1771 Drexel Rd, Valdese, NC, 28690
About This Home
New Price! Charming cottage-style home on 5.34 fully fenced acres offering privacy, versatility, and income potential. This 4BR/3BA home features 2,132 sq ft with a functional layout ideal for full-time living, vacation use, or investment. The main level includes wood-look tile flooring, a spacious living area with cozy fireplace, granite kitchen, dedicated laundry, and a bedroom with full bath access—perfect for guests or flexible use. Upstairs offers hardwood floors, a private primary suite with balcony and full bath, plus three additional rooms suitable for bedrooms, office space, or hobbies. The property includes multiple living areas, allowing for separation of space and comfortable hosting. Outdoor features include several seating areas to enjoy peaceful country views, along with a barn, detached garage, and small cellar for storage or utility use. A new roof adds value and peace of mind. Being sold fully furnished, including décor, linens, and tractor—making this a true turnkey opportunity. Suitable for short-term rental, long-term rental, Airbnb, bed & breakfast, or mini farm use (buyer to verify). No HOA. Conveniently located just minutes from Valdese, Morganton, and Lake James, offering easy access to local amenities, dining, and outdoor recreation.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1939
Materials
- Foundation: Crawl Space
- Construction materials: Brick Partial,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Cooktop,Exhaust Hood,Refrigerator,Wall Oven,Washer,Washer/Dryer
- Laundry features: Laundry Room,Main Level
Basement
- Has basement: Yes
- Basement: Basement Shop,Exterior Entry,Interior Entry,Partial,Unfinished,Walk-Out Access
Bathroom Full
- Level: Main
Bathroom Full
- Level: Upper
Bedroom S
- Level: Main
Bedroom S
- Level: Upper
Bedroom S
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Dining Area
- Level: Main
Dining Room
- Level: Main
Family Room
- Level: Main
Features
- Pantry
- Door features: Insulated Door(s),Sliding Doors
- Window features: Insulated Windows
- Flooring: Carpet,Tile,Wood
- Fireplace features: Gas Log,Living Room,Propane
- Finished area below ground: 0
- Finished area above ground: 2,132
Heating & Cooling
- Heating features: Oil
- Cooling features: Electric
Interior Area
- Total structure area: 2,132
- Total interior livable area: 2,132 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Office
- Level: Upper
Primary Bedroom
- Level: Upper
Property
Details
- Parcel number: 2723752269
- Zoning: R-3
- Special condition: Standard
- Horse amenities: Barn
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Front Porch,Patio,Side Porch,Terrace
- Exterior features: Other - See Remarks
- Fencing: Full,Wood
- Has view: Yes
- View description: Long Range,Mountain(s)
Lot
- Lot size: 5.34 Acres
- Features: Cleared,Level,Open Lot,Wooded,Views
Parking
- Total spaces: 12
- Parking features: Circular Driveway,Driveway,Detached Garage,Parking Space(s),RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 10
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
- Ice Storm
- Lightning
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Burke County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $324 | $3,888 |
| Property Taxes | $341 | $4,092 |
| Electricity | $200 | $2,405 |
| Total | $3,893 | $46,716 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Listed for sale | $599,000 |
| 2025-11-19 | Listing removed | $635,000 |
| 2025-07-24 | Price change | $635,000 |
| 2025-01-24 | Price change | $649,000 |
| 2024-09-04 | Listed for sale | $699,000 |
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