
1488 Watermill Road, Morganton, NC 28655
None · Burke County
Key Facts
Description
Welcome to a place you’ll truly enjoy calling home, and it is priced below the appraised value!! This notably well-cared-for home is perfectly set on a little over 1-acre, providing the rare blend of privacy, room to grow, and effortless comfort. The spacious lot gives you plenty of outdoor options—whether you want a peaceful retreat, a gardening paradise, or space for gatherings with family and friends. Step inside to find a very clean and inviting space, with thoughtful updates and plenty of room to relax or gather with friends. You’ll enjoy entertaining in the large living room or cooking in the spacious kitchen. There are plenty of rooms and closet space, but if you’re in the need for another room, there is an additional room that could be used for a home office and it is part of the attached double garage. And for added peace of mind and accessibility, the home features a long ramp leading to the front porch. Plus, the original stairs are still in place so the ramp could be removed if needed. Outdoors, the amenities are just as impressive. Picture yourself unwinding in your very own gazebo—perfect for reading a book, enjoying a cup of coffee, or sharing laughter with guests. If you have a green thumb or hope to develop one, you’ll love the unique greenhouse that makes it easy to nurture flowers, vegetables, or herbs all year-round. The property is also equipped with a massive 4,000-gallon underground water tank, giving you a reliable and efficient way to keep your garden and grounds lush and green no matter the season. The tank is connected to the home’s gutter system, and for another bonus, there are several yard hydrants spread out on the property. This property is ideal for anyone wanting a calm and welcoming place to call their own. Location is another prime feature of this home. It is just minutes from schools, grocery stores, parks, and playgrounds. The home is just 7 minutes from Historic Downtown Morganton where you’ll find an array of restaurants, shops, pubs, and professional services. Travel 10 minutes in the other direction and you’ll arrive at beautiful Lake James. Lake James covers almost 11 Sq. Miles with 150 miles of shoreline. It is a major recreation destination for boating, hiking, camping, and fishing. Burke Co. has been coined “Nature’s Playground” because of the State Parks/Trails & the thousands of acres of the Pisgah National Forest. This home is in a key location to access all the adventures the area has to offer. Don’t miss the chance to make this special home yours! Reach out to us to learn more or to schedule a private tour, and experience all it has to offer!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
2001
Living Area
1,382 sq ft
Lot Dimensions
208.72x178.72x208.72x266
Garage Spaces
2
Zoning
R-2
Days on Market
70
MLS® Listing#
4379611
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Lot Features
Roof
Security
Other Structures
Sewer
Water Source
Schools
- Elementary:
- Oak Hill
- Middle:
- Table Rock
- High:
- Freedom
Financial Details
HOA
None
Assessed Value
$151,761
Parcel Number
1784051403
Directions
From Hwy. 181, turn at Oak Hill Elementary School on to Watermill Road. The home is .9 miles on the right. From Independence Blvd., turn onto Hwy. 126 at Freedom High School. Travel 3.3 miles and turn right at Table Rock Middle School on to Watermill Rd. In .9 miles, the home will be on the left.
Affordability Calculator
$49,800
Estimated monthly payment
$1,325/mo
Principal $199,200 · Est. interest $277,902 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Morganton, NC
- $347,059
- Median Listing Price
- 75
- Median Days on Market
- 1,597
- Median Sq Ft
- $201
- Median Price / Sq Ft
- 186
- Active Listings
- This home’s price is 28% below the area median.
- Its price per sq ft is 10% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Morganton, NC.
Location
Points of Interest in Morganton, NC
Showing the Morganton area map.
Nearby Schools
Oak Hill Elementary School
Elementary · 0.8 mi away
Table Rock Middle School
Secondary · 0.9 mi away
Freedom High School
Secondary · 2.9 mi away
Glen Alpine Elementary School
Elementary · 3.1 mi away
Wa Young Elementary School
Elementary · 3.3 mi away
Mountain View Elementary School
Elementary · 3.6 mi away
North Morganton United Methodist Church
School · 4.1 mi away
Walter Johnson Middle School
Secondary · 4.2 mi away
Forest Hill Elementary School
Elementary · 4.2 mi away
New Dimensions School: A Public Charter School
Elementary · 4.3 mi away
Giggles N' Grins 3 Child Care & Learning Center
School · 4.6 mi away
Morganton Day School
School · 4.7 mi away
Silver Creek Adventist School
School · 4.7 mi away
New Dimensions School
Secondary · 4.9 mi away
North Carolina School for the Deaf
Secondary · 4.9 mi away
Burke County Public School
Secondary · 5.0 mi away
Hillcrest Elementary School
Elementary · 5.1 mi away
Burke Middle College
Secondary School · 5.3 mi away
Salem Elementary School
Elementary · 6.1 mi away
Burke County Public Schools
School · 6.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 106 Lane Street 6, Morganton, NC | $178,000 | 2 | 1 | 710 |
| 4024 Piney Road, Morganton, NC | $179,900 | 4 | 2 | 2,296 |
| 1156 Oak Forest Drive, Morganton, NC | $179,900 | 3 | 1 | 1,100 |
| 608 E Concord Street, Morganton, NC | $189,900 | 3 | 1 | 1,620 |
| 103 Silver Creek Road, Morganton, NC | $193,000 | 2 | 1 | 965 |
| 203 Brentwood Road 61, Morganton, NC | $194,000 | 3 | 1 | 1,008 |
Moving Cost Estimate
EXIT Agents in Morganton
Listing Courtesy: Broadpoint Real Estate Group - joe@broadpointrealestate.com
Last Updated: 2026-05-09
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