119 Port Bow Drive, Troutman NC

  • 4 Bed
  • 4 Bath
  • 1319 ft2
  • 0.3 ac

For Sale $485,000

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Remarks:

RARE CORPORATE RENTAL & INVESTMENT OPPORTUNITY | FALLS COVE 119 Port Bow Drive is a rare opportunity to acquire one of a limited number of rental-approved homes in Falls Cove, with an established three-year history of renters. This property is ideally suited for corporate housing, executive rental, or long-term investment use in the Lake Norman Market. Its proven rental history provides investors with actual operating experience rather than simply projected rental potential. Recent improvements include new carpeting, fresh interior paint, irrigation, landscaping, fencing, exterior lighting, updated blinds, and a newer refrigerator, reducing near-term capital requirements. Conveniently located near Lake Norman, Charlotte, Mooresville, major employment centers, shopping, dining, and transportation. Limited rental inventory, established rental history, corporate-housing potential, and recent improvements make this a compelling residential investment asset. Offered at $485,000

General Information:

List Price: $485,000
Status: For Sale
Bedrooms: 4
Type: Single Family Residence
Approx Sq. Ft.: 1319 sqft
Parking: Attached Garage
MLS Number: CAR4394487
Subdivision: Falls Cove at Lake Norman
Bathrooms: 4
Year Built: 2021
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Troutman
Middle: Troutman
High: South Iredell

Price & Sales History

Date Event Price $/SQFT
08-18-2026 Price Increase $485,000+4.32% $368
08-13-2026 Price Decrease $464,900-0.87% $353
07-12-2026 Price Decrease $469,000-2.09% $356
06-27-2026 Listed $479,000 $364
01-17-2026 Under Contract $447,999 $340
12-02-2025 Price Decrease $447,999-0.44% $340
11-04-2025 Price Decrease $450,000-3.23% $342
08-24-2025 Listed $465,000 $353

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Troutman Elementary School 2 miles PK-05 5
Shepherd Elementary School 4 miles PK-05 8
Lakeshore Elementary School 5 miles PK-05 8
Third Creek Elementary School 5 miles PK-05 2
Success Charter School 6 miles KG-06 1
Lake Norman Elementary School 7 miles PK-05 9

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
119 Port Bow Drive, Troutman NC 0 mi $485,000 days
149 Rooster Tail Lane, Troutman NC 0.1 mi $450,000 days
129 Slip Shot Lane, Troutman NC 0.1 mi $375,000 days
115 Outrigger Lane, Troutman NC 0.2 mi $477,790 days
190 Tackle Box Drive, Troutman NC 0.2 mi $465,000 days
192 Tackle Box Drive, Troutman NC 0.2 mi $450,000 days
1 to 6 of 87 Result

Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

    * Expand Calculator (incl. monthly expenses)

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28166

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    Transportation to Work

    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By Beycome Brokerage Realty LLC

    119 Port Bow Drive, Troutman NC is a 1319 ft2 on a 0.320 acres Appraisal lot. This is for $485,000. This has 4 bedrooms, 4 baths, and was built in 2021.

    Based on information submitted to the MLS GRID as of 2026-06-27 10:30:21 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.