Listing Agency: Howard Hanna Allen Tate Royal Properties m***@bellsouth.net Show Phone

Listed By: Mike Todd · License #204185 Show Phone

Added: May 28 Changed: May 29 Last Checked: Aug 11 at 9:06PM

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MLS# 4387250

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.54-acre lot is located in the first phase of Falls Cove in Troutman, North Carolina, near Lake Norman. The gently sloping basement lot backs up to a wooded community common area, offering tranquility and privacy. The property is situated on a sidewalk-lined street with no thru traffic. It provides easy access to Lake Norman State Park, I-77, Troutman, Statesville, and Mooresville. Prepaid tap fees for water and sewer are included. The current building moratorium does not affect this lot, making it suitable for residential construction.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Big Box & Wholesale Store Cafe & Coffee Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

36

Businesses Nearby

Explore this area Business Placement

Demographics for 28166, NC

10,357

Population

4,423

Households

2.3

Avg Household Size

42

Median Age

26%

College-Educated

90%

High-School Grad

29.0 sq mi

ZIP Area

357

Density / Sq Mi

$85,107

Median Household Income

$43,574

Median Earnings

$1,280

Median Rent

$302,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Residential lot in Troutman, near Lake Norman State Park.

Where is this residential land & home lot located?

The property is located at 241 Ashmore Circle Troutman, NC.

What is the asking price?

The asking price for this property is $200,000.