A nearly 200 acre lake-front development is underway in Troutman in response to what the developers feel is a high demand for more reasonably priced waterfront lots.
River Rock is located near Walnut Tree Rd and Lookout Shoals Dam Rd. The 160-home development has lot sizes starting at one acre and has a layout plan that focuses on a rural feel. Waterfront lots start at $179,000. Roadwork has already begun and construction should start within six months.
This development follows on the heels of the establishment of the River Oaks development, a master planned residential community with both golf-focused and waterfront-focused areas, also on the northern end of the lake.
Of course, as people move into the west Iredell and eastern Catawba county areas, retail and office spaces are sure to follow, so expect commercial real estate growth in the area soon.
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