StatusAccepting Backup Offers (Active Under Contract)
About 4311 Gwaltney Rd
Discover the vast potential of this remarkable 184.372-acre property located in the scenic foothills of Western North Carolina. Zoned for residential use, this expansive tract offers an ideal opportunity for development or a private retreat. The land was timbered in 2022, leaving a network of logging roads. A tributary of Canoe Creek runs through a portion of the land. There is a possibility of a flood zone, it is not currently reflected on the official flood maps. Property has a scenic overlay, ensuring that any future development will maintain the area's natural charm and aesthetic appeal. Present Use Program offers tax benefits. Survey from 2019 available. Deed Restrictions. Closest public waterline runs along Highway 126. Whether you're looking to create a residential community or seeking a secluded haven surrounded by nature, this property offers endless possibilities. Don't miss this rare opportunity to own a piece of North Carolina's pristine landscape.
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Office Email: lemulwee@bellsouth.net
Exterior Features
Exterior Information:
View: Other
Virtual/3D Tour
Virtual Tour: 4311 Gwaltney Rd
Virtual Tour
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $3,642
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Morganton, NC.
This property is $1.2M more than the Median Sold Price in Morganton, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4170082
Listing Office:
Office Name: Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Office Email: lemulwee@bellsouth.net
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Oak Hill Elementary School
2363 NC 181
Distance between this listing and this school3.28 miles
Public District Grades PK-5
7
/10
Glen Alpine Elementary School
302 London St
Distance between this listing and this school4.70 miles
Public District Grades PK-5
4
/10
W.A. Young Elementary School
325 Conley Rd
Distance between this listing and this school5.40 miles
Public District Grades PK-5
Nearby Schools
5
/10
Table Rock Middle School
1585 NC 126
Distance between this listing and this school3.38 miles
Public District Grades 6-8
3
/10
Walter Johnson Middle School
701 Lenoir Rd
Distance between this listing and this school6.83 miles
Public District Grades 6-8
6
/10
New Dimensions
550 Lenoir Rd
Distance between this listing and this school7.13 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Freedom High School
511 Independence Blvd
Distance between this listing and this school6.00 miles
Public District Grades 9-12
9
/10
Burke Middle College
1001 Burkemont Ave
Distance between this listing and this school8.28 miles
Public District Grades 11-12
8
/10
Robert L. Patton High School
701 Enola Rd
Distance between this listing and this school9.93 miles
The neighbors living near this home have an average income of $47,903. Residents of Morganton, NC typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4311 Gwaltney Rd
What is the listing price of this property?
The listing price of 4311 Gwaltney Rd property is $1,500,000.
What type of property is this?
The property 4311 Gwaltney Rd is land located in Morganton, North Carolina, 28655.
Is this property for sale now?
Accepting Backup Offers: 4311 Gwaltney Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,642 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 2, 2019 for $500,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4311 Gwaltney Rd in Morganton, NC and zip code 28655. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $1,500,000.
While more than 5 listings in Morganton, NC in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 38 were sold below. The number of listings in Morganton, NC increased by 2.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $265,000, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Hunting
Hunting
NASCAR
Monster Trucks
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Bob Evans
Ram
GMC
Chevrolet
Classic Country
New Country