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!
Closed
$327,500
368 Settlemyre Rd, Morganton, NC 28655
3beds
2,828sqft
Single Family Residence
Built in 1909
6.19 Acres Lot
$328,700 Zestimate®
$116/sqft
$2,074 Estimated rent
Home value
$328,700
$312,000 - $345,000
$2,074/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 21, 2025 at 06:06pm
Listing Provided by:
Shane Cook cshanecook@yahoo.com,
C Shane Cook & Associates
Bought with:
Daisy Donnahue
Western Piedmont Real Estate, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4264485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Den
- Level: Upper
Kitchen
- Level: Main
Living room
- Level: Main
Sunroom
- Level: Main
Heating
- Forced Air, Heat Pump, Radiant
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Gas Range, Refrigerator
- Laundry: In Bathroom, Main Level
Features
- Total Primary Heated Living Area: 2454
- Flooring: Wood
- Has basement: No
- Fireplace features: Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 2,454
- Total interior livable area: 2,828 sqft
- Finished area above ground: 2,454
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Circular Driveway, Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Enclosed, Front Porch, Rear Porch
Lot
- Size: 6.19 Acres
- Features: Wooded
Details
- Additional structures: Workshop
- Parcel number: 2724411490
- Zoning: R-20
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Cable Available, Electricity Connected, Propane, Wired Internet Available
Community & neighborhood
Location
- Region: Morganton
- Subdivision: None
Other
Other facts
- Listing terms: Cash,FHA 203(K)
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $327,500-2.2%$116/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4264485 Report a problem | ||
| 10/10/2025 | Pending sale | $335,000$118/sqft |
Source: Canopy MLS as distributed by MLS GRID #4264485 Report a problem | ||
| 9/19/2025 | Price change | $335,000-4.3%$118/sqft |
Source: Canopy MLS as distributed by MLS GRID #4264485 Report a problem | ||
| 7/24/2025 | Listed for sale | $350,000$124/sqft |
Source: Canopy MLS as distributed by MLS GRID #4264485 Report a problem | ||
| 7/20/2025 | Pending sale | $350,000$124/sqft |
Source: Canopy MLS as distributed by MLS GRID #4264485 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28655
Nearby schools
GreatSchools rating
- 7/10Drexel PrimaryGrades: PK-5Distance: 0.7 mi
- 4/10Heritage MiddleGrades: 6-8Distance: 2 mi
- 8/10Jimmy C. Draughn High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Drexel
- Middle: Heritage
- High: Jimmy C Draughn
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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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$328,700
2% more+ $6,574
With Zillow Showcase(estimated)
$335,274