# 228 Fern Hill Road, Troutman, NC 28166

> **TL;DR:** land, $7,500,000. Est. $32,500/mo. Listed 234 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,500,000 |
| Lot Size | 2,172,773 sqft (49.88 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 234 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $32,500 |
| **Total** | **$32,500** |

## Nearby Schools

- **Elementary:** Lakeshore
- **Middle:** Lakeshore
- **High:** Lake Norman

## Property Highlights

- 49.88 acre lot

## Description

### Agent 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

## Location

- **Address:** 228 Fern Hill Road, Troutman, NC 28166
- **County:** Iredell
- **Coordinates:** 35.651375, -80.878797
- **Google Maps:** https://www.google.com/maps?q=35.651375,-80.878797

## Listing Agent

- **Name:** Ken Ledbetter
- **Brokerage:** Lake Realty
- **Phone:** 7047753329
- **Email:** ken.lakenorman@gmail.com

## Primary Photo

![228 Fern Hill Road - Primary Photo](http://lh.rdcpix.com/ffb949bd37c6a091c4d088a782376628l-f2351648633r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/228-fern-hill-road-troutman-nc-28166-4311902)*

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**MLS#:** 4311902 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/228-fern-hill-road-troutman-nc-28166-4311902)

---

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  "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 wro",
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