397 Reservoir Road, Spruce Pine NC

  • 3 Bed
  • 2 Bath
  • 1586 ft2
  • 0.7 ac

For Sale $299,900

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Remarks:

Inexpensive- Well Built- In Town Convenience! Perfect for a family home, vacation getaway, or even a VRBO income producer. A rare pairing of HILLTOP PRIVACY and IN-TOWN CONVENIENCE. Set at the corner of Reservoir Road and Clearwater Lane and wrapped in mature hardwoods, this home sits in an almost hidden enclave that offers the seclusion most buyers must drive miles into the country to find, yet it lies inside the Spruce Pine city limits, only minutes from downtown shops, dining and Blue Ridge Regional Hospital. Step onto the full-length covered front porch, settle into a rocker and take in the view across an open meadow to the wooded ridge-line beyond. Inside, a bright open floor plan joins the living, dining and kitchen areas beneath crown molding and ceiling fans. The living room centers on a stacked-stone corner fireplace with gas logs, a wood mantel and an arched display niche, with ample wall space for a reading library. The kitchen offers warm oak cabinetry, recessed lighting, an arched window above the double sink and a breakfast bar that seats three. A laundry room with its own exterior door serves as a convenient mudroom. The home offers 3 bedrooms and 2 full baths across 1,586 sq. ft. of single-level living on .66 acre. The primary bedroom easily holds a king bed and a full suite of furniture, and the third bedroom works equally well as a home office. Out back, the covered rear deck, framed in timber beneath a metal roof and strung with café lights, is made for quiet mornings and long evenings. It overlooks a level, fully fenced back yard with a storage shed. The costly work is already done: a NEW METAL ROOF (2024), a heat pump approx. 5 years old, electric water heater, and CITY WATER AND SEWER. A two-car carport and a wide gravel drive provide ample parking. This is an NC state-certified modular home, built to the North Carolina State Building Code on a permanent foundation. Homes that deliver true privacy this close to town seldom reach the market. Come see what's possible here. This hilltop is awaiting your legacy. You are just 1 minutes away from downtown Spruce Pine, or dining and a great game at Grassy Creek Golf and Country Club, and the Blue Ridge Regional Hospital, or our brand new state-of-the-art YMCA with indoor pool; 7 minutes to adventure on the Blue Ridge Parkway; 10 minutes away from the famous Penland School of Crafts; You will be 15 minutes to downtown Burnsville; 30 minutes to Grandfather Mountain State Park, or to the beautiful Linville Falls, 30 minutes to fishing & water sports on Lake James, shopping in Marion, and I-40; 50 minutes to Asheville, NC; 60 minutes to Johnson City, TN, and the Tri-Cities Airport. This community is two hours from Charlotte, NC.

Interior Features:

Attic Other, Breakfast Bar, Open Floorplan, Pantry, Walk-In Closet(s)

General Information:

List Price: $299,900
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 1586 sqft
Parking: Detached Carport, Driveway
MLS Number: CAR4429844
Subdivision: None
Style: Cape Cod
Bathrooms: 2
Lot Description: Corner Lot, Level, Private, Wooded
Year Built: 2005
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Mitchell
Middle: Mitchell
High: Mitchell

Price & Sales History

Date Event Price $/SQFT
09-29-2026 Listed $299,900 $190
01-02-2026 Listed $469,000 $296

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Micaville Elementary 8 miles KG-05 9
South Toe Elementary 9 miles KG-05 9

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
397 Reservoir Road, Spruce Pine NC 0 mi $299,900 days
9 Poplar Drive, Spruce Pine NC 0.4 mi $149,999 days
147 Walnut Avenue, Spruce Pine NC 0.6 mi $234,900 days
456 Tempie Mountain Road, Spruce Pine NC 0.7 mi $315,000 days
655 Overlook Drive, Spruce Pine NC 0.8 mi $199,000 days
658 Upper Hanging Rock Road, Spruce Pine NC 0.8 mi $245,000 days
1 to 6 of 18 Result

Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28777

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By Foxfire Real Estate, LLC

    397 Reservoir Road, Spruce Pine NC is a 1586 ft2 on a 0.660 acres lot. This is for $299,900. This has 3 bedrooms, 2 baths, and was built in 2005.

    Based on information submitted to the MLS GRID as of 2026-09-29 22:05:43 EST. 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. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.