Discover a rare opportunity to restore a piece of local history with this 1909 farmhouse nestled on 6.19 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!
Active
$350,000
368 Settlemyre Rd, Morganton, NC 28655
3beds
2,828sqft
Est.:
Single Family Residence
Built in 1909
6.19 Acres Lot
$341,700 Zestimate®
$124/sqft
$-- HOA
What's special
Charm of country livingHardwood and pine floorsTwo wood-burning fireplaces
- 17 days
- on Zillow |
- 3,258 |
- 368 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 08:58am
Listing Provided by:
Shane Cook cshanecook@yahoo.com,
C Shane Cook & Associates
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4264485

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Den
- Level: Upper
Kitchen
- Level: Main
Living room
- Level: Main
Sunroom
- Level: Main
Heating
- Forced Air, Heat Pump, Radiant
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Gas Range, Refrigerator
- Laundry: In Bathroom, Main Level
Features
- Total Primary Heated Living Area: 2454
- Flooring: Wood
- Has basement: No
- Fireplace features: Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 2,454
- Total interior livable area: 2,828 sqft
- Finished area above ground: 2,454
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Circular Driveway, Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Enclosed, Front Porch, Rear Porch
Lot
- Size: 6.19 Acres
- Features: Wooded
Details
- Additional structures: Workshop
- Parcel number: 2724411490
- Zoning: R-20
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Cable Available, Electricity Connected, Propane, Wired Internet Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Morganton
- Elevation: 1000 Feet
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $204,144
- Date on market: 5/28/2025
- Listing terms: Cash,FHA 203(K)
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
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