$745,000
5 Bed · 3 Bath · 2,424 Sq Ft
Country acreage with modern systems and development potential
5
Beds
3
Baths
2,424
Sq Ft
1993
Built
10 acres
Lot
This Cape Cod–inspired residence stands on a full ten acres of gently rolling countryside, offering rare privacy and flexible possibilities just minutes from I‑77 and Lake Norman State Park. Approaching the house, the classic rooflines and dormer windows give way to a warm, updated interior where recent systems and finishes deliver immediate comfort and low maintenance living.
Inside, the main floor hosts well-proportioned living areas and a primary suite designed for rest. The primary bath includes an oversized soaking tub—a deliberate sanctuary after a long day—and the home benefits from thoughtful upgrades: a brand-new HVAC system, fully encapsulated crawlspace, new carpet throughout, fresh interior paint, updated stair railings, and contemporary lighting and ceiling fans. These improvements give the home an updated feel while preserving its Cape Cod character.
Upstairs expands the home's adaptability: in addition to three main bedrooms, there are two large bonus rooms—each with its own closet and sharing a full bathroom—perfect for multi-generational living, guest suites, homeschooling, hobbies, or private workspaces. The 2,424 square feet are arranged to maximize usable space and provide privacy between entertaining and sleeping areas.
Outside, ten acres open opportunities for horses, hobby farming, building additional structures, or even a small development parcel for a builder or family compound. The property is equestrian-friendly and positioned to enjoy broad country skies, sunrise and sunset exposures, and abundant space for outdoor pursuits. Yet everyday conveniences remain close: shopping, dining, and regional access via I‑77 are only minutes away, and outdoor recreation at Lake Norman State Park is within easy reach.
Move-in ready and thoughtfully maintained, this Troutman property blends a traditional architectural presence with contemporary mechanicals and practical updates. Whether you’re seeking a private family estate, a multigenerational layout, room to build, or a developer opportunity, this home is a standout parcel in a market where acreage and proximity to Lake Norman are in demand.
Troutman offers a peaceful, rural lifestyle with convenient regional access. This property is positioned in a countryside setting while remaining minutes from I‑77, local shopping, and dining. Outdoor enthusiasts will appreciate the proximity to Lake Norman State Park for hiking, paddling and shoreline recreation, while horse owners and hobby farmers will find the area’s parcels and community character supportive of equestrian activity. The neighborhood balances quiet country living with practical access to nearby towns and commuter routes.
Valuation data for this parcel centers on a midpoint estimate of $745,000 with an indicated price-per-square-foot of approximately $307 based on available structured data; model confidence is moderate (0.65). Those figures align exactly with the current broker list price of $745,000. Specific local market metrics such as days on market and inventory levels were not provided in the research set; prospective buyers and investors should request the latest MLS statistics from the listing agent for timely DOM, inventory, and absorption-rate figures. Single-family properties with acreage and equestrian potential in the Troutman/Lake Norman orbit historically attract both owner-occupant buyers looking for privacy and builders seeking parcels with development potential. Given the property's turnkey mechanicals (new HVAC, encapsulated crawlspace) and flexible floorplan (bonus rooms and multigenerational layout), it presents lower holding risk and immediate usability—advantages in markets where land and move-in-ready homes command buyer attention. For investors or owners contemplating subdivision or additional construction, running a feasibility review with the county and a local surveyor is recommended to quantify development potential and value uplift.
Strong outdoor recreation access with Lake Norman State Park nearby for hiking, fishing and paddling; ample open acreage for riding, trails, and country pursuits; lake boating and waterfront activities are close at hand.
Low
$715K
Midpoint
$745K
High
$775K
$307/SF estimated price per square foot
Derived from listing page structured data
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market data is based on aggregated public records and may not reflect real-time conditions.
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