RARE FIND! PRIME LOCATION! POTENTIAL INCOME PRODUCING EQUESTRIAN FARM or MULTI GENERATIONAL COMPOUND. A total of 9.7 acres just off State Park Rd! Property features 3 houses - one log cabin with a country rustic flair (3bed/2.5 bath- 2,677sqft) one original 1900’s farm house (3 bed/2bath- 2,240 sqft) & a small house by the barn (1 bed/1 bath- 782 sqft) perfect for a second living quarters or guest home. Equestrian facilities include a large 113 x 40 barn with 17 stables, a tack room, wash pit & feed room. A covered 120 x 94 riding arena with a wash pit, feed room, tack room & grooming area. Pasture with electric fencing & a chicken house. An additional 24 x 24 garage/workshop on the back of the property. Plenty of room to expand the pasture/barn or even build another house. Endless opportunities with this large tract of land. Close proximity to Lake Norman State Park, DT Troutman, Mooresville, I77 & I40. No city taxes! Compound is also listed as a split- MLS #4121145 & MLS #4121398
Terra Vista Realty can rebate $5,875 on this home. Learn more.
General Info - MLS # 4089549
Parking:
Detached Carport Price/Sq Ft: $340/SqFt Year Built: 2000
Master / Primary Bedroom:
Main floor Listing Status: Active
Property Type:
Single Family Home
Location:Troutman
/
Iredell County
Listing History
Cumulative Days on Market: 83
Last checked for updates: 3 minutes ago
03/21/2024: Price decreased to $1,175,000 ( $50,000) 03/08/2024: Price decreased to $1,225,000 ( $25,000) 01/22/2024: Status changed to Active 12/17/2023: Status changed to Under Contract-No Showings
12/01/2023: Status changed to Active 11/22/2023: MLS # 4089549 listed as Coming Soon - No Show at $1,250,000
Main Floor: Full Bathroom, Half Bathroom, Great Room, Kitchen, Laundry, Living Room, Office, Primary Bedroom
(Total: 1 bedroom, 1 full bathroom, 1 half bathroom)
Upper Floor: Full Bathroom, Bedroom, Bedroom
(Total: 2 bedrooms, 1 full bathroom)
2nd Living Quarters Floor: 2nd Living Quarters
(Total: 1 bedroom, 1 full bathroom)
Second Living Quarters Floor: Bathroom, Bedroom
(Total: 1 bedroom, 1 full bathroom)
Bedrooms: 4 Baths:
3 full
/
1 half
Total Heated Square Feet:
3,459 Heated Sq Ft Breakdown:
Main: 1,884
Upper: 793
Second Living Quarters
2nd Living Quarters: Guest House, Separate Living Quarters
Exterior
Lot Size:
9.7 acres
Lot Description: Cleared, Level, Pasture Exterior Features: Fence, In Ground Pool Siding: Wood
Interior Features
Flooring: Tile, Wood Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
Other / Miscellaneous
Foundation: Crawl Space Water: Shared Well, Well Sewer: Septic Installed Courtesy of: EXP Realty LLC Mooresville Agent: Heather Miller Email: hkmiller89@gmail.com Cooling: Central Air Heating: Heat Pump Fireplace: Gas Log, Living Room Fencing: Electric Horse Amenities: Arena covered, Barn, Boarding Facilities, Equestrian Facilities, Hay Storage, Horses Allowed, Pasture, Stable(s), Tack Room, Wash Rack
Lyn Palmer
REALTOR / Buyer’s Agent, offering Realtor rebates (may represent potential buyers of this property)
704-898-3016
REQUEST SHOWING (MLS # 4089549)
Remarks
RARE FIND! PRIME LOCATION! POTENTIAL INCOME PRODUCING EQUESTRIAN FARM or MULTI GENERATIONAL COMPOUND. A total of 9.7 acres just off State Park Rd! Property features 3 houses - one log cabin with a country rustic flair (3bed/2.5 bath- 2,677sqft) one original 1900’s farm house (3 bed/2bath- 2,240 sqft) & a small house by the barn (1 bed/1 bath- 782 sqft) perfect for a second living quarters or guest home. Equestrian facilities include a large 113 x 40 barn with 17 stables, a tack room, wash pit & feed room. A covered 120 x 94 riding arena with a wash pit, feed room, tack room & grooming area. Pasture with electric fencing & a chicken house. An additional 24 x 24 garage/workshop on the back of the property. Plenty of room to expand the pasture/barn or even build another house. Endless opportunities with this large tract of land. Close proximity to Lake Norman State Park, DT Troutman, Mooresville, I77 & I40. No city taxes! Compound is also listed as a split- MLS #4121145 & MLS #4121398
Terra Vista Realty can rebate $5,875 on this home. Learn more.
