Beautiful WF home in Falls Cove on a level .92 ac lot. Take your 1st steps into the lake from the sandy beach w/231' of waterfront. HUGE WIDE OPEN WATER VIEWS! Show off your skiing skills to family & friends while they watch from shore. There is room for a pool in the backyard if desired. The exterior of the home is hard stucco w/stone accents. Inside this high-end custom home, there are extraordinary features. Upon entry, the Grove Park Inn inspired stone fireplace will catch your eye. The chef's kitchen has a massive island & the breakfast room & formal dining room are close. A 2nd fireplace is tucked away in the front den/office. The luxurious lakeside owner's suite is also on the main level, along w/the laundry room, drop zone, 2 powder rooms, & an oversized 3 car garage. Upstairs, there are 3 bedrooms all with expansive water views, 3 baths, a theatre room w/wet bar & a couple of flex spaces for recreation/2nd office/hobbies or whatever you need! This is phenomenal lake living!
Closed
$2,250,000
202 Timber Lake Dr, Troutman, NC 28166
4beds
4,873sqft
Single Family Residence
Built in 2013
0.92 Acres Lot
$2,229,300 Zestimate®
$462/sqft
$3,647 Estimated rent
Home value
$2,229,300
$2.05M - $2.43M
$3,647/mo
Zestimate® history
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$13,338/mo
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List your homeWhat's special
Sandy beachBreakfast roomMassive islandExpansive water viewsFormal dining room
Zillow last checked:
Listing updated:
Listed by:
Warren Greenlee warrengreenlee@gmail.com,
NorthGroup Real Estate LLC
Bought with:
Sheena Shaw
EXP Realty LLC Mooresville
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4249864
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 300 Square Feet
- Dimensions: 20' 0" X 15' 0"
Bedroom s
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15' 0" X 12' 0"
Bedroom s
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15' 0" X 11' 0"
Bedroom s
- Level: Upper
- Area: 182.25 Square Feet
- Dimensions: 13' 6" X 13' 6"
Bathroom full
- Features: Walk-In Closet(s)
- Level: Main
- Dimensions: 0' 3" X 0' 0"
Bathroom half
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Breakfast
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15' 0" X 10' 0"
Den
- Level: Main
- Area: 157.5 Square Feet
- Dimensions: 15' 0" X 10' 6"
Dining room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13' 0" X 12' 0"
Other
- Features: Open Floorplan
- Level: Main
- Area: 380 Square Feet
- Dimensions: 20' 0" X 19' 0"
Kitchen
- Features: Kitchen Island, Open Floorplan
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18' 0" X 15' 0"
Laundry
- Level: Main
Media room
- Features: Wet Bar
- Level: Upper
- Area: 432 Square Feet
- Dimensions: 27' 0" X 16' 0"
Other
- Features: Drop Zone
- Level: Main
Office
- Level: Upper
- Area: 126 Square Feet
- Dimensions: 12' 0" X 10' 6"
Recreation room
- Level: Upper
- Area: 345 Square Feet
- Dimensions: 23' 0" X 15' 0"
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Bar Fridge, Dishwasher, Electric Water Heater, Exhaust Fan, Gas Cooktop, Microwave, Oven, Refrigerator
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Drop Zone, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Has basement: No
- Attic: Walk-In
- Fireplace features: Den, Great Room
Interior area
- Total structure area: 4,873
- Total interior livable area: 4,873 sqft
- Finished area above ground: 4,873
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached Garage, Garage Faces Side, Garage on Main Level
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Fire Pit, In-Ground Irrigation
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach - Private, Covered structure, Dock, Pier, Waterfront
- Body of water: Lake Norman
Lot
- Size: 0.92 Acres
- Dimensions: 51'Rd x 309' x 231'WF x 294'
- Features: Cul-De-Sac, Level, Views
Details
- Parcel number: 4639298488.000
- Zoning: RS
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stucco, Stone Veneer
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Street Lights
- Subdivision: Falls Cove
HOA
- Has HOA: Yes
- HOA fee: $175 quarterly
- HOA name: CSI Community Managment
- HOA phone: 704-892-1660
Location
- Region: Troutman
Financial & listing details
- Price per square foot: $462/sqft
- Tax assessed value: $1,437,470
- Annual tax amount: $15,872
- Date on market: 5/1/2025
- Cumulative days on market: 14 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2025 | Sold | $2,250,000-8.2%$462/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4249864 Report a problem | ||
| 5/1/2025 | Listed for sale | $2,450,000+1008.6%$503/sqft |
Source: Canopy MLS as distributed by MLS GRID #4249864 Report a problem | ||
| 8/26/2011 | Sold | $221,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,872 | $1,437,470 |
| 2024 | $15,872 | $1,437,470 |
| 2023 | $15,872 +37.8% | $1,437,470 +45.2% |
| 2022 | $11,522 +0.9% | $990,200 |
| 2021 | $11,419 | $990,200 |
| 2020 | $11,419 +2.2% | $990,200 |
| 2019 | $11,171 +34.7% | $990,200 +34.2% |
| 2018 | $8,296 | $737,720 |
| 2017 | $8,296 +4.7% | $737,720 |
| 2016 | $7,927 | $737,720 |
| 2015 | $7,927 +1.8% | $737,720 -2.7% |
| 2014 | $7,785 | $758,090 +203.2% |
| 2013 | -- | $250,000 |
| 2012 | -- | $250,000 |
| 2011 | -- | $250,000 -57.9% |
| 2010 | -- | $593,750 |
| 2009 | -- | $593,750 -32.1% |
| 2008 | -- | $875,000 |
Find assessor info on the county website
Neighborhood: 28166
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Nearby schools
GreatSchools rating
- 6/10Troutman Elementary SchoolGrades: PK-5Distance: 3.2 mi
- 2/10Troutman Middle SchoolGrades: 6-8Distance: 3.1 mi
- 5/10South Iredell High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Troutman
- Middle: Troutman
- High: South Iredell
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,229,300
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Estimated market value
$2,229,300
- North Carolina
- Iredell County
- Troutman
- 28166
- 202 Timber Lake Dr
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