$240,000
2 Bed · 1 Bath · 1,744 Sq Ft
Updated systems, flexible lower level, plenty of outdoor space
2
Beds
1
Baths
1,744
Sq Ft
1982
Built
0.69 acres
Lot
This split‑foyer charmer sits on a generous .69‑acre parcel in the Drexel area of Morganton and pairs practical updates with a flexible footprint. The main level stretches roughly 832 square feet and lays out two bedrooms and a full bath alongside a comfortable living area and efficient kitchen — a straightforward, easy‑care plan that works for first‑time buyers, downsizers, or anyone seeking single‑level living. New windows installed in 2023 give the primary rooms an upgraded feel and improved efficiency.
Descend to the lower level and you’ll find another 832 square feet designed for options: a cozy sitting space anchored by a wood‑burning fireplace, an in‑unit laundry area, and two distinct flex rooms that can serve as a home office, hobby studio, guest quarters, or exercise space. The split‑foyer layout naturally separates living and working zones, so remote work and family life coexist without compromise.
The sellers have kept things practical and low‑maintenance with major systems in good order — roof replaced in 2019 and HVAC replaced in 2016 — so much of the heavy lifting is already done. A deck allowance is available with an acceptable offer, making it easy to add an outdoor entertaining platform that takes advantage of the private yard. With almost three‑quarters of an acre, there’s room for a garden, play area, or a future outbuilding while still maintaining a relaxed, semi‑rural feel.
Beyond the physical improvements, this property is about potential: updates provide peace of mind, and the interior offers a neutral foundation ready for cosmetic personalization. Whether you’re polishing the main level, finishing the lower level for rental income or multi‑generational living, or creating an expansive outdoor retreat, this home gives you the structure to make it yours. Conveniently located in the Morganton/Drexel corridor, it balances country space with access to town services and regional roadways. Don’t miss a practical, well‑maintained home with durable systems, a warming fireplace, and a large lot for expansion and outdoor living.
Drexel, within the Morganton mailing area, offers a relaxed small‑town atmosphere with easy access to everyday conveniences and regional routes. Residents appreciate the quieter streets, yard space, and community‑oriented feel while remaining only minutes from grocery, dining, and service options in Morganton. The area draws buyers who want a balance of semi‑rural privacy and practical proximity to schools, local shops, and recreational amenities — a comfortable setting for families, remote workers, and anyone seeking more outdoor breathing room.
This listing is priced at $240,000, which aligns with the valuation midpoint provided by market data for this address (estimated midpoint $240,000; price per sq. ft. ~$138). For buyers focused on value, properties in the sub‑$300K segment remain attractive: they typically draw interest from first‑time buyers, small families, and buyers seeking low‑maintenance ownership with upside. The split‑foyer product — two distinct living zones with separate finishing potential — often performs well because it suits flexible household needs and offers options for finished‑basement living without a full two‑story footprint.
Sellers benefit from having completed key capital items (roof 2019, HVAC 2016, new windows 2023), reducing contingency hesitancy and supporting a smoother underwriting path for many buyers. While local market dynamics such as exact days on market and active inventory fluctuate week to week, affordable single‑family homes with solid systems and usable lots tend to see steady demand. This is a good opportunity for buyers wanting immediate occupancy and future value enhancement through cosmetic updates or modest investment in outdoor living (deck allowance offered).
Good access to parks and outdoor options within a short drive; generous private yard on .69 acres offers immediate outdoor recreation and gardening space.
Low
$230K
Midpoint
$240K
High
$250K
$138/SF estimated price per square foot
Derived from Redfin listing LD+JSON
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Drexel, within the Morganton mailing area, offers a relaxed small‑town atmosphere with easy access to everyday conveniences and regional routes. Residents appreciate the quieter streets, yard space, and community‑oriented feel while remaining only minutes from grocery, dining, and service options in Morganton. The area draws buyers who want a balance of semi‑rural privacy and practical proximity to schools, local shops, and recreational amenities — a comfortable setting for families, remote workers, and anyone seeking more outdoor breathing room.
Market data is based on aggregated public records and may not reflect real-time conditions.
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