Wallace Springs Homes under $400,000

Welcome to Wallace Springs, a charming subdivision nestled in the heart of Statesville, North Carolina, within the picturesque Iredell County. This vibrant community offers the perfect blend of small-town charm and modern convenience, making it an ideal location for families, professionals, and retirees alike.

Wallace Springs is known for its welcoming atmosphere and beautifully designed homes, many of which are available for under $400,000. This affordability does not compromise quality; instead, it opens the door to a variety of options, from cozy single-family homes to spacious townhouses. Each residence is thoughtfully crafted, featuring contemporary layouts, stylish finishes, and ample outdoor spaces, perfect for enjoying the mild North Carolina weather.

Living in Wallace Springs means you are just a stone's throw away from an array of amenities. Residents can enjoy nearby parks, shopping centers, and dining options that cater to every palate. The community is also conveniently located near major highways, providing easy access to Charlotte and other surrounding areas, making it a great spot for commuters.

Families will appreciate the highly-rated schools within the Iredell-Statesville School District, ensuring a quality education for children of all ages. For those who love the outdoors, the region boasts beautiful lakes and recreational areas, perfect for hiking, fishing, and enjoying nature.

Discover the charm of Wallace Springs, where affordable living meets a vibrant community lifestyle. Come explore your future home in this delightful subdivision today!

Newest Wallace Springs Homes under $400,000

$325,000

3 Beds ⋅ 2 Baths ⋅ 4431831 MLS

Come see 158 Maple Valley Street located in Statesville, North Carolina!! The Aria is one of our ranch plans featured at Wallace Springs in Statesville, North Carolina! Additionally, the Aria is a spacious and modern single-story home designed with open-concept living carefully considered throughout. This home features three bedrooms, two bathrooms, and a two-car garage. An inviting foyer greets you upon entering, which leads directly into the heart of the home. This open plan features a family room, dining room, and kitchen designed with the home cook in mind. The kitchen is equipped with a pantry, stainless steel appliances, and a large island with a breakfast bar, making it perfect for both dining and casual entertaining. The Aria also features a luxurious primary suite, complete with a large walk-in closet and a primary bathroom with dual vanities, Garden tub and spacious shower. The additional two bedrooms and secondary bathroom are located at the opposite end of the home, providing optimal privacy for both you and your guests. In the rear of the home is a covered porch that is perfect for outdoor entertaining. With its thoughtful design, the Aria is the perfect place to call home. Do not miss this opportunity to make the Aria yours at Wallace Springs.

158 Maple Valley Street, Statesville

Listing courtesy of DR Horton Inc. mcwilhelm@drhorton.com

$364,995

4 Beds ⋅ 4 Baths ⋅ 4428519 MLS

Conveniently located just 1.5 miles from downtown Troutman and situated in the desirable Troutman school district, this move-in-ready home offers plenty of space, modern finishes, and thoughtful upgrades. A welcoming foyer leads to a private corner office with double doors and plenty of natural light. The spacious living room features a gas-log fireplace with decorative mantle and opens to the kitchen, which offers lots of cabinet and counter space, a pantry, and center island. With its open layout and easy flow into the living room, the kitchen is an entertainer’s dream—perfect for hosting family and friends. Upstairs, a versatile loft provides additional living space, while three generously sized secondary bedrooms each feature walk-in closets. Two full secondary baths include one with a double-sink vanity. The spacious primary suite features a private bath with a 5-foot shower with glass doors, double vanity, separate water closet, and large walk-in closet. Beautiful finishes include luxury vinyl plank flooring on the main level, wrought-iron stair spindles, and sleek LED lighting. The Smart Home package includes a programmable thermostat, Z-Wave door lock, wireless switch, touchscreen control device, and automation platform. Outside, enjoy the fenced backyard, with plenty of room to spread out, entertain, and enjoy everyday living!

