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122 Lady Slipper Ln SW, Valdese, NC, 28690

2beds
2baths
1,442sqft
$364,900
$253price/sqft
$2,516/moest. monthly cost
$100,640/yrincome needed

About This Home

Welcome to easy, low-maintenance living in the desirable Morgan Trace community of Valdese! This immaculate one-level townhome offers 2 bedrooms, 2 full bathrooms, and a thoughtfully designed floor plan that's perfect for comfortable everyday living. Step inside to discover a spacious living room with a vaulted ceiling and cozy gas fireplace, creating a warm and inviting atmosphere. The well-appointed kitchen features beautiful granite countertops, stainless steel appliances, custom walnut cabinetry, and opens seamlessly to the dining area and bright den/sunroom, providing the perfect space to relax or entertain. Quality finishes throughout include hardwood flooring, tile bathrooms, brushed nickel fixtures and hardware, and central air conditioning paired with efficient natural gas heat for year-round comfort. The spacious primary suite offers a large walk-in closet and a luxurious ensuite bathroom featuring a double vanity and an impressive 5-foot walk-in shower with elegant glass doors. The guest bathroom is equally well-appointed with a tub/shower combination and stylish glass shower doors. A conveniently located hall laundry room adds to the home's functionality. Outside, unwind on the welcoming rocking chair front porch or enjoy the privacy of the rear patio, complete with a retractable awning for shade on sunny afternoons. The oversized 3-car garage provides exceptional space for vehicles, hobbies, and storage, while the wide private driveway offers ample guest parking. Best of all, lawn care and exterior maintenance are included, allowing you to spend more time enjoying your home and less time maintaining it. This move-in-ready townhome combines quality craftsmanship, modern finishes, and carefree living in one of Valdese's most desirable communities. Don't miss your opportunity to make it yours!

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

5/10
Valdese ElementaryGrades PK-50.8 mi
5/10
Heritage MiddleGrades 6-80.9 mi
8/10

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Slab
  • Construction materials: Vinyl

Other

  • Builder name: Morgan & Parker Builders

Type & Style

  • Home type: Townhouse
  • Architectural style: Transitional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator
  • Laundry features: In Hall,Laundry Closet

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

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

Dining Area

  • Level: Main

Features

  • Door features: Storm Door(s)
  • Window features: Insulated Windows
  • Flooring: Laminate,Tile
  • Fireplace features: Gas Log
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,442

Heating & Cooling

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

Interior Area

  • Total structure area: 1,442
  • Total interior livable area: 1,442 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Sunroom

  • Level: Main

Property

Details

  • Parcel number: 2733461886
  • Zoning: R-12-A
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Awning(s),Front Porch,Patio
  • Has view: Yes
  • View description: City,Mountain(s),Year Round

Lot

  • Lot size: 0.05 Acres
  • Features: Level,Views

Parking

  • Total spaces: 3
  • Parking features: Driveway,Attached Garage,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

  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Lightning
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 $1,845$22,140
Home Insurance *$197$2,364
Property Taxes $274$3,288
Electricity $200$2,405
Total$2,516$30,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,262/yr
40% on housing$75,480/yr
45% on housing$67,093/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

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 28690$181
Burke County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 28690$189
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
2026-06-25Listed for sale$364,900

For Sale by Agent

AgentShane Cook
BrokerageC Shane Cook & Associates

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