Duplex at Morganton
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37 photos

$329,000

Morganton, NC 28655
Listed by Kevin Miller · GreyBeard Realty
Bedrooms
3
Bathrooms
2
Living area
1,029 sqft
Year built
1930

About this home

Rare opportunity to own two original Lake James cabins on one property just minutes from the water. Nestled along a quaint gravel road lined with historic cabins that rarely come on the market, this unique property offers character, history, and income potential in one of Lake James' most desirable areas. The main cabin features beautiful original stonework, a gas-log fireplace, updated bath, mini-split HVAC, screened porch, covered front porch, and outdoor living spaces including a stone patio and fire pit. An additional lower-level basement area (accessed from the screened porch) provides laundry, recreation space, and storage, though ceiling heights are lower than standard. Lovingly restored while preserving its rustic charm, the cabin offers a cozy retreat that feels worlds away, yet remains close to everything Lake James has to offer. A second detached building includes a vintage one-bedroom apartment with the feel of a writer's retreat. Rich with nostalgic character, it offers guest accommodations or rental possibilities and could benefit from additional work and updating to suit the next owner's vision. The building also includes additional lower-level space with exterior access, plus a garage/workshop and loft for canoes, kayaks, bikes, and outdoor gear. Located approximately one mile from Mimosa Boat Landing and close to the Fonta Flora Trail, Shortoff Mountain, Linville Gorge, and Lake James State Park, this property offers convenient access to boating, hiking, and recreation while sitting only 1,200 feet from Lake James (straight-line distance). With no HOA and no known community restrictions, opportunities like this are becoming increasingly difficult to find around Lake James. Many of these cabins are passed down through generations. Whether you're searching for a lake getaway, investment property, established short-term rental opportunity, or a piece of Lake James history, this property offers endless possibilities. Most furnishings can convey with an acceptable offer. While thoughtfully updated over the years, the cabins retain the character, craftsmanship, and charm of a bygone era. Property is being sold as-is. Property is shown by appointment only. Please do not visit or walk the property without a scheduled showing. Seller is listing agent. Property is also listed as Single Family Residential: MLS #4395352.

Highlights

Fireplace

Property details

MLS #
CAR4397908
Property type
Duplex
Subdivision
None
Status
Active
Days on market
7
On market date
July 1, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
1
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.

Elementary
Glen Alpine Elementary
3.25 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
2.95 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
7.84 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 7 days -- 312 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
$2,131/mo
$65,800 down
$263,200 loan
Principal & interest$1,707
Property tax (est.)$274
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.