787 Morrison Farm Road, Troutman, NC

Modern waterfront architecture on Lake Norman often demands a compromise between privacy and proximity, yet this custom 2022 residence in Troutman balances both. Situated near the expanse of Lake Norman State Park, the three-bedroom, three-bathroom home prioritizes a seamless connection to the water through a screened terrace and a private dock. The 1,810-square-foot interior reflects a disciplined approach to contemporary luxury, featuring an induction-equipped kitchen and granite surfaces designed for high-functioning utility. Within the current Lake Norman submarket, inventory that offers direct deep-water access without the oversight of a homeowners association remains an increasingly rare commodity, providing owners with significant autonomy over the property’s usage. Currently utilized as a high-performing short-term hold, the estate serves equally well as a primary residence or a turn-key recreational retreat for the discerning collector of lakefront assets. Private viewings and detailed investment performance data may be coordinated through Peters & Associates.

About the home

STUNNING CUSTOM-BUILT WATERFRONT HOME WITH PRIVATE DOCK – NO HOA! This immaculate custom home offers the perfect blend of modern luxury and peaceful lakefront living. Located just minutes from Lake Norman State Park, this 3-bedroom retreat is nestled in a quiet, serene setting with breathtaking water views and direct lake access via your own private dock. The open-concept kitchen is a chef’s dream, featuring a large island, granite countertops, induction cooktop, double ovens, and stylish finishes throughout. The spacious living area flows seamlessly to a screened-in porch—ideal for relaxing or entertaining while taking in the beautiful lake views. Enjoy evenings by the firepit, mornings on the dock, and the low-maintenance ease of an inground irrigation system. With no HOA restrictions, you’ll have the freedom to use the property however you choose. Currently used as a short-term rental with strong income performance. This home is an excellent opportunity for those seeking a full-time residence, weekend retreat or investment opportunity.

Price in context

• Asking $773 per square foot.
• That is 87% above the $413 median across 18 active $1.5M+ homes in Troutman.
• 14th highest asking price of 18 active $1.5M+ homes in Troutman.
• 13th largest by living area of the 13 with a recorded size.
• No price changes since it was listed.
• 27 days on the market, listed 2026-09-09.
• County tax assessment $881,230; the asking price is 1.59× the assessed value.

Location

Neighborhood: Morrison Point, Iredell County, ZIP 28166.

Straight-line distances

• Uptown Charlotte: 28.4 mi
• Charlotte Douglas International Airport: 29.0 mi
• Wilson Air Center (private aviation, CLT): 29.4 mi
• Charlotte Country Club: 29.8 mi
• SouthPark Mall: 33.6 mi
• Quail Hollow Club: 36.5 mi

Features

Levels

One

Construction

Hardboard Siding, Stone Veneer

Roof

Architectural Shingle

Bathrooms

2 full, 1 half

Interior

Drop Zone, Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s), Walk-In Pantry

Flooring

Tile, Vinyl

Kitchen & appliances

Dishwasher, Disposal, Double Oven, Electric Water Heater, Exhaust Hood, Induction Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Wall Oven

Heating

Electric, Heat Pump

Cooling

Ceiling Fan(s), Central Air

Garage

2 spaces

Parking

Driveway, Attached Garage, Garage Door Opener, Keypad Entry

Exterior

Fire Pit, Dock - Floating, In-Ground Irrigation

Waterfront

Dock, Pier

View

Water

Lot

Views, Waterfront

Community

Lake Access

County

Iredell

Comparable homes on the market

• 185 Willow Point Road, Troutman — $1,800,000, 3 bd, 3,584 sq ft, 0.4 mi away
• 105 Quail Lane, Mooresville — $1,699,999, 3 bd, 5,515 sq ft, 0.6 mi away
• 151 Bridlewood Drive, Mooresville — $3,600,000, 3 bd, 3,364 sq ft, 0.6 mi away
• 1168 Fern Hill Road, Mooresville — $3,600,000, 0.6 mi away
• 1168 Fern Hill Road, Mooresville — $6,368,780, 4 bd, 4,640 sq ft, 0.6 mi away
• 148 Windwood Lane, Troutman — $1,300,000, 3 bd, 5,201 sq ft, 0.6 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.