STUNNING CUSTOM-BUILT WATERFRONT HOME WITH PRIVATE DOCK – NO HOA!
This immaculate custom home offers the perfect blend of modern luxury and peaceful lakefront living. Located just minutes from Lake Norman State Park, this 3-bedroom retreat is nestled in a quiet, serene setting with breathtaking water views and direct lake access via your own private dock.
The open-concept kitchen is a chef’s dream, featuring a large island, granite countertops, induction cooktop, double ovens, and stylish finishes throughout. The spacious living area flows seamlessly to a screened-in porch—ideal for relaxing or entertaining while taking in the beautiful lake views. Enjoy evenings by the firepit, mornings on the dock, and the low-maintenance ease of an inground irrigation system. With no HOA restrictions, you’ll have the freedom to use the property however you choose.
Currently used as a short-term rental with strong income performance. This home is an excellent opportunity for those seeking a full-time residence, weekend retreat or investment opportunity.
Active
$1,499,000
787 Morrison Farm Rd, Troutman, NC 28166
3beds
1,810sqft
Est.:
Single Family Residence
Built in 2022
0.53 Acres Lot
$1,449,800 Zestimate®
$828/sqft
$-- HOA
What's special
Waterfront homePeaceful lakefront livingStylish finishesInground irrigation systemModern luxuryPrivate dockOpen-concept kitchen
- 148 days |
- 1,258 |
- 42 |
Zillow last checked: 8 hours ago
Listing updated: November 03, 2025 at 12:58pm
Listing Provided by:
Jitka Sustrova jitkasustrovarealty@gmail.com,
EXP Realty LLC Mooresville
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4306573
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Split BR Plan, Walk-In Closet(s)
- Level: Main
Bedroom s
- Features: Ceiling Fan(s), Split BR Plan
- Level: Main
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Breakfast
- Features: Breakfast Bar, Kitchen Island
- Level: Main
Dining area
- Features: Open Floorplan
- Level: Main
Flex space
- Features: Ceiling Fan(s)
- Level: Main
Kitchen
- Features: Breakfast Bar, Kitchen Island, Open Floorplan, Walk-In Pantry
- Level: Main
Laundry
- Level: Main
Living room
- Features: Ceiling Fan(s), Open Floorplan
- Level: Main
Other
- Features: Drop Zone
- Level: Main
Heating
- Electric, Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Water Heater, Exhaust Hood, Induction Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Wall Oven
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Drop Zone, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
- Flooring: Tile, Vinyl
- Has basement: No
Interior area
- Total structure area: 1,810
- Total interior livable area: 1,810 sqft
- Finished area above ground: 1,810
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage Door Opener, Keypad Entry, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Two or More Access Exits
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Rear Porch, Screened
- Exterior features: Fire Pit, In-Ground Irrigation
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Dock, Pier, Waterfront
- Body of water: Lake Norman
Lot
- Size: 0.53 Acres
- Dimensions: 180 x 192 x 82 x 173
- Features: Views
Details
- Parcel number: 4629802883.000
- Zoning: R-20
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Hardboard Siding, Stone Veneer
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Community
- Features: Lake Access
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Morrison Point
Location
- Region: Troutman
Financial & listing details
- Price per square foot: $828/sqft
- Tax assessed value: $881,230
- Annual tax amount: $5,347
- Date on market: 9/25/2025
- Cumulative days on market: 148 days
- Listing terms: Cash,Conventional,Exchange,FHA
- Road surface type: Concrete, Paved
Estimated market value
$1,449,800
$1.38M - $1.52M
$1,977/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Price change | $1,499,000-6.3%$828/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4306573 Report a problem | ||
| 9/25/2025 | Listed for sale | $1,599,000$883/sqft |
Source: Canopy MLS as distributed by MLS GRID #4306573 Report a problem | ||
| 9/2/2025 | Listed for rent | $6,000$3/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298195 Report a problem | ||
| 3/2/2024 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #4073026 Report a problem | ||
| 2/28/2024 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #4065533 Report a problem | ||
| 1/24/2024 | Listed for rent | $6,000$3/sqft |
Source: Canopy MLS as distributed by MLS GRID #4073026 Report a problem | ||
| 1/23/2024 | Price change | $1,599,000-18%$883/sqft |
Source: Canopy MLS as distributed by MLS GRID #4065533 Report a problem | ||
| 9/6/2023 | Listed for sale | $1,950,000+231.9%$1,077/sqft |
Source: Canopy MLS as distributed by MLS GRID #4065533 Report a problem | ||
| 6/26/2018 | Sold | $587,500$325/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,347 | $881,230 |
| 2024 | $5,347 | $881,230 |
| 2023 | $5,347 +157.8% | $881,230 +178.9% |
| 2022 | $2,075 +37.7% | $316,000 +31.7% |
| 2021 | $1,506 | $240,000 |
| 2020 | $1,506 +4.1% | $240,000 |
| 2019 | $1,446 +0.8% | $240,000 |
| 2018 | $1,434 | $240,000 |
| 2017 | $1,434 | $240,000 |
| 2016 | $1,434 | $240,000 |
| 2015 | $1,434 +8.6% | $240,000 |
| 2014 | $1,320 | $240,000 |
| 2013 | -- | $240,000 |
| 2012 | -- | $240,000 |
| 2011 | -- | $240,000 +20% |
| 2010 | -- | $200,000 |
| 2009 | -- | $200,000 |
| 2008 | -- | $200,000 |
| 2007 | -- | $200,000 +19% |
| 2006 | -- | $168,000 |
| 2005 | -- | $168,000 |
| 2004 | -- | $168,000 |
| 2003 | -- | $168,000 +82.6% |
| 2002 | -- | $92,000 |
| 2001 | -- | $92,000 |
| 2000 | -- | $92,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,045/mo
Principal & interest
$7208
Property taxes
$837
Climate risks
Neighborhood: 28166
Nearby schools
GreatSchools rating
- 6/10Troutman Elementary SchoolGrades: PK-5Distance: 5.1 mi
- 2/10Troutman Middle SchoolGrades: 6-8Distance: 5 mi
- 4/10South Iredell High SchoolGrades: 9-12Distance: 10.1 mi
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