For Sale $299,000
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.
| List Price: | $299,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1712 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4307982 |
| Subdivision: | NONE |
| Style: | Ranch |
| Bathrooms: | 3 |
| Year Built: | 1953 |
| Sewer Type: | Public Sewer |
| Elementary: | Junaluska |
| Middle: | Waynesville |
| High: | Tuscola |
| Date | Event | Price | $/SQFT |
| 11-06-2025 | Price Decrease | $299,000-12.03% | $175 |
| 10-27-2025 | Listed | $339,900 | $199 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Junaluska Elementary | 2 miles | KG-05 | 9 |
| Riverbend Elementary | 4 miles | KG-05 | 10 |
| Bethel Elementary | 5 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.
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 |
| 541 Paragon Parkway, Waynesville NC | 0 mi | $299,000 | days | |
| 49 Walnut Ford Road, Waynesville NC | 0.3 mi | $369,000 | days | |
| 177 Forest Drive, Clyde NC | 0.5 mi | $280,000 | days | |
| 41 Vista Drive, Clyde NC | 0.5 mi | $440,000 | days | |
| 38 Eden Lane, Waynesville NC | 0.5 mi | $635,000 | days | |
| 40 Panda Trail, Waynesville NC | 0.5 mi | $948,500 | days |
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 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
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.
A Courtesy Listing Provided By Better Homes and Gardens Real Estate Heritage
541 Paragon Parkway, Waynesville NC is a 1712 ft2 on a 0.500 acres Appraisal lot. This is for $299,000. This has 3 bedrooms, 3 baths, and was built in 1953.
Based on information submitted to the MLS GRID as of 2025-10-27 11:41:48 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.
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