116 Waterfall Valley Way

Mooresville, NC
$ 404,090 Beds 4 Baths 3 Sq 2,518
Monthly Estimate* How much can I afford?

The Alec is a featured home at Shepherd's Farm in Mooresville, NC, offering modern elevations and a welcoming, family friendly layout. This gorgeous two story home delivers comfort, style, and plenty of space for everyday living. It includes 4 bedrooms, 3 baths, and a 2 car garage. Designed with an emphasis on open concept living, the main floor brings in natural light and creates an easy flow for gathering and entertaining. At the center of the home is a spacious family room that connects seamlessly to the dining area and large kitchen. The kitchen offers generous counter space, a pantry, and room for casual dining—perfect for cooking, hosting, or simply enjoying time together. The Alec also features a well sized first floor bedroom with access to a full bath, ideal for guests or flexible use. Upstairs, the primary suite provides a peaceful retreat with a large walk in closet and an en suite bathroom. Three additional bedrooms, a loft, a full laundry room, and another bathroom complete the second floor, giving everyone the space they need. With thoughtful design, open living areas, and plenty of room to relax or entertain, the Alec is a wonderful place to call home at Shepherd's Farm.

Single Family

  • Price
  • $ 404,090
  • City
  • Mooresville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • IREDELL
  • Half Bathrooms
  • 0
  • Area
  • Iredell County
  • Lot Size
  • 0.114 Acres
  • Zip
  • 28117
  • Sqr Footage
  • 2,518
  • Year Built
  • 2026
  • Style
  • MLS#
  • 4389675
Listed By: DR Horton Inc; mcwilhelm@drhorton.com
Data Source: Canopy MLS

Features

General

Living Area 2518
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Appliances Dishwasher,Disposal,Electric Water Heater,Gas Range,Ice Maker,Microwave,Refrigerator,Washer/Dryer
Development Status Under Construction
HOA Fee 187.5
Garage Spaces 2
Patio/Porch Features Covered,Front Porch,Patio
Security Features Security System
Construction Materials Brick Partial,Hardboard Siding,Stone
Year Built 2026
Levels Two
Property Subtype Single Family Residence
Parcel Number Lot 176
Community Features Outdoor Pool,Playground,Walking Trails
Assoc Fee Paid Per Quarterly
County Iredell
New Construction Yes
Property Type Residential
HOA Yes
Subdivision Name Shepherds Farm
Garage Y/N Yes
Full Baths 3
Directions (Coming I-77 N) - Take exit 36 and turn right on to HWY 150. Drive straight for 0.9 miles then turn Left on to Talbert Road. Drive straight for 0.6 miles then turn right on to Oates Road. Drive strai
High School South Iredell
City Mooresville
Association Name Cusick
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Shepherd
Middle/Junior High School Lakeshore
Additional Parcels Y/N No
Builder Name D.R. Horton
Standard Status Active
CAR_HOASubjectTo Required
Construction Type Site Built

Interior Features

Interior Amenities Attic Stairs Pulldown
Flooring Vinyl
Fireplace Features Gas
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 2518
Laundry Features Laundry Room,Main Level
Total Bedrooms 4
Total Baths 3
SqFt Main 1086
SqFt Upper 1432
Bedroom 1

Exterior Features

Parking Features Driveway,Attached Garage,Garage Faces Rear
Water Source City
Lot Size Area 0.114
Foundation Details Slab
Road Surface Type Concrete,Paved
Builder Model Alec B3
Road Responsibility Dedicated to Public Use Pending Acceptance
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Shepherd Elementary School
Middle School Lakeshore Middle School
High School South Iredell High School

Price History

6/4/2026 Listed $406,090
9/6/2026 1% - $404,090

Property vs Zip Code Average in 28117

Price
AVG $1.55M
$400K
Year Built
AVG 2006
2026
Visits
AVG 304
476
Data Provided by Inside Real Estate®

116 Waterfall Valley Way Mooresville, NC is a Single Family Home for sale at $404090 with 2518 sqft and a lot size of 0.114 Acres Acre(s). 116 Waterfall Valley Way Mooresville has 4 bedrooms, 3 baths and was built in 2026. The property's zip code is 28117 which is in Mooresville, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.