Falls Park Homes for Sale
2 homesCommunity Highlights
- Acreage and wooded homesites that preserve privacy between residences
- Lake Norman State Park access with boat ramps, trails, fishing, and camping nearby
- No-HOA and bring-your-own-builder opportunities on several parcels
- Brick finished homes with porches, garages, and flexible interior layouts
* Based on what we noticed in listing details.
Architecture & Style
- Open Floor Plans
- Main Level Primary Suites
- Bonus Rooms
- Lofts
- Front Porches
- Covered Back Decks
- Side Load Garages
* Based on what we noticed in listing details.
Location & Proximity
Lake Norman State Park corridor in western Iredell County
- Lake Norman State Park
- Lake Norman
- Troutman
- Mooresville
* Based on what we noticed in listing details.
Nearby Schools
Troutman
Troutman
South Iredell
* Based on what we noticed in listing details.
Lots and Land in Falls Park
Community Highlights
Falls Park sits in a lake-adjacent pocket of Troutman where the land itself is part of the appeal. Acreage, wooded backdrops, and water views show up repeatedly, and several parcels are described as private, deep, or suited for a basement home. The neighborhood reads as a place where space matters as much as the house, with finished-home closings ranging from the low 300,000s to just under 1 million dollars while land-only parcels sit far lower.
Amenities & Lifestyle
The built homes lean detached and single-family, with brick showing up often on finished residences and newer builds. Architecture is mixed rather than uniform: traditional two-story plans, modern farmhouses, and one-and-a-half-story layouts all appear, usually paired with open floor plans, main-level primary suites, lofts, bonus rooms, offices, and flexible living spaces. Finished homes date from 2015 to 2023, keeping the streetscape relatively recent even as the lot pattern stays spacious. Outdoor living carries real weight here too. Front porches, covered back porches, decks, side-load garages, and large yards are recurring details, and some homes add pools, hot tubs, fire pits, or detached garage and workshop space. No-HOA language appears often, especially on the larger parcels and buildable lots, which keeps the setting flexible for custom projects. Stillwater Road holds the densest cluster of finished homes, while Morrison Farm Road stands out for larger homesites and the higher-priced end of the built-home market.
These insights are based on listing details and are informational only; verify details for any specific property.
Market Trends
Buyers have more negotiating power. Properties may take longer to sell. Prices have increased 48%. There's typically room for negotiation on price.
Year-over-Year Comparison
Last 12 months





