1940 Paul Shuping Ave Morganton, NC 28655
Estimated payment $1,581/month
Highlights
- Barn
- Stables
- No HOA
- Liberty Middle School Rated 9+
- Traditional Architecture
- Front Porch
About This Home
Development Opportunity!! Attention Investors!!! This property presents a fantastic investment opportunity, offering a unique blend of potential and possibility to develop this property. The existing 2-bedroom, 1-bath home, with two bedrooms on the main floor and an additional room upstairs that has been used as a third bedroom(does not quite meet ceiling height requirement), as well as, a flex space that could be a formal dining room/office, provides a solid foundation for renovation or expansion. The spacious front porch, with gorgeous mountain views, spans the width of the home, adds charm and character, while the paved driveway and livestock area cater to more practical needs. With a total of 4 lots which totals 3.12 acres of land, the possibilities are endless—whether you're looking to create a large homestead, build new homes, install manufactured and/or modular homes, or develop the property for rental income, the possibilities are endless. The large stable/barn, complete with room for tractor and hay storage, as well as tack rooms, makes this property particularly appealing for those interested in horses or agricultural ventures. While the doublewide on the property is in disrepair and may require significant work or replacement, this challenge also presents an opportunity to add value through renovation or redevelopment. Overall, this property is ideal for builders, mobile/modular home developers, and investors looking to capitalize on its potential and create a profitable venture.
Listing Agent
EXP Realty LLC Brokerage Email: amyhillhomes@gmail.com License #281984 Listed on: 10/02/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1932
Lot Details
- Additional Parcels
- Property is zoned Burke, R-3
Parking
- Driveway
Home Design
- Traditional Architecture
- Asbestos
Interior Spaces
- 1.5-Story Property
- Crawl Space
- Range Hood
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Schools
- Salem Elementary School
- Liberty Middle School
- Patton High School
Farming
- Barn
- Machine Shed
Horse Facilities and Amenities
- Tack Room
- Hay Storage
- Stables
Additional Features
- Front Porch
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1791028945
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $110,626 | $12,869 | $97,757 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $250,000 | -- | $184 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4308620
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