316 Drexel Rd, Morganton, NC 28655
Property image
Property image
FOR SALE
3D VIEW
5.84 ACRES

$314,900

  • 2 Beds
  • 1 Bath
  • 1,428 sqft (on 5.84 acres)

316 Drexel Rd, Morganton, NC 28655

Est. Mortgage $1,882/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 1947
5.84 acre lot
$221/sqft
Open Parking

Local Information

  • Map ViewExplore the area around 316 Drexel Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Step back in time with this charming 2-bedroom, 1-bath brick ranch nestled on 5.84 acres! Full of character and charm, this home features original hardwood floors in the bedrooms and living room, along with a retro kitchen that is wonderfully appropriate to the home's era.

The inviting den offers a cozy fireplace with a wood-burning insert—perfect for relaxing on cool evenings. A spacious laundry room provides plenty of room to create a convenient mudroom, while the generously sized bedrooms and hall bath offer comfortable everyday living.

Outside, you'll find an attached double carport, and an abundance of acreage offering endless possibilities. Build additional homes, create a garden, bring animals, or simply enjoy the privacy and space that 5.84 acres provides.

Conveniently located just minutes from downtown Morganton, I-40, the hospital, shopping, and restaurants, this property offers the perfect combination of country space and in-town convenience. A rare opportunity to own a charming home with room to grow and make it your own! Priced at $314,900
Last check for updates: about 17 hours ago
Listing Provided by: Sandra Walker
RE/MAX Southern Lifestyles
Source: Canopy MLS as distributed by MLS GRID, MLS#4414904
Also Listed on Canopy MLS as distributed by MLS GRID.

Home Details for 316 Drexel Rd

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Interior Entry,Partial,Storage Space,Sump Pump,Walk-Up AccessNumber of Rooms: 8Types of Rooms: Bedroom S, Bathroom Full, Den, Dining Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1428 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity ConnectedAppliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/DryerDishwasherLaundry: Inside,Main Level,SinkMicrowaveRefrigerator
Heating & Cooling
Heating: Electric,Floor Furnace,Forced Air,Heat Pump,Oil,Wood StoveHas CoolingAir Conditioning: Attic Fan,Ceiling Fan(s),Electric,Heat PumpHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Den, Insert, Wood Burning
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Insulated Windows, Storm Window(s), Window TreatmentsDoor: Insulated Door(s), Screen Door(s), Sliding DoorsFlooring: Laminate, Linoleum, Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Laminate, Linoleum, Wood
View
No View
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Covered, Deck, Front Porch, Patio
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached Carport,Driveway
Frontage
Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Concrete, Paved
Water & Sewer
Sewer: Septic Installed
Surface & Elevation
Elevation Units: Feet
Finished Area
Finished Area (above surface): 1428 Square Feet

Days on Market

Cumulative Days on Market: 189Days on Market: 30

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Brick Full, Vinyl, WoodNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 2712681266

Price & Status

Price
List Price: $314,900Price Per Sqft: $221

Media

Location

Direction & Address
City: MorgantonCommunity: None
School Information
Elementary School: MullJr High / Middle School: LibertyHigh School: Patton

Agent Information

Listing Agent
Listing ID: 4414904

Building

Building Area
Building Area: 1428 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 5.84 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA

Miscellaneous

BasementMls Number: 4414904Attic: Pull Down StairsAttribution Contact: sdwalker63@gmail.comAbove Grade Unfinished Area: 1428

Around this home

What Locals Say about Morganton

At least 149 Trulia users voted on each feature.

