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Jeff Vermillion

jeff.vermillion@engelvoelkers.com +1(828) 789-9881

$ 525,000

Est. payment -/mo

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556 Timberlane DR Boone, NC 28607

3 Beds

4 Baths

2,383 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,383 sqft

Price per Sqft $220

Subdivision Timberlane

MLS Listing ID 264077

Style Mountain,Traditional

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Fees $120/ann

HOA Y/N Yes

Abv Grd Liv Area 1,594

Year Built 1994

Annual Tax Amount $1,290

Lot Size 1.280 Acres

Acres 1.28

Property Sub-Type Single Family Residence

Property Description

Located in a quiet Boone community just minutes from New Market Center, 556 Timberlane Drive offers four versatile levels of heated living space, a low-maintenance metal roof, and a paved driveway. The main level features a central kitchen and a spacious living room with tall ceilings, while the upper floor provides three bedrooms and two full bathrooms. The bottom two levels offer exceptional flexibility; one serves as an independent suite complete with an additional kitchen, living area, and sleeping quarters, while the lowest level functions as a dedicated workshop, home gym, or office. Exterior amenities include a wrap-around deck and ample patio space well-suited for outdoor seating and entertaining. Recently operated as an income-producing property generating a combined $3,900 per month (upper unit at $2,800 and lower unit at $1,100, utilities included), this layout presents an ideal opportunity for an owner-occupant to live comfortably in the upper levels while renting out the lower suite to offset expenses, or to maintain the entire property as a robust addition to an investment portfolio.

Location

State NC

County Watauga

Community Long Term Rental Allowed, Short Term Rental Allowed

Area 1-Boone, Brushy Fork, New River

Rooms

Basement Crawl Space, Finished

Interior

Interior Features Attic, Second Kitchen, Window Treatments

Heating Baseboard, Electric, Other, See Remarks

Cooling Wall/Window Unit(s)

Fireplaces Number 1

Fireplaces Type One, Free Standing, Gas, Vented

Fireplace Yes

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Laundry In Basement

Exterior

Exterior Feature Gravel Driveway, Paved Driveway

Parking Features Driveway, Gravel, No Garage, Paved, Private

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available High Speed Internet Available

View Y/N Yes

Water Access Desc Shared Well

View Trees/Woods

Roof Type Metal

Building

Story 2

Entry Level Two

Foundation Basement, Slab

Sewer Septic Permit 3 Bedroom

Water Shared Well

Architectural Style Mountain, Traditional

Level or Stories Two

Schools

Elementary Schools Green Valley

High Schools Watauga

Others

Tax ID 2911-46-7606-000

Security Features Radon Mitigation System

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

Listed by Howard Hanna Allen Tate Real Estate Blowing Rock

NEARBY SCHOOLS & PROPERTIES

Jeff Vermillion

Real Estate Advisor License ID: 345356

+1(828) 789-9881

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