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1568 Watermill Road
Morganton, NC 28655

$1,000,000
Lake James

DIRECT lakefront property!

Single Family:
3 bedrooms, 3 full baths, 0 half baths

Burke
(None)
Fireplaces:

This 74.06-acre unrestricted property features long-range mountain views, Canoe Creek running the length of the property with several access points to the water, and approximately 2 miles of hiking and 4wheeler trails for enjoying your private mountain sanctuary. It includes a 2,351 sqft 3BR, 3BA 2story home built in 2020 along with multiple other potential build sites throughout, and an open, grassy field perfect for picnics, bonfires and recreation. The property sits across the street from the 652 acre Oak Hill Community Park and Forest which hosts over 20 miles(and growing) of mountain biking and hiking trails. Lake James and Lake James State Park are less than 15 mins away for water sports, hiking and more mountain biking for adrenaline enthusiasts. The towns of Old Fort, Black Mountain, Boone, Blowing Rock and Asheville are all less than an hour's drive from the property. Historic downtown Morganton which offers shopping several grocery stores, restaurants, breweries and wineries is just 10 minutes away by vehicle; Enjoy the Historic Morganton Festival in September, the TGIF series that runs from May through July and the Winter Carnival and Downtown Lighting to start the Christmas holidays; These 74 acres offer a blend of privacy, natural beauty and development potential while remaining pristine and with breathtaking views; This is the perfect setting for your own private estate, a family compound, a hunting property, an eco-tourism venture including camping and glamping, an AirBnB or as a legacy investment; Explore the remaining foundation of the old JD Pitts Dam and Mill site on the property in Canoe Creek where grain was milled using the dam, water wheel and grinding wheels; Game on the property include deer, turkey, rabbit, dove, and an occassional bear, and more; The custom-designed, like-new 2story home has a 1st floor bedroom and full bathroom, an open layout and 2 primary and secondary owner's suites; The entry room has 2 closets and a vaulted, shiplap ceiling; The kitchen has a wonderful view of the backyard landscaping and hill along with a large island and stainless appliances; The dining room has a comfortable window seat and a table made from local harvested wood; The living room has plenty of natural light coming in and a sliding glass door to the spacious, covered rear deck with its wood stove; The left side owner's suite has an office area and balcony, a loft area, the laundry and a full bathroom with a tiled and glass stall shower; The right side owner's suite with its own private access and stairway has a large walk-in closet / office and a full bathroom with a stall shower; Other desirable features include a 1st floor workstation, shiplap walls, wood laminate planking and ceramic tile flooring, a hot tub and 2 mini-split heat/air units with 5 trunk lines; The outdoor space includes a landscaped front natural area, a fire pit and backyard access to the trail system; The attached garage and attached storage area give you valuable storage area; The detached garage has electric, a concrete floor and a rear lean-to perfect for a tractor or side-by-side; The property was accepted in March 2026 to the NC Present-Use Value program which provides tax incentives to the property owner;

Property Information

Total Living Area: 2351 sq. ft.
Garage/Parking: Driveway, Attached Garage, Detached Garage
Approx. Acres: 74.06
Living Area - Main Level: 1098 sq. ft.
Living Area - 2nd Floor: 1253 sq. ft.
Living Area - Lower: 0 sq. ft.

Room Details

Primary Bedroom:Upper level
Dining Room: level
Kitchen:Main level
Living Room:Main level
Laundry:Upper level
Office:Upper level
2nd Primary:Upper level

Features

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Other Property Information

Year Built: 2020

Tax Information

Taxes:
Parcel #: 63751

Listed by Bob Warchol of Keller Williams Unified

CMLS # CAR4405514

© MLS GRID. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by Canopy MLS, if any, and as amended from time to time. 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.

Canopy MLS data last updated on Friday, May 29, 2026 at 12:18 PM

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