Motivated Seller! Charming 1.5 Story Townhouse in the Peaceful Morgan Trace Subdivision! Welcome to low-maintenance living at it's finest. This beautifully maintained townhouse offers the perfect blend of comfort, functionality, and modern upgrades - all nestled in a quiet, peaceful community. Step inside to discover soaring cathedral ceilings that create an open, airy feel throughout the main living area. The thoughtfully designed layout features the primary bedroom on the main level, complete with a large walk-in closet, an en-suite bathroom boasting a garden tub, walk-in shower, and ample space for relaxation. Enjoy the convenience of main-level living with the laundry space, a cozy den, primary suite, kitchen, living room, guest bathroom, and garage - all on the first floor. Upstairs, you'll find two spacious bedrooms, a full bathroom, and a bonus room that can easily be used as a home office, guest space, or a 4th bedroom, offering flexibility for any lifestyle. Step outside to your private patio, where a remote-controlled awning offers shade and comfort, and a privacy fence surrounds the space - creating the perfect setting for outdoor relaxation or entertaining. Major updates include a new roof in 2019, new water heater in 2020, new central air in 2022, new furnace in 2024, and new stainless appliances! With its smart layout and modern amenities, this home is truly move-in ready. Don't miss your chance to become part of the sought-after Morgan Trace community!
Active
Price cut: $12.1K (10/10)
$339,900
138 Lady Slipper Ln SW, Valdese, NC 28690
3beds
1,881sqft
Est.:
Townhouse
Built in 2002
0.04 Acres Lot
$-- Zestimate®
$181/sqft
$160/mo HOA
What's special
Privacy fenceRemote-controlled awningPrivate patioSoaring cathedral ceilingsMain-level livingLarge walk-in closet
- 111 days |
- 119 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 06:09am
Listing Provided by:
Amy Fender amyfender@cshanecook.com,
C Shane Cook & Associates
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4296720
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Features: Garden Tub
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Bar entertainment
- Level: Main
Bonus room
- Level: Upper
Den
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Features: Cathedral Ceiling(s)
- Level: Main
Loft
- Features: Cathedral Ceiling(s)
- Level: Upper
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator with Ice Maker, Washer
- Laundry: Main Level
Features
- Soaking Tub, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Insulated Windows
- Has basement: No
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 1,881
- Total interior livable area: 1,881 sqft
- Finished area above ground: 1,881
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Entry location: Main
- Patio & porch: Awning(s), Patio
- Exterior features: Lawn Maintenance
- Fencing: Back Yard,Privacy
Lot
- Size: 0.04 Acres
Details
- Parcel number: 2733368854
- Zoning: R-12A
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Brick Partial, Vinyl
- Foundation: Slab
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Features: Street Lights
- Security: Security System
- Subdivision: Morgan Trace
HOA
- Has HOA: Yes
- HOA fee: $160 monthly
- HOA name: Morgan Trace
- HOA phone: 828-874-0514
Location
- Region: Valdese
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $253,888
- Annual tax amount: $1,436
- Date on market: 8/28/2025
- Cumulative days on market: 102 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Concrete, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Listed for sale | $339,900$181/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4296720 Report a problem | ||
| 10/28/2025 | Pending sale | $339,900$181/sqft |
Source: Canopy MLS as distributed by MLS GRID #4296720 Report a problem | ||
| 10/10/2025 | Price change | $339,900-3.4%$181/sqft |
Source: Canopy MLS as distributed by MLS GRID #4296720 Report a problem | ||
| 9/22/2025 | Price change | $352,000-3.8%$187/sqft |
Source: Canopy MLS as distributed by MLS GRID #4296720 Report a problem | ||
| 9/10/2025 | Price change | $365,900-2.9%$195/sqft |
Source: Canopy MLS as distributed by MLS GRID #4296720 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | $1,436 +17.8% | $8,497 -94.9% |
| 2018 | $1,219 +2.7% | $164,998 |
| 2017 | $1,187 | $164,998 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,089/mo
Principal & interest
$1646
Property taxes
$164
Other costs
$279
Climate risks
Neighborhood: 28690
Nearby schools
GreatSchools rating
- 5/10Valdese ElementaryGrades: PK-5Distance: 0.9 mi
- 4/10Heritage MiddleGrades: 6-8Distance: 0.9 mi
- 8/10Jimmy C. Draughn High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Valdese
- Middle: Heritage
- High: East Burke
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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