This is a stunning MULTI FAMILY or RENTAL OPPORTUNITY PROPERTY. A steal at under $500k!!! BRAND NEW ROOF on the main house and carport! 3 separate living quarters! Each with its own parking areas, 2 large carports and a circular drive. It features the main house with a bedroom & full bath on the main floor & a full bath/bed upstairs.A BEAUTIFUL LARGE KITCHEN with new fingerprint-resistant stainless steel appliances (which stay) LOOKS OUT TO THE GORGEOUS POOL & lush yard.The main house has a door that leads to the adjacent apartment which has a bedroom/office on the main level & a living room, kitchen, bedroom, & full bathroom/laundry room upstairs.The apartment has it's own huge carport(that can accommodate tall trucks or RV's) & 2 outside access doors.The cottage is a charming separate 1 bedroom, living room, kitchen, laundry, bathroom, home that has a private back deck & parking area.The main house features 2 enclosed sunroom/porches & you can enjoy the evening's sunsets from the upper EAGLE'S NEST DECK WITH CAPTIVATING VIEWS OF THE MOUNTAINS. A great property for entertaining with a huge covered front porch, several decks, a gazebo, a koi pond, greenhouse, countless flowering bushes and beautiful trees with mountain views & a gorgeous in-ground pool. Pool solar blanket,cover & furniture to remain. All 3 sets of washers & dryers to stay. All 3 refrigerators to stay. At the property it feels like you are miles away from the hustle and bustle, but conveniences are close by. Just a few minutes to i-40, restaurants, grocery stores, medical practices, the hospital and the greenway. It is also close to the charming downtown of Morganton where they hold concerts, festivals and other fun entertainment. NO HOA!
Closed
$437,000
227 Reep Dr, Morganton, NC 28655
5beds
2,919sqft
Single Family Residence
Built in 1920
0.86 Acres Lot
$-- Zestimate®
$150/sqft
$1,139 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,139/mo
Zestimate® history
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$2,583/mo
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List your homeWhat's special
Koi pondGorgeous in-ground poolHuge covered front porchSeveral decksBeautiful large kitchenCircular driveOwn parking areas
Zillow last checked:
Listing updated:
Listing Provided by:
Lisa Hines myagentlisahines@gmail.com,
Hines Rose Realty LLC
Bought with:
Lynn DeLoi
New Trails Realty Inc
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4280318
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 2
Primary bedroom
- Level: Upper
- Area: 289.04 Square Feet
- Dimensions: 23' 9" X 12' 2"
Heating
- Heat Pump, Wall Furnace
Cooling
- Ceiling Fan(s), Central Air, Window Unit(s)
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator with Ice Maker, Washer/Dryer
- Laundry: Utility Room, Multiple Locations
Features
- Soaking Tub, Storage, Walk-In Closet(s), Total Primary Heated Living Area: 2236
- Flooring: Tile, Vinyl, Wood
- Doors: French Doors, Screen Door(s), Sliding Doors, Storm Door(s)
- Windows: Skylight(s)
- Has basement: No
Interior area
- Total structure area: 2,236
- Total interior livable area: 2,919 sqft
- Finished area above ground: 2,236
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Circular Driveway, Shared Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
- Details: Circular driveway with tall large carports on both sides of the main house and apartment. Cottage has parking area next to front door.
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Enclosed, Front Porch, Glass Enclosed, Patio, Porch, Rear Porch, Side Porch, Terrace
- Exterior features: Rooftop Terrace, Storage
- Has private pool: Yes
- Pool features: Fenced, In Ground, Outdoor Pool
- Has view: Yes
- View description: Mountain(s), Year Round
Lot
- Size: 0.86 Acres
- Features: Views
Details
- Additional structures: Gazebo, Greenhouse, Shed(s)
- Parcel number: 1782098516
- Zoning: AB0
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Morganton
- Subdivision: none
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Sold | $437,000-12.4%$150/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4280318 Report a problem | ||
| 3/12/2026 | Pending sale | $499,000$171/sqft |
Source: Canopy MLS as distributed by MLS GRID #4280318 Report a problem | ||
| 11/6/2025 | Price change | $499,000-9.1%$171/sqft |
Source: Canopy MLS as distributed by MLS GRID #4280318 Report a problem | ||
| 8/10/2025 | Price change | $549,000-6.8%$188/sqft |
Source: Canopy MLS as distributed by MLS GRID #4280318 Report a problem | ||
| 7/11/2025 | Listed for sale | $589,000+353.1%$202/sqft |
Source: Canopy MLS as distributed by MLS GRID #4280318 Report a problem | ||
| 7/31/2014 | Sold | $130,000$45/sqft |
Source: Canopy MLS as distributed by MLS GRID #B25877 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | $1,748 +45.9% | $8,632 -94.7% |
| 2018 | $1,198 +2.7% | $162,015 |
| 2017 | $1,167 | $162,015 |
| 2016 | $1,167 +13.6% | $162,015 -8.1% |
| 2015 | $1,027 | $176,374 |
Find assessor info on the county website
Neighborhood: 28655
Nearby schools
GreatSchools rating
- 7/10Glen Alpine ElementaryGrades: PK-5Distance: 1 mi
- 7/10Table Rock MiddleGrades: 6-8Distance: 2.2 mi
- 4/10Freedom HighGrades: 9-12Distance: 2.9 mi
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- North Carolina
- Burke County
- Morganton
- 28655
- 227 Reep Dr
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