Lot at Morganton
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$468,000

Morganton, NC 28655
Listed by Tracy Dowling · Homecoin.com
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Build your Lake James dream home on the 2.53-acre lot with boat slip (#55) in the very desirable Dry Creek lakefront community on Lake James. Lake James has more than 150 miles of shoreline and is one of the cleanest lakes in the United States, featuring many islands throughout the lake, excellent fishing, and stunning Blue Ridge Mountain views. Your new lake home can be built with a wood, brick, stone, or hardiplank exterior. Located on the northeast side of Lake James, only 15 minutes from I-40, less than 20 minutes from Downtown Morganton and Marion, and less than 40 minutes from Asheville and Hickory. This community includes an outdoor pool, clubhouse, hiking trails, boat slips, city water, and underground utilities. There are various large and gently rolling building sites on this 2.53-acre parcel of land that will accommodate any type of estate residence. The multimillion-dollar homes in Dry Creek are all of large size, giving you great privacy and sightings of wildlife.

Property details

MLS #
CAR4144207
Property type
Lot
Subdivision
Dry Creek
Status
Active
Days on market
720
On market date
May 25, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Glen Alpine Elementary
4.76 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
329
Student:teacher ratio
14.3:1
District
Burke County Schools
Middle
Table Rock Middle
4.41 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
560
Student:teacher ratio
16.5:1
District
Burke County Schools
High
Burke Middle College
9.36 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 Morganton'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).

15
Very car-dependent
out of 100
EPA National Walkability Index
3.7 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Morganton, from live MLS data.

On the market 720 days -- 401 more days than Morganton's current average of 319 days.
For reference, the median list price across 372 active listings in Morganton right now is $220,000.

Mortgage calculator

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

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Est. monthly payment
$2,968/mo
$93,600 down
$374,400 loan
Principal & interest$2,428
Property tax (est.)$390
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 15, 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.