541 Paragon Parkway
541 Paragon Parkway
Waynesville, NC 28786
$339,900
- Bedrooms: 3
- Bathrooms: 3
- Lot Size: 50 Acres
Description
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.
Property Summary
| Property Type: | Residential | Property Subtype : | Single Family Residence |
| Year Built : | 1953 | Construction Type : | Site Built |
| Lot Size : | 50 Acres | Living Area : | 1,712 sqft |
Appliances
- Electric Oven
- Electric Range
More Information
- Construction : Brick Full
- Roof : Composition
- Parking : Driveway
- Heating : Wood Stove, Other - See Remarks
- Cooling : N/A
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional
Based on information submitted to the MLS GRID as of 10-12-2025 09:02:10 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.