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Lot at Morganton
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Virtually Staged - Morganton
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low lake level in the early spring - Morganton
Community Beach - Morganton
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Fonta Flora Trail - Morganton
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$364,900

Morganton, NC 28655
Listed by Christy McFadden · GreyBeard Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Set on 3.71 private acres in the gated Waters Edge community, this rare Lake James homesite offers approximately 300 feet of level shoreline on one of the lake's quietest coves — calm, clear water perfect for swimming, kayaking, and paddleboarding from your own backyard. This is a non-dockable lot. The wooded, gently sloping site is ready to build on or come enjoy as is: driveway, parking, and boat trailer storage already in place, soil test on record, and the Fonta Flora State Trail running directly along the back edge of the property. Underground power, high-speed internet, and city water are available. Short-term rentals are allowed. Adjacent to 47.99 acres of protected green space, this lot feels more like a private nature preserve than a typical lakefront homesite. The community beach and a nearby marina with a public boat launch keep the full lake experience within easy reach. Morganton is 15 minutes away; Asheville under an hour. Seclusion, acreage, and a front-row seat to Lake James — all in one place. NC Agent Owned

Property details

MLS #
CAR4380561
Property type
Lot
Subdivision
Waters Edge
Status
Active
Days on market
1
On market date
July 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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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
4.07 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
3.31 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
8.31 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 1 days -- 318 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

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Est. monthly payment
$2,347/mo
$72,980 down
$291,920 loan
Principal & interest$1,893
Property tax (est.)$304
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 8, 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.