632 Drexel Rd

Valdese, NC 28690

$2,500,000
Price
7,187,400 / 165
Lot Size / Acres

Description

Fantastic location near I-40 with approximately 165 acres. Property borders High Peak Mountain Road and Drexel Road with beautiful views and two creeks on the property. Conveniently located about 15 minutes from Morganton, 20 minutes from Hickory, an hour from Asheville, and slightly over an hour to Charlotte. Service road frontage centered between I-40 Exits 106 and 107. Don’t miss this opportunity!Fantastic location near I-40 with approximately 165 acres. Property borders High Peak Mountain Road and Drexel Road with beautiful views and two creeks on the property. Conveniently located about 15 minutes from Morganton, 20 minutes from Hickory, an hour from Asheville, and slightly over an hour to Charlotte. Service road frontage centered between I-40 Exits 106 and 107. Don’t miss this opportunity!
  1. Listed by Mary Foster • Coldwell Banker Boyd & Hassell • maryfoster.realtor@gmail.com

Property Details for 632 Drexel Road

Subdivision Name
None
LISTING UPDATED: 10/15/2025 09:23 AM

Property Details for 632 Drexel Road

StatusActive
MLS #4110812
Days on Market679
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Acreage
Year Built-
Lot Size165.00 AC
CountyBurke County

Location

Listing Courtesy of Coldwell Banker Boyd & Hassell
Add your commute

Building Information for 632 Drexel Road

Lot Size165.00 AC

Payment Calculator

$12,398 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,353

Property Taxes

$45

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 632 Drexel Road

Summary
Location and General Information
  • Longitude: -81.608207
  • Latitude: 35.735931
  • Directions: From I-40 West, Take Exit 107 toward NC-114/Drexel; Turn LEFT onto Drexel Rd (NC-114) until you reach 632 Drexel Road; (No Sign)
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $518,405.00
  • Parcel Number: 62611
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Heritage
  • High School: Jimmy C Draughn
  • Elementary School: Drexel
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Virtual Tour
  • Web URL: www.cbbhinfo.com
Property
Lot Information
  • Sq Ft Building Minimum: 0
  • Lot Features: Pasture
  • Lot Size Units: Acres
  • Possible Use: Multi-Family, Residential, Subdevelopment
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 16
  • Road Responsibility: Publicly Maintained Road
  • Senior Community YN: No
  • Restrictions: Other - See Remarks
Utilities
  • Sewer: Septic Needed
  • Water Source: City, Tap Fee Required
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence
  • Road Surface Type: Paved
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 632 Drexel Road

DateEvent & SourcePriceAppreciation
Feb 19, 2024

Listed (Active)

CANOPY #4110812

$2,500,000—
DateEvent & SourcePrice
02/19/2024

Listed (Active)

CANOPY #4110812

$2,500,000

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

Public Records for 632 Drexel Road

Taxable ValueLand$508,266Additions$10,139Total$518,405
Tax Record2025$540 ($45 / month)
Home Facts
Beds3Total Finished SqFt990 SqFtAbove Grade Finished SqFt990 SqFtStories1Lot Size7,219,199 SqFtStyleSingle Family ResidenceYear Built1930ZoningRESIDENTIAL TCountyBURKEAPN62611

Schools near 632 Drexel Road

This home is within Burke County School District.
Rating
School
Type
Grades
Distance
Mull Elementary
Public - PK to 5
Liberty Middle
Public - 6 to 8
Robert L Patton High School
Public - 9 to 12
Hallyburton Academy
Public - 6 to 12
Rating
School
Distance
Mull Elementary
PublicPK to 5

Liberty Middle
Public6 to 8

Robert L Patton High School
Public9 to 12

Hallyburton Academy
Public6 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.

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More information about 632 Drexel Road, Valdese, NC 28690

632 Drexel Road is a 165 ac of land for sale in Valdese, NC 28690. This property was listed for sale on February 19, 2024 by Coldwell Banker Boyd & Hassell, it's currently listed at $2,500,000. This listing's school district is Burke County School District. Nearby schools include Mull Elementary, Liberty Middle and Robert L Patton High School. 632 Drexel Road is a 0-bed, 0-bath, 165 ac of land on a 7,187,400 sq. ft. / 165 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Boyd & Hassell

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/29/2025 02:31 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.