4950 Canterbury Place Morganton, NC $ 2,400,000
4950 Canterbury Place
$ 2,400,000
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4950 Canterbury Place

Morganton, NC, 28655
$ 2,400,000
Bedrooms5 Baths5.1 Sq 6,579

Monthly Estimate*

$ 16,576

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Single Family Home for sale in Morganton, NC

for $2,400,000 with 5 bedrooms and 5 full baths, 1 half bath. This 6,579 square foot home was built in 1994 on a lot size of 1.14.

Waterfront estate situated on its own private peninsula along the pristine shores of Lake James. Sweeping, unobstructed views of the lake and surrounding mountains greet you from the wrap-around porch where Golden Hour sunsets are nothing short of extraordinary. The property is designed for easy indoor-outdoor living and entertaining with thoughtfully designed water features including 3 waterfalls and a goldfish pond, a large green space ready for croquet or even a regulation size pickleball or badminton court, a brand-new dock, a fire-pit set on the point, and 450 feet of private shoreline. A timeless Victorian home spans three levels rich in character. Inside, a dramatic foyer with soaring ceilings and a curved staircase makes a striking first impression, while the two-story circular library stands as a true architectural centerpiece. The main level is thoughtfully laid out for both everyday living and hosting, with generous living and dining spaces, a cozy den, and a kitchen complete with a wood-burning fireplace and easy access to the outdoor areas. The primary suite features a private balcony and spa-inspired bath, while additional bedrooms, flexible living areas, and a finished lower level plumbed for a kitchen provide ample space for guests, friends, and family. A truly one-of-a-kind Lake James property that must be experienced to be fully appreciated. Owner is financing available at 3.25% — a rare opportunity for a property this distinctive.

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Single Family Contingent

Price

$ 2,400,000

Bedrooms

5

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Victorian

Lot Size

1.14

Year Built

1994

Town/City

Morganton

County/Region

Burke

MLS | Web ID

4368973

Features
General
Living Area 6579
Sewer Septic Installed
Heating Heat Pump Zoned
Cooling Central Air Heat Pump Zoned
Roof Architectural Shingle
Appliances Dishwasher Gas Oven Gas Range Refrigerator with Ice Maker Trash Compactor Washer/Dryer
Patio/Porch Features Balcony Covered Front Porch Wrap Around
Architectural Style Victorian
Construction Materials Vinyl
Year Built 1994
View Long Range Mountain(s) Water Year Round
Levels Three
Property Subtype Single Family Residence
Parcel Number 48205
Waterfront Features Beach - Private Dock
Community Features Clubhouse Outdoor Pool Street Lights Tennis Court(s)
County Burke
New Construction N
Property Type Residential
HOA Y
Subdivision Name East Shores
Garage Y/N N
Other Structures Shed(s)
Full Baths 5
High School Freedom
City Morganton
Body of Water Lake James
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Glen Alpine
Middle/Junior High School Table Rock
Additional Parcels Y/N N
Virtual Tour https://listings.ondreammedia.com/video/HxNIKN1DG500yMDcWocGBspyUsz9QGJqyDoJerYvus7M https://listings.ondreammedia.com/video/HxNIKN1DG500yMDcWocGBspyUsz9QGJqyDoJerYvus7M
Standard Status Active Under Contract
Construction Type Site Built
Restrictions Rental – See Restrictions Description
Tax Assessed Value 1856541
Listing Terms Cash Conventional Owner Financing
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Interior
Interior Amenities Built-in Features Entrance Foyer Garden Tub Kitchen Island Pantry Storage Walk-In Closet(s) Walk-In Pantry
Basement Basement Shop Full Interior Entry Partially Finished Storage Space Walk-Out Access Walk-Up Access Other
Flooring Carpet Tile Wood
Fireplace Features Den Family Room Gas Starter Kitchen Living Room Primary Bedroom Propane Recreation Room Wood Burning
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 5181
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 5
Below Grade Finished Area 1398
Total Baths 6
SqFt Main 2591
SqFt Lower 0
SqFt Upper 1933
Bedroom 0
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Exterior
Exterior Amenities Fire Pit Dock - Floating In-Ground Irrigation Outdoor Shower
Parking Features Driveway
Lot Features Cul-De-Sac Green Area Level Private Wooded Views Waterfront
Water Source Public
Lot Size Area 1.14
Foundation Details Basement Crawl Space
Road Surface Type Asphalt Paved
Door Features French Doors
Other Equipment Fuel Tank - Owned
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 4950
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* Excluded Features
List By
Patton Allen Real Estate Llc

Broker

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$16,576
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$16,576
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2129479 Elementary School
371304 Middle School
Freedom High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$2,400,000 Listed Price

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4950 Canterbury Place, Morganton, NC, 28655 is a Single Family Home for sale at $2,400,000 with 6,579 sqft and a lot size of 1.14. 4950 Canterbury Place has 5 bedrooms, 5.1 baths, and was built in 1994. The property's zip code is 28655 which is in Morganton, NC