For Sale $230,000
This 3-bedroom, 2-bath home sits on 1.02 acres with a full unfinished basement and spacious bedrooms featuring hardwood floors, a large living room, and multiple bonus rooms. The property has been vacant for some time and will require TLC to refresh the interior and bring systems up to modern standards. Recent updates include a new 200-amp electrical panel and a new hot water tank installed in the basement, along with city water and septic system, and Spectrum internet available. Outside, there’s ample storage including a metal garage/storage building, a second large double garage with multiple rooms and a plumbed-in bathroom, an attached lean-to, and a third wooden storage building—plus plenty of space for a garden. Located in the county between Morganton and Valdese, near I-40, this property offers potential to be transformed into a dream home, with a recent March 2026 appraisal listed below value, and the seller is willing to entertain all offers. Come take a look.
| List Price: | $230,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1682 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4399107 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1951 |
| Sewer Type: | Septic Installed |
| Elementary: | Drexel |
| Middle: | Heritage |
| High: | Jimmy C Draughn |
| Date | Event | Price | $/SQFT |
| 07-21-2026 | Listed | $230,000 | $137 |
| 01-28-2026 | Price Decrease | $414,990-5.68% | $247 |
| 12-11-2025 | Price Decrease | $439,990-0.23% | $262 |
| 11-22-2025 | Price Decrease | $440,990-4.34% | $263 |
| 10-12-2025 | Listed | $460,990 | $275 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| NC School for the Deaf | 5 miles | KG-06 | N/A |
| The New Dimensions School | 5 miles | KG-06 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1809 Drexel Road, Valdese NC | 0 mi | $230,000 | days | |
| 1839 Drexel Road, Valdese NC | 0 mi | $82,000 | days | |
| 1778 Drexel Road, Valdese NC | 0.1 mi | $295,000 | days | |
| 1771 Drexel Road, Valdese NC | 0.1 mi | $599,000 | days | |
| 3085 US 70 Highway, Morganton NC | 0.3 mi | $241,000 | days | |
| 3219 US 70 Highway, Morganton NC | 0.3 mi | $309,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Fonta Flora Realty
1809 Drexel Road, Valdese NC is a 1682 ft2 on a 1.020 acres Appraisal lot. This is for $230,000. This has 3 bedrooms, 2 baths, and was built in 1951.
Based on information submitted to the MLS GRID as of 2026-07-21 16:56:17 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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