Well-built and full of potential, this 4-bedroom, 2-bath brick ranch in Drexel offers 2,112 sq ft on the main floor with a spacious living room featuring a picture window and fireplace. Conveniently located near Morganton, Valdese, and Hickory, it offers easy access to shopping, dining, and major routes. The full-sized, unfinished basement includes a functional bathroom and kitchenette, presenting the opportunity to nearly double the home’s heated living area with minimal construction. R-20 Zoning would allow this to be used as a daycare/preschool, an assisted living facility, or a multi-family dwelling! Whether you're seeking a move-in ready property or one with room to customize and expand, this home checks all the boxes. Solid construction, a flexible layout, and an excellent location make 361 Settlemyer Road a standout choice. Don’t miss your chance to turn this gem into your forever home!
Active
$369,000
361 Settlemyre Rd, Morganton, NC 28655
4beds
2,112sqft
Est.:
Single Family Residence
Built in 1975
0.47 Acres Lot
$362,400 Zestimate®
$175/sqft
$-- HOA
What's special
Full-sized unfinished basementPicture windowFunctional bathroom and kitchenette
- 16 days
- on Zillow |
- 1,389 |
- 57 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 05:45pm
Listing Provided by:
Chris Garner realtychrisgarner@gmail.com,
Horizon Realty Associates LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4259803

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Basement
Bathroom full
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Other
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Microwave
- Laundry: Electric Dryer Hookup
Features
- Flooring: Tile, Vinyl
- Basement: Basement Garage Door,Unfinished
Interior area
- Total structure area: 2,112
- Total interior livable area: 2,112 sqft
- Finished area above ground: 2,112
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Basement, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.47 Acres
Details
- Parcel number: 2724319221
- Zoning: R-20
- Special conditions: Standard
- Other equipment: Fuel Tank(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Full
- Roof: Shingle
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Morganton
- Elevation: 1000 Feet
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $325,581
- Annual tax amount: $2,257
- Date on market: 5/19/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
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