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Waterfront Residential Development Lot
For Sale
$575,000
Pending

1514 Braxton Gate Drive #216, Morganton, NC 28655

Waterfront lot with stabilized shoreline, long water views, and a dock with lift for lakefront recreation and build-ready use.

Property SizeContact for details
Days on Market90

Property Features for 1514 Braxton Gate Drive #216

General Information

Standard status Pending
Property subtype Land or Vacant Lot

Amenities

Rolling Slope
Sloped
Views
Wooded
Listing Agency: ENGEL & VOLKERS FOOTHILLS LAKE JAMES
Listed By: DIANNE REIHL · License #246976
Source: Corcoran
Added: Jun 2 Changed: Aug 8 Last Checked: Aug 8 at 7:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ENGEL & VOLKERS FOOTHILLS LAKE JAMES

Investment Insights

Based on property information with market context.

This listing presents a waterfront land opportunity identified as Lot #216, positioned about 65 feet from the waters edge. The property offers a building envelope designed for long water views over Lake James’ emerald green waters. The lot is tucked into a large, quiet, protected cove within the “Sherman Hollow” no-wake zone, supporting lake activities such as swimming, kayaking, and paddleboarding, as well as relaxing in a gazebo or on a floating dock’s swim platform. The property includes over 245 feet of stabilized waterfrontage. A dock with lift is present, and there is also power to an electrical box connection and wire to the dock; however, the electrical box, wiring, and connection are disconnected. The seller does not warrant the electrical components. The dock and gazebo will be sold as-is, and the boat lift and motor are also sold as-is.

Southpointe is described as an established community, noted for being the only one with city sewer and also offering city water and high-speed fiber optic internet. Community amenities listed include a clubhouse, swimming pool, and walking trails, with low HOA dues referenced at $1,140 per year. The location is described as about 15 minutes to downtown Morganton and minutes to Fonta Flora State Park and Paddys Creek State Park.

For buyers looking to build a full-time residence or vacation home, Lot #216 provides a lakefront setting with protected, no-wake cove conditions and substantial stabilized shoreline. The dock and gazebo add immediate use assets, with buyers able to evaluate the as-is electrical and lift components as part of their planning and due diligence for future improvements.

Key Highlights

  • Waterfront lot with over 245' of stabilized waterfrontage on Lake James
  • Lot #216 offers long water views of Lake James and is set 65' from the waters edge
  • Tucked in a protected cove with no‑wake zone (“Sherman Hollow”), suited for swimming and kayaking

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Kitchen & Bath Showroom Storage Facility Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 28655, NC

55,328
Population
24,542
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
84%
High-School Grad
325.0 sq mi
ZIP Area
170
Density / Sq Mi
$53,464
Median Household Income
$34,191
Median Earnings
$827
Median Rent
$170,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront lot with stabilized shoreline, long water views, and a dock with lift for lakefront recreation and build-ready use.
Where is this waterfront land located?
The property is located at 1514 Braxton Gate Drive #216 Morganton, NC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Waterfront lot with over 245' of stabilized waterfrontage on Lake James; Lot #216 offers long water views of Lake James and is set 65' from the waters edge; Tucked in a protected cove with no‑wake zone (“Sherman Hollow”), suited for swimming and kayaking
More about this property
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