Boone · Boone, NC
188 Laurel Hill Drive #5
Boone, NC · 1,842 sqft
$649,000
- 2Beds
- 2Baths
- 1,842SqFt
- 1983Year
- 5Days on market
About this home
Sensational full-time home or investment property! Mountain Views, Highly-Desirable Neighborhood, with short- and long-term rentals permitted! Welcome to this wonderful two-bedroom, two-bathroom home in the highly desirable neighborhood of Laurel Hill. This cute cottage offers the perfect blend of mountain living, investment potential, and convenience. The floor plan is thoughtfully designed to take advantage of the awe-inspiring Grandfather Mountain view, with a spacious front porch (complete with swing,) and a large deck overlooking the Blue Ridge Mountains. The first-level includes a large family room complete with a flat screen television and a wet bar for entertaining. The second-level living room includes a wood-burning fireplace adding character and providing a cozy ambiance on those cold winter nights, plus the primary bedroom and updated bathroom. Whether you're searching for a full-time residence, mountain getaway, or investment property, this home offers exceptional flexibility. Short-term and long-term rentals are permitted, and the property has an impressive rental history, generating $34,560 in annual rental income under a long-term lease in each of the past three years. Recent improvements include new bathroom vanities and ceramic tile flooring. The bonus room (used as an additional bedroom) features a convenient built-in desk for working from home or studying. The detached two-car garage provides ample parking and storage. Enjoy easy access to the Blue Ridge Parkway, Tweetsie Railroad, Appalachian State University, and all of the charming mountain communities of the High Country of North Carolina. With mountain views, rental income potential, desirable amenities, and an outstanding location, this property is an exceptional opportunity to own a piece of the High Country.
Property details
- Beds
- 2
- Baths
- 2
- SqFt
- 1,842
- Lot
- —
- Year built
- 1983
- Type
- Single Family
- Days on market
- 5
- Garage
- 2
- Style
- Cottage
- Heating
- Baseboard, Propane
- Cooling
- None
- Foundation
- None
- Flooring
- Carpet, Linoleum, Tile
- View
- Long Range, Mountain(s), Year Round
- HOA dues
- $1,200 / yr
Features
- Built-in Features
- Wet Bar
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$4,795/ month
- Principal & interest
- $4,019
- Property tax (~0.90%)
- $486
- Homeowners insurance
- $189
- HOA dues
- $100
Down payment
$32,450 down · $616,550 financed
Income to qualify (28% rule)
~$205,520 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she 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.