Sold
Last Sold Price
3 beds1,279 sqft
1478 Watermill Rd, Morganton, NC 28655
Single FamilyProperty Type
7.88 acresLot Size
1901Year Built
$141/sq ftPrice per sq ft

Description

Here's the farmhouse you've been looking for! Built in 1901, this historic property has updates that include electrical, plumbing, and HVAC, but retains all the charm of a bygone era. Country living at its finest, yet less than 5 minutes to Downton Morganton and less than 10 minutes to all the outdoor activities that Lake James provides. The floorplan offers 3 bedrooms, 1 with a separate entrance, a centrally located bathroom, large living room, eat-in kitchen, and laundry room. Unfinished attic...Here's the farmhouse you've been looking for! Built in 1901, this historic property has updates that include electrical, plumbing, and HVAC, but retains all the charm of a bygone era. Country living at its finest, yet less than 5 minutes to Downton Morganton and less than 10 minutes to all the outdoor activities that Lake James provides. The floorplan offers 3 bedrooms, 1 with a separate entrance, a centrally located bathroom, large living room, eat-in kitchen, and laundry room. Unfinished attic space could be additional living area with electrical and hvac already in place. The 7.88 acres lies well, with the majority already cleared creating multiple pasture and garden areas. An additional 10.32 acres that adjoins the property can also be purchased.
  • Listed by: • Hott Property LLC
Listing closed: 09/30/2021 12:00 AM • Source: CANOPY, MLS#: 3769899

