$4,275 Closing Credit¹
Listing Office: WNC Real Estate at Lake James
$350,000 List price
368 Settlemyre Rd Morganton, NC 28655
$4,156
Closing credit¹
3 beds
3 full
2,454 sqft
$143 / sqft
House
Property details
About 368 Settlemyre Rd
Discover a rare opportunity to restore a piece of local history with this 1909 farmhouse nestled on 7 acres. Located just outside Drexel, with easy access to Morganton & Valdese, this property offers both the charm of country living & the convenience of nearby amenities. With a little vision and dedication, this timeless home can be brought back to its former glory—blending classic character with modern comforts. Features include hardwood & pine floors, two wood-burning fireplaces, a main-level living room, sunroom, kitchen, bedroom, full bath, & laundry. A heated/cooled rear porch leads to the backyard & a 370 sq ft detached guest house with kitchenette, laundry, & bath. Upstairs offers two bedrooms, a den/office, & a second full bath. A converted singlewide at the rear serves as a woodworking shop. Old shared driveway near 350 Settlemyre Rd. Sold as-is; priced accordingly. Cash or renovation loans preferred. A unique opportunity to own a slice of history with endless potential!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Heat Pump, Radiant
StatusActive
CoolingCentral Air, Heat Pump
Size2,454 sqft
Year built1909
ParkingDetached Carport, Circular Driveway, Driveway
MLS #4264485
FireplaceWood Burning, Wood Burning Stove
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Gas Range, Refrigerator
- Basement: No
- Flooring Type: Wood
- Fireplace: Wood Burning, Wood Burning Stove
- Total Bedroom Count: 3
- Parking: Detached Carport, Circular Driveway, Driveway
- Architectural Style: Farmhouse
- Heating: Forced Air, Heat Pump, Radiant
- Cooling: Central Air, Heat Pump
- List Price: $350,000
- Price/SqFt: $142
- Year Built: 1909
- Living Area: 2,454 SqFt
- MLS Number: 4264485
- Office Name: C Shane Cook & Associates
- Office Email: cshanecook@yahoo.com
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$350,000
368 Settlemyre Rd
$4,156
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
9
Drexel Elementary School
Public District PK-5
0.8 mi
•100 Alta Vista St
6
Valdese Elementary School
Public District PK-5
2.9 mi
•298 Praley St NW
5
Hillcrest Elementary School
Public District PK-5
3.3 mi
•201 Tennessee St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,822. Residents of Morganton, NC typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
40%
<35k
47%
35k-100k
11%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Extreme Sports
Where do the neighbors shop?
Kmart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Little Caesars
What do the neighbors drive?
Buick
Ram
Chevrolet
What do the neighbors listen to?
Oldies
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 368 Settlemyre Rd
The listing price of 368 Settlemyre Rd property is $350,000.
The property 368 Settlemyre Rd is a house located in Morganton, North Carolina, 28655.
Active Listing: 368 Settlemyre Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 368 Settlemyre Rd are: Drexel Elementary School (GreatSchools Rating 9/10), Valdese Elementary School (GreatSchools Rating 6/10), Hillcrest Elementary School (GreatSchools Rating 5/10), Heritage Middle School (GreatSchools Rating 8/10), New Dimensions (GreatSchools Rating 4/10), Walter Johnson Middle School (GreatSchools Rating 5/10), Hallyburton Academy (GreatSchools Rating 1/10), Jimmy C. Draughn High School (GreatSchools Rating 6/10), Burke Middle College (GreatSchools Rating 10/10).
The property at 368 Settlemyre Rd has 3 bedrooms and 3 bathrooms.
The property 368 Settlemyre Rd is 2,454 SqFt (source: MLS/tax record).
The year of construction for 368 Settlemyre Rd is 1909.
This home is located at 368 Settlemyre Rd in Morganton, NC and zip code 28655. This 2,454 square foot home was built in 1909. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $350,000.
Morganton, NC housing market in April 2025 saw over 10 listings sold above listed price, more than 6 sold at listed price and over 24 sold below. The number of listings in Morganton, NC increased by 3.2% between March and April 2025. In April 2025 median list price was $279,000 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.