Back 368 Settlemyre Road
Off Market

368 Settlemyre Road

Morganton NC 28655

3
3
2
2828 sq. ft.
6.19 ac.
Single-Family
Last sold for $327,500
Shane CookShane Cook, last sold this property on 21 November 2025 after 177 days on market.

Overview

Discover a rare opportunity to restore a piece of local history with this 1909 farmhouse nestled on 6.19 acres. Located just outside Drexel, with easy access to Morganton & Valdese, this property offers both the charm of country living & the convenience of nearby amenities. With a little vision & dedication, this timeless home can be brought back to its former glory—blending classic character with modern comforts. Features include hardwood & pine floors, two wood-burning fireplaces, a main-level living room, sunroom, kitchen, bedroom, full bath, & laundry. A heated/cooled rear porch leads to the backyard & a 370 sq ft detached guest house with kitchenette, laundry, & bath. Upstairs offers two bedrooms, a den/office, & a second full bath. A storage/workshop from a converted singlewide at the rear of the property, considered of no value. Old shared driveway near 350 Settlemyre Rd. Sold as-is; priced accordingly. Cash, conventional or reno loan preferred. A unique opportunity to own a slice of history with endless potential! Reduced $15,000 to $335,000!

Features

3 bedrooms
3 bathrooms
2 carspaces
2 carport spaces
2828 sq. ft. floor area
6.19 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Morganton over the last 12 months, the estimated median property value of 368 Settlemyre Road is $295.01k.

Median value
$295.01k
Estimated value range
$45k - $1.59m
Median days on market
30
Estimated value trend
3%
increase 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 368 Settlemyre Road

2025
Sold
$327,500
21 Nov 2025 by Shane Cook, of C Shane Cook & Associates

Happy sellers in Morganton

56%
56% 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 3 bedroom single-family properties in Morganton

In the last 12 months, 282 three-bedroom single-family properties similar to 368 Settlemyre Road, have been sold.

This represents a 11% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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