$468,000
5339 Knollview Drive
Morganton, NC 28655
2 yr ago
Dry Creek sits on the northeast side of Lake James with a distinctly low-density feel: homesites average about 3.3 acres, the median lot is roughly 2.75 acres, and many tracts are wooded point or cove parcels with direct water access.
Listing summary: 1 Active48+ Recently Sold
$468,000
Morganton, NC 28655
2 yr ago
$599,000
Morganton, NC 28655
DOM: 262 d
$625,000
Morganton, NC 28655
DOM: 109 d
$1,100,000
Morganton, NC 28655
DOM: 38 d
$1,450,000 $327/sqft
Morganton, NC 28655
3 bd · 3 ba · 4,433 sqft · 2006 · DOM: 128 d
$1,899,000 $463/sqft
Morganton, NC 28655
4 bd · 4 ba · 4,103 sqft · 2 ac · 2020 · DOM: 861 d
$162,000
Morganton, NC 28655
2.8 ac · DOM: 214 d
$195,000
Morganton, NC 28655
3 ac · DOM: 318 d
$1,199,000 $272/sqft
Morganton, NC 28655
3 bd · 3 ba · 4,413 sqft · 2.4 ac · 2006 · DOM: 209 d
northeast side of Lake James below Linville Gorge
$695,000
Morganton, NC 28655
2.8 ac · DOM: 40 d
$295,000
Morganton, NC 28655
2.9 ac · DOM: 845 d
$3,240,000 $1,102/sqft
Morganton, NC 28655
2 bd · 2 ba · 2,940 sqft · 6.9 ac · 2006 · DOM: 111 d
AI-assisted overview based on MLS listing data for Dry Creek, Morganton
Dry Creek sits on the northeast side of Lake James with a distinctly low-density feel: homesites average about 3.3 acres, the median lot is roughly 2.75 acres, and many tracts are wooded point or cove parcels with direct water access. The community''s strongest identity is privacy on the lake. Waterfront offerings account for just over half of recorded listings, and the premium is meaningful, with waterfront properties averaging about $881,000 versus roughly $482,000 for non-waterfront offerings. Large homesites, long shoreline runs, and mountain-backed lake views shape the experience here more than compact neighborhood living.
The built homes in Dry Creek are custom lake residences rather than production housing. Recorded homes were built from 2005 to 2022, and the finished-home market runs from about $612,500 to $2.995 million, with an average near $1.45 million. Craftsman and mountain-rustic influences appear repeatedly, especially cedar and stone exteriors, vaulted or cathedral ceilings, covered porches, stone fireplaces, main-level primary suites, and lower levels designed for guests or recreation. Docks, boat lifts, and easy walks to the shoreline appear again and again, reinforcing that many homes are designed around direct use of the water.
Dry Creek shares key amenities with Southpointe, giving residents access to an outdoor pool, clubhouse, and deeded or nearby community boat-slip options, while Dry Creek itself is consistently tied to walking trails and preserved natural areas. Fonta Flora trail access is part of the neighborhood story as well, linking the community to one of Lake James''s best-known hiking and biking corridors. Underground utilities, city water, and frequent mentions of fiber optic internet give the neighborhood a more finished infrastructure profile than many large-lot lake settings.
The community is positioned about 15 minutes from downtown Morganton and I-40, with Marion generally under 20 minutes and Asheville or Hickory about 40 minutes away. That places Dry Creek close to restaurants, breweries, shopping, and day-to-day services while keeping Lake James, Lake James State Park, Fonta Flora, Pisgah National Forest, and Linville Gorge at the center of daily surroundings. Assigned schools commonly listed for the area are Oak Hill Elementary, Table Rock Middle, and Freedom High.
Dry Creek stands out as a Lake James community where acreage, shoreline, and custom-home character carry as much weight as the amenity package. For buyers looking at this part of Morganton, it reads as a privacy-first waterfront neighborhood with shared recreation, strong access to trails, and room for estate-scale lake living.
