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    3163 Lake Dr, Unit unit 53 & 52 Morganton, NC 28655

    For Sale
    $32,500

    LAND - Morganton, NC

    Lot size:
    1.32 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 10 at 2:06 am

    Property Features for 3163 Lake Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1775898341
    Lot size
    1.32 Acres

    Utilities

    Sewer type
    Septic Needed

    C Shane Cook & Associates (828) 443-3205 [email protected]

    Listing agent Shane Cook (828) 443-3205

    Listing date Oct 14, 2025

    MLS# 4225819 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morganton Land For Sale

    This 1.32-acre double lot is located at 3163 Lake Dr in Morganton, NC, within "The Oaks at Hunters Ridge" subdivision. The property features a gentle rolling grade, suitable for a tall crawlspace or basement foundation. Duke Energy electric, City of Morganton water, and AT&T internet are available. The back of the property faces south. The neighborhood is quiet, with no through traffic. A septic system will need to be installed for a home. Mature trees provide a private neighborhood setting. The minimum building requirement is 1,200 heated square feet. There is no Homeowners association, but basic subdivision restrictive covenants are in place to help maintain property values. Modular homes have been permitted in the past, but trailers or manufactured homes are not allowed. The property is located outside city limits, so there are no city taxes, only Burke County taxes. It is conveniently located a 9-minute, 5.4-mile drive to the neighborhood Walmart off of North Green St and a 15-minute, 8.6-mile drive to Lake James Linville boat ramp.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Kitchen & Bath Garden Center Electronics Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morganton
    County
    Burke
    State
    North Carolina
    Longitude
    -81.76972
    Latitude
    35.804833

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    FAQs

    What type of property is this?
    Land - 1.32 acre double lot in "The Oaks at Hunters Ridge".
    Where is this land located?
    The property is located at 3163 Lake Dr, Unit unit 53 & 52 Morganton, NC.
    What is the asking price?
    The asking price for this property is $32,500.
    What are key features of this property?
    This property features: - Reduced price offers great value at $32,500.; - Double lot (1.32 acres) in a quiet, established subdivision with mature trees.; - Conveniently located near Walmart (9 minutes) and Lake James Linville boat ramp (15 minutes).
    (828) 443-3205
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    3163 Lake Dr, Unit unit 53 & 52 Morganton, NC 28655
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    Morganton, NC 28655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3163 Lake Dr, Unit unit 53 & 52 Morganton, NC 28655
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