227 Reep Drive

Off Market

227 Reep Drive

Morganton NC 28655

2919 sq. ft.

0.86 ac.

Single-Family

Last sold for $437,000

Lisa Hines, last sold this property on 16 March 2026 after 248 days on market.

Overview

This is a stunning MULTI FAMILY or RENTAL OPPORTUNITY PROPERTY. A steal at under $500k!!! BRAND NEW ROOF on the main house and carport! 3 separate living quarters! Each with its own parking areas, 2 large carports and a circular drive. It features the main house with a bedroom & full bath on the main floor & a full bath/bed upstairs.A BEAUTIFUL LARGE KITCHEN with new fingerprint-resistant stainless steel appliances (which stay) LOOKS OUT TO THE GORGEOUS POOL & lush yard.The main house has a door that leads to the adjacent apartment which has a bedroom/office on the main level & a living room, kitchen, bedroom, & full bathroom/laundry room upstairs.The apartment has it's own huge carport(that can accommodate tall trucks or RV's) & 2 outside access doors.The cottage is a charming separate 1 bedroom, living room, kitchen, laundry, bathroom, home that has a private back deck & parking area.The main house features 2 enclosed sunroom/porches & you can enjoy the evening's sunsets from the upper EAGLE'S NEST DECK WITH CAPTIVATING VIEWS OF THE MOUNTAINS. A great property for entertaining with a huge covered front porch, several decks, a gazebo, a koi pond, greenhouse, countless flowering bushes and beautiful trees with mountain views & a gorgeous in-ground pool. Pool solar blanket,cover & furniture to remain. All 3 sets of washers & dryers to stay. All 3 refrigerators to stay. At the property it feels like you are miles away from the hustle and bustle, but conveniences are close by. Just a few minutes to i-40, restaurants, grocery stores, medical practices, the hospital and the greenway. It is also close to the charming downtown of Morganton where they hold concerts, festivals and other fun entertainment. NO HOA!

Features

5 bedrooms

4 bathrooms

2 carspaces

2 carport spaces

2919 sq. ft. floor area

0.86 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Morganton over the last 12 months, the estimated median property value of 227 Reep Drive is $485k.

Median value

$485k

Estimated value range

$155k - $2m

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Morganton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 227 Reep Drive

2026

Sold

$437,000

16 Mar 2026 by Lisa Hines, of Hines Rose Realty LLC

2014

Sold

$130,000

31 Jul 2014 by Sandra Walker, of Causby Realty

Happy sellers in Morganton

96%

96% of sellers in Morganton reported that their sale price either exceeded or met their price expectations.

Morganton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Morganton over the last 12 months.

Local market activity for 5 bedroom single-family properties in Morganton

In the last 12 months, 12 five-bedroom single-family properties similar to 227 Reep Drive, have been sold.

This represents a 25% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Morganton for a market analysis.

Adriano & Katie Lamboglia

at True North Realty

(60 reviews)

Get a market analysis

Robyn St. Clair

at Realty ONE Group @Home | Hickory

(80 reviews)

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Hannah Fox

at The Pinnacle Property Group NC

(38 reviews)

Get a market analysis

Kevin Kee

at Berkshire Hathaway HomeServices Blue Ridge REALTORS??

(7 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Morganton

Adriano & Katie Lamboglia

Sellers who recommend Adriano & Katie Lamboglia have praised them for being local expert, clear communication, responsive, supportive, strategic, empathetic, and detail-oriented