704) 897-1394
- Falls Cove Subdivision
- Mandatory home owners association
Security
- Card or Code Access
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,036 | $1,179,680 | $140,000 | $1,039,680 |
| 2024 | $13,036 | $1,682,480 | $140,000 | $1,542,480 |
| 2023 | $18,567 | $140,000 | $140,000 | $0 |
| 2022 | $579 | $50,000 | $50,000 | $0 |
| 2021 | $574 | $50,000 | $50,000 | $0 |
| 2020 | $574 | $50,000 | $50,000 | $0 |
| 2019 | $561 | $50,000 | $50,000 | $0 |
| 2018 | $251 | $22,500 | $22,500 | $0 |
| 2017 | $251 | $22,500 | $22,500 | $0 |
| 2016 | $251 | $22,500 | $22,500 | $0 |
| 2015 | $240 | $22,500 | $22,500 | $0 |
| 2014 | $312 | $30,600 | $30,600 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/15/2026 08/15/26 | Price Changed | $1,699,900 | -1.5% | $367 / Sq Ft | |
| 07/14/2026 07/14/26 | Price Changed | $1,725,900 | -1.4% | $373 / Sq Ft | |
| 06/08/2026 06/08/26 | For Sale | $1,749,900 | +1.4% | $378 / Sq Ft | |
| 09/05/2023 09/05/23 | Sold | $1,725,000 | 0.0% | $373 / Sq Ft | View Prior Sale |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- | |
| 07/28/2023 07/28/23 | For Sale | $1,725,000 | -- | $373 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,725,000 | None Listed On Document | |
| Special Warranty Deed | $286,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,105,000 | New Conventional |
Source: Canopy MLS
MLS Number: 4385765
APN: 4730-12-4303.000
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