For Sale $220,000
Imagine waking up to the tranquil sounds in the WNC mountains. This 3-bedroom, 1-bath home in the beautiful Pensacola community is your chance to create the mountain home you've always dreamed of. Situated on a 1.48-acre level to sloping lot, this property offers a blank canvas for your vision, just 10 minutes from Burnsville and 40 minutes from Asheville. Whether you're looking for a great starter home, a savvy investment property, or a peaceful retirement home, this is the place for you! Beyond the main house, you'll find a massive 30x40 detached metal garage on a concrete slab, perfect for a workshop, a studio, or storing all your favorite toys. With a convenient concrete driveway and road frontage on Highway 197 S, access is a breeze. This is more than just a house; it’s an opportunity to build a life in a special place. Bring your ideas and make this home your own!
Attic Other, Open Floorplan
List Price: | $220,000 |
Status: | For Sale |
Bedrooms: | 3 |
Type: | Single Family Residence |
Approx Sq. Ft.: | 1008 sqft |
Parking: | Driveway |
MLS Number: | CAR4296309 |
Subdivision: | Satellite Mtn Estates |
Bathrooms: | 1 |
Lot Description: | Flood Fringe Area, Hilly, Level, Sloped, Views |
Year Built: | 1958 |
Sewer Type: | Septic Installed, Other - See Remarks |
Elementary: | Burnsville |
Middle: | East Yancey |
High: | Mountain Heritage |
Date | Event | Price | $/SQFT |
10-16-2025 | Under Contract | $220,000-7.56% | $219 |
09-16-2025 | Listed | $238,000 | $237 |
These schools are only nearby your property search, you must confirm exact assigned schools.
School Name | Distance | Grades | Rating |
Burnsville Elementary | 5 miles | KG-05 | 5 |
Micaville Elementary | 7 miles | KG-05 | 9 |
Bald Creek Elementary | 7 miles | KG-05 | 10 |
South Toe Elementary | 7 miles | KG-05 | 9 |
Clearmont Elementary | 8 miles | KG-05 | 8 |
Bee Log Elementary | 10 miles | KG-05 | 7 |
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 |
5511 State Hwy 197 S Highway, Burnsville NC | 0 mi | $220,000 | days | |
5381 State HWY 197 S Highway, Burnsville NC | 0.1 mi | $337,000 | days | |
370 Appaloosa Trail, Burnsville NC | 0.2 mi | $695,000 | days | |
272 Appaloosa Trail, Burnsville NC | 0.2 mi | $445,000 | days | |
12 Goodtime Lane, Burnsville NC | 0.5 mi | $305,000 | days | |
43 Honey Hill, Burnsville NC | 0.5 mi | $298,000 | 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 |
Powered by Google Maps
Down Payment Amount | $990,000 |
Mortgage Amount | $3,960,000 |
Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
Property Taxes |
$
|
H.O.A. / Maintenance |
$
|
Property Insurance |
$
|
Total Monthly Payment | $20,941 |
Occupancy Types |
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 RE/MAX RESULTS
5511 State Hwy 197 S Highway, Burnsville NC is a 1008 ft2 on a 1.480 acres lot. This is for $220,000. This has 3 bedrooms, 1 baths, and was built in 1958.
Based on information submitted to the MLS GRID as of 2025-09-16 11:42:07 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.