General Info - MLS 4089549
Parking:
Detached Carport Price/Sq Ft: $340/SqFt Year Built: 2000
Master / Primary Bedroom:
Main floor Listing Status: Active
Property Type:
Single Family Home
Location:Troutman
/
Iredell County
Cumulative Days on Market: 83
Last checked for updates: 3 minutes ago
03/21/2024: Price decreased to $1,175,000 ( $50,000) 03/08/2024: Price decreased to $1,225,000 ( $25,000) 01/22/2024: Status changed to Active 12/17/2023: Status changed to Under Contract-No Showings
12/01/2023: Status changed to Active 11/22/2023: MLS # 4089549 listed as Coming Soon - No Show at $1,250,000
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Layout
Main Floor: Full Bathroom, Half Bathroom, Great Room, Kitchen, Laundry, Living Room, Office, Primary Bedroom
(Total: 1 bedroom, 1 full bathroom, 1 half bathroom)
Upper Floor: Full Bathroom, Bedroom, Bedroom
(Total: 2 bedrooms, 1 full bathroom)
2nd Living Quarters Floor: 2nd Living Quarters
(Total: 1 bedroom, 1 full bathroom)
Second Living Quarters Floor: Bathroom, Bedroom
(Total: 1 bedroom, 1 full bathroom)
Bedrooms: 4 Baths:
3 full
/
1 half
Total Heated Square Feet:
3,459 Heated Sq Ft Breakdown:
Main: 1,884
Upper: 793
Second Living Quarters
2nd Living Quarters: Guest House, Separate Living Quarters
Exterior
Lot Size:
9.7 acres
Lot Description: Cleared, Level, Pasture Exterior Features: Fence, In Ground Pool Siding: Wood
Interior Features
Flooring: Tile, Wood Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
Other / Miscellaneous
Foundation: Crawl Space Water: Shared Well, Well Sewer: Septic Installed Courtesy of: EXP Realty LLC Mooresville Agent: Heather Miller Email: hkmiller89@gmail.com Cooling: Central Air Heating: Heat Pump Fireplace: Gas Log, Living Room Fencing: Electric Horse Amenities: Arena covered, Barn, Boarding Facilities, Equestrian Facilities, Hay Storage, Horses Allowed, Pasture, Stable(s), Tack Room, Wash Rack
Lyn Palmer
REALTOR / Buyer’s Agent, offering 1% Realtor rebates (may represent potential buyers of this property)
704-898-3016
28166 ZIP Code Trends
28166 ZIP Code Trends
OUR RATING: LESS COMPETITIVE
In Our ZIP Code Analysis (updated daily), we found that 28166 is the 64th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.
In the 28166 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:
36 Median Days Until Pending
Homes (that actually sold) went under contract after a median of 36 cumulative days on market in the 28166 area.
Compare this with the Charlotte metro area median of 17 days on market.
38% of previously owned 28166-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.
Price Per Square Foot Change
Period
28166 Area
Metro Area
1-year
+ 3%
+ 3%
2-year
+ 3%
+ 2%
5-year
+53%
+66%
The price per square foot of 28166-area re-sale homes has
increased by approximately 53%
over the past 5 years (versus
a 66% increase
for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28166 over the past 90 days - as compared to $212 for the entire metro area.
36 Median Days Until Pending
Homes (that actually sold) went under contract after a median of 36 cumulative days on market in the 28166 area.
Compare this with the Charlotte metro area median of 17 days on market.
The price per square foot of 28166-area re-sale homes has
increased by approximately 53%
over the past 5 years (versus
a 66% increase
for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28166 over the past 90 days - as compared to $212 for the entire metro area.
38% of Available Homes Are Under Contract
38% of previously owned 28166-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.
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More Home Details
Additional Details
Levels: One and One Half Other Structures: Barn(s), Feed Barn, Shed(s), Workshop Property ID: 4730-46-5815.000 Listing Agreement: Exclusive Right To Sell Buyer's Agent Compensation: 2.5% Street: Asphalt, Paved
More Home Details
Additional Details
Levels: One and One Half Other Structures: Barn(s), Feed Barn, Shed(s), Workshop Property ID: 4730-46-5815.000 Listing Agreement: Exclusive Right To Sell Buyer's Agent Compensation: 2.5% Street: Asphalt, Paved