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1568 Watermill Road, 
Morganton, NC 28655

$1,000,000


3

Beds


3

Baths


2,351

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Bob Warchol

Keller Williams Unified

Last updated:

July 24, 2026, 08:00 PM

MLS#

4405514

Source:

CH

About This Home

1568 Watermill Road

This 74.06-acre unrestricted property features long-range mountain views, Canoe Creek running the length of the property with several access points to the water, and approximately 2 miles of hiking and 4wheeler trails for enjoying your private mountain sanctuary. It includes a 2,351 sqft 3BR, 3BA 2story home built in 2020 along with multiple other potential build sites throughout, and an open, grassy field perfect for picnics, bonfires and recreation. The property sits across the street from the 652 acre Oak Hill Community Park and Forest which hosts over 20 miles(and growing) of mountain biking and hiking trails. Lake James and Lake James State Park are less than 15 mins away for water sports, hiking and more mountain biking for adrenaline enthusiasts. The towns of Old Fort, Black Mountain, Boone, Blowing Rock and Asheville are all less than an hour's drive from the property. Historic downtown Morganton which offers shopping several grocery stores, restaurants, breweries and wineries is just 10 minutes away by vehicle; Enjoy the Historic Morganton Festival in September, the TGIF series that runs from May through July and the Winter Carnival and Downtown Lighting to start the Christmas holidays; These 74 acres offer a blend of privacy, natural beauty and development potential while remaining pristine and with breathtaking views; This is the perfect setting for your own private estate, a family compound, a hunting property, an eco-tourism venture including camping and glamping, an AirBnB or as a legacy investment; Explore the remaining foundation of the old JD Pitts Dam and Mill site on the property in Canoe Creek where grain was milled using the dam, water wheel and grinding wheels; Game on the property include deer, turkey, rabbit, dove, and an occassional bear, and more; The custom-designed, like-new 2story home has a 1st floor bedroom and full bathroom, an open layout and 2 primary and secondary owner's suites; The entry room has 2 closets and a vaulted, shiplap ceiling; The kitchen has a wonderful view of the backyard landscaping and hill along with a large island and stainless appliances; The dining room has a comfortable window seat and a table made from local harvested wood; The living room has plenty of natural light coming in and a sliding glass door to the spacious, covered rear deck with its wood stove; The left side owner's suite has an office area and balcony, a loft area, the laundry and a full bathroom with a tiled and glass stall shower; The right side owner's suite with its own private access and stairway has a large walk-in closet / office and a full bathroom with a stall shower; Other desirable features include a 1st floor workstation, shiplap walls, wood laminate planking and ceramic tile flooring, a hot tub and 2 mini-split heat/air units with 5 trunk lines; The outdoor space includes a landscaped front natural area, a fire pit and backyard access to the trail system; The attached garage and attached storage area give you valuable storage area; The detached garage has electric, a concrete floor and a rear lean-to perfect for a tractor or side-by-side; The property was accepted in March 2026 to the NC Present-Use Value program which provides tax incentives to the property owner;

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 2020

Price Summary

1,000,000

$425 per Sq. Ft.

MLS #:

4405514

Last Updated:

July 24, 2026, 08:00 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,351 Sq. Ft.


Structure

Structure

Building Area:

2,351 Sq. Ft.

Year Built:

2020


Lot

Lot Size (Sq. Ft):

3,226,053


Finances & Disclosures

Finances

Price:

$1,000,000

Price per Sq. Ft:

$425 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.