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Waters Edge Homes Near Lake James in Morganton, NC

Waters Edge brings together two of Lake James' strongest draws in one setting: true waterfront ownership and direct access to the Fonta Flora State Trail.

Active
5
Pending
1
Recently Sold
28

Active & Pending Listings

About Waters Edge

Community overview based on MLS listing data for Waters Edge, Morganton

Waters Edge brings together two of Lake James' strongest draws in one setting: true waterfront ownership and direct access to the Fonta Flora State Trail. In this gated Morganton community, the neighborhood reads first as a place to build around the lake, the coves, and the mountain backdrop rather than a subdivision of lookalike homes.

Community Highlights

Waterfront is the defining thread here, with nearly nine in ten recorded properties flagged as waterfront. Closed sales include everything from gently sloping water-access parcels to point lots with roughly 266 feet of shoreline. Several properties highlight dock potential, while others emphasize easy launch access for kayaks and paddleboards even when private docks are not allowed. Lot sizes are notably generous for a lake community, averaging about 50,688 square feet, or 1.16 acres, with recorded parcels running from roughly 0.69 to 2.56 acres.

The built inventory is newer and limited, with recorded homes dating from 2018 to 2024. The houses that have sold here tend to be custom or semi-custom lake homes with Craftsman-leaning details, open main living spaces, covered porches, large windows, and a frequent mix of quartz or granite kitchens, engineered hardwoods, and basement or walkout lower levels. Home sales have ranged from about $390,000 to $1.1 million, while lot sales stretch from $22,000 to $650,000, underscoring how much value is tied to frontage, views, and dockability.

Amenities & Lifestyle

The amenity package is practical and outdoors-focused rather than club-driven. Waters Edge centers on a beach area, fire pit, paved roads, underground utilities, city water availability, and direct trail connectivity. Fonta Flora access is one of the clearest differentiators, giving the neighborhood a straight-from-home option for hiking, running, and mountain biking that is not common in many lakefront settings.

Short-term rental flexibility is another notable part of the community profile, especially for waterfront homes and future lake-house sites. That adds uncommon ownership flexibility alongside the recreational appeal.

Location & Schools

Waters Edge sits on the east side of Lake James about 15 minutes from downtown Morganton, with Asheville roughly an hour away and Charlotte Douglas International Airport within about 90 minutes. Nearby references regularly include Linville boating access, Fonta Flora Park, Lake James State Park, and Morganton's restaurants, breweries, and River District. School assignments in the community record point to Oak Hill Elementary, Table Rock Middle, and Freedom High.

Set against Lake James and the Blue Ridge foothills, Waters Edge stands out as a gated waterfront neighborhood where trail access, larger homesites, and flexible ownership options shape the experience as much as the water itself.

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Nearby Communities

Communities similar to Waters Edge

Recently Sold in Waters Edge 28 recently sold in Waters Edge, Morganton with dates and property details

