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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.

Highlights

  • Residential
  • Single Family Residence
  • Built in 2023
  • $850/yr HOA
  • 3 Car Garage
  • 2 days on Market

Open House

  • November 15, 2026
    2:00pm - 4:00pm

This open house information was last updated on 11/10/2026 11:40PM

  • Bedrooms
    4
  • Bathrooms
    4 full · 1 half
  • Year Built
    2023
  • Garage Spaces
    3.0
  • Parking Features
    Driveway, Garage Door Opener, Garage Faces Side
  • Living Area
    4626.0
  • Appliances
    Dishwasher, Microwave, Refrigerator, Disposal, Tankless Water Heater, Convection Oven, Gas Cooktop, Oven, Plumbed For Ice Maker, Double Oven, Gas Water Heater, Exhaust Fan, Self Cleaning Oven, Wine Refrigerator, Bar Fridge
  • Patio And Porch
    Covered, Patio, Front Porch, Rear Porch
  • Cooling
    Central Air, Heat Pump, Zoned
  • Heating
    Heat Pump, Zoned
  • Basement
    Crawl Space

  • Lot Features
    Corner Lot
  • Utilities
    Natural Gas Available, Underground Utilities
  • Water
    Public

  • County
    Iredell
  • City
    Troutman
  • Neighborhood
    Falls Cove
  • Zip Code
    28166
  • High School
    South Iredell
  • Middle School
    Troutman
  • Elementary School
    Troutman

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Frequently Asked Questions

How do I schedule a tour of 116 Silver Falls Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 116 Silver Falls Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 116 Silver Falls Dr?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 4 bath, listed for $1,649,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Troutman, and can even get you in to see the property quickly.

Are there any upcoming open houses for this property?

Yes—an open house is scheduled for . Let us connect you with our local expert before you go so they can help you prepare questions, highlight key features, and arrange a private tour if that time doesn't work.

How much is the monthly mortgage payment for 116 Silver Falls Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 116 Silver Falls Dr at around $9,389. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 116 Silver Falls Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Iredell County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 116 Silver Falls Dr?

In most cases, yes. Whether 116 Silver Falls Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Troutman's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 116 Silver Falls Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Troutman and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,649,900 with 4,626 sqft of space—that comes out to approximately $357 per square foot.

How long has this property been on the market?

116 Silver Falls Dr was listed on November 09, 2026, which means it's been on the market for 2 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2023, making it approximately 3 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Troutman
  • Middle: Troutman
  • High: South Iredell

Want to see how these schools compare? Check out our Iredell County School Guide to see ratings, reviews, and more for the schools in the area.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $850 paid annually.

Is 116 Silver Falls Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Canopy MLS. All rights reserved.

Last Updated: November 11, 2026 at 04:36PM | Source: Canopy MLS | MLS#: 4441904