- Overview
- Description
- Property Details
- Location
- Getting Around
Deal Alert? 
Street View
$699,900
-- Bed
-- Bath
5.9acres lot
116 Lipe Rd, Troutman, NC 28166
$699,900
Get Pre-Approved
Land
Built in -
$-- HOA
5.9 acres lot
$118,627/acre
Description
This 5.9-acre investment opportunity checks every box for investors seeking immediate cash flow and long-term upside. Located just 1 mile from I-77 and under 15 minutes to Lake Norman State Park, this property sits in a high-demand rental corridor with strong tenant appeal and future commercial growth potential.
Two income-producing homes—116 & 128 Lipe Rd—convey at closing, providing day-one rental income and reducing your holding costs from the start. Both homes do need some TLC, presenting a value-add opportunity for investors to renovate, increase rents, and build additional equity. Existing well and septic systems are already in place, and the mostly cleared acreage...
- Houzeo last checked: 6 minutes ago
- Listing updated: April 30, 2026 at 6:47 pm
- Listing Provided by: Kristin Hildebrand (704) 682-3686 | RE/MAX Properties Plus, Inc. (704) 871-9882
- Source: Canopy MLS | MLS#: 4376614
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
5.9 acres lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4376614
MLS Status
Active
Days on Market
118
Love this home?
Here's 4 things you can do
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
