Sold
Last Sold Price

438 Morrison Farm Rd, Troutman, NC 28166

3.17 acresLot Size

Description

3.17 Acres Waterfront Lot on Lake Norman / 228ft of Shoreline / Pier Permit Already in Place / Wooded Estate Privacy / Great Location with NO HOA / Rare to find this much Waterfront Acreage on Lake Norman / Morrison Pointe North offers the exclusive opportunity to build your custom home in an incredibly hard to find setting / Build your Dream Home and Enjoy Lake Norman Lifestyle / Morrison Pointe North was created by local developer for individuals who find peace when surrounded by nature.3.17 Acres Waterfront Lot on Lake Norman / 228ft of Shoreline / Pier Permit Already in Place / Wooded Estate Privacy / Great Location with NO HOA / Rare to find this much Waterfront Acreage on Lake Norman / Morrison Pointe North offers the exclusive opportunity to build your custom home in an incredibly hard to find setting / Build your Dream Home and Enjoy Lake Norman Lifestyle / Morrison Pointe North was created by local developer for individuals who find peace when surrounded by nature.
Listing Agent
  1. Boston Reid

    Boston Reid

    Listing Agent

    Lead 2 Real Estate Group

    boston.reid@compass.com

    P: (704) 975-6742

    M: (704) 975-6742

Listing closed: 07/23/2021 12:00 AM • Source: CANOPY, MLS#: 3497114
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Recent comparable sales

Median sold price

$325,000

Avg days on market

103

Sale-to-list ratio

93.2%

Troutman, NC

9 comparable properties found

$325,000 | 119 Bensway Lane, Troutman, NC 28166
1/11
1

$325,000

Sold 06/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.32
Acres
a view of swimming pool with a lake view
1/6
2

$205,900

Sold 06/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.16
Acres
a view of a city
1/8
3

$197,500

Sold 03/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.69
Acres
an aerial view of a house with a yard and lake view
1/24
4

$180,000

Sold 03/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.07
Acres
a view of a lake from a balcony
1/10
5

$115,000

Sold 09/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.09
Acres
a view of a lake view
1/22
6

$674,000

Sold 04/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.2
Acres
a view of a lake with a yard
1/8
7

$500,000

Sold 08/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.81
Acres
$420,000 | 130 Seekirk Drive, Troutman, NC 28166
1/32
8

$420,000

Sold 09/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.1
Acres
a view of a lake with boats and trees
1/17
9

$800,000

Sold 06/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.75
Acres

Location

Listing Courtesy of Lead 2 Real Estate Group

Sold By Keller Williams Mooresville

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Payment Calculator

$2,232 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,468

Property Taxes

$764

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for 438 Morrison Farm Road

Property Details

  • MLS Type: Sale / Residential / VACANT / RESIDENTIAL
  • Waterfront Features: None
  • Zoning Description: RS
  • Subdivision Name: Morrison Pointe North

Building Information

  • Lot Size: 3.17 AC / 138,085 SF

Summary

Location and General Information
  • Water Body Name: Lake Norman
  • Longitude: -80.924738
  • Geocode Source: Manual
  • Latitude: 35.650213
  • Zoning NCM: R-S
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $150,000.00
  • Parcel Number: 4629-87-0337.000
School Information
  • Middle Or Junior School: Troutman
  • High School: South Iredell
  • Elementary School: Troutman
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Property

Lot Information
  • Structure Type: Lot
  • Sq Ft Building Minimum: 2400
  • Lot Features: Water View, Waterfront
  • Possible Use: Private Estate, Residential
  • Property Type: Land
Property and Assessments
  • Photos Count: 12
  • Road Responsibility: Public Maintained Road
  • Permit Syndication: Yes
  • Plat Book Slide: 68/36-37
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed, Square Feet, Other - See Media/Remarks
Utilities
  • Sewer: Septic Needed
  • Water Source: Well Needed

Interior and Exterior Features

Exterior Features
  • Out Buildings: No
Interior Features
  • Habitable Residence YN: No

Multi Family

Multi-Family Information
  • Unit Count: 0

Property History for 438 Morrison Farm Road

DateEvent & SourcePriceAppreciation
Jul 23, 2021

Closed

CANOPY #3497114

$275,000—
Jul 22, 2021

Closed (Public Record)

Public Record #1467682120

$275,000—
Mar 17, 2021

Under Contract-No Show

CANOPY #3497114

—
DateEvent & SourcePrice
07/23/2021

Closed

CANOPY #3497114

$275,000
07/22/2021

Closed (Public Record)

Public Record #1467682120

$275,000
03/17/2021

Under Contract-No Show

CANOPY #3497114

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 438 Morrison Farm Road

Taxable Value

Land

$275,000

Additions

$552,830
Total$827,830

Tax Record

2025

$9,166 ($764 / month)

Home Facts

Beds

4

Baths

3.5

Total Finished SqFt

2,730 SqFt

Above Grade Finished SqFt

2,730 SqFt

Stories

1

Lot Size

138,172 SqFt

Style

Single Family Residence

Year Built

2022

Year Renovated

2022

Zoning

RS

County

IREDELL

APN

4629-87-0337.000

Schools near 438 Morrison Farm Road

This home is within Iredell-Statesville School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Troutman Elementary School
PublicPK to 5

Troutman Middle School
Public6 to 8

South Iredell High School
Public9 to 12

Discovery Program at The Springs
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 438 Morrison Farm Road, Troutman, NC 28166
$275,000
–
–
–
138,085
$1,021,000
4
4
4,389
121,271
$740,000
5
3,411
57,499
$52,000
–
–
–
47,524
–
–
–
–
30,013
$2,625,000
5
8,579
1,126,722

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lead 2 Real Estate Group

Based on information submitted to the MLS GRID as of 07/28/2021 01:41 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.