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(704) 780-6202

116 Lipe Rd, Troutman, NC 28166

$650,000

Ranch style home with mature trees and a large yard at 116 Lipe Rd, Troutman, NC 28166
  • Bedrooms

    3

  • Baths

    1

  • Sq. Feet

    1025

  • Year Built

    1924

  • Days On Market

    499

  • $/SqFt

    $634

7 Photos

  • Ranch style home with mature trees and a large yard at 116 Lipe Rd, Troutman, NC 28166
  • Mobile home on a spacious lot with a large yard at 116 Lipe Rd, Troutman, NC 28166
  • Single wide mobile home with a deck and large yard at 116 Lipe Rd, Troutman, NC 28166
  • Large lot with lush green grass and mature trees at 116 Lipe Rd, Troutman, NC 28166
  • Small home on a lot with a road and mature trees at 116 Lipe Rd, Troutman, NC 28166
  • Ranch style home with mature trees and a large yard at 116 Lipe Rd, Troutman, NC 28166
  • Aerial view of several mobile homes near a road at 116 Lipe Rd, Troutman, NC 28166
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Home Description

This is a great investment property right in Troutman. With this much level land, buildings, and 3 older homes on this property. You could purchase it as an investment property and rent the homes or great for a developer. The 3 homes are currently rented. There are 3 wells and septics on the property already. The value of this property is in the land only. The homes have not been kept updated or remodeled. Again value is in the location and the land. There is road frontage on Flower House Loop and on Lipe Rd. This is a great investment property. Only a minute or two from shopping, and restaurants, and close to Lowes and I-77. This property land use can be Medium Density Residential. For residential subdivision, minimum lot size is 25,000 sq. ft. per dwelling (.57ac).

  • Fireplace: No
  • Laundry Location: Laundry Room
  • Appliances: Electric Oven
  • Full Baths: 1
  • 1/2 Baths: 0
  • HVAC: Heat Pump
  • Water: Well
  • Sewer: Septic Installed
  • Type: Single Family Residence
  • Construction Materials: Aluminum,Vinyl
  • Lot Size Acres: 5.9000
  • Parking: Driveway
  • Driveway: Dirt

Available now at $650,000

Room Locations

Bathroom-FullMain
Primary BedroomMain
  • Property Type: Single Family
  • New Construction: No
  • Foundation: Crawl Space
  • List Status: Active
  • : candy.mccarty@allentate.com

Neighborhood

The average asking price of a 3 bedroom Troutman home in this zip code is $430,287 (33.8% less than this home).

This home is priced at $634/sqft, which is 63.8% less than similar homes in the 28166 zip code.

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School Information

  • Elementary:Unspecified
  • Junior High:Unspecified
  • High School:Unspecified

Financial

  • Approx Payment:$3,162*

Area Stats

These statistics are updated daily from the Canopy MLS. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (704) 780-6202 and speak with one of our real estate consultants.

Listing Courtesy of Allen Tate Mooresville/Lake Norman. For information or to schedule a viewing of this property (MLS# 4051007), call: 704-780-6202

116 Lipe Rd, Troutman NC is a single family home of 1025 sqft and is currently priced at $650,000 . This single family home has 3 bedrooms. A comparable home for sale at 127 Saidin Ln in Troutman is listed at $532,125. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Troutman, NC. Sunset Bay, Tremount and Quail Hollow are nearby neighborhoods. MLS 4051007 has been posted on this site since 7/20/2023 (today).

Listings courtesy of Canopy MLS as distributed by MLS GRID.

The data relating to real estate for sale on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. Based on information submitted to the MLS GRID as of 11/29/2024 11:40:16 AM. 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.

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