Yates Realty
116 Silver Falls Drive, Troutman, NC

116 Silver Falls Drive

Troutman, NC 28166

$1,699,900

Active

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.

The details

MLS number
4385765
Status
Active
Property type
Single Family Residence
Bedrooms
4
Bathrooms
4 full, 1 half
Living area
4,626 sq ft
Lot
1.4 acres
Year built
2023
Levels
One and One Half
Garage
Yes
Subdivision
Falls Cove
County
Iredell County
Days on market
110
Originally listed at
$1,749,900

Facts and features

Interior

Bedrooms by level
Main 1, Upper 3
Full bathrooms by level
Main 2, Upper 2
Half bathrooms by level
Main 1
Heating
Heat Pump, Zoned
Cooling
Heat Pump, Zoned
Laundry
Laundry Room, Main Level
Basement
No
Fireplace
Yes
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
  • Wall Oven
  • Wine Refrigerator
Flooring
  • Carpet
  • Tile
  • Wood
Fireplace features
  • Gas Log
  • Gas Unvented
  • Gas Vented

Rooms

RoomFeatures
Main
Primary Bedroom
Bathroom-Full
Kitchen
Laundry
Great Room-Two Story
Dining Room
Office
Bathroom-Half
Breakfast
Upper
Bedroom(s)
Bedroom(s)
Bedroom(s)
Bathroom-Full
Bathroom-Full
Flex Space
Bonus Room

Square footage

Above grade finished area
4,626 sq ft
Below grade finished area
0 sq ft
Main level area
2,728 sq ft
Upper level area
1,898 sq ft
Lower level area
0 sq ft
Third level area
0 sq ft
Garage area
750 sq ft
Unheated area
0 sq ft
Total heated living area
4,626 sq ft

Property

Garage spaces
3
Open parking
No
Main level garage
Yes
Levels
One and One Half
Exterior features
In-Ground Irrigation
Lot dimensions
252x327x169x277
Lot features
Corner Lot
Parcel number
4730-12-4303-000
Zoning
RS-1
Zoning description
Residiential
Parking
  • Driveway
  • Attached Garage
  • Garage Door Opener
  • Garage Faces Side
  • Keypad Entry
Patio and porch
  • Covered
  • Front Porch
  • Patio
  • Rear Porch

Construction

Property sub type
Single Family Residence
Construction type
Site Built
Construction materials
Brick Partial, Hardboard Siding
Foundation
Crawl Space
Roof
Architectural Shingle, Metal
New construction
No
Year built
2023
Architectural style
  • Arts and Crafts
  • Farmhouse
  • Modern

Utilities

Sewer
Septic Installed
Water source
City
Utilities
  • Fiber Optics
  • Natural Gas
  • Underground Power Lines
  • Underground Utilities
  • Wired Internet Available

Community and HOA

Subdivision
Falls Cove
Has an association
Yes
Association fee
$850, Annually
Association
CSI Management
Subject to HOA
Required
City taxes paid to
Troutman

Financial and listing details

Price per square foot
$367 per sq ft (computed)
Tax assessed value
$1,179,680
Date on market
June 8, 2026
Cumulative days on market
110
Road surface
Concrete, Paved
Listing updated
September 26, 2026

Price history for this listing

Original list price
$1,749,900
Previous list price
$1,725,900
Price changed
August 15, 2026
Last change
Price Change
Last changed on
August 15, 2026

Listing information

Listed by RE/MAX A-Team

Listing agent: Hilary Repass

Email: hilaryrepassrealestate@gmail.com

MLS number 4385765 · Active

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