ActivePrice cut: $24K (7/14)
$1,725,900
4beds
4,626sqft
116 Silver Falls Dr, Troutman, NC 28166
4beds
4,626sqft
Single family residence
Built in 2023
1.40 Acres
3 Attached garage spaces
$373 price/sqft
$71/mo HOA
What's special
Soaring ceilingsAbundant natural lightMain-level officeAdditional flex spacesCommercial epoxy garage flooringCustom detailsCovered patio
Showings Start June 8th 2026- This 2023 custom-built modern farmhouse masterpiece located in the highly desirable Falls Cove at Parkwood community in Troutman. Perfectly positioned on a private 1.4-acre lot, this exceptional home blends luxury craftsmanship, designer finishes, and everyday comfort just minutes from I-77, Lake Norman State Park, and only ...
- 61 days |
- 680 |
- 47 |
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4385765
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Listed by:
Hilary Repass hilaryrepassrealestate@gmail.com,
RE/MAX A-Team,
Andi Jack,
RE/MAX A-Team
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4385765
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Bonus room
- Level: Upper
Breakfast
- Level: Main
Dining room
- Level: Main
Flex space
- Level: Upper
Other
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Office
- Level: Main
Heating
- Heat Pump, Zoned
Cooling
- Heat Pump, Zoned
Appliances
- Included: 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
- Laundry: Laundry Room, Main Level
Features
- Flooring: Carpet, Tile, Wood
- Doors: French Doors, Sliding Doors, Storm Door(s)
- Has basement: No
- Fireplace features: Gas Log, Gas Unvented, Gas Vented
Interior area
- Total structure area: 4,626
- Total interior livable area: 4,626 sqft
- Finished area above ground: 4,626
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry, Garage on Main Level
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Spacious 3 Car Garage
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Front Porch, Patio, Rear Porch
- Exterior features: In-Ground Irrigation
- Pool features: In Ground
Lot
- Size: 1.4 Acres
- Dimensions: 252 x 327 x 169 x 277
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 4730124303000
- Zoning: RS-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Arts and Crafts,Farmhouse,Modern
- Property subtype: Single Family Residence
Materials
- Brick Partial, Hardboard Siding
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Fiber Optics, Underground Power Lines, Underground Utilities, Wired Internet Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Falls Cove
HOA
- Has HOA: Yes
- HOA fee: $850 annually
- HOA name: CSI Management
- HOA phone: 704-897-1394
Location
- Region: Troutman
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $1,179,680
- Annual tax amount: $13,036
- Date on market: 6/8/2026
- Cumulative days on market: 62 days
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $1,725,900-1.4%$373/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4385765 Report a problem | ||
| 6/8/2026 | Listed for sale | $1,749,900+1.4%$378/sqft |
Source: Canopy MLS as distributed by MLS GRID #4385765 Report a problem | ||
| 9/5/2023 | Sold | $1,725,000$373/sqft |
Source: Canopy MLS as distributed by MLS GRID #4054258 Report a problem | ||
| 7/28/2023 | Pending sale | $1,725,000$373/sqft |
Source: Canopy MLS as distributed by MLS GRID #4054258 Report a problem | ||
| 7/28/2023 | Listed for sale | $1,725,000$373/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4054258 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,036 -29.8% | $1,179,680 -29.9% |
| 2024 | $18,567 +1105.7% | $1,682,480 +1101.8% |
| 2023 | $1,540 +166.1% | $140,000 +180% |
| 2022 | $579 +0.9% | $50,000 |
| 2021 | $574 | $50,000 |
| 2020 | $574 +2.2% | $50,000 |
| 2019 | $561 +123.2% | $50,000 +122.2% |
| 2018 | $251 | $22,500 |
| 2017 | $251 +4.7% | $22,500 |
| 2016 | $240 | $22,500 |
| 2015 | $240 -23% | $22,500 -26.5% |
| 2014 | $312 | $30,600 |
| 2013 | -- | $30,600 |
| 2012 | -- | $30,600 |
| 2011 | -- | $30,600 -75.3% |
| 2010 | -- | $123,750 |
| 2009 | -- | $123,750 |
| 2008 | -- | $123,750 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,623/mo
Principal & interest
$8588
Property taxes
$964
HOA Fees
$71
Estimated market value
$1,663,000
$1.58M - $1.75M
$4,129/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 28166
Nearby schools
Troutman Elementary School
Grades PK-5 • 2.9 miles6/10
GreatSchools® Rating
Test Score Rating
6/10Student Progress Rating
5/10Troutman Middle School
Grades 6-8 • 2.8 miles2/10
GreatSchools® Rating
Test Score Rating
2/10Student Progress Rating
1/10South Iredell High School
Grades 9-12 • 3.6 miles5/10
GreatSchools® Rating
Test Score Rating
6/10College Readiness Rating
7/10Student Progress Rating
1/10