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  • $299,900

    397 Reservoir Rd, Spruce Pine, NC 28777

    3beds
    1,586sqft
    : 
    $2,045/mo
    Get pre-qualified
    Modular
    Built in 2005
    0.66 Acres Lot
    $292,200 Zestimate®
    $189/sqft
    $-- HOA

    What's special

    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.
    6 days
    294
    13

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Franklin Peter@FoxfireElite.com,

    Foxfire Real Estate, LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4429844MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Main
      Dining area
      • Level: Main
      Kitchen
      • Level: Main
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Washer/Dryer
      • Laundry: Mud Room, Utility Room, Inside, Laundry Room, Main Level
      Features
      • Attic Other, Breakfast Bar, Open Floorplan, Pantry, Walk-In Closet(s)
      • Has basement: No
      • Attic: Other
      • Fireplace features: Gas Log, Living Room
      Interior area
      • Total structure area: 1,586
      • Total interior livable area: 1,586 sqft
      • Finished area above ground: 1,586
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Carport, Driveway
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Fencing: Back Yard,Fenced
      Lot
      • Size: 0.66 Acres
      • Features: Corner Lot, Level, Private, Wooded
      Details
      • Additional structures: Outbuilding
      • Parcel number: 089014445987
      • Zoning: R-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Modular
      Materials
      • Vinyl
      • Foundation: Crawl Space
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City
      • Utilities for property: Cable Available, Propane

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Spruce Pine
      • Elevation: 2500 Feet

      Financial & listing details

      • Price per square foot: $189/sqft
      • Tax assessed value: $173,900
      • Annual tax amount: $974
      • Date on market: 9/29/2026
      • Cumulative days on market: 7 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Gravel, Paved

        Estimated market value

        $292,200

        $278,000 - $307,000

        $1,737/mo

        Price history

        DateEventPrice
        9/29/2026Listed for sale$299,900+1099.6%$189/sqft
        Source: Canopy MLS as distributed by MLS GRID #4429844 Report a problem
        3/24/2005Sold$25,000$16/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$974 $173,900
        2024$974 $173,900
        2023$974 $173,900
        2022$974 +27.7%$173,900 +32.2%
        2021$763 $131,500
        2020$763 $131,500
        2019$763 $131,500
        2018$763 -0.2%$131,500 -0.2%
        2017$764 +9.4%$131,700
        2016$698 $131,700
        2015$698 $131,700
        2014$698 +4.3%$131,700 -21.3%
        2013$669 $167,300
        2012$669 $167,300
        2011$669 $167,300
        2010-- $167,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28777

        Getting around

        14 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mitchell
        • Middle: Mitchell
        • High: Mitchell

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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