Location, Location, Location. A Rare Opportunity in Falling Water. Discover the perfect canvas for your dream home in the heart of the prestigious Falling Water community. This exceptional 1.14 +/- acre homesite offers a rare blend of privacy, natural beauty and breathtaking views, creating an extraordinary setting for luxury living. Positioned gracefully at the top of the property, the homesite captures stunning panoramic views of Cheat Lake, offering a picturesque backdrop for morning sunrises and tranquil evenings. Surrounded by the beauty of nature and the serenity that defines Falling Water, this property provides the ideal balance of peaceful retreat and convenient accessibility. With access from both Falling Water Lane and Tranquility Way, the lot offers unique flexibility for architectural design, driveway placement and estate planning. The gently rolling acreage provides abundant space to create a custom residence complete with outdoor living areas, lush landscaping and expansive entertaining spaces. Opportunities like this are increasingly rare a premier homesite in one of the areas most sought-after communities where elegance, tranquility and natural beauty come together. Build the home you have always envisioned and experience the luxury lifestyle that Falling Water and Cheat Lake are known for. A truly remarkable setting where your dream home begins.
Lot/land
$59,500
41 Falling Water Ln, Morgantown, WV 26508
--beds
--baths
1.14Acres
Unimproved Land
Built in ----
1.14 Acres Lot
$1,046,900 Zestimate®
$--/sqft
$125/mo HOA
What's special
Breathtaking viewsNatural beautyGently rolling acreage
- 164 days |
- 159 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
SUSAN PAPPAS 304-282-2463,
HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC,
MATTHEW VEITH 304-777-7028,
HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC
Source: NCWV REIN,MLS#: 10163699
Facts & features
Interior
Basement
- Level: Basement
Property
Features
- Fencing: None
- Has view: Yes
- View description: Mountain(s), Neighborhood, Lake or River
- Has water view: Yes
- Water view: Lake or River
- Waterfront features: None
- Frontage length: 131
Lot
- Size: 1.14 Acres
- Dimensions: 140 x 162 x 131 x 50 x 261
- Features: Wooded, Easements, Sloped, Under 3 Acres, Storm Drains
Details
- Parcel number: 3118008F0013000
- Zoning description: Single Family Residential,Residential
Utilities & green energy
- Sewer: City Sewer Available
- Water: City Water Available
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Underground Utilities
Community & HOA
Community
- Features: Suburban
- Subdivision: Falling Water
HOA
- Has HOA: Yes
- Services included: Other, Road Maint. Agreement, Snow Removal
- HOA fee: $1,500 annually
Location
- Region: Morgantown
Financial & listing details
- Tax assessed value: $1,051,600
- Annual tax amount: $729
- Date on market: 3/13/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,046,900
$817,000 - $1.29M
$5,539/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Price change | $59,500-4.8% |
Source:  NCWV REIN #10163699 Report a problem | ||
| 3/13/2026 | Listed for sale | $62,500 |
Source: NCWV REIN #10163699 Report a problem | ||
| 1/1/2026 | Listing removed | $62,500 |
Source: NCWV REIN #10155693 Report a problem | ||
| 8/27/2025 | Listed for sale | $62,500 |
Source: NCWV REIN #10155693 Report a problem | ||
| 8/6/2025 | Listing removed | $62,500 |
Source: NCWV REIN #10155693 Report a problem | ||
| 9/23/2024 | Price change | $62,500-13.8% |
Source: NCWV REIN #10155693 Report a problem | ||
| 8/6/2024 | Listed for sale | $72,500+5.8% |
Source: NCWV REIN #10155693 Report a problem | ||
| 5/23/2024 | Listing removed | -- |
Source: NCWV REIN #10152031 Report a problem | ||
| 11/23/2023 | Listed for sale | $68,500-93.9% |
Source: NCWV REIN #10152031 Report a problem | ||
| 4/1/2021 | Listing removed | -- |
Source: NCWV REIN #10131882 Report a problem | ||
| 12/14/2020 | Sold | $1,125,000+2154.5% |
Source: Public Record Report a problem | ||
| 11/27/2020 | Listed for sale | $49,900-95.4% |
Source: NCWV REIN #10131882 Report a problem | ||
| 9/9/2020 | Listing removed | $1,095,000 |
Source: Owner Report a problem | ||
| 8/21/2020 | Price change | $1,095,000-4.8% |
Source: Owner Report a problem | ||
| 6/5/2020 | Price change | $1,150,000-3.8% |
Source: Howard Hanna - Morgantown - Premier Properties by Barbara Alexander, LLC #10129867 Report a problem | ||
| 12/13/2019 | Price change | $1,195,000+6.2% |
Source: Owner Report a problem | ||
| 9/28/2019 | Price change | $1,125,000+1509.4% |
Source: Owner Report a problem | ||
| 9/16/2019 | Price change | $69,900-93.8% |
Source: BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY #10123600 Report a problem | ||
| 9/4/2019 | Price change | $1,125,000-4.3% |
Source: Howard Hanna - Morgantown - Premier Properties by Barbara Alexander, LLC #10121955 Report a problem | ||
| 6/18/2019 | Price change | $1,175,000-1.7% |
Source: Howard Hanna - Morgantown - Premier Properties by Barbara Alexander, LLC #10121955 Report a problem | ||
| 1/5/2019 | Price change | $1,195,000+1454% |
Source: Owner Report a problem | ||
| 11/6/2018 | Price change | $76,900-93.6% |
Source: Howard Hanna - Morgantown - Premier Properties by Barbara Alexander, LLC #10121955 Report a problem | ||
| 10/29/2018 | Price change | $1,195,000-2.4% |
Source: Howard Hanna - Morgantown - Premier Properties by Barbara Alexander, LLC #10121955 Report a problem | ||
| 8/30/2018 | Price change | $1,225,000-3.9% |
Source: Howard Hanna - Morgantown - Premier Properties by Barbara Alexander, LLC #10121955 Report a problem | ||
| 7/27/2018 | Listed for sale | $1,275,000+1126% |
Source: HOWARD HANNA #10121955 Report a problem | ||
| 7/13/2015 | Sold | $104,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,741 +7.6% | $630,960 +7.3% |
| 2024 | $6,266 +5.3% | $588,060 +5.7% |
| 2023 | $5,953 +5.8% | $556,560 +1.4% |
| 2022 | $5,627 | $549,120 |
| 2021 | -- | $549,120 +14.6% |
| 2020 | -- | $479,040 |
| 2019 | $4,991 -0.3% | $479,040 |
| 2018 | $5,007 +7% | $479,040 +7.5% |
| 2017 | $4,680 +689.1% | $445,440 +694% |
| 2016 | $593 | $56,100 |
| 2015 | $593 -47.7% | $56,100 +25% |
| 2014 | $1,134 | $44,880 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Cheat Lake
Nearby schools
GreatSchools rating
- 9/10Cheat Lake Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 9/10Mountaineer Middle SchoolGrades: 6-8Distance: 7 mi
- 9/10University High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Cheat Lake Elementary
- Middle: Mountaineer Middle
- High: University High
- District: Monongalia
Source: NCWV REIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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