$10,000 Closing Credit¹
Listing Office: Carolina Realty Solutions
$2,450,000 List price
202 Timber Lake Dr Troutman, NC 28166
$10,000
Closing credit¹
4 beds
4 full, 2 partial
4,873 sqft
$503 / sqft
House
Property details
About 202 Timber Lake Dr
Beautiful WF home in Falls Cove on a level .92 ac lot. Take your 1st steps into the lake from the sandy beach w/231' of waterfront. HUGE WIDE OPEN WATER VIEWS! Show off your skiing skills to family & friends while they watch from shore. There is room for a pool in the backyard if desired. The exterior of the home is hard stucco w/stone accents. Inside this high-end custom home, there are extraordinary features. Upon entry, the Grove Park Inn inspired stone fireplace will catch your eye. The chef's kitchen has a massive island & the breakfast room & formal dining room are close. A 2nd fireplace is tucked away in the front den/office. The luxurious lakeside owner's suite is also on the main level, along w/the laundry room, drop zone, 2 powder rooms, & an oversized 3 car garage. Upstairs, there are 3 bedrooms all with expansive water views, 3 baths, a theatre room w/wet bar & a couple of flex spaces for recreation/2nd office/hobbies or whatever you need! This is phenomenal lake living!
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size4,873 sqft
Year built2013
ParkingAttached Garage, Garage Faces Side
MLS #4249864
Attached garageYes
WaterfrontBeach, Dock, Pier
FireplaceDen, Great Room
ViewWater
Virtual tour
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Appliances: Bar Fridge, Dishwasher, Electric Water Heater, Exhaust Fan, Gas Cooktop, Microwave, Oven, Refrigerator
- Basement: No
- Flooring Type: Carpet, Tile, Wood
- Interior: Attic Walk In, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Fireplace: Den, Great Room
- Total Bedroom Count: 4
- Attached Garage: Yes
- Parking: Attached Garage, Garage Faces Side
- Waterfront: Beach, Dock, Pier
- View: Water
- Exterior: Fire Pit, In-Ground Irrigation
- Architectural Style: Traditional
- Heating: Central, Forced Air, Natural Gas
- Cooling: Central Air, Electric
- List Price: $2,450,000
- Price/SqFt: $502
- HOA Amount: $58
- HOA Frequency: Quarterly
- Annual Tax Amount: $15,872
- Tax Year: 2023
- Directions: From I-77, take Exit 42 toward US-21/NC-115/Troutman. Travel N on US-21. (Travel 2.5mi) L onto Wagner St. (Travel 3 mi) R onto State Park Rd. (Travel 1.4 mi) L onto Morrison Farm Rd. (Travel .3 mi) L onto Emerald Creek Dr. (Travel .2 mi) R onto Timber Lake Dr. House is in the culdesac.
- Year Built: 2013
- Living Area: 4,873 SqFt
- MLS Number: 4249864
- Office Name: NorthGroup Real Estate LLC
- Office Email: warrengreenlee@gmail.com
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$2,450,000
202 Timber Lake Dr
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,437,470 | $15,872 |
| 2021 | $990,200 | $11,521 |
| 2020 | $990,200 | $11,418 |
| 2019 | $990,200 | $8,296 |
| 2018 | $737,720 | $8,296 |
| 2017 | $737,720 | $8,296 |
History based on county public records data.
Nearby schools
5
Troutman Elementary School
Public District KG-5
3.3 mi
•220 S Main St
5
Lakeshore Elementary School
Public District KG-5
3.6 mi
•252 Lakeshore School Dr
4
Shepherd Elementary School
Public District KG-5
4.7 mi
•1748 Charlotte Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $113,920. Most Troutman, NC residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
13%
<35k
24%
35k-100k
52%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
20%
Single, No Kids
4%
Single, with Kids
54%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
10%
18-34 yrs old
56%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 202 Timber Lake Dr
The listing price of 202 Timber Lake Dr property is $2,450,000.
The property 202 Timber Lake Dr is a house located in Troutman, North Carolina, 28166.
Active Listing: 202 Timber Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 202 Timber Lake Dr are: Troutman Elementary School (GreatSchools Rating 5/10), Lakeshore Elementary School (GreatSchools Rating 5/10), Shepherd Elementary School (GreatSchools Rating 4/10), Troutman Middle School (GreatSchools Rating 2/10), Iredell Charter Academy (GreatSchools Rating 4/10), Lakeshore Middle School (GreatSchools Rating 4/10), Lake Norman High School (GreatSchools Rating 6/10), Career Academy and Technical School (GreatSchools Rating 5/10), South Iredell High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $15,872 (source: MLS/based on county public records data).
The property at 202 Timber Lake Dr has 4 bedrooms and 4 full and 2 half bathrooms.
The property 202 Timber Lake Dr is 4,873 SqFt (source: MLS/tax record).
The year of construction for 202 Timber Lake Dr is 2013.
This home is located at 202 Timber Lake Dr in Troutman, NC and zip code 28166. This 4,873 square foot home was built in 2013. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $2,450,000.
In April 2025, from all listings sold in Troutman, NC there were more than 0 sold above asking price, over 10 sold below and more than 4 were sold right at the asked price. Between March and April 2025, Troutman, NC real estate market has seen decrease in the number of listings by 1.6%. In April 2025 median list price was $399,920 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.