  • 84 % Say parking is easy

  • 81 % Say yards are well-kept

  • 80 % Say car is needed

  • 72 % Say it's dog friendly

  • 67 % Say there's holiday spirit

  • 58 % Say they plan to stay for at least 5 years

  • 58 % Say it's quiet

  • 58 % Say kids play outside

  • 52 % Say people would walk alone at night

  • 51 % Say there's wildlife

  • 49 % Say neighbors are friendly

  • 49 % Say streets are well-lit

  • 34 % Say it's walkable to restaurants

  • 33 % Say there are sidewalks

  • 32 % Say it's walkable to grocery stores

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ashleyjay1125
    "Morganton is small but it’s quite not a lot of crime, with a country like setting most anywhere you live. "
    0
    Flag
  • Schafincow13
    "Great friendly people . Always something to do down town. Live bands you can hear from the house. Breweries near by. Movie theatre. Down town Morganton does trick r treating and also the churches do trunk r treating. We have an actual witch that lives near by. There are dog parks that you can take your fury friend to. Several festivals near by. Firework display in parks and other town close by."
    0
    Flag
  • Prkrrp
    "We have lots of festivals throughout the year. Our town has several parades to celebrate different holidays. We several parks in the community that support local sports and out door activities. Lake James is also close by. Lake James is good for fishing, swimming and boating. "
    0
    Flag
  • Lisa B.
    "lots of dogs in the neighborhood. people clean up after pets. leashes used. it's a dog friendly community. "
    0
    Flag
  • Kellyrae0928
    "There is Tons of trails to walk, dog parks and greenway tracks! Most businesses are also dog friendly."
    1
    Flag
  • Bananasrock84
    "I feel very safe in my neighborhood. The neighbors are very friendly and helpful. I've never had to worry about my mail or packages going missing."
    0
    Flag
  • Shelly S.
    "We have a good community, low crime rate and genuinely nice friendly people. I know all of my neighbors, and we all try to lend a helping hand when needed. We may not live in Mayberry but we have a small town feel. "
    0
    Flag
  • Brandi N. P.
    "I live in Morganton in the Parkview Apartments and it is wonderful. Upkeep is always done in a timely manor, I feel safe at home. Really quiet neighborhood, walking distance to Bethel Park. Clean. Nice neighbors that become friends, we love it!"
    5
    Flag
  • Trulia User
    "I have lived in Morganton all of my life. It is a great place to live with lots of Southern charm. Small town environment meets the rural South."
    0
    Flag
  • Ryanpatrickpage
    "Great people! No crime in my neighborhood. Park nearby with dog park. Plenty of places to grocery shop."
    0
    Flag
  • Sleepinbeauty305
    "I dont have kids so I have no idea. So sorry. It is how ever a good neighborhood and neighbors are friendly."
    0
    Flag
  • Sherry.young
    "Friday night Concerts on the square in downtown Morganton. Cute shops, restaurants and parks close by too. "
    0
    Flag
  • kevinsimpsondc
    "I own a downtown condo with my wife. We both grew up in Morganton, both love it and both hope to retire and move back to Morganton! It's a great place to raise a family and offers many options for how the parents want to raise their children. Overall, you will get from it what you put into it..."
    6
    Flag
  • Dameronlyon
    "It's quiet peacefull,besides k9ds playing nearby at the school and in my neighborhood.Near the mountains and beautiful sights yet also close to town and shopping "
    0
    Flag
  • Lyssaleigh1972
    "My husband retired from the navy, 20 year service and we moved here from Norfolk Virginia. It was difficult at first but we’ve been here for about 4 years now and I love it. My son goes to New Dimensions, best school in my opinion. We are looking for our forever home here in Morganton. "
    5
    Flag
  • Lyssa L.
    "easy access to everything. Interstate, shopping, movies, restaurants, brewing..ect. I have lived for about 4 years and I love it. The people are diverse and nice. good school and nice parks. "
    2
    Flag
  • Lindsay S.
    "There are very few rentals allowing dogs. However, dogs are fairly common and accepted in this neighborhood. "
    0
    Flag

Market trends in Morganton

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$270K
$9.83KMoM
Sale-to-List Price
—
Price per sq ft
$179
$3MoM
Available listings
221
19MoM

