Property listing for 181 Brixham Loop, Troutman, NC 28166
For SaleSingle Family Home

$349,900

181 Brixham Loop, Troutman, NC 28166

Clean, Modern 3-Bed Ranch Near Lake Norman Recreation

3 Bed · 2 Bath · 1,317 Sq Ft

2023 ranch with enclosed porch, granite island, 2-car garage

3

Beds

2

Baths

1,317

Sq Ft

2023

Built

0.24 acres

Lot

2-car attached

Garage

About 181 Brixham Loop

At 181 Brixham Loop you’ll find a quietly confident ranch home built in 2023 and sited on a level 0.24-acre lot in Colonial Crossing. The single-story layout—1,317 square feet—was designed for uncomplicated living: three bedrooms, two full baths, an open kitchen anchored by a large island with granite countertops, and an enclosed back porch that frames a private, wooded rear yard.

The layout feels purposeful rather than fussy. The kitchen island is the natural gathering point for weekday breakfasts and weekend prep, and the open plan keeps conversation flowing into the living area. Practical systems—central air, an electric heat pump, and a composition shingle roof—support year-round comfort with low-maintenance ownership. A two-car attached garage and driveway provide easy vehicle access and storage.

Step out to the enclosed porch for year-round use; its wooded outlook creates a real sense of privacy uncommon in newer subdivisions. The lot is level and ready for a planting plan, play set, or a future patio addition. For buyers who value proximity to outdoor recreation, Lake Norman State Park is just 3.5 miles away, offering boating, trails, and waterfront access without the premium of a lakefront price.

This property is competitively priced at $349,900 and sits among very recent sales in the immediate neighborhood, which validate the area’s strong demand for well-built new construction. Colonial Crossing is a developing residential enclave close to downtown Troutman and local schools, delivering small-town convenience and steady appreciation potential. For buyers seeking a move-in-ready ranch with modern finishes, a private yard, and straightforward daily living, 181 Brixham Loop is a practical, attractive choice.

Home Highlights

Move-in ready (built 2023)Open ranch layout — single-story livingGranite countertops and large kitchen islandEnclosed back porch with wooded outlook2-car attached garageLevel 0.24-acre lotClose to Lake Norman State Park

Property Features

Interior Features

  • Open floor plan connecting kitchen and living area
  • Granite countertops
  • Large kitchen island
  • 3 bedrooms, 2 full bathrooms
  • Enclosed back porch off main living space
  • Central air conditioning
  • Electric heat pump

Exterior & Lot

  • Level 0.24-acre lot (10,454 sq ft)
  • Wooded rear yard for privacy
  • 2-car attached garage plus driveway
  • Composition shingle roof
  • Standard residential frontage and driveway access

Location & Neighborhood

  • Colonial Crossing neighborhood — newer residential development
  • 2 miles to Downtown Troutman
  • 1.7 miles to Troutman Elementary and Middle Schools
  • 6.3 miles to South Iredell High School
  • Near Lake Norman State Park (3.5 miles)

Walkability & Recreation

  • Walkability Rating: 35/100 — Car-Dependent (most errands require a vehicle)
  • Nearby parks and green spaces including local neighborhood open areas
  • Hiking and biking at Lake Norman State Park (3.5 miles)
  • Running/walking access to neighborhood streets and nearby trails
  • Downtown Troutman (2 miles) for local shops and restaurants

Neighborhood & Location

Colonial Crossing is a newer residential enclave in Troutman that appeals to buyers seeking quiet streets, recent construction, and proximity to the region’s outdoor attractions. The neighborhood provides quick access to Downtown Troutman’s local restaurants and shops and is within a short drive of Lake Norman State Park. Schools are nearby—Troutman Elementary and Middle are about 1.7 miles away—making this community practical for families who want newer home finishes without sacrificing small-town amenities.

Market Insights

Troutman’s single-family market is currently balanced but leans toward a seller’s edge due to tight inventory. Local market metrics: approximately 2.5 months of inventory and an average days on market near 30 days—conditions that reward competitively priced, move-in-ready homes. Median sale price for the area sits around $350,000; one-year appreciation is modest (about 5%), with five-year gains near 25%.