165 Apple Orchard Court, Statesville

Listing courtesy of Keller Williams Unified. ericmaynard@kw.com

107 Meadow View Drive Unit #217, Statesville

$340,000

4 Beds ⋅ 2 Baths ⋅ 4429626 MLS

Built in 2023, this move-in-ready 4-bedroom, 2-bath home offers 1,764 square feet of living space with a fully fenced backyard, expanded outdoor patio, and thoughtful upgrades throughout. The home also includes smart-home features for added everyday convenience. Enjoy a prime location within the neighborhood, just a short walk from the community pool, park, and mailboxes, with two pickleball courts planned as part of the community's next phase. Step inside to an open and inviting main living area where the kitchen, dining, and family spaces come together. The kitchen features stainless steel appliances, a gas range, and walk-in pantry, while a gas fireplace creates a natural focal point in the living room. Accent walls throughout add character and warmth to the home. The spacious primary suite features a walk-in closet and private bath with dual vanities, a garden tub, and separate shower. Throughout all four bedrooms, brand-new STAINMASTER® PetProtect® carpet with waterproof backing was installed in July 2026—an upgrade that adds both comfort and durability. The outdoor space features a fully fenced yard and expanded patio, creating a welcoming setting for relaxing, entertaining, and everyday enjoyment. Located just minutes from downtown Troutman, you'll have convenient access to local restaurants, shopping, and parks while remaining approximately 45 minutes from Uptown Charlotte and Charlotte Douglas International Airport. With modern finishes, completed upgrades, and community amenities just steps away, this home is ready to enjoy from day one—no waiting required!

107 Meadow View Drive Unit #217, Statesville

Listing courtesy of Mossy Oak Properties Land and Luxury. nick@landandluxury.com

$374,500

4 Beds ⋅ 3 Baths ⋅ 4412187 MLS

Only 3 years old and still feels new. The current owners have already added updates so you don't have to. Including a fence, shed, expanded driveway, picture molding and more! Welcome to 108 Giant Oak Ave, a 2023-built home ideally located between Statesville and Troutman! Situated on a desirable corner lot in a welcoming community, this spacious home offers a versatile floor plan with plenty of natural light, room to live, work, and entertain. The main level features a dedicated office, along with a dining room/flex space that can easily adapt to your needs. The spacious living room offers a cozy fireplace and flows seamlessly into the well-appointed kitchen, featuring abundant cabinetry, generous counter space, an eat-in dining area, and a large pantry. A convenient half bath and laundry room completes the main level. Upstairs, you’ll find a versatile loft that makes an ideal playroom, second living area, or additional flex space. Four generously sized bedrooms offer plenty of space and large closets. The spacious primary suite features vaulted ceilings and a comfortable retreat at the end of the day. Outside, enjoy the privacy of a fully fenced backyard with a storage shed for added convenience. The corner lot provides plenty of outdoor space for pets, play, and entertaining. Residents also enjoy access to the community pool and playground. With its newer construction, flexible living spaces, spacious bedrooms, fenced backyard, and convenient location between Statesville and Troutman, this home offers the perfect combination of comfort and functionality. 7/1 ARM available with preferred lender.

108 Giant Oak Avenue, Statesville

Listing courtesy of Call It Closed International Inc. amberismyrealtor1@gmail.com

$339,000

4 Beds ⋅ 3 Baths ⋅ 4406675 MLS

Come see 168 Maple Valley Street located in Statesville, North Carolina!! The Walden is a thoughtfully designed two-story home in Wallace Springs, offering the perfect blend of modern convenience, comfortable living, and flexible space for today's families. Featuring 4 bedrooms, 3 full baths, and a 2-car garage, this inviting floor plan provides room to grow while maintaining a warm and welcoming feel throughout. The main level welcomes you with a charming front porch and spacious foyer that lead into an open-concept living area designed for both everyday living and entertaining. At the heart of the home, the expansive living room flows seamlessly into the dining area and kitchen, creating a bright and connected gathering space. The kitchen features generous counter space, a large center island, ample cabinetry, and a pantry, making meal preparation and hosting effortless. A covered rear porch extends the living space outdoors, providing the perfect spot to relax, dine, or enjoy time with family and friends. A standout feature of the Walden is the first-floor secondary bedroom and full bath, offering the flexibility needed for guests, multi-generational living, a private home office, or a hobby space. Upstairs, the spacious primary suite serves as a private retreat, complete with a large walk-in closet and a well-appointed en-suite bathroom featuring dual vanities and plenty of storage. Two additional secondary bedrooms, another full bath, and a conveniently located laundry room provide comfort and functionality for everyone. An upstairs living area adds valuable flex space that can be used as a media room, playroom, study area, or second family room to fit your lifestyle. With its open-concept design, flexible living spaces, and thoughtful layout across both levels, The Walden delivers exceptional comfort and versatility—making it a wonderful place to call home in Wallace Springs. Pictures are representative.

