Active
$1,725,900 $373/sqft
116 Silver Falls Drive
Troutman, NC 28166
4 bd · 4 ba · 4,626 sqft · 1.4 ac · 2023 · 2 mo ago
Fireplace Garage
Falls Cove Homes in Troutman, NC Near Lake Norman
Falls Cove in Troutman is a Crescent-developed neighborhood in the Lake Norman area, and its appeal comes from scale, privacy, and variety.
- Active
- 7
- Recently Sold
- 48+
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Active & Pending Listings
About Falls Cove
Community overview based on MLS listing data for Falls Cove, Troutman
Community Highlights
Falls Cove in Troutman is a Crescent-developed neighborhood in the Lake Norman area, and its appeal comes from scale, privacy, and variety. Homes range from wooded estate settings and basement lots to waterfront parcels and newer custom construction, giving the subdivision a broader profile than a single-product neighborhood.
Custom builds and upgraded finishes shape the home profile. Main-level primary suites, bonus rooms, home offices, hardwood floors, and granite or quartz kitchens appear again and again. Larger homes often add three-car garages, covered porches, and outdoor living areas, while several properties layer in pools, hot tubs, outdoor kitchens, and fenced backyards. Exterior materials stay mixed rather than uniform, with brick, stone, stucco, and fiber-cement siding all represented.
Amenities & Lifestyle
The setting leans wooded and private. Mature trees, acreage parcels, and preserve-backed lots appear often, and many homesites offer the kind of spacing that supports basement plans and larger setback lines. Waterfront homesites and lake views add another tier of interest, especially for properties oriented toward Lake Norman.
Falls Cove also sits close to the practical anchors of the area. Lake Norman State Park, downtown Troutman, Mooresville, and I-77 frame the daily geography of the neighborhood, so recreation and regional travel stay within reach while the larger-lot character remains intact.
Location & Schools
Falls Cove is associated with Troutman-area elementary and middle assignments, with South Iredell High at the high-school level. The school profile is straightforward, while the neighborhood identity is shaped more by custom homes, lot size, and lake proximity.
Falls Cove combines wooded privacy, custom construction, and a Lake Norman backdrop in one of Troutman’s more distinctive subdivisions.
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Recently Sold
Showing 1-48+ recently sold in Falls Cove, Troutman
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
 170 Silver Falls Drive 3 bd · 3 ba | Jul 10 2026 | $899,000 | 127 | 3,190 sq ft | 100.0% | $282 |
 205 Streamwood Road 3 bd · 4 ba | Jul 10 2026 | $850,000 | 65 | 2,874 sq ft | 100.0% | $296 |
 184 Ashmore Circle 4 bd · 3 ba | Jul 7 2026 | $775,000 | 37 | 3,645 sq ft | 96.9% | $213 |
 132 Chaska Loop 4 bd · 4 ba | Jun 1 2026 | $814,000 | 255 | 4,037 sq ft | 98.7% | $202 |
 179 Streamwood Road | May 29 2026 | $110,000 | 46 | — | 88.0% | — |
 0 Cody Court | May 29 2026 | $135,000 | 46 | — | 93.1% | — |
 155 Streamwood Road 4 bd · 3 ba | Apr 30 2026 | $745,000 | 180 | 3,611 sq ft | 96.1% | $206 |
 215 Streamwood Road 4 bd · 3 ba | Apr 28 2026 | $1,045,000 | 45 | 4,123 sq ft | 96.8% | $253 |
 111 Cinder Ridge Court | Mar 3 2026 | $180,000 | 315 | — | 90.5% | — |
 109 Chaska Loop 4 bd · 3 ba | Jan 5 2026 | $720,000 | 22 | 3,313 sq ft | 99.3% | $217 |
 157 Silver Falls Drive 4 bd · 4 ba | Dec 19 2025 | $1,400,000 | 93 | 5,088 sq ft | 87.5% | $275 |
 147 Ashmore Circle 5 bd · 4 ba | Oct 24 2025 | $1,010,000 | 36 | 4,482 sq ft | 96.3% | $225 |
 206 Streamwood Road | Sep 10 2025 | $74,500 | 126 | — | 68.7% | — |
 183 Chaska Loop | Sep 9 2025 | $100,000 | 378 | — | 92.6% | — |
 136 Dogwood Grove Place 5 bd · 4 ba | Aug 29 2025 | $484,000 | 50 | 2,659 sq ft | 99.2% | $182 |
 113 Chaska Loop 3 bd · 2 ba | Aug 21 2025 | $625,000 | 38 | 2,572 sq ft | 100.0% | $243 |
 124 Streamwood Road 5 bd · 3 ba | Aug 12 2025 | $625,000 | 347 | 3,758 sq ft | 96.2% | $166 |
 202 Timber Lake Drive 4 bd · 4 ba | Jun 16 2025 | $2,250,000 | 46 | 4,873 sq ft | 91.8% | $462 |
 167 Park Crest Drive | Jun 4 2025 | $435,000 | 55 | — | 96.7% | — |
