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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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116 Silver Falls Dr , Troutman, NC 28166
$1,699,900
Est. Payment: $8,707.72/mo
4 Bed
5 Bath
4626 Sqft
Status: active | Days on site: 68
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Terri Bias
Operator/Brokerage Owner

House Description

**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.

Highlights

Listed by Hilary Repass , 828-455-6299 and Andi Jack , 828-455-6299 RE/MAX A-Team , 828-324-8326. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
1.4

HOA Fee

850 Annually

Year Built

2023

County

Iredell

Neighborhood

Falls Cove

Listing ID

4385765

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
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
Air Cond:Heat Pump,Zoned
Fireplaces:Gas Log,Gas Unvented,Gas Vented
Floor:Carpet,Tile,Wood
Above Ground Sq Ft:4626
Below Ground Sq Ft:0
Other:
  • Additional:Has Fireplace, Master on Main
Water:City

Exterior Features

Lot:Corner Lot
Lot Dimensions:252x327x169x277
Zoning:RS-1
Roof:Architectural Shingle,Metal
Others:
  • Additional:In-Ground Irrigation
Sewer:Septic Installed
Parking Features:Driveway,Attached Garage,Garage Door Opener,Garage Faces Side,Keypad Entry
Principal Interest
$8,708
Taxes
$1,084
HOA
$850

Home Price

$1,699,900

Loan Details

30 yrs
6.625%

Down Payment

20%
$339,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,707.72

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $8,707.72 $1,083.69 $850.00 $10,641.40
Yearly $104,492.60 $13,004.24 $10,200.00 $127,696.84
Total $3,134,778.06 $390,127.05 $306,000.00 $3,830,905.11

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Troutman, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-24T14:14:07.000Z

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