168 Maple Valley Street, Statesville

Listing courtesy of DR Horton Inc. mcwilhelm@drhorton.com

$348,650

4 Beds ⋅ 3 Baths ⋅ 4406660 MLS

Come see 163 Maple Valley Street located in Statesville, North Carolina!! The Penwell is one of our two-story plans featured at Wallace Springs in Statesville, North Carolina. This gorgeous two-story home with impressive comfort, luxury, and style offers three bedrooms, two and a half bathrooms, and a two-car garage. Upon entering, you are greeted by a foyer that invites you directly into the center of the home. At its heart, you’ll find a spacious family room that blends with the kitchen, creating an expansive and airy feel. The kitchen is well equipped with a walk-in pantry, stainless steel appliances, and a breakfast bar, perfect for cooking and entertaining. A flex room on the first floor can be used as a home office or craft room. The primary suite features a walk-in closet and en-suite bathroom with dual vanities. The additional two bedrooms provide comfort and privacy and have access to a secondary bathroom. The loft offers a flexible space for a media room, playroom, or home gym. The laundry room completes the second floor. With its thoughtful design, spacious layout, and modern conveniences, the Penwell is the perfect new home for you at Wallace Springs. Pictures are representative.

163 Maple Valley Street, Statesville

Listing courtesy of DR Horton Inc. mcwilhelm@drhorton.com

$344,840

4 Beds ⋅ 3 Baths ⋅ 4406641 MLS

Come see 167 Maple Valley Street located in Statesville, North Carolina!! The Manning is a thoughtfully designed two-story home in Wallace Springs, offering the perfect combination of comfort, convenience, and flexible living space. Featuring 4 bedrooms, 2.5 baths, and a 2-car garage, this inviting floor plan is designed to accommodate both everyday living and entertaining with ease. The main level welcomes you with a charming front porch and foyer that open into a spacious, open-concept living area. At the heart of the home, the bright and airy living room flows seamlessly into the dining area and kitchen, creating the ideal setting for gathering with family and friends. The kitchen features generous counter space, a center island, ample cabinetry, and a pantry, making meal preparation both functional and enjoyable. One of the standout features of the Manning is the first-floor primary suite, offering a private retreat conveniently located on the main level. Complete with a spacious walk-in closet and a well-appointed en-suite bathroom, this owner's suite provides comfort and privacy while keeping everything within easy reach. A centrally located laundry room and powder room add to the home's everyday convenience. Upstairs, you'll find three additional bedrooms thoughtfully arranged around a spacious upper-level living area. This versatile space is perfect for a media room, play room, study area, or second family room, providing flexibility to fit your lifestyle. A full bathroom serves the secondary bedrooms, creating a functional layout for family members and guests alike. With its open-concept design, first-floor primary suite, and flexible upstairs living space, The Manning offers the perfect balance of style, functionality, and comfort—making it a wonderful place to call home in Wallace Springs.

167 Maple Valley Street, Statesville

Listing courtesy of DR Horton Inc. mcwilhelm@drhorton.com

$330,790

3 Beds ⋅ 2 Baths ⋅ 4406634 MLS

Come see 169 Maple Valley Street located in Statesville, North Carolina!! The Aria is one of our ranch plans featured at Wallace Springs in Statesville, North Carolina! Additionally, the Aria is a spacious and modern single-story home designed with open-concept living carefully considered throughout. This home features three bedrooms, two bathrooms, and a two-car garage. An inviting foyer greets you upon entering, which leads directly into the heart of the home. This open plan features a family room, dining room, and kitchen designed with the home cook in mind. The kitchen is equipped with a pantry, stainless steel appliances, and a large island with a breakfast bar, making it perfect for both dining and casual entertaining. The Aria also features a luxurious primary suite, complete with a large walk-in closet and a primary bathroom with dual vanities, Garden tub and spacious shower. The additional two bedrooms and secondary bathroom are located at the opposite end of the home, providing optimal privacy for both you and your guests. In the rear of the home is a covered porch that is perfect for outdoor entertaining. With its thoughtful design, the Aria is the perfect place to call home. Do not miss this opportunity to make the Aria yours at Wallace Springs.

169 Maple Valley Street, Statesville

Listing courtesy of DR Horton Inc. mcwilhelm@drhorton.com

$395,590

5 Beds ⋅ 3 Baths ⋅ 4406465 MLS

Come see 131 Maple Valley Street located in Statesville, North Carolina!! The Hayden is one of our two-story plans featured at Wallace Springs in Statesville, North Carolina. This spacious and modern two-story home features five bedrooms, three bathrooms, and a two-car garage. Upon entering the home, you’ll be greeted by an inviting foyer leading into the center of the home with a connecting home office off to the side. This open-concept space features a large living room, dining area, and functional kitchen. The kitchen is equipped with a walk-in pantry, stainless steel appliances, and center island with a breakfast bar. Also located on the first floor off the living room is a convenient guest bedroom and full bathroom. The second floor of the Hayden features a spacious primary suite, complete with a walk-in closet and full bathroom with dual vanities. The additional three bedrooms on this floor share a third full bathroom. There is also an upstairs loft space perfect for family entertainment, gaming, or a cozy reading area. With its luxurious design and versatility, the Hayden is the perfect place to call home. Pictures are representative.

