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119 Port Bow Drive Troutman NC 28166

$469,000.00

Out of stock

119 Port Bow Drive, Troutman 28166, North Carolina- currently available for sale

A Rare Lake Norman Investment Opportunity with Long-Term Value

Welcome to 119 Port Bow Drive in the highly desirable Falls Cove at Lake Norman community—an exceptional residence that offers far more than beautiful architecture. This is one of the few homes in the neighborhood that is grandfathered and approved for long-term rental use, creating an uncommon opportunity for investors seeking a turnkey income-producing property.

Built in 2021 by Lennar, this thoughtfully designed Inlet floor plan offers approximately 2,700 square feet of living space with four bedrooms, three-and-a-half bathrooms, a two-car garage, and an open-concept layout that blends modern style with everyday comfort. The primary suite is conveniently located on the main level, while the second floor features spacious bedrooms, additional bathrooms, and a large loft ideal for a media room, home office, or guest retreat.

The heart of the home is a bright chef’s kitchen featuring quartz countertops, stainless steel appliances, a generous pantry, and an oversized island that flows seamlessly into the great room with its inviting gas fireplace. Quality finishes throughout, including upgraded accents, Hardie Plank siding, and contemporary design elements, make this home as attractive as it is functional.

Outside, you’ll discover an oversized fenced corner homesite with an irrigation system on its own dedicated water meter, providing privacy, convenience, and plenty of room for entertaining, gardening, or simply enjoying North Carolina’s beautiful seasons. The elevated lot creates additional separation from neighboring homes while enhancing curb appeal.

Designed for Investors

What truly distinguishes this property is its investment potential. In a community where rental approvals are extremely limited, this home stands out as one of only a handful of HOA-approved rental properties. Whether you’re expanding a real estate portfolio, seeking dependable long-term rental income, or completing a 1031 tax-deferred exchange, opportunities like this rarely become available. The combination of modern construction, low-maintenance ownership, and HOA-approved rental status creates a compelling investment in one of the fastest-growing regions surrounding Lake Norman.

Exceptional Location

Located just minutes from Lake Norman, residents enjoy quick access to boating, fishing, kayaking, marinas, Lake Norman State Park, shopping, restaurants, and major commuter routes connecting to Mooresville, Statesville, and Charlotte. Troutman continues to attract both homeowners and tenants who appreciate its small-town charm combined with easy access to the Lake Norman lifestyle.

An Opportunity Worth Considering

Whether you are searching for your next primary residence, a future retirement home, or a carefully selected investment property, 119 Port Bow Drive offers a unique combination of quality construction, desirable location, and uncommon rental flexibility that is increasingly difficult to find.

Properties with these characteristics are exceptionally rare. If you have been waiting for a home that combines lifestyle, long-term value, and investment potential, this is an opportunity you won’t want to miss.

MLS#4394487

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  • Connect with the closing attorney or title company