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3435 Nelson Lane, Morganton, NC, 28655

3beds
2baths
1,236sqft
$235,000
$190price/sqft
$1,606/moest. monthly cost
$64,240/yrincome needed

About This Home

Welcome to your new home in the desirable Drexel area, a community within Burke County and adjacent to the mountain town of Morganton! Pride of ownership shines in this well-maintained, three-bedroom, two-bath, double-wide mobile home, owned and lovingly cared for by the same owner for nearly 30 years. New roof in 2024! Sliding glass door by the dining area provides additional light to the home. You won't believe the number of cabinets and storage in the kitchen, including a pantry. The kitchen is also highlighted by a tasteful ceramic backsplash. At the end of the counter top, an extended dining area is attached for added seating. Appliances include refrigerator, dishwasher, electric range. The vast living room, with views of the woods, includes a cultured stone, gas fireplace for added coziness during the cold, winter days (gas logs have never been used!). The primary bathroom features a custom walk-in shower. Ceiling fans throughout! Central HVAC for added comfort. City water! The residence sits on a private, one-acre wooded lot at the end of a paved, private drive offering exceptional peace and seclusion. A real plus is that this residence is under-bricked for a solid foundation! Additional awesome features include a single-car carport, a large storage building, and generous outdoor living spaces. Enjoy the peace and quiet of this neighborhood from the spacious covered front deck. This property offers a rare combination of privacy and functionality. Long- and short-term rentals permitted. Drexel is an outdoor-activity-oriented community making this home ideal as a full-time residence or a peaceful retreat close to nature. Sold unfurnished. Drexel centers on outdoor beauty, local history, and community events, with nearby attractions like McGalliard Falls Park, the Waldensian Heritage Trail & Museum, local farms, wineries, Lake James State Park, and the annual Drexel Fair offering nature, culture, and family entertainment. Located less than 15 minutes to Interstate 40. Additional High Country communities located less than an hour from this residence include Blowing Rock, Boone, Banner Elk, App State University (Hickory & Boone), and Linville (Linville Gorge). This is an ideal home offering a picturesque location with access to all amenities of the High Country. Schedule your showing today!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
Drexel PrimaryGrades PK-51.2 mi
5/10
Heritage MiddleGrades 6-82.0 mi
8/10

Construction

Condition

  • Year built: 1997

Materials

  • Roof: Architectural,Shingle
  • Construction materials: Manufactured,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Manufactured Home
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Electric Range,Electric Water Heater,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup,Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window Treatments
  • Window features: Window Treatments
  • Number of fireplaces: 1
  • Fireplace features: One,Gas,Other,See Remarks
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,236

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,236
  • Total interior livable area: 1,236 sqft

Property

Details

  • Parcel number: 2724447202

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Open
  • Exterior features: Storage
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 1 Acres
  • Features: Many Trees

Parking

  • Parking features: Asphalt,Carport,Driveway,Paved,Shared Driveway
  • Has uncovered spaces: Yes
  • Carport: Yes

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

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

How This Home’s Risks Compare

Lightning
Ice Storm
Tornado
Cold Wave
Heat Wave
Inland Flooding
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 $1,188$14,256
Home Insurance *$92$1,104
Property Taxes $126$1,512
Electricity $200$2,405
Total$1,606$19,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,062/yr
40% on housing$48,180/yr
45% on housing$42,826/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

$190This listing

vs Other Active Listings

Avg $/sqft

ZIP 28655$184
Burke County$187

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
2026-05-22Price change$235,000
2026-04-30Price change$199,950
2026-03-27Listed for sale$250,000
2026-03-19Contingent$250,000
2026-02-27Price change$250,000
2026-01-21Listed for sale$275,000

For Sale by Agent

AgentIrene Sawyer
BrokerageKeller Williams High Country

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