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$750,000
3 Beds
1 Bath1 full bath
1,025sqft
116 Lipe Rd, Troutman, NC 28166
$750,000
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Single Family Residence
Built in 1924
$-- HOA
5.9 acres lot
$732/sq.ft
Description
This rare 5.9-acre property is the kind of opportunity that smart investors look for but seldom find. Perfectly positioned just 1 mile from I-77 and less than 15 minutes from Lake Norman State Park, this location combines strong rental demand with long-term development flexibility. Two existing income-producing homes—116 & 128 Lipe Rd—will convey at closing, allowing the next owner to begin collecting rental income immediately. With well and septic already in place and the majority of the acreage cleared, the site offers the ideal foundation for expanding with additional units or holding for future commercial use.
The property’s Neighborhood Business (NB) zoning is a k...
- Houzeo last checked: 32 Minutes ago
- Listing updated: October 16, 2025 at 5:50 pm
- Listing Provided by: Kristin Hildebrand (704) 682-3686 | RE/MAX Properties Plus, Inc. (704) 871-9882
- Source: Canopy MLS | MLS#: 4296395
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1924
HOA Fees
-
Finished Area
1,025 sqft
Lot Size
5.9 acres lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4296395
MLS Status
Active
Days on Market
101
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