 123 Emerald Creek Drive 4 bd · 4 ba | May 8 2025 | $1,078,000 | 41 | 3,586 sq ft | 98.0% | $301 |
 123 Streamwood Road 3 bd · 2 ba | Feb 28 2025 | $752,000 | 83 | 2,782 sq ft | 98.9% | $270 |
 260 Streamwood Road 4 bd · 3 ba | Feb 7 2025 | $627,500 | 109 | 2,486 sq ft | 94.0% | $252 |
 191 Streamwood Road 4 bd · 4 ba | Jan 29 2025 | $757,500 | 91 | 3,756 sq ft | 97.7% | $202 |
 106 Cody Court 5 bd · 4 ba | Dec 4 2024 | $880,000 | 83 | 4,372 sq ft | 98.6% | $201 |
 Lot 641 Timber Lake Drive | Oct 8 2024 | $185,000 | 161 | — | 93.0% | — |
 169 Ashmore Circle 5 bd · 3 ba | Sep 4 2024 | $939,000 | 57 | 4,204 sq ft | 100.0% | $223 |
 108 Santana Lane 4 bd · 3 ba | May 15 2024 | $895,000 | 63 | 3,772 sq ft | 101.8% | $237 |
 121 Silver Falls Drive 3 bd · 3 ba | May 13 2024 | $1,215,000 | 48 | 3,026 sq ft | 94.3% | $402 |
 215 Streamwood Road 4 bd · 3 ba | Apr 25 2024 | $880,000 | 175 | 4,121 sq ft | 95.1% | $214 |
 105 Chaska Loop 79 | Apr 15 2024 | $145,000 | 89 | — | 100.0% | — |
 176 Park Crest Drive 4 bd · 4 ba | Mar 14 2024 | $1,200,000 | 91 | 4,849 sq ft | 88.9% | $247 |
 142 Emerald Creek Drive 4 bd · 3 ba | Feb 1 2024 | $1,175,000 | 185 | 3,408 sq ft | 95.9% | $345 |
 191 Chaska Loop 5 bd · 4 ba | Dec 5 2023 | $902,900 | 96 | 3,476 sq ft | 98.7% | $260 |
 204 Ashmore Circle 4 bd · 4 ba | Nov 30 2023 | $820,000 | 29 | 3,300 sq ft | 98.8% | $248 |
 154 Emerald Creek Drive | Oct 30 2023 | $210,000 | 122 | — | 97.7% | — |
 179 Chaska Loop 62 | Oct 13 2023 | $100,000 | 34 | — | 91.7% | — |
 241 Ashmore Circle 53 | Sep 15 2023 | $90,000 | 467 | — | 75.1% | — |
 133 Tackle Box Drive 5 bd · 3 ba | May 23 2023 | $445,000 | 59 | 3,025 sq ft | 98.9% | $147 |
 149 Streamwood Road 4 bd · 3 ba | May 15 2023 | $625,000 | 54 | 3,336 sq ft | 92.6% | $187 |
 130 Santana Lane 5 bd · 3 ba | Apr 21 2023 | $550,000 | 73 | 3,816 sq ft | 91.7% | $144 |
 195 Timber Lake Drive 4 bd · 4 ba | Apr 14 2023 | $1,800,000 | 49 | 4,286 sq ft | 102.9% | $420 |
 187 Chaska Loop 5 bd · 4 ba | Mar 31 2023 | $885,000 | 51 | 5,776 sq ft | 98.4% | $153 |
 185 Timber Lake Drive | Mar 22 2023 | $700,000 | 364 | — | 93.3% | — |
 178 Ashmore Circle 4 bd · 3 ba | Dec 29 2022 | $600,000 | 65 | 3,661 sq ft | 107.0% | $164 |
 109 Chaska Loop 4 bd · 3 ba | Dec 16 2022 | $640,000 | 114 | 3,416 sq ft | 98.5% | $187 |
 186 Chaska Loop 4 bd · 3 ba | Nov 14 2022 | $637,500 | 43 | 3,750 sq ft | 98.1% | $170 |
 163 Ashmore Circle 86 3 bd · 2 ba | Oct 5 2022 | $650,000 | 18 | 2,478 sq ft | 103.3% | $262 |
 148 Falls Cove Drive 4 bd · 2 ba | Oct 3 2022 | $433,500 | 33 | 2,705 sq ft | 96.5% | $160 |
Market Trends
Closed sales from MLS history for Falls Cove, Troutman
Median sale price · trailing 12 mo
$625,000
14 sales closed · Jul 2025 – Jun 2026
1 yr ▾ 17.5% 3 yr ▾ 2.0% Troutman 1 yr ▾ 4.1%
Falls Cove median sale price is $625,000, down 17.5% from a year ago; Troutman is down 4.1%.
+2 outside price range.
The Falls Cove real estate market shows buyer's market conditions. Homes typically sell within 118 days. With 7 active listings and 17 homes sold in the past year, buyers have more negotiating power and time to decide.
Pricing
- Median Price
- $1,059,900
- Average Price
- $1,014,371
- $/Sq.Ft (Q1)
- $118
- 1-Yr Price Trend
- −5.0%
Property Details
- Avg Bedrooms
- 4.1
- Avg Bathrooms
- 3.2
- Avg Lot Size
- 0.82 acres
Market Activity
- Active Listings
- 7
- Sold Last Year
- 17
- Median Days to Sell
- 118 days
Community Info
- Median Year Built
- 2015
- New Construction
- 3%
Recently Off Market Properties
Listings taken off the market in the past year in Falls Cove, Troutman
Off Market Listed Feb 25, 2026
250 Tackle Box Drive
Troutman, NC 28166
4 bd · 3 ba · 2,946 sqft
Last Listed Price $475,000
View details Off Market Listed Dec 3, 2025
118 Cinder Ridge Court
Troutman, NC 28166
Last Listed Price $139,900
View details Off Market Listed Nov 21, 2025
109 Chaska Loop
Troutman, NC 28166
3 bd · 3 ba · 3,451 sqft
Last Listed Price $725,000
View details Off Market Listed Nov 21, 2025
263 Hamptons Cove Road
Troutman, NC 28166
3 bd · 2 ba · 2,236 sqft
Last Listed Price $476,000
View details Off Market Listed Aug 4, 2025
241 Ashmore Circle
Troutman, NC 28166
Last Listed Price $180,000
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