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  • Price cut: $100K (11/3)
    $1,499,000

    787 Morrison Farm Rd, Troutman, NC 28166

    3beds
    1,810sqft
    : 
    Single Family Residence
    Built in 2022
    0.53 Acres Lot
    $1,458,500 Zestimate®
    $828/sqft
    $-- HOA

    What's special

    Waterfront homePeaceful lakefront livingStylish finishesInground irrigation systemModern luxuryPrivate dockOpen-concept kitchen
    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.
    102 days
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    717
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    29
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    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#: 4306573MLS Logo

    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: 102 days
    • Listing terms: Cash,Conventional,Exchange,FHA
    • Road surface type: Concrete, Paved
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    Estimated market value

    $1,458,500

    $1.39M - $1.53M

    $1,974/mo

    Price history

    Price history
    DateEventPrice
    11/3/2025Price change$1,499,000-6.3%$828/sqft
    Source: Canopy MLS as distributed by MLS GRID #4306573 Report a problem
    9/25/2025Listed for sale$1,599,000$883/sqft
    Source: Canopy MLS as distributed by MLS GRID #4306573 Report a problem
    9/2/2025Listed for rent$6,000$3/sqft
    Source: Canopy MLS as distributed by MLS GRID #4298195 Report a problem
    3/2/2024Listing removed--
    Source: Canopy MLS as distributed by MLS GRID #4073026 Report a problem
    2/28/2024Listing removed--
    Source: Canopy MLS as distributed by MLS GRID #4065533 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$5,347 $881,230
    2024$5,347 $881,230
    2023$5,347 +157.8%$881,230 +178.9%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $8,746/mo
    Principal & interest
    $7384
    Property taxes
    $837
    Home insurance
    $525

      Climate risks

      Neighborhood: 28166

      Nearby schools

      GreatSchools rating

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