
$240,000
4 Beds · 2 Baths · 1,951 Sqft
Off Market$240,000 · 4 bd · 2 ba · 1951 sqft
Charming 4-bedroom, 2-bath home in the heart of Troutman! Built in 1940, this character-filled home offers abundant natural light and sits on a large corner lot with exciting possibilities for the next owner. The spacious property offers potential to be subdivided into two parcels, creating a unique opportunity for additional value or future development while retaining the existing home. Troutman offers the best of small-town living while keeping you close to everything the Lake Norman area has to offer. Enjoy convenient access to Mooresville, Statesville, shopping, dining, and I-77. Lake Norman State Park is nearby, offering boating and paddling access, a swimming beach, fishing, camping, and miles of hiking and mountain biking trails. Important Development Information: The Town of Troutman currently has a moratorium affecting new water taps. The moratorium does not prevent the property from being subdivided, but a new water tap would be required before a newly created parcel could be developed. The Town is working with neighboring municipalities on utility capacity and a resolution, but no definite timeline has been established. Buyer and buyer's agent to verify subdivision potential, water tap availability, utility requirements, development restrictions, and current moratorium status directly with the Town of Troutman. A rare combination of a charming home, oversized corner lot, subdivision potential, and convenient access to Lake Norman, Mooresville, Statesville, and I-77.
Location
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Listed by Lake Realty · chip@lakerealty.com MLS# CAR4414513
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 08/24/2026, 08:21:59 PM. 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. Some IDX listings have been excluded from this website.
Information deemed reliable but not guaranteed. Buyer to verify all information.
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