541 Paragon Parkway
$339,900
Waynesville, NC, 28786
singlefamily
3
3
Lot Size: 0.5 Acres
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ABOUT

Property Information

Investment opportunity meets location and income potential! Welcome to 541 Paragon Parkway, a charming brick ranch-style single-family homeoffering 1,712 square feet +/- of living space on a generous 0.5-acre lot. This home features 3 bedrooms, 2 full bathrooms, and a convenient half bath, all laid out in a classic, functional floor plan that’s ready for your updates or renovations. Currently leased at below market rate of $900/month with a month-to-month tenant, this property provides immediate income while offering flexibility for future use—whether you’re looking to add to your portfolio or make it your own residence. An added bonus? There’s a billboard located on the property that brings in an additional $2,200 annually—a rare find for passive income in a residential setting! The home is part of an estate sale and is being sold AS IS, giving investors or homebuyers a chance to unlock its full potential with some cosmetic updates. Whether you're planning to renovate and resell, rent at market rate, or move in and personalize it, the possibilities are wide open. Centrally located in Haywood County, this property is convenient to schools, shopping, dining, and local amenities, making it a strategic spot for long-term value. With solid bones, an income-generating asset on-site, and a prime location, this is an opportunity you don’t want to miss.
SPECIFICS

Property Details

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Price:
$339,900
MLS #:
CAR4307982
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Oct 11, 2025
Finished Sq Ft:
1,712
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1953
JunaluskaWaynesvilleTuscola
AMENITIES

Interior

Appliances
Electric Oven, Electric Range
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
N/A
Heating
Wood Stove, Other - See Remarks
Laundry Features
Main Level
AMENITIES

Exterior

Architectural Style
Ranch
Construction Materials
Brick Full
Parking Features
Driveway
Roof
Composition
NEIGHBORHOOD

Schools

Elementary School:
Junaluska
Middle School:
Waynesville
High School:
Tuscola
FINANCIAL

Financial

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541 Paragon Parkway
Waynesville, NC