Recent comparable sales

Median sold price

$195,400

Avg days on market

48

Sale-to-list ratio

92.9%

Morganton, NC

9 comparable properties found

a front view of a house with a garden
1/32
1

$210,000

Sold 08/20/25

3
Bedrooms
1,412
Square Feet
1.86
Acres
a front view of a house with a garden and sitting area
1/29
2

$214,900

Sold 01/15/25

3
Bedrooms
1,092
Square Feet
0.47
Acres
$176,000 | 1292 Oak Hill Drive, Morganton, NC 28655
1/28
3

$176,000

Sold 02/28/25

3
Bedrooms
1,125
Square Feet
0.35
Acres
$174,000 | 173 West A Harris Road, Morganton, NC 28655
1/14
4

$174,000

Sold 11/15/24

3
Bedrooms
1,206
Square Feet
0.5
Acres
a view of a yard
1/2
5

$136,500

Sold 11/18/25

3
Bedrooms
1,188
Square Feet
0.75
Acres
a view of a house with a patio
1/24
6

$208,500

Sold 01/10/25

3
Bedrooms
1,150
Square Feet
0.41
Acres
a front view of house with yard and green space
1/2
7

$175,000

Sold 11/13/25

3
Bedrooms
1,125
Square Feet
0.49
Acres
front view of a house with a big yard
1/15
8

$235,000

Sold 06/30/25

3
Bedrooms
1,104
Square Feet
0.62
Acres
front view of a house with a yard
1/17
9

$195,400

Sold 03/26/26

3
Bedrooms
1,008
Square Feet
0.68
Acres

Location

Listing Courtesy of Hott Property LLC

Sold By Lake James Real Estate Inc

Add your commute

Payment Calculator

$1,025 per month

30 year fixed, 6.71% Interest

Principal and Interest

$930

Property Taxes

$95

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1478 Watermill Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • County: Burke County
  • Zoning Description: R-3
  • Parking Features: Driveway
  • Subdivision Name: none
Building Information
  • Stories: 1
  • Year Built: 1901
  • Lot Size: 7.88 AC / 343,252 SF
Summary
Location and General Information
  • Longitude: -81.76485
  • Geocode Source: Manual
  • Latitude: 35.767657
  • Directions: Hwy 181N. T/L onto Watermill Rd. Home on R
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $64,088.00
  • Parcel Number: 49373
School Information
  • Middle Or Junior School: Table Rock
  • High School: Freedom
  • Elementary School: Oak Hill
Parking
  • Garage Main Level YN: No
Property
Lot Information
  • Structure Type: One Story
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1279
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Lot Features: Pasture
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 17
  • Road Responsibility: Public Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Permit Syndication: Yes
Utilities
  • Sewer: Septic Installed
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Asbestos, Vinyl Siding
  • Road Surface Type: Gravel
  • Roof: Fiberglass
Interior Features
  • Appliances: None
  • Water Heater: Electric
  • Heating: Central, Gas Hot Air Furnace
  • Laundry Features: Main Level
  • Foundation Details: Crawl Space
Room Information
Room 1
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 3
  • Room Types: Bathroom(s),Bedroom(s),Kitchen,Laundry,Living Room
  • Room Level: Main
Multi Family
Multi-Family Information
  • Unit Count: 0

Property History for 1478 Watermill Road

DateEvent & SourcePriceAppreciation
Sep 30, 2021

Closed

CANOPY #3769899

$179,900
Sep 27, 2021

Closed (Public Record)

Public Record #1473569381

$180,000
Aug 10, 2021

Under Contract-No Show

CANOPY #3769899

DateEvent & SourcePrice
09/30/2021

Closed

CANOPY #3769899

$179,900
09/27/2021

Closed (Public Record)

Public Record #1473569381

$180,000
08/10/2021

Under Contract-No Show

CANOPY #3769899

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1478 Watermill Road

Taxable ValueLand$61,259Additions$134,297Total$195,556
Tax Record2025$1,141 ($95 / month)
Home Facts
Beds2Total Finished SqFt2,115 SqFtAbove Grade Finished SqFt2,115 SqFtStories2Lot Size343,253 SqFtStyleSingle Family ResidenceYear Built1901Year Renovated1980ZoningRESIDENTIAL TCountyBURKEAPN49373Fireplace TypeHas Fireplace

Schools near 1478 Watermill Road

This home is within Burke County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Oak Hill Elementary
PublicPK to 5

Table Rock Middle
Public6 to 8

Freedom High
Public9 to 12

Burke Middle College High School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 28655

$288,900 | 4218 Piney Road, Morganton, NC 28655
1/40
New

$288,900

3
Bedrooms
1,594
Square Feet
1
Acres
$275,000 | 2495 Piney Road, Morganton, NC 28655
1/30
Virtual TourNew

$275,000

3
Bedrooms
1,310
Square Feet
0.57
Acres
$500,000 | 113 Ann Street, Morganton, NC 28655
Coming Soon

$500,000

3
Bedrooms
3,565
Square Feet
0.5
Acres
$514,900 | 1062 Faith Court, Morganton, NC 28655
1/36
Coming Soon

$514,900

3
Bedrooms
1,969
Square Feet
0.78
Acres
$2,799,000 | 5069 Lighthouse Court, Morganton, NC 28655
1/48
Virtual TourNew

$2,799,000

4
Bedrooms
4,150
Square Feet
0.62
Acres
$245,000 | 314 Rockyford Street, Morganton, NC 28655
1/29
Open: 9/20 02:00PM - 04:00PMNew

$245,000

3
Bedrooms
1,043
Square Feet
0.15
Acres
$700,000 | 102 Hillside Lane, Morganton, NC 28655
1/44
New

$700,000

3
Bedrooms
3,808
Square Feet
0.47
Acres
$240,000 | 2913 Conner Circle, Morganton, NC 28655
1/29

$240,000

3
Bedrooms
1,248
Square Feet
0.5
Acres
$519,900 | 5341 Reese Store Avenue, Morganton, NC 28655
1/45
Virtual Tour

$519,900

3
Bedrooms
3,860
Square Feet
4.43
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1478 Watermill Road, Morganton, NC 28655
$179,900
3
1,279
343,252
2
2
1,636
59,677
4
2
1,560
26,572
$190,000
2
2,472
77,101
2
1,456
21,780
$198,000
3
1,112
19,602

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hott Property LLC

Based on information submitted to the MLS GRID as of 10/04/2021 06:03 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.