Home Value

Trulia Estimate
$307K
Since last month
Decreased$12K (-3.7%)
Since last year
Increased$8K (+2.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +93% in the last 10 years
MonthEstimated value
2026
August 2026$307K
August 2026$307K
July 2026$319K
June 2026$318K
May 2026$332K
April 2026$368K
March 2026$368K
February 2026$377K
January 2026$289K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
126 Roby Williams Rd, Morganton, NC
0.77
Single-Family Home
$263,000
10/09/25
3
1
890
3515 High Peak Valley, Valdese, NC
1.05
Single-Family Home
$185,000
05/21/26
3
2
1,550
3432 Ridgewood Dr, Morganton, NC
0.72
Single-Family Home
$370,000
07/01/26
3
2.5
1,728

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
215 Blanton Rd, Morganton, NC 28655
0.22
$422,300
3
3
2,604
Off Market
1631 Bethel Rd, Morganton, NC 28655
0.33
$222,000
3
2
1,620
Off Market
1438 Bethel Rd, Morganton, NC 28655
0.31
$240,000
-
-
-
Recently Sold
202 Drexel Rd, Morganton, NC 28655
0.38
$235,900
3
1
1,584
Off Market
105 Pinto Ln, Morganton, NC 28655
0.36
$259,100
3
2
1,221
Off Market
1414 Bethel Rd, Morganton, NC 28655
0.39
$399,000
3
2.5
1,810
For Sale
110 B&d Ave, Morganton, NC 28655
0.45
$161,400
2
2
1,260
Off Market
1752 Bethel Rd, Morganton, NC 28655
0.49
$339,999
2
1
1,320
For Sale
High Peak Mountain Rd, Valdese, NC 28690
0.47
$42,000
-
-
-
Recently Sold
112 Blanton Rd, Morganton, NC 28655
0.52
$570,400
3
2
2,894
Off Market
102 Steakhouse Rd, Morganton, NC 28655
0.62
$236,900
3
1
1,470
Off Market

Price and Tax history

DateEventPrice
Aug 14, 2026
Source: Canopy MLS as distributed by MLS GRID #4414904
Listed For Sale
$314,900
Aug 1, 2026
Source: Canopy MLS as distributed by MLS GRID #4341632
ListingRemoved
$334,900
Jun 22, 2026
Source: Canopy MLS as distributed by MLS GRID #4341632
PriceChange
$334,900
Price decreased by 4%
May 29, 2026
Source: Canopy MLS as distributed by MLS GRID #4341632
PriceChange
$349,900
Price decreased by 4%
Apr 30, 2026
Source: Canopy MLS as distributed by MLS GRID #4341632
PriceChange
$364,900
Price decreased by 6%

LGBTQ Local Legal Protections

Sandra Walker, RE/MAX Southern Lifestyles
Based on information submitted to the MLS GRID as of 2026-09-12 01:03:27 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 316 Drexel Rd

Skip to last item
Skip to first item

Frequently asked questions about 316 Drexel Rd

  • What is the estimated monthly payment for 316 Drexel Rd?
    Based on a $314,900 list price with 20% down at today's rates, the estimated monthly payment for 316 Drexel Rd in Morganton, NC is approximately $1,935 (about $1,689 principal & interest, $171 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 316 Drexel Rd compare to homes in Morganton?
    316 Drexel Rd in Morganton, NC is listed at $314,900, about 17% above the $270K median sale price in Morganton.
  • What do residents say about Morganton?
    Residents describe Morganton, NC as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Morganton, NC.
  • What are the closest schools to 316 Drexel Rd?
    The closest schools to 316 Drexel Rd in Morganton, NC are Liberty Middle (rated 5/10), Mull Elementary (Pre-K, rated 8/10), Robert L Patton High School (rated 8/10).
  • Does 316 Drexel Rd have air conditioning?
    Yes, 316 Drexel Rd in Morganton, NC has air conditioning.
  • Does 316 Drexel Rd have laundry facilities?
    Yes, 316 Drexel Rd in Morganton, NC has laundry facilities.
316 Drexel Rd, Morganton, NC 28655 is a 2 bedroom, 1 bathroom, 1,428 sqft single-family home built in 1947. This property is currently available for sale and was listed by Canopy MLS as distributed by MLS GRID on Aug 14, 2026. The MLS # for this home is MLS# 4414904.