Brevard · Brevard, NC
565 Neely Road
Brevard, NC · 1,143 sqft
$499,000
Reduced from $560,000
- 5Beds
- 3Baths
- 1,143SqFt
- 1946Year
- 983Days on market
About this home
Welcome to 565 Neely Road — a rare and remarkable multi-generational home in the heart of Brevard, NC, where comfort, care, and connection come together. This thoughtfully maintained property tells a story that goes far beyond its walls — a true legacy of love. For years, it has been a place where generations have gathered, memories have been made, and every detail has been lovingly cared for. From its inviting living spaces to its well-kept grounds, pride of ownership is evident at every turn. Designed with flexibility in mind, this home is ideal for multi-generational living, offering the space and privacy needed for extended family while still fostering togetherness. In addition to the main residence, the property features separate apartments that present an excellent opportunity for income-producing potential — perfect for long-term tenants, guests, or supplemental rental income. Whether you're envisioning shared meals, quiet mornings, lively celebrations, or a smart investment, this property offers it all. Warm, welcoming, and rich with history, 565 Neely Road is more than just a home — it’s an opportunity to continue a beautiful story while building financial opportunity for the future. Come experience the comfort, character, and enduring charm for yourself. (newer roof and paint) Two apartments with month-to-month tenants (income potential!) Unfinished storage areas below apartments totaling 883 sq. ft. Oversized city lot – potential for additional storage structure (with City approval) Important Notes: Property is a non-conforming, pre-existing use since zoning is residential (not multi-family). Please consult with the City of Brevard regarding any changes, permitting, or redevelopment plans. Heated Living Area (HLA) is based on the home and one apartment: Apt #1: Ceiling height 6’9”–6’10” (346 sq. ft. not included in HLA). Apt #2: 175 sq. ft. not included in HLA. Showings: House and apartments available by appointment. 48-hour notice required to show apartments. This property is perfect for investors, multi-generational living, or those seeking rental income in the heart of Brevard. Cash Only! Also listed in Multi Family # 3937381
Property details
- Beds
- 5
- Baths
- 3
- SqFt
- 1,143
- Lot
- —
- Year built
- 1946
- Type
- Single Family
- Days on market
- 983
- Style
- Other
- Heating
- Ductless, Floor Furnace, Heat Pump, Natural Gas
- Cooling
- Ceiling Fan(s), Heat Pump, Window Unit(s)
- Foundation
- Basement
- Flooring
- Carpet, Laminate, Linoleum, Vinyl, Wood
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,610/ month
- Principal & interest
- $3,090
- Property tax (~0.90%)
- $374
- Homeowners insurance
- $145
- HOA dues
- —
Down payment
$24,950 down · $474,050 financed
Income to qualify (28% rule)
~$154,724 / 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.