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77 Falling Water Ln, Morgantown, WV, 26508

4beds
4baths
4,912sqft
$770,000
$157price/sqft
$5,236/moest. monthly cost
$209,440/yrincome needed

About This Home

Welcome to the Ultimate Entertainer, where elevated lake views and refined upgrades create an exceptional living experience in one of Morgantown’s most sought-after communities. Current owners have thoughtfully enhanced the home with a new roof (2025), a fully converted lower level now with exterior access, and a stunning outdoor transformation featuring a new composite deck with covered roof and a stamped concrete patio below—perfect for year-round entertaining. The main level features hardwood floors, a spacious kitchen with granite countertops and generous pantry space, and a dining room accented with classic wainscoting. Expansive rear windows capture lake views and fill the home with natural light. Upstairs, the oversized primary suite offers exceptional space and comfort, creating a true retreat. Second floor laundry and additional three bedrooms make living easy! Lower level is designed for hosting, complete with a custom theater room featuring built-ins and surround sound, plus a wet bar for effortless entertaining.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

8/10
8/10
9/10
University High SchoolGrades 9-125.0 mi

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame,Concrete,Brick,Hardboard

Type & Style

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

Interior

Appliances

  • Appliances included: Countertop Range,Wall Oven,Microwave,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Plumbed For Ice Maker
  • Laundry features: Washer Hookup

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Walk-Out Access

Bedroom2

  • Features: Ceiling Fan(s),Window Treatment
  • Level: Second

Bedroom3

  • Features: Ceiling Fan(s)
  • Level: Second

Bedroom4

  • Features: Ceiling Fan(s)
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Wood/Coal Stove
  • Level: Second

Family Room

  • Level: First

Features

  • Wet Bar,Garden Tub
  • Flooring: Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas Logs,Gas Starter
  • Fireplace: Yes
  • Attic: Interior Access Only
  • Finished area below ground: 1,561
  • Finished area above ground: 3,351

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 5,085
  • Total interior livable area: 4,912 sqft

Kitchen

  • Features: Wood Floor,Dining Area,Pantry,Built-in Features,Balcony/Deck
  • Level: First

Living Room

  • Features: Fireplace,Ceiling Fan(s),Wood Floor
  • Level: First

Master Bedroom

  • Level: Second

Office

  • Level: First

Property

Details

  • Parcel number: 31188K0059

Features

  • Levels: 2
  • Stories: 2
  • Patio & porch: Porch,Deck
  • Exterior features: Balcony,Lighting
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s),Lake or River,Neighborhood
  • Has water view: Yes
  • Water view: Lake or River
  • Waterfront features: None

Lot

  • Lot size: 0.32 Acres
  • Features: Other,Landscaped
  • Lot size dimensions: irreg

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener,3+ Cars
  • Has garage: 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
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Hail
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across West Virginia Counties

Severe Storm
Tornado
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 $3,893$46,716
Home Insurance *$258$3,096
Property Taxes $577$6,924
Electricity $508$6,106
Total$5,236$62,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$179,520/yr
40% on housing$157,080/yr
45% on housing$139,626/yr

West Virginia FAIR Plan Programs

West Virginia Essential Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 260Commercial: 43
Total Premiums$274,000
Total Exposure$30.03M

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: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 8.0%
8.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$157This listing

vs Other Active Listings

Avg $/sqft

ZIP 26508$191
Monongalia County$160

vs Homes Sold Last Month

Median $/sqft

ZIP 26508$170
Monongalia County$158

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)

No zestimate history available

Price History

DateEventPrice
2026-04-29Price change$794,900
2026-03-01Listed for sale$799,900
2025-12-29Listing removed$800,000
2025-10-08Price change$800,000
2025-09-12Price change$815,000
2025-09-02Listed for sale$825,000
2020-09-10Sold$540,000
2020-07-16Price change$550,000
2020-06-18Price change$565,000
2020-06-06Price change$575,000
2020-03-04Price change$580,000
2019-08-20Price change$595,000
2019-07-22Price change$600,000
2019-06-03Price change$625,000
2019-05-03Listed for sale$640,000
2016-10-11Sold$536,505

For Sale by Agent

AgentZACK PELL, THE AGENCY - MORGANTOWN, MICHELLE OATES, THE AGENCY - MORGANTOWN
BrokerageTHE AGENCY - MORGANTOWN

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