Recently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 106 Dayvault Cut Road 5 bed4 bath | Apr 9 2026 | $740,000 | 40 | 🎯101% | 3411 sq ft | $217 |
3 month gap in market activity | ||||||
![]() SOLD 545 Morrison Farm Road 3 bed2 bath | Dec 17 2025 | $640,000 | 57 | 🎯100% | 2557 sq ft | $250 |
![]() SOLD 600 Stillwater Road 4 bed3 bath | Nov 14 2025 | $905,000 | 61 | 🎯100% | 3102 sq ft | $292 |
4 month gap in market activity | ||||||
![]() SOLD 539 Morrison Farm Road 3 bed2 bath | Jun 27 2025 | $500,000 | 56 | 98% | 2241 sq ft | $223 |
3 month gap in market activity | ||||||
![]() SOLD 628 Stillwater Road 5 bed3 bath | Mar 26 2025 | $980,000 | 125 | 99% | 4173 sq ft | $235 |
![]() SOLD 408 Stillwater Road 4 bed2 bath | Feb 5 2025 | $527,250 | 104 | 98% | 2963 sq ft | $178 |
2+ year gap in market activity | ||||||
![]() SOLD 545 Morrison Farm Road 26 | Aug 12 2022 | $65,000 | 58 | 87% | — | — |
9 month gap in market activity | ||||||
![]() SOLD 420 Stillwater Road 4 bed3 bath | Nov 12 2021 | $538,150 | 31 | 🎯100% | 2757 sq ft | $195 |
4 month gap in market activity | ||||||
![]() SOLD 416 Stillwater Road 5 | Jun 21 2021 | $70,000 | 1061 | 93% | — | — |
![]() SOLD 412 Stillwater Road | May 3 2021 | $70,000 | 1012 | 93% | — | — |
3 month gap in market activity | ||||||
![]() SOLD 420 Stillwater Road 6 | Jan 28 2021 | $70,000 | 70 | 93% | — | — |
2 month gap in market activity | ||||||
![]() SOLD 003 Morrison Farm Road 38 | Nov 4 2020 | $55,000 | 832 | 85% | — | — |
![]() SOLD 114 Dayvault Cut Road 2 | Sep 29 2020 | $52,000 | 796 | 84% | — | — |
![]() SOLD 564 Stillwater Road 25 & 26 | Sep 4 2020 | $65,000 | 771 | 93% | — | — |
![]() SOLD 434 Stillwater Road 9 | Aug 21 2020 | $64,500 | 757 | 93% | — | — |
4 month gap in market activity | ||||||
![]() SOLD 560 Stillwater Road 4 bed3 bath | Apr 20 2020 | $373,000 | 130 | 98% | 2969 sq ft | $126 |
4 month gap in market activity | ||||||
![]() SOLD 504 Stillwater Road 5 bed3 bath | Dec 13 2019 | $355,000 | 58 | 🎯104% | 3154 sq ft | $113 |
![]() SOLD 664 Stillwater Road 37 | Dec 10 2019 | $59,000 | 502 | 86% | — | — |
![]() SOLD 556 Stillwater Road 23 | Nov 25 2019 | $55,000 | 487 | 93% | — | — |
![]() SOLD 428 Stillwater Road | Oct 31 2019 | $65,000 | 462 | 94% | — | — |
4 month gap in market activity | ||||||
![]() SOLD 106 Dayvault Cut Road 5 bed4 bath | Jun 10 2019 | $328,000 | 39 | 98% | 3237 sq ft | $101 |
2 month gap in market activity | ||||||
![]() SOLD 001 Morrison Farm Road 29 | Mar 20 2019 | $72,000 | 237 | 91% | — | — |
![]() SOLD 002 Morrison Farm Road 28 | Mar 14 2019 | $67,000 | 231 | 92% | — | — |
5 month gap in market activity | ||||||
![]() SOLD 560 Stillwater Road 24 4 bed3 bath | Oct 11 2018 | $352,000 | 60 | 🎯100% | 2853 sq ft | $123 |
![]() SOLD 004 Morrison Farm Road 27 | Oct 5 2018 | $50,000 | 71 | 85% | — | — |
![]() SOLD 454 Stillwater Road 12 | Oct 4 2018 | $60,000 | 70 | 92% | — | — |
2 month gap in market activity | ||||||
![]() SOLD 548 Stillwater Road 21 4 bed3 bath | Jul 27 2018 | $334,990 | 373 | 99% | 3090 sq ft | $108 |
2 month gap in market activity | ||||||
![]() SOLD 560 Stillwater Road 24 4 bed3 bath | May 15 2018 | $334,990 | 300 | 99% | 2853 sq ft | $117 |
![]() SOLD 440 Stillwater Road 10 4 bed3 bath | Apr 20 2018 | $339,500 | 43 | 97% | 2769 sq ft | $123 |
4 month gap in market activity | ||||||
![]() SOLD 608 Stillwater Road 31 | Nov 27 2017 | $65,000 | 159 | 76% | — | — |

106 Dayvault Cut Road
$740,000

545 Morrison Farm Road
$640,000

600 Stillwater Road
$905,000

539 Morrison Farm Road
$500,000

628 Stillwater Road
$980,000

408 Stillwater Road
$527,250

545 Morrison Farm Road 26
$65,000

420 Stillwater Road
$538,150

416 Stillwater Road 5
$70,000

412 Stillwater Road
$70,000

420 Stillwater Road 6
$70,000

003 Morrison Farm Road 38
$55,000

114 Dayvault Cut Road 2
$52,000

564 Stillwater Road 25 & 26
$65,000

434 Stillwater Road 9
$64,500

560 Stillwater Road
$373,000

504 Stillwater Road
$355,000

664 Stillwater Road 37
$59,000

556 Stillwater Road 23
$55,000

428 Stillwater Road
$65,000

106 Dayvault Cut Road
$328,000

001 Morrison Farm Road 29
$72,000

002 Morrison Farm Road 28
$67,000

560 Stillwater Road 24
$352,000

004 Morrison Farm Road 27
$50,000

454 Stillwater Road 12
$60,000

548 Stillwater Road 21
$334,990

560 Stillwater Road 24
$334,990

440 Stillwater Road 10
$339,500

608 Stillwater Road 31
$65,000
Market Statistics
The Falls Park real estate market shows buyer's market conditions. Homes typically sell within 168 days. With 2 active listings and 4 homes sold in the past year, Buyers have more negotiating power and time to decide.
Pricing
Median Price:$454,750
Average Price:$454,750
Property Details
Avg Bedrooms:4.2
Avg Bathrooms:3.0
Avg Lot Size:1.30 acres
Market Activity
Active Listings:2
Sold Last Year:4
Median Days to Sell:168 days
Community Info
Median Year Built:2017
New Construction:0%
Recently Off Market Properties
1 propertyLooking for similar properties?
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