Falls Cove started development in the Lake Norman area around 2006 and is still well in the development phase new homes can be found as well as resale custom homes starting in the $400's. Falls Cove also offers some waterfront properties on Lake Norman. This communities location in Troutman, North Carolina gives it a peaceful feel with still being close enough to nearby Mooresville where residents can find shopping and entertainment. See all the latest Falls Cove Homes for Sale below. LePage Johnson Realty Group is the Troutman Real Estate provider.