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1/23
$7,500,000 -$2,000,000 (-21.05%) Price Reduced
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1/23
Property Description
HOBBS CREEK RESERVE !!! This is a 36 lot Subdivision with minimum lot size of .60 acres. Some lots will be close to 1 + acre. This will be a very exclusive Gated Community with no City Taxes and Mooresville School District as a bonus. The roads are already installed, and road base is being installed now. Lots are getting perc tested in the next 2 weeks and final surveying will be done also. We have additional 25 acres for phase 2 & 3 coming next. We are installing 21 brick columns with Black wrought iron fencing with two 14 ft drive through gates. We prefer to sell to one builder but will sell multiple lots or individual lots if needed. The community will be completed in the next few months max. This will be a HOA community with restrictions on house design and Sf Min. Soil reports show 17 four bedrooms and 17 three bedroom homes. Lot sizes vary
Full Property Details
Full Property Details for 228 Fern Hill Rd
General
- Price: $7,500,000
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4311902
- Updated: 2/24/2026
- Added to Site: 137 day(s) ago
Location
- County: Iredell
School Information
- Elementary School: Lakeshore
- Middle School: Lakeshore
- High School: Lake Norman
Utilities
- Sewer: Septic Needed
- Water: Well Needed
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: RA
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Restrictions
- Property ID: 4649-44-0247.000 +
- Lot Number: 3080/830 3080/1877
Listed by Lake Realty
Get Pre-Approved Today
Schools
Schools serving 228 Fern Hill Rd
School District:Iredell-Statesville Schools
| Name | Grades | Distance |
|---|---|---|
Lakeshore Elementary School 252 Lakeshore School Road, Mooresville, NC 28117 | K-5 | 2.6 mi |
Lakeshore Middle School 244 Lakeshore School Road, Mooresville, NC 28117 | 6-8 | 2.6 mi |
Lake Norman High School 186 Doolie Road, Mooresville, NC 28117 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 228 Fern Hill Rd
Date
Details
Price
Change
Source
2/24/2026
Price Reduced
$7,500,000
-21.05%
MLS
10/10/2025
Listed
$9,500,000
2011.11%
MLS
8/13/2024
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 228 Fern Hill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$448
—
$65,760
—
2024
$448
—
$65,760
—
2023
$448
20%
$65,760
32%
2022
$372
1%
$49,780
—
2021
$368
2%
$49,780
-4%
2017
$362
—
$51,940
—
2016
$362
—
$51,940
—
2015
$362
3%
$51,940
4%
2019
$353
-4%
$49,780
-12%
2013
$367
—
$56,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 228 Fern Hill Rd
228 Fern Hill Road, Troutman, NC 28166 (MLS# 4311902) is a Lots/Land property with a lot size of acres. 228 Fern Hill Road is currently listed for $7,500,000 and was received on October 10, 2025. Want to learn more about 228 Fern Hill Road? Do you have questions about finding other Lots/Land real estate for sale in Troutman? You can browse all Troutman real estate or contact a Coldwell Banker agent to request more information.

