
$5,999,999 $847/sqft
406 Morrison Farm Road
Troutman, NC 28166
5 bd · 6 ba · 7,085 sqft · 11 ac · 2021 · 5 mo ago
Morrison Pointe North is a low-density Lake Norman enclave where the land itself is the defining amenity.
Community overview based on MLS listing data for Morrison Pointe North, Troutman
Morrison Pointe North is a low-density Lake Norman enclave where the land itself is the defining amenity. Waterfront acreage, private docks or pier permits, and custom-home scale shape the neighborhood more than a shared clubhouse package.
When homes come to market in Morrison Pointe North, they tend to be substantial waterfront properties on oversized parcels. Recent and past offerings span from roughly 1.4-acre improved home sites to waterfront tracts of 25.8 acres, with an average lot size just over 12.6 acres in the community record. The current listing sets the tone with a 7,934-square-foot home on 10.9 waterfront acres, a covered dock, pool, pool house, golf simulator, and a five-car garage. A prior Morrison Farm Road sale pushed even farther, pairing more than 8,500 square feet with 25-plus acres, a walkout basement, saltwater pool, covered patio, and three-car garage.
The built homes marketed here also skew custom in both layout and finish. Gourmet kitchens, bonus or flex rooms, heated-floor primary baths, screened or covered porches, and large garage footprints recur in the subdivision. Walkout basements appear often enough to be part of the neighborhood pattern, and dock access remains one of the clearest value drivers, whether attached to finished estates or undeveloped shoreline parcels.
Morrison Pointe North is shaped more by private-property amenities than by shared neighborhood facilities. Several addresses emphasize covered docks, pier permits, shoreline frontage, wooded privacy, and room to add or enjoy outdoor entertaining features. No-HOA positioning is part of the appeal on estate-lot offerings, giving the community a more independent waterfront character than many amenity-heavy Lake Norman neighborhoods.
That character carries through in the streetscape. Morrison Farm Road emerges as the core stretch, with most closed sales and the strongest pricing, reflecting the concentration of larger waterfront acreage and custom estate-style opportunities along that corridor.
The subdivision sits on the Troutman side of Lake Norman, keeping Troutman and Statesville close for shopping, dining, and everyday services. The neighborhood is served by Troutman Elementary, Troutman Middle, and South Iredell High. This is not a walk-to-retail setting; Morrison Pointe North trades on a retreat-like shoreline setting with room for docks, porches, garages, and long water views.
On the north end of Lake Norman, Morrison Pointe North stands out for waterfront acreage, dock-oriented frontage, and a custom-home profile that is uncommon in more tightly divided lake communities.
Palmetto Park Realty Team · Troutman
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4 recently sold in Morrison Pointe North, Troutman
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | Jun 9 2023 | $650,000 | 85 | 3,996 sq ft | 92.9% | $163 |
| | Jan 26 2022 | $635,000 | 644 | — | 100.0% | — |
| | Jul 23 2021 | $275,000 | 786 | — | 100.0% | — |
| | Aug 21 2020 | $2,625,000 | 185 | 8,579 sq ft | 93.8% | $306 |
Closed sales from MLS history for Morrison Pointe North, Troutman
Below trend-line threshold — city median shown for context
The Morrison Pointe North real estate market shows buyer's market conditions. Homes typically sell within 414 days. With 2 active listings and 0 homes sold in the past year, buyers have more negotiating power and time to decide.
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