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5162 Beech Bluff Dr, Morganton, NC, 28655

5beds
4baths
4,582sqft
$2,699,999
$589price/sqft
$16,545/moest. monthly cost
$661,800/yrincome needed

About This Home

One-of-a-kind property situated on its own peninsula on beautiful Lake James in the sought-after South Pointe community. This amazing custom home sits on 2 acres with rear and side panoramic views of open water and the Blue Ridge Mountains, including Shortoff and Table Rock Mountain. High-end features include oversized windows, custom-tiled showers, granite countertops, a butler’s pantry, outdoor shower, real hardwoods, superior wall basement, 50-year shingles, electric water heaters, and more! Open-concept living, dining, and kitchen areas sit under a cathedral ceiling with a huge stacked rock fireplace and floor-to-ceiling rear windows. The large primary suite features two walk-in closets and a luxury ensuite bathroom with a custom-tiled shower, jacuzzi tub, and exterior entry. A second bedroom on the main level offers an adjacent full bath. The upper level includes an open loft/second living area and a second primary bedroom with a spacious full bath featuring a jacuzzi tub. The basement can be accessed from the interior of the main home and the detached garage via a covered walkway. Enjoy a true oversized garage with a work area. The massive unfinished basement features storage rooms, a family room with a second fireplace, high ceilings, and a full bath. Above the garage, with private entry, is a studio apartment complete with a closet, kitchen, and full bath. Words can’t describe the grounds… a rocked trail wraps around the point, offering lake views from the back and both sides. Even better, enjoy an easy stroll to your own private covered lakefront deck and composite dock.

Getting Around

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

Schools

2/10
Oak Hill ElementaryGrades PK-54.7 mi
6/10
Table Rock MiddleGrades 6-83.8 mi
5/10
Freedom HighGrades 9-126.8 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Other - See Remarks
  • Construction materials: Cedar Shake,Stone,Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Range,Electric Water Heater,Exhaust Fan,Microwave,Refrigerator with Ice Maker,Washer/Dryer
  • Laundry features: Inside,Laundry Room,Main Level,Sink,Other

Basement

  • Has basement: Yes
  • Basement: Bath/Stubbed,Full,Interior Entry,Partially Finished,Walk-Out Access,Walk-Up Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Basement

Bathroom Full

  • Level: 2nd Living Quarters

Bedroom S

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Features

  • Built-in Features,Kitchen Island,Open Floorplan,Pantry,Storage,Walk-In Closet(s),Walk-In Pantry,Whirlpool,Other - See Remarks,Total Primary Heated Living Area: 4009
  • Door features: Sliding Doors
  • Window features: Window Treatments
  • Flooring: Tile,Wood
  • Fireplace features: Family Room,Gas Log,Living Room,Wood Burning
  • Finished area below ground: 584
  • Finished area above ground: 3,425

Heating & Cooling

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

Interior Area

  • Total structure area: 3,425
  • Total interior livable area: 4,582 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Loft

  • Level: Upper

Other

  • Level: 2nd Living Quarters

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 1754824377
  • Zoning: R-1
  • Special condition: Standard
  • Other equipment: Other - See Remarks

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Patio & porch: Patio,Porch
  • Exterior features: Fire Pit,Other - See Remarks
  • Has view: Yes
  • View description: Mountain(s),Water,Year Round
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Covered structure,Dock,Retaining Wall,Other - See Remarks,Waterfront
  • Waterbody name: Lake James

Lot

  • Lot size: 1.94 Acres
  • Features: Level,Private,Views,Wooded,Other - See Remarks

Parking

  • Total spaces: 3
  • Parking features: Driveway,Detached Garage,Garage Faces Side,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Cold Wave
Landslide
Tornado

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 $13,652$163,824
Home Insurance *$1,066$12,792
Property Taxes $1,401$16,812
Electricity $426$5,121
Total$16,545$198,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$567,257/yr
40% on housing$496,350/yr
45% on housing$441,200/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

$589This listing

vs Other Active Listings

Avg $/sqft

ZIP 28655$179
Burke County$184

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
2026-04-07Listed for sale$2,699,999
2025-11-18Listing removed$2,800,000
2025-04-14Listed for sale$2,800,000
2024-11-22Listing removed$3,099,999
2024-07-09Price change$3,099,999
2024-06-27Listed for sale$3,199,999

For Sale by Agent

AgentChristie Leonard
BrokerageWNC Real Estate at Lake James

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