Waynesville · Waynesville, NC
541 Paragon Parkway
Waynesville, NC · 1,712 sqft
$279,900
Reduced from $299,000
- 3Beds
- 1.5Baths
- 1,712SqFt
- 1953Year
- 37Days on market
About this home
Is there a 3-bedroom brick rancher under $300K in Haywood County with updates, basement space, and income potential? 541 Paragon Parkway delivers with fresh interior updates, 1,712 square feet of living space, a full unfinished basement ready for expansion, and a rare billboard lease producing approximately $2,200 per year.
Welcome to 541 Paragon Parkway, a classic 1953 brick ranch home offering approximately 1,712 square feet of living space on a generous 0.5-acre lot in a convenient Haywood County location close to everyday amenities.
This 3-bedroom, 1 full bath, and 1 half bath home features a practical layout with recent improvements already completed, making it ready for occupancy, rental income, or future updates.
Recent improvements include:
• Fresh interior paint throughout the home • New carpet in key living areas and bedrooms • Durable new vinyl plank flooring • New garage door for the attached one-car garage
The home also includes a full unfinished basement, offering significant additional square footage for storage, workshop space, or future finished living areas. With some sheetrock already in place, the basement provides a strong starting point for buyers looking to add value or expand usable space.
A truly unique feature of this property is the billboard located on the property that generates approximately $2,200 annually, creating a rare passive income opportunity that can help offset ownership costs.
Situated on approximately half an acre, the property provides space to enjoy the outdoors while still being conveniently located near shopping, dining, schools, and major routes throughout Haywood County.
Whether you're looking for a move-in-ready home, an investment property, or a place with future potential, this 3-bedroom brick rancher offers solid construction, recent updates, expansion possibilities, and a unique income-producing feature rarely found in residential properties.
Property details
- Beds
- 3
- Baths
- 1.5
- SqFt
- 1,712
- Lot
- —
- Year built
- 1953
- Type
- Single Family
- Days on market
- 37
- Garage
- 1
- Style
- Ranch
- Heating
- Baseboard, Wood Stove
- Cooling
- N/A
- Foundation
- Basement
- Flooring
- Vinyl
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,060/ month
- Principal & interest
- $1,733
- Property tax (~1.05%)
- $244
- Homeowners insurance
- $81
- HOA dues
- —
Down payment
$13,995 down · $265,905 financed
Income to qualify (28% rule)
~$88,287 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.