7042 Martin Lane
Morganton, NC, 28655 $ 319,500
Bedrooms3 Baths2.0 Sq 1,120 Monthly Estimate*
$ 2,207
for $319,500 with 3 bedrooms and 2 full baths. This 1,120 square foot home was built in 1985 on a lot size of 4.21.
Motivated Seller! Tucked away in a remote gated mountain community, this unique property offers the perfect blend of privacy, peace, and endless possibilities. Set on 0.74 acres and including 5 additional buildable lots for a total of 4.21 acres, this rare opportunity gives you room to expand, invest, or simply enjoy your own private mountain retreat. The property features a beautifully rustic main cabin with 2 bedrooms and 1 full bath, complete with a cozy fireplace that creates the perfect mountain-living atmosphere. A separate additional living space offers 1 bedroom and 1 full bath, ideal for guests, multi-generational living, or income-producing rental potential. A versatile shed on the property could easily become a studio, workshop, gym, playhouse, sauna, or extra storage space — the possibilities are truly endless. The spacious deck is also perfectly suited for adding a hot tub and creating your own relaxing outdoor oasis. Surrounded by nature and mountain views, you’ll love spending evenings on the large partially covered wraparound deck or gathering around the fire pit under the stars. Enjoy the peaceful wooded setting and experience true mountain living at its finest. The community also features an inground pool, clubhouse, and picnic area, all overlooking breathtaking views from approximately 2,500 feet in elevation. Adventure is always close by with South Mountain State Park and Lake James State Park just minutes away, offering hiking and biking trails, lake beach access, swimming, boating, fishing, and picnicking. Downtown Morganton is also nearby for local shopping, dining, and entertainment. Whether you're looking for a full-time residence, vacation getaway, short-term rental investment, or a combination of all three, this mountain property offers a lifestyle and opportunity that’s hard to find.
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FeaturesGeneralLiving Area 864
Sewer Septic Installed
Heating Baseboard Electric Propane
Cooling Electric Wall Unit(s) Window Unit(s)
Utilities Electricity Connected
Roof Metal
Appliances Electric Range Microwave Refrigerator Washer/Dryer
HOA Fee 225
Patio/Porch Features Deck Wrap Around
Architectural Style Cabin
Security Features Smoke Detector(s)
Construction Materials Wood
Year Built 1985
View Mountain(s)
Levels One
Property Subtype Single Family Residence
Parcel Number 1678799530
Community Features Clubhouse Gated Outdoor Pool Picnic Area
Additional Parcels Description 1678797388 1678796332 1678795218 1678794204 1678792250
Assoc Fee Paid Per Monthly
County Burke
New Construction N
Property Type Residential
HOA Y
Subdivision Name None
Garage Y/N N
Other Structures Shed(s)
Full Baths 2
High School Freedom
City Morganton
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School W.A. Young
Middle/Junior High School Table Rock
Additional Parcels Y/N Y
Virtual Tour https://tourwizard.net/cd11bf83/ https://tourwizard.net/cd11bf83/
Standard Status Active
Construction Type Site Built
Tax Assessed Value 181979
Listing Terms Cash Conventional FHA USDA Loan VA Loan
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ExteriorExterior Amenities Fire Pit
Parking Features Driveway
Water Source Community Well Well
Lot Size Area 4.21
Foundation Details Crawl Space Other - See Remarks
Road Surface Type Gravel Paved
Road Responsibility Private Maintained Road
Main Level Garage YN N
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InteriorFireplace Features Propane
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 864
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
SqFt Main 864
SqFt Lower 0
SqFt Upper 0
Bedroom 2
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* Excluded FeaturesList ByBetter Homes And Gardens Real Estate FoothillsBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,207
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Morganton, NC
Average List Price $455,990
Percent of Sale Price 43%
About Morganton, NC 17,279 Population
-2% Since 2002
$ 38,119 Median Income
39.41 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2198521 Elementary School
371304 Middle School
Freedom High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/4/2026 | $319,500 | -1.69% | Price Down |
| 8/19/2026 | $325,000 | -4.13% | Price Down |
| 7/15/2026 | $339,000 | -2.87% | Price Down |
| 6/29/2026 | $349,000 | -3.03% | Price Down |
| 5/28/2026 | $359,900 | | Listed Price |