Lot at Morganton
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Lot at Morganton, photo 4 of 4
4 photos

$249,000

Morganton, NC 28655
Listed by Tim Newton · Coldwell Banker Newton RE
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

Attention developers; Hard to find in town lot within walking distance to all of downtown, gently sloping .78 acre lot across street from the Rec and just below fonta flora brewery and the Marriott hotel. Located within central business district zoning. Ideal for multi family or many other applications. $249,900

Property details

MLS #
CAR4375080
Property type
Lot
Subdivision
N/A
Status
Active
Days on market
2
On market date
May 4, 2026
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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Hillcrest Elementary
1 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
266
Student:teacher ratio
14.8:1
District
Burke County Schools
Middle
Walter R Johnson Middle
2.3 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
489
Student:teacher ratio
15.3:1
District
Burke County Schools
High
Burke Middle College
1.64 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).

74
Walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks7
Schools5
Transit stops15
Pharmacies3

Market position

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

On the market 2 days -- 317 fewer 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
$1,650/mo
$49,800 down
$199,200 loan
Principal & interest$1,292
Property tax (est.)$208
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 6, 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.