131 Maple Valley Street, Statesville

Listing courtesy of DR Horton Inc. mcwilhelm@drhorton.com

$375,000

4 Beds ⋅ 3 Baths ⋅ 4401965 MLS

Nearly new and already upgraded, this spacious Wallace Springs home offers the convenience of newer construction with thoughtful improvements already in place. A fenced backyard, upgraded lighting, refrigerator, gas range and fireplace mean some of the projects and purchases that often come after closing have already been handled. Inside, the flexible floor plan gives you room to live, work and gather. A dedicated office with French doors creates a true work-from-home space, while the separate dining room gives you options for entertaining, homework or additional flex space. The open kitchen and living area are designed for everyday life, with the fireplace adding warmth and character to the main gathering space. Upstairs, the spacious primary suite is joined by three additional bedrooms and a large loft, creating valuable second living space without sacrificing a bedroom. Outside, the fenced backyard is ready to enjoy from day one. Wallace Springs offers neighborhood amenities including a community pool, playground and walking areas, with convenient access to Statesville, Troutman, Mooresville and I-77. Built in 2024 and offered at $375,000, 170 Giant Oak Avenue delivers the space and newer-home feel buyers are looking for, with many of the finishing touches already complete.

170 Giant Oak Avenue, Statesville

Listing courtesy of Keller Williams Unified. bjuengst@kw.com

$344,900

5 Beds ⋅ 3 Baths ⋅ 4401619 MLS

**Move-in ready smart home** Built in 2023 and beautifully maintained, this thoughtfully designed home combines modern technology, stylish finishes, and exceptional functionality. Enjoy the convenience of controlling the lights, door locks, and even the washer and dryer directly from your smartphone, whether you're at home or away. Step inside to a wide, welcoming foyer that opens to an expansive kitchen and family room designed for everyday living and effortless entertaining. The chef-inspired kitchen features a large center island with bar seating, shaker-style cabinetry, granite countertops, a stainless steel gas range appliance package, and a spacious corner pantry. Best of all, the refrigerator, washer, and dryer all convey, making this home truly turnkey. The inviting family room is centered around a cozy gas fireplace and overlooks the fully fenced backyard—perfect for pets, gardening, or hosting family and friends. A highly desirable main-level guest bedroom and full bath provide the ideal space for visitors, multigenerational living, or a private home office. Upstairs, retreat to the spacious primary suite featuring a spa-like bath with a 5-foot glass-enclosed shower, relaxing garden tub, dual vanity, private water closet, and an oversized walk-in closet. Three additional bedrooms, a versatile loft, a hall bath with double sinks, and a conveniently located upstairs laundry room provide plenty of space for everyone. Additional upgrades include luxury vinyl plank flooring throughout the main level, 2-inch faux wood blinds, energy-efficient LED lighting throughout, and integrated smart home technology for today's lifestyle. Located just minutes from downtown Troutman's restaurants, shopping, parks, and major commuter routes, this home offers the perfect combination of modern convenience, comfort, and style. All that's left to do is move in and enjoy!

110 Meadow View Drive, Statesville

Listing courtesy of EXP Realty LLC. CarolineMontgomeryRealtor@gmail.com

$329,000

4 Beds ⋅ 2 Baths ⋅ 4400875 MLS

The Cali is one of our ranch style plans featured at Wallace Springs in Statesville, North Carolina, offering 2 elevations. The Cali’s spacious and modern single-story home design is popular for its open-concept style for living. This home features four bedrooms, two bathrooms, and a two-car garage. The inviting foyer leading directly into the heart of the home greets you upon entering. directly into the heart of the home. This open plan features a family room, dining room, and thoughtfully designed kitchen, equipped with stainless steel appliances, a large island with a breakfast bar, and a corner walk-in pantry, making it perfectly suited for both cooking and entertaining guests. The Cali also features a luxurious primary suite, complete with a walk-in closet, primary bathroom with dual vanities, Garden tub, and spacious shower. The additional three bedrooms and secondary bathroom are located at the opposite end of the home, providing optimal privacy for both you and your guests. In the rear of the home is a covered porch that is ideal for entertaining guests outdoor. The Cali is the perfect place to call home, do not miss this opportunity to make the Cali yours at Wallace Springs.

109 Old Home Road, Statesville

Listing courtesy of DR Horton Inc. mcwilhelm@drhorton.com

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“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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Listings courtesy of Spartanburg Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.