Acreage at 632 Drexel Road, Valdese
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$2,500,000

632 Drexel Road
Valdese, NC 28690
Listed by Mary Foster · Coldwell Banker Boyd & Hassell
Bedrooms
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Bathrooms
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Living area
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Year built
N/A

About this home

Fantastic location near I-40 with approximately 165 acres. Property borders High Peak Mountain Road and Drexel Road with beautiful views and two creeks on the property. Conveniently located about 15 minutes from Morganton, 20 minutes from Hickory, an hour from Asheville, and slightly over an hour to Charlotte. Service road frontage centered between I-40 Exits 106 and 107. Don’t miss this opportunity!

Property details

MLS
Canopy MLS
MLS #
CAR4110812
Property type
Acreage
Subdivision
None
Status
Active
Days on market
737
On market date
February 19, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Drexel Elementary
0.94 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
446
Student:teacher ratio
15.4:1
District
Burke County Schools
Middle
Heritage Middle
2.22 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
512
Student:teacher ratio
17.1:1
District
Burke County Schools
High
Burke Middle College
4.59 mi away · Grades 11-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
128
Student:teacher ratio
42.7:1
District
Burke County Schools

Walkability

Blended score for Valdese's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

27
Car-dependent
out of 100
EPA National Walkability Index
3.8 / 20 -- Least walkable
Google Places amenity density
38 / 100
Restaurants & cafes5
Grocery stores2
Parks1
Schools1
Transit stops0
Pharmacies1

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated February 25, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.