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  • $1,499,000

    787 Morrison Farm Rd, Troutman, NC 28166

    3beds
    1,810sqft
    : 
    Single Family Residence
    Built in 2022
    0.53 Acres Lot
    $1,456,000 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.
    175 days
    |
    1,176
    |
    38
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 28, 2026 at 03:14pm

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

        $1,456,000

        $1.38M - $1.53M

        $2,112/mo

        Price history

        Price history
        DateEventPrice
        3/1/2026Listing removed$6,000$3/sqft
        Source: Canopy MLS as distributed by MLS GRID #4298195 Report a problem
        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
        1/24/2024Listed for rent$6,000$3/sqft
        Source: Canopy MLS as distributed by MLS GRID #4073026 Report a problem
        1/23/2024Price change$1,599,000-18%$883/sqft
        Source: Canopy MLS as distributed by MLS GRID #4065533 Report a problem
        9/6/2023Listed for sale$1,950,000+231.9%$1,077/sqft
        Source: Canopy MLS as distributed by MLS GRID #4065533 Report a problem
        6/26/2018Sold$587,500$325/sqft
        Source: Agent Provided 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%
        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
        $8,237/mo
        Principal & interest
        $7400
        Property taxes
        $837
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          Neighborhood: 28166

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