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103 Castlegate Dr, Morganton, NC, 28655

5beds
6baths
6,943sqft
$450,000
$65price/sqft
$3,311/moest. monthly cost
$132,440/yrincome needed

About This Home

Amazing space takes center stage at 103 Castlegate Drive! With 6,943 heated square feet, this home offers plenty of room to customize your own design and bring your dreams to life. Located in Morganton’s mature South Forest neighborhood, this expansive brick home offers 5 bedrooms, 4 full baths, 2 kitchens and plenty of room to spread out, entertain and host large gatherings. The main level features an oversized living room with fireplace, a spacious dining room with exquisite chandeliers, a cozy den, sunroom, a light-filled foyer that is ready for all your plants, generous bedrooms and a spacious primary suite with its own sitting room and ensuite bath. The partially finished full basement adds a family or game room, office, additional flexible space, full bath, second laundry and an attached two-car garage. Set on approximately .62 acre, the property also includes a large yard and is within walking distance of the newly renovated Bethel Park with walking paths, pickleball courts, playgrounds and a dog park. Convenient access to downtown Morganton, shopping, dining and schools adds even more appeal. Property is being sold as-is.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

4/10
Forest Hill ElementaryGrades PK-52.2 mi
5/10
Liberty MiddleGrades 6-82.2 mi
8/10

Construction

Condition

  • Year built: 1974

Materials

  • Construction materials: Brick Full

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Refrigerator
  • Laundry features: Lower Level,Main Level

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Interior Entry,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1
  • Main level bedrooms: 5

Features

  • Finished area below ground: 1,684
  • Finished area above ground: 5,259

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 5,259
  • Total interior livable area: 6,943 sqft

Laundry

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 2703951273
  • Zoning: LID
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.62 Acres

Parking

  • Total spaces: 2
  • Parking features: Basement,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Tornado
Cold Wave
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Burke County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance *$177$2,124
Property Taxes $213$2,556
Electricity $646$7,760
Total$3,311$39,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,520/yr
40% on housing$99,330/yr
45% on housing$88,293/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$65This listing

vs Other Active Listings

Avg $/sqft

ZIP 28655$184
Burke County$188

vs Homes Sold Last Month

Median $/sqft

ZIP 28655$177
Burke County$195

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$450,000

For Sale by Agent

AgentStarla Hoke
BrokerageMcCombs & Hoke Real Estate

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