Comparable, newly built homes in Colonial Crossing have closed in the $328K–$334K range recently, with price-per-square-foot figures near $195–$200. This ranch is listed at $349,900 ($266/SF), in line with current demand for modern, low-maintenance product. Single-family homes in developing Troutman perform well because of steady local population growth, proximity to Lake Norman recreation, and demand from buyers seeking newer construction at accessible price points. Low inventory and consistent rental demand (estimated monthly rent ~ $1,800) make this an attractive entry for homeowners and investors who value stability and regional growth.

Nearby Schools

Troutman Elementary School

Elementary · 1.7 mi

6/10

Troutman Middle School

Middle · 1.7 mi

2/10

South Iredell High School

High · 6.3 mi

4/10

Walkability & Recreation

35
Walkability
78
Recreation

Very good access to outdoor recreation — Lake Norman State Park is 3.5 miles away for hiking, boating, and biking; neighborhood streets and nearby green spaces support daily walks and runs.

Investment Highlights

  • New construction (2023) with modern finishes and open floor plan
  • Enclosed back porch overlooking wooded area for added privacy
  • Proximity to Lake Norman State Park (3.5 miles) for outdoor recreation
  • Located in developing Colonial Crossing community with growing amenities
  • Assessed value below market, indicating potential for appreciation

Key Findings

  • Listed for $349,900 ($266/SF) — comparable sales suggest fair market value around $345,000
  • Assessed value $286,400 (land $40K, improvements $246.4K) — annual taxes $3,210
  • Zoned CZRM — Conditional Zoning Residential Mixed
  • 3 comparable sales within 0.5 miles in last 6 months range $330K–$360K
  • Average days on market in Troutman: 30 days (balanced market)

Things to Consider

  • Developing neighborhood may have ongoing construction and limited established amenities
  • Middle and high schools have average ratings, which may impact family buyer interest
  • New construction may have limited resale data for long-term value assessment

Opportunity Analysis

Newly built ranch home in developing community with modern finishes and proximity to Lake Norman State Park. Priced competitively with potential for appreciation as the neighborhood matures.

Potential Use Scenarios

  • Ideal for buyers seeking move-in-ready home with modern amenities
  • Potential for appreciation as neighborhood develops and amenities increase
  • Proximity to Lake Norman State Park offers lifestyle appeal for outdoor enthusiasts

Risk Factors

  • Developing neighborhood may have ongoing construction and limited established amenities
  • Middle and high schools have average ratings, which may impact family buyer interest
  • New construction may have limited resale data for long-term value assessment

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$330K

Midpoint

$345K

High

$360K

$262/SF estimated price per square foot

85% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for lot size and year built. Assessed value of $286,400 appears below market.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$350,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)3,500
Median Income (1 mi)$65,000

Troutman has experienced steady population growth with increasing demand for residential properties.

Nearby Points of Interest

  • Troutman Elementary School (1.7 mi)
  • Troutman Middle School (1.7 mi)
  • South Iredell High School (6.3 mi)
  • Lake Norman State Park (3.5 mi)
  • Downtown Troutman (2 mi)

Located in a quiet residential neighborhood with proximity to schools, parks, and local amenities.

School District

DistrictIredell-Statesville Schools
ElementaryTroutman Elementary School (6/10)
MiddleTroutman Middle School (2/10)
HighSouth Iredell High School (4/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2023
Constructionwood frame
Stories1
Roofcomposition shingle
Heatingelectric heat pump
Coolingcentral air
Basementnone
FireplaceNo
Conditionexcellent

Lot & Site

Lot Size0.24 acres (10,454 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces2
FrontageStandard residential frontage

Utilities

Watermunicipal
Sewerpublic sewer
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeCZRM
DescriptionConditional Zoning Residential Mixed
JurisdictionTown of Troutman

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$286,400
Land$40,000
Improvements$246,400
Annual Tax (2025)$3,210

Sale History

2024-02-16$337,900

$256.5/SF

New construction sale

Are You the Agent?

Claim this property page to feature your contact info and connect directly with buyers researching this address.

  • Listing agents can add photos and list price
  • Buyer's agents can capture buyer inquiries
  • Your name, brokerage, and contact on the page
Claim This Listing — $15

One-time fee. Your info appears on this page across CompCasa.

Looking to Buy or Sell?

Connect with a licensed local agent who knows this area.

Find a Local Agent

CompCasa is a marketing and technology platform. All brokerage services are provided by licensed partners.

Request a Showing