Recently Sold

28 recently sold in Waters Edge, Morganton

Property Sold List Price DOM Size List $/SF
3097 W Moonlight Place sold home in Morganton, SC 3097 W Moonlight Place 3 bd · 3 ba Jun 30 2026 $1,625,000 54 2,701 sq ft $602
2084 Starlight Lane sold home in Morganton, SC 2084 Starlight Lane Jun 29 2026 $49,000 91
2148 E Bluewater Drive sold home in Morganton, SC 2148 E Bluewater Drive Nov 20 2025 $175,000 240
2108 E Bluewater Drive sold home in Morganton, SC 2108 E Bluewater Drive 4 bd · 2 ba Oct 30 2025 $724,900 87 2,700 sq ft $268
3039 Channel View Cove sold home in Morganton, SC 3039 Channel View Cove 3 bd · 3 ba Jun 26 2025 $629,000 75 2,730 sq ft $230
2313 W Blue Water Drive sold home in Morganton, SC 2313 W Blue Water Drive Jun 18 2025 $650,000 58
2041 Blue Water Drive sold home in Morganton, SC 2041 Blue Water Drive 3 bd · 3 ba Mar 24 2025 $1,125,000 410 2,892 sq ft $389
3109 E Moonlight Place sold home in Morganton, SC 3109 E Moonlight Place 4 bd · 2 ba Oct 7 2024 $669,900 104 1,892 sq ft $354
3031 W Moonlight Place 36 sold home in Morganton, SC 3031 W Moonlight Place 36 Nov 4 2022 $259,500 63
2041 W Bluewater Drive sold home in Morganton, SC 2041 W Bluewater Drive 3 bd · 3 ba Oct 14 2022 $1,100,000 29 2,892 sq ft $380
3058 Channel View Cove sold home in Morganton, SC 3058 Channel View Cove 3 bd · 3 ba Aug 16 2022 $699,900 92 2,110 sq ft $332
2170 W Bluewater Drive sold home in Morganton, SC 2170 W Bluewater Drive Jul 28 2022 $78,500 108
3010 E Moonlight Place sold home in Morganton, SC 3010 E Moonlight Place Jul 1 2022 $279,000 178
2041 W Bluewater Drive sold home in Morganton, SC 2041 W Bluewater Drive 3 bd · 3 ba May 31 2022 $1,050,000 39 2,817 sq ft $373
3107 Channel View Cove 8 sold home in Morganton, SC 3107 Channel View Cove 8 May 10 2022 $118,500 172
2166 E Bluewater Drive 24 sold home in Morganton, SC 2166 E Bluewater Drive 24 Dec 15 2021 $229,900 76
3058 Channel View Cove sold home in Morganton, SC 3058 Channel View Cove Sep 28 2021 $74,900 21
3070 E Moonlight Place 41 sold home in Morganton, SC 3070 E Moonlight Place 41 Sep 1 2021 $89,900 21
1092 Mast Hook Way sold home in Morganton, SC 1092 Mast Hook Way 3 bd · 2 ba Jul 16 2021 $384,900 43 1,801 sq ft $214
3110 Channel View Cove sold home in Morganton, SC 3110 Channel View Cove Jan 22 2021 $62,900 44
1092 Mast Hook Way sold home in Morganton, SC 1092 Mast Hook Way Nov 19 2020 $28,000 499
3104 Channel View Cove sold home in Morganton, SC 3104 Channel View Cove 3 bd · 2 ba Oct 15 2020 $589,900 132 2,508 sq ft $235
2041 W Bluewater Drive sold home in Morganton, SC 2041 W Bluewater Drive Aug 28 2020 $144,900 169
3042 W Moonlight Place sold home in Morganton, SC 3042 W Moonlight Place Jun 8 2020 $249,000 471
3058 W Moonlight Place 29 sold home in Morganton, SC 3058 W Moonlight Place 29 Apr 30 2020 $229,900 778
2063 W Bluewater Drive sold home in Morganton, SC 2063 W Bluewater Drive 3 bd · 3 ba Apr 17 2020 $734,900 102 2,251 sq ft $326
2108 E Bluewater Dr 22 sold home in Morganton, SC 2108 E Bluewater Dr 22 Feb 19 2019 $65,000 563
2108 E Blue Water Dr 22 sold home in Morganton, SC 2108 E Blue Water Dr 22 Feb 19 2019 $65,000 563

Market Statistics

Aggregated from MLS listing history for Waters Edge, Morganton

The Waters Edge real estate market shows buyer's market conditions. Homes typically sell within 102 days. With 6 active listings and 4 homes sold in the past year, buyers have more negotiating power and time to decide.

Pricing

Median Price
$172,000
Average Price
$388,817
$/Sq.Ft (Q1)
$251
1-Yr Price Trend
−32.9%

Property Details

Avg Bedrooms
3.1
Avg Bathrooms
2.6
Avg Lot Size
1.23 acres

Market Activity

Active Listings
6
Sold Last Year
4
Median Days to Sell
102 days

Community Info

Median Year Built
2021
New Construction
0%

Recently Off Market Properties

Listings taken off the market in the past year in Waters Edge, Morganton

2 properties
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