Troutman Land Subdivision
For Sale
$7,500,000
228 Fern Hill Road, Troutman, NC 28166
Land, Troutman, NC
Property SizeContact for details
Lot Size49.88 Acres
Days on Market317
Property Features for 228 Fern Hill Road
General Information
Property type
Land
Property subtype
Other
Zoning
RA
Zoning description
RA
Elementary school
Lakeshore
Middle school
Lakeshore
High school
Lake Norman
Standard status
Active
APN
4649-44-0247.000 +
Lot size
49.88 Acres
Taxes and HOA fees
Tax Description
49.88 Acres
Legal Description
49.88 Acres
Utilities
Sewer type
Septic Needed
Water source
Well Needed
Listing Agency:
Lake Realty
(704) 892-6350
Listed By:
Ken Ledbetter
(704) 775-3329
Added: Oct 10, 2025
Changed: Aug 19
Last Checked: Aug 22 at 10:06PM
MLS# 4311902
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 property presents an opportunity to acquire a 36-lot subdivision known as Hobbs Creek Reserve. The minimum lot size is 0.60 acres, with some lots reaching over 1 acre. This development is planned as an exclusive gated community, benefiting from the absence of city taxes and inclusion in the Mooresville School District. The road infrastructure is already in place, with the road base currently being installed. Soil testing is underway, with final surveying to follow. An additional 25 acres are allocated for future phases 2 and 3. The entrance will feature 21 brick columns complemented by black wrought iron fencing and two 14 ft drive-through gates. The seller prefers to sell to one builder but is open to selling multiple or individual lots. The community's completion is anticipated within the next few months. It will operate as an HOA community with restrictions on house design and minimum square footage. Soil reports indicate the potential for 17 four-bedroom homes and 17 three-bedroom homes. Lot sizes vary across the subdivision. The property is zoned RA and spans 49.88 acres.
Key Highlights
- Exclusive gated community with large lots, minimum .60 acres, some over 1 acre
- Located in the desirable Mooresville School District
- Enjoy the benefit of no city taxes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
22
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Exclusive gated community development opportunity in Troutman, North Carolina.
Where is this land located?
The property is located at 228 Fern Hill Road Troutman, NC.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Exclusive gated community with large lots, minimum .60 acres, some over 1 acre; Located in the desirable Mooresville School District; Enjoy the benefit of no city taxes
