For Sale $2,500,000
Perched on its own private peninsula with over 550 feet of shoreline, this custom Lake James waterfront estate captures panoramic views of the lake and surrounding mountains. A tranquil retreat, it features four unique water elements, including a cascading waterfall flowing through lush, tropical landscaping into the deep, clear waters below. The nearly 7,000 sq ft Victorian home spans three levels and boasts a generous wraparound porch perfect for entertaining and sunset watching. Inside, a grand foyer welcomes you with soaring ceilings and a curved staircase. The two-story circular library is a rare architectural gem, while the remodeled kitchen with a wood-burning fireplace creates a cozy gathering space. The second-floor primary suite includes a private balcony and a spa-inspired bath. Additional bedrooms, flexible living spaces, and a finished basement offer room to relax or host. Park your boat under the brand new dock, relax under the stars by the fire pit on the point, and enjoy the best parts of lake living. **Owner Financing being offered at 3.125%!
Fire Pit, Dock - Floating, In-Ground Irrigation, Outdoor Shower
Attic Walk In, Built-in Features, Entrance Foyer, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry
| List Price: | $2,500,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2591 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4251001 |
| Subdivision: | East Shores |
| Style: | Victorian |
| Bathrooms: | 6 |
| Lot Description: | Cul-De-Sac, Green Area, Level, Private, Wooded, Views, Waterfall, Waterfront |
| Year Built: | 1994 |
| Sewer Type: | Septic Installed |
| Elementary: | Glen Alpine |
| Middle: | Table Rock |
| High: | Freedom |
| Date | Event | Price | $/SQFT |
| 07-09-2025 | Price Decrease | $2,500,000-15.97% | $965 |
| 06-11-2025 | Price Increase | $2,975,000+10.19% | $1,149 |
| 05-24-2025 | Listed | $2,700,000 | $1,043 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| The New Dimensions School | 8 miles | KG-06 | 7 |
| NC School for the Deaf | 8 miles | KG-06 | N/A |
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 |
| 4950 Canterbury Place, Morganton NC | 0 mi | $2,500,000 | days | |
| 1815 Waterford Way, Morganton NC | 0.2 mi | $799,900 | days | |
| 1831 Sandy Cove Drive, Morganton NC | 0.3 mi | $2,599,000 | days | |
| 1838 Southpointe Drive, Morganton NC | 0.3 mi | $1,715,000 | days | |
| 2066 Waterford Way, Morganton NC | 0.3 mi | $849,000 | days | |
| 1726 Waterford Way, Morganton NC | 0.4 mi | $659,000 | 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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| 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 Patton Allen Real Estate LLC
4950 Canterbury Place, Morganton NC is a 2591 ft2 on a 2.120 acres lot. This is for $2,500,000. This has 5 bedrooms, 6 baths, and was built in 1994.
Based on information submitted to the MLS GRID as of 2025-05-24 11:36:36 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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