7042 Martin Ln, Morganton, NC 28655
What's special
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.
- 148 days
- 388
- 37
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Alissa Puig alissa.puig@betterfoothills.com,
Better Homes and Gardens Real Estate Foothills
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: 2nd Living Quarters
Bathroom full
- Level: Main
Bathroom full
- Level: 2nd Living Quarters
Heating
- Baseboard, Electric, Propane
Cooling
- Electric, Wall Unit(s), Window Unit(s)
Appliances
- Included: Electric Range, Microwave, Refrigerator, Washer/Dryer
- Laundry: Inside, Laundry Room
Features
- Total Primary Heated Living Area: 864
- Has basement: No
- Fireplace features: Propane
Interior area
- Total structure area: 864
- Total interior livable area: 1,120 sqft
- Finished area above ground: 864
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Wrap Around
- Exterior features: Fire Pit
- Pool features: Community
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 4.21 Acres
Living quarters
- Secondary living space: 256 sqft
- Secondary features: Guest House,Separate Entrance
Details
- Additional structures: Shed(s)
- Additional parcels included: 1678797388, 1678796332, 1678795218, 1678794204, 1678792250
- Parcel number: 1678799530
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space, Other - See Remarks
- Roof: Metal
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Septic Installed
- Water: Community Well, Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Clubhouse, Gated, Picnic Area
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: Yes
- HOA fee: $225 monthly
Location
- Region: Morganton
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $181,979
- Annual tax amount: $855
- Date on market: 5/28/2026
- Cumulative days on market: 266 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $319,500-1.7%$285/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4385608 Report a problem | ||
| 8/19/2026 | Price change | $325,000-4.1%$290/sqft |
Source: Canopy MLS as distributed by MLS GRID #4385608 Report a problem | ||
| 7/15/2026 | Price change | $339,000-2.9%$303/sqft |
Source: Canopy MLS as distributed by MLS GRID #4385608 Report a problem | ||
| 6/29/2026 | Price change | $349,000-3%$312/sqft |
Source: Canopy MLS as distributed by MLS GRID #4385608 Report a problem | ||
| 5/28/2026 | Listed for sale | $359,900+26.3%$321/sqft |
Source: Canopy MLS as distributed by MLS GRID #4385608 Report a problem | ||
| 5/1/2026 | Listing removed | $284,999$254/sqft |
Source: Canopy MLS as distributed by MLS GRID #4331737 Report a problem | ||
| 4/8/2026 | Price change | $284,999-1.7%$254/sqft |
Source: Canopy MLS as distributed by MLS GRID #4331737 Report a problem | ||
| 3/13/2026 | Price change | $290,000-1.7%$259/sqft |
Source: Canopy MLS as distributed by MLS GRID #4331737 Report a problem | ||
| 2/25/2026 | Price change | $295,000-23.4%$263/sqft |
Source: Canopy MLS as distributed by MLS GRID #4331737 Report a problem | ||
| 1/3/2026 | Listed for sale | $385,000$344/sqft |
Source: Canopy MLS as distributed by MLS GRID #4331737 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $855 -0.9% | $154,103 |
| 2024 | $863 | $154,103 |
| 2023 | $863 +44.1% | $154,103 +78.8% |
| 2022 | $599 +41.5% | $86,178 +41.5% |
| 2021 | $423 | $60,919 |
| 2020 | $423 | $60,919 |
| 2019 | $423 | $60,919 |
Monthly payment
Estimated market value
$314,800
$299,000 - $331,000
$1,687/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.