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$1,000,000 Sale Pending
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Property Description
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;
Full Property Details
Full Property Details for 1568 Watermill Rd
General
- Price: $1,000,000
- Status: Pending
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4405514
- Updated: 8/9/2026
- Added to Site: 33 day(s) ago
Interior
- Interior Features: Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper - Full Baths: 2
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 2
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Upper Level
Exterior
- Exterior Features: Fire Pit, Hot Tub
Parking
- Garage: Yes
- Garage Description: 333 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Driveway, Attached Garage, Detached Garage
Location
- County: Burke
School Information
- Elementary School: Oak Hill
- Middle School: Table Rock
- High School: Freedom
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Ductless
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Site Built
- Exterior Const.: Hardboard Siding
- Roof: Metal
- Upper: 1,253 Sq. Ft.
- Main/1st Level: 1,098 Sq. Ft.
- Year Built: 2020
Lot Features
- Street/Road Desc.: Gravel, Paved
- Lot Features: Creek Front, Flood Plain/Bottom Land, Hilly, Private, Sloped, Creek/Stream, Wooded, Waterfront
Water Features
- Water Front Name: Creek
Financial Considerations
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Property ID: 63751
- Lot Number: 2389/535
Listed by Keller Williams Unified
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Schools
Schools serving 1568 Watermill Rd
School District:Burke County Schools
| Name | Grades | Distance |
|---|---|---|
Oak Hill Elementary 2363 North Carolina 181, Morganton, NC 28655 | PK-5 | 1.1 mi |
Table Rock Middle 1585 North Carolina 126, Morganton, NC 28655 | 6-8 | 0.7 mi |
Freedom High 511 Independence Boulevard, Morganton, NC 28655 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1568 Watermill Rd
Date
Details
Price
Change
Source
7/22/2026
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1568 Watermill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,354
-1%
$671,150
—
2024
$4,383
100%
$671,150
—
2023
-100%
$671,150
100%
2022
$3,119
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1568 Watermill Rd
1568 Watermill Road, Morganton, NC 28655 (MLS# 4405514) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1568 Watermill Road is currently listed for $1,000,000 and was received on July 22, 2026. Want to learn more about 1568 Watermill Road? Do you have questions about finding other Single Family real estate for sale in Morganton? You can browse all Morganton real estate or contact a Coldwell Banker agent to request more information.