Talk to a local agent about homes in Dry Creek, Morganton
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Showing 1-48+ recently sold in Dry Creek, Morganton
| Property | Sold | List Price | DOM | Size | List $/SF |
|---|---|---|---|---|---|
| | Jan 23 2025 | $599,000 | 262 | — | — |
| | Aug 23 2024 | $625,000 | 109 | — | — |
| | Mar 8 2024 | $1,100,000 | 38 | — | — |
| | Feb 29 2024 | $1,450,000 | 128 | 4,433 sq ft | $327 |
| | Jun 9 2022 | $1,899,000 | 861 | 4,103 sq ft | $463 |
| | Feb 3 2022 | $162,000 | 214 | — | — |
| | Jan 10 2022 | $195,000 | 318 | — | — |
| | Dec 20 2021 | $1,199,000 | 209 | 4,413 sq ft | $272 |
| | Dec 9 2021 | $695,000 | 40 | — | — |
| | Nov 23 2021 | $295,000 | 845 | — | — |
| | Oct 4 2021 | $3,240,000 | 111 | 2,940 sq ft | $1,102 |
| | Aug 13 2021 | $1,499,000 | 141 | 4,432 sq ft | $338 |
| | Nov 24 2020 | $795,000 | 61 | — | — |
| | Nov 13 2020 | $329,000 | 560 | — | — |
| | Sep 24 2020 | $399,000 | 71 | — | — |
| | Aug 25 2020 | $325,000 | 139 | — | — |
| | Aug 17 2020 | $325,000 | 92 | — | — |
| | Aug 14 2020 | $465,000 | 73 | — | — |
| | Jul 20 2020 | $149,900 | 103 | — | — |
| | Jul 9 2020 | $119,000 | 276 | — | — |
| | Jul 9 2020 | $2,695,000 | 43 | 4,408 sq ft | $611 |
| | Feb 27 2020 | $374,900 | 203 | — | — |
| | Dec 20 2019 | $330,000 | 127 | — | — |
| | Oct 16 2019 | $445,000 | 306 | — | — |
| | May 15 2019 | $1,299,000 | 359 | 3,354 sq ft | $387 |
| | Jan 7 2019 | $925,000 | 402 | 2,516 sq ft | $368 |
| | Jan 7 2019 | $925,000 | 402 | 2,516 sq ft | $368 |
| | Nov 19 2018 | $1,125,000 | 122 | 4,584 sq ft | $245 |
| | Oct 2 2018 | $375,000 | 161 | — | — |
| | Jul 6 2018 | $465,000 | 144 | — | — |
| | Jul 6 2018 | $465,000 | 144 | — | — |
| | Jun 20 2018 | $399,900 | 86 | — | — |
| | Jun 20 2018 | $399,900 | 83 | — | — |
| | Nov 21 2017 | $470,000 | 189 | — | — |
| | Nov 21 2017 | $470,000 | 189 | — | — |
| | Sep 6 2017 | $350,000 | 394 | — | — |
| | Sep 6 2017 | $350,000 | 387 | — | — |
| | Sep 30 2016 | $650,000 | 578 | 1,399 sq ft | $465 |
| | Sep 30 2016 | $650,000 | 578 | 1,399 sq ft | $465 |
| | Sep 30 2016 | $650,000 | 578 | 1,399 sq ft | $465 |
| | Sep 29 2016 | $1,074,000 | 514 | 4,910 sq ft | $219 |
| | Sep 29 2016 | $1,074,000 | 516 | 4,806 sq ft | $223 |
| | Sep 29 2016 | $1,074,000 | 514 | 4,806 sq ft | $223 |
| | Sep 27 2016 | $150,000 | 1250 | — | — |
| | Sep 23 2016 | $119,000 | 97 | — | — |
| | Sep 23 2016 | $119,000 | 97 | — | — |
| | Aug 27 2016 | $150,000 | 1219 | — | — |
| | Sep 16 2015 | $87,650 | 849 | — | — |
Aggregated from MLS listing history for Dry Creek, Morganton
The Dry Creek real estate market shows buyer's market conditions. Homes typically sell within 196 days. With 2 active listings and 0 homes sold in the past year, buyers have more negotiating power and time to decide.
Listings taken off the market in the past year in Dry Creek, Morganton
These homes are no longer available, but they show recent pricing and listing activity in Dry Creek. Our agents can help you watch for new listings in this area.
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