Price improvement! 505 Reservoir Road is a true turn-key mountain home in a prime Burnsville Location. Don’t miss this rare opportunity to own a fully furnished, move-in ready mountain retreat just up the hill from Main Street Burnsville. Whether you're looking for a full-time residence or a high-performing short-term rental, this home delivers. With 4 bedrooms that sleep 10 (All new mattresses and bed frames), 2 ½ baths, a brand-new kitchen, and an open-concept layout filled with natural light and mountain views, this home is designed for comfort and flexibility. Enjoy morning coffee or evening sunsets on the expansive deck and screened porch, surrounded by 1.28 private, wooded acres. Recent upgrades include a new roof, windows, fresh interior and exterior paint, and stylish new furnishings. The proven rental income potential—grossing nearly $77,000 annually—means you can start earning from day one. Live, rent, or do both—this is mountain living at its most convenient. Schedule your showing today!
Closed
$469,388
505 Reservoir Rd, Burnsville, NC 28714
4beds
1,817sqft
Single Family Residence
Built in 1972
1.28 Acres Lot
$474,100 Zestimate®
$258/sqft
$2,777 Estimated rent
Home value
$474,100
Estimated sales range
Not available
$2,777/mo
Zestimate® history
Owner options
List your home for rent
$2,777/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,777/mo
Rent Zestimate®
Refinance and save
$2,700/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,700/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Mountain viewsPrivate wooded acresNatural lightExpansive deckScreened porchOpen-concept layoutBrand-new kitchen
Zillow last checked:
Listing updated:
Listing Provided by:
