c.1935 North Carolina Farmhouse For Sale on 3.34 Acres Under $100K

OHU50K Notes $99,900

This rusticated concrete block North Carolina farmhouse for sale on 3.34 acres needs work, but it has a lot of possibilities. The home has four bedrooms, two baths, eat-in kitchen, and the lot has the possibility of being subdivided. Drawbacks include no heat, and although it is set back behind trees, the home is on a high traffic road.

Realtor Comments

Old Homestead on 3.34 Acres! Beautiful land provides several investment possibilities. The home is in disrepair and needs significant renovations to deem livable. Tax card shows 5 bedrooms, 2.5 baths. According to Burke County Planner, the land can be divided into .58 acre lots and double wide homes with vinyl siding and shingle roofs can be placed on each lot. There are a couple of outbuildings, including a garage. The land is fairly level and fronts US NC HWY 18/64. This property will not qualify for conventional financing. Must be a cash transaction

4bed
2bath
Circa 1935

Location of This North Carolina Farmhouse For Sale on 3.34 Acres

Morganton, North Carolina, is a small city located in the foothills of the Blue Ridge Mountains. It offers a blend of natural beauty, historical charm, and a close-knit community. However, like any place, it has its advantages and disadvantages. Here’s a look at some of the pros and cons of living in Morganton:

Pros:

Scenic Beauty:
- Morganton is surrounded by the stunning landscapes of the Blue Ridge Mountains, providing residents with picturesque views and abundant opportunities for outdoor activities such as hiking, fishing, and camping.
Affordable Cost of Living:
- The cost of living in Morganton is relatively low compared to larger cities, making it an attractive option for those looking for affordable housing and everyday expenses.
Small-Town Charm:
- The city has a charming, small-town atmosphere with a strong sense of community. Residents often know their neighbors, and there are numerous local events and festivals that foster a close-knit community spirit.
Historic Downtown:
- Morganton’s downtown area is historic and vibrant, featuring a variety of shops, restaurants, and cultural attractions. It serves as a hub for social and economic activities in the city.
Quality of Life:
- The city offers a good quality of life with access to good schools, healthcare facilities, and recreational amenities. The pace of life is slower and more relaxed, which many find appealing.
Proximity to Larger Cities:
- Morganton is conveniently located within driving distance of larger cities such as Asheville and Charlotte, providing access to more extensive amenities and job opportunities while allowing residents to enjoy a quieter, more rural lifestyle.
Climate:
- The climate in Morganton is generally mild, with four distinct seasons. Residents can enjoy a variety of seasonal activities throughout the year.

Cons:

Limited Job Market:
- While there are job opportunities in Morganton, particularly in healthcare, education, and manufacturing, the job market is more limited compared to larger urban areas. This can be a challenge for those seeking employment in specialized fields.
Limited Entertainment Options:
- While the city offers some cultural and recreational activities, the options for entertainment, dining, and nightlife are more limited compared to larger cities. Residents often need to travel to nearby cities for more diverse options.
Public Transportation:
- Public transportation options in Morganton are limited, which means that owning a car is essential for getting around the city and surrounding areas.
Pace of Development:
- Some residents may find the pace of development and modernization to be slow. While this can contribute to the small-town charm, it may also mean fewer modern amenities and services.
Weather:
- While the climate is generally mild, summers can be hot and humid, and winters can occasionally bring snow and ice. This may not be ideal for everyone.
Healthcare Access:
- While there are healthcare facilities in Morganton, those with specialized medical needs might need to travel to larger cities for certain treatments and services.