Morganton Investment Opportunity. 71+-acres near downtown Morganton now available. Zoning allows for multiple possibilities including residential development, multi-family homes, or commercial development. Currently a historic 2-story, 6BR/2BA farm house sits on E. Union Street. A store front also sits on E. Union Street. Originally H.D. Leonhardt Store, circa 1910, it was one of the only general stores providing goods from western Burke County to Hickory, and was highly successful due to its goods and convenient location. A 3BR/1BA cottage sits behind the store front. The distinguished old property was formally the Leonhardt Estate on Leonhardt Hill, and includes the store building, a smokehouse, well house, hen house/barn, mother-in-law cottage and the prominent farm home, which features a generous wrap-around porch, large kitchen, sitting room, grand dining room, living room, second story balcony, second story living area, in addition to the 6 bedrooms and 2 baths.
Active
$3,199,000
1307 E Union St, Morganton, NC 28655
--beds
--baths
71Acres
Unimproved Land
Built in ----
71 Acres Lot
$629,300 Zestimate®
$--/sqft
$-- HOA
What's special
Generous wrap-around porchLarge kitchenSecond story balconySitting roomGrand dining room
- 544 days |
- 86 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: October 15, 2025 at 07:27am
Listing Provided by:
Allen Curtis AllenKCurtis@gmail.com,
C Shane Cook & Associates
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4151645
Facts & features
Property
Features
- Has view: Yes
- View description: Long Range
- Waterfront features: None, Creek, Creek/Stream
- Frontage length: Road Frontage: 430
Lot
- Size: 71 Acres
- Features: Level, Paved, Private, Wooded
Details
- Additional structures: Residence, Outbuilding, Shed(s), Workshop, Other
- Additional parcels included: REID's: 433, 61531 & 8073 & 8075 & 8076
- Parcel number: 2704905583
- Zoning: MID
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Morganton
Financial & listing details
- Tax assessed value: $216,660
- Annual tax amount: $2,205
- Date on market: 6/15/2024
- Cumulative days on market: 225 days
- Road surface type: Paved
Estimated market value
$629,300
$516,000 - $768,000
$1,272/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Price change | $3,199,000+10.3% |
Source: | ||
| 9/24/2024 | Pending sale | $2,899,000 |
Source: | ||
| 6/15/2024 | Listed for sale | $2,899,000 |
Source: | ||
| 1/1/2024 | Listing removed | -- |
Source: | ||
| 5/23/2023 | Listing removed | $2,899,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,205 -0.7% | $379,909 |
| 2024 | $2,220 +0.2% | $379,909 |
| 2023 | $2,215 | $379,909 +257.5% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 28655
Nearby schools
GreatSchools rating
- 7/10Hillcrest ElementaryGrades: PK-5Distance: 0.6 mi
- 4/10Walter R Johnson MiddleGrades: 6-8Distance: 2.4 mi
- 5/10Freedom HighGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Hillcrest
- Middle: Walter Johnson
- High: Freedom
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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