Features & Amenities

Interior

  • Other Interior Features

    Entrance Foyer, Kitchen Island, Open Floorplan, Walk-In Closet(s)

  • Total Bedrooms

    4

  • Bathrooms

    4

  • 1/2 Bathrooms

    2

  • Above Grade Finished Area

    4873.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Construction Materials

    Stone Veneer

  • Other Exterior Features

    Dock, Fire Pit

  • Parking

    Garage Faces Side

  • Patio and Porch Features

    Covered, Front Porch, Rear Porch

  • Pool

    Yes

  • Pool Features

    In Ground

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Cul-De-Sac, Level, Views, Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $2,450,000

  • Sq. Footage

    4,873

  • Price/SqFt

    $502

HOA

  • Association

    YES

  • Association Fee

    $175

  • Association Fee Frequency

    Quarterly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Troutman

  • Middle School

    Troutman

  • High School

    South Iredell

Property Features

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

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Location

County

Iredell

Elementary School

Troutman

Middle School

Troutman

High School

South Iredell

Listing Courtesy of Warren Greenlee , NorthGroup Real Estate LLC

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Mitch Totherow

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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!

202 Timber Lake Drive

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Related Properties

This exceptional Lake Norman waterfront investment property in Troutman, NC offers a rare opportunity to own a proven income-producing short-term rental with no HOA restrictions and the ability to continue operating as a vacation rental. With 4 bedrooms, 5 full baths, 1 half bath, and over 7,000 square feet, there is ample room for large groups and multiple families to gather while still enjoying privacy and space. In addition to the four bedrooms, the home features multiple flex rooms currently utilized as additional sleeping areas, allowing the property to comfortably accommodate up to 20 guests.

Designed with entertaining and guest comfort in mind, the home features two full kitchens, multiple living and recreation areas, and expansive gathering spaces throughout. A covered boat slip conveys with the property, providing direct access to Lake Norman, while nearby boat rental options allow guests to easily enjoy the water. Outdoor amenities include a lakeside firepit area, paddleboard and canoe storage, and plenty of room to relax and take in the waterfront setting.

Offered fully furnished and turnkey, the sale includes all furniture, bed and bath linens, kitchen appliances, cookware, utensils, and entertainment amenities including a foosball table, pool table, and ping pong table. Future scheduled tenant bookings will convey with the property, allowing the next owner to step into immediate rental income.

The home has been well maintained and includes numerous updates: five HVAC systems, with one AC unit replaced in July 2024 and a heat pump replaced in June 2023; septic pumped in August 2025; well replaced in 2020 (per previous owner); water heater replaced in 2020 (per previous seller); and two mattresses replaced in 2025. The roof is approximately 2010 (per previous owner).

Situated on approximately 0.8 acres, this unique Lake Norman property combines waterfront recreation, strong investment potential, and relaxed lake living. Whether you're seeking a vacation rental business, a second home, or a private retreat with room for everyone, this property delivers a rare blend of lifestyle and income opportunity.
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New on site 1 day ago
Welcome to your ultimate luxury retreat! This custom brick & stone waterfront home sits on 2.06 secluded acres and boasts over 550 feet of stunning Lake Norman shoreline. What makes this property truly exceptional is the VIEW. Perfectly positioned to overlook 1,300 undisturbed acres of Lake Norman State Park, what you see now is what you will always see - surrounding, unchanging nature. It is an absolute dream for outdoor enthusiasts, offering direct access to the park's hiking and biking trails or kayaking and paddle boarding off your private dock. Step inside to discover gorgeous hardwoods flowing through the main level leading you into a breathtaking two-story great room with a gas log fireplace framed by a spectacular wall of windows to maximize your views. The gourmet kitchen is a true chef’s masterpiece featuring exquisite heated travertine flooring, premium 42-inch cabinets and beautiful granite countertops. High-end appliances include a six burner Thermador range & oven complete with a pot filler, a wall oven and built-in convection microwave, as well as an integrated trash compactor. The expansive center island doubles as a perfect prep space, complete with a vegetable sink & beverage cooler. The breakfast area and sitting room flow onto the outdoor stone deck, featuring a built-in grill and granite eating bar with built-in fire table. Retire to the main-level primary suite with radiant heated floors, a private haven with direct deck access to take in the serene lake views. The spa-like ensuite boasts dual vanities, a tiled step-in shower and a relaxing soaking tub. “His and hers" closets are incredibly convenient with direct access to the laundry room. Upstairs, family & guests will enjoy spacious bedrooms perfectly configured with an ensuite and 2 additional bedrooms with a Jack-and-Jill bathroom. The lower level is built for entertaining! Featuring beautiful heated travertine floors, this space boasts a billiards room complete with a bar, beverage cooler, kegerator and an elegant wine niche. As well, the flex space/office or exercise room features another full bath. Host movie nights in the state-of-the-art home theatre, complete with AV equipment and six automatic reclining chairs that convey with the home! An additional versatile flex/workshop space with double doors complete the lower level. Step outside into your own private resort. The covered patio leads down to a stunning infinity-edge pool, a custom overflowing hot tub and a tranquil Koi pond with a cascading waterfall. The lakeside firepit is perfect for evening fireside chats after a day out on the lake. As well, for the handyman or car enthusiast, don’t miss the 2-Car Detached Garage with additional conditioned space above. This space also features a built-in “doggie-bath” station and ½ bath. Don’t miss the rare opportunity to own this spectacular, secluded Troutman estate with unparalleled views overlooking beautiful Lake Norman!
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Where Architecture Meets the Water's Edge

 

Some homes are simply places to live. This one is an experience — a multi-award-winning architectural masterpiece where modern minimalism, nature, and lakefront living converge in extraordinary harmony. Poised on more than ten wooded, private acres with over 200 feet of unspoiled shoreline, this residence offers a rare kind of freedom: total privacy, total connection.

 

Step inside and the outside follows you. Commercial-scale glass windows and walls dissolve the boundary between interior and landscape, flooding every room with endless water and woodland views. The open floor plan flows naturally — perfect for quiet mornings, effortless entertaining, and everything in between. Enclosed gas fireplaces anchor both the main living room and lower den, offering warmth and ambiance year-round.

The chef-designed kitchen is a study in precision: Bosch, Braun, and Wolf appliances paired with custom extra-deep, soft-close wood cabinetry and waterfall granite countertops. Every surface considered, every detail intentional. A large media room is perfect for movie nights, and the open plan makes hosting feel effortless.

 

Each bedroom is a private retreat, fully ensuite with soundproof walls between spaces — ensuring privacy and quiet are never an afterthought. The east-facing primary suite feels like sleeping in the tree canopy itself, waking to morning light filtering through the leaves. Its Zen spa bathroom features heated floors, a freestanding volcanic limestone soaking tub, dual sinks, and a generous glass shower.

 

Outdoors, life expands. A huge deck with powered awning, open patio, and private covered porch create seamless spaces for gathering or solitude. Your private permitted dock — with boat slip, generous seating areas, and a peaceful cove setting — makes every day on the lake effortlessly yours. A mile of wooded trails wind through the property for morning walks and evening escapes.

 

Thoughtfully built for the future: plumbing stub-ups support an additional full bath and expansion of an existing half-bath, while a large unfinished storage and mechanical room offer room to grow. A fully integrated, hidden network on a dedicated internet line keeps the home seamlessly connected — invisibly, as it should be. Highly efficient materials and construction keep energy costs impressively low.

 

This is not just a home. It is a private world — award-winning, waterfront, and entirely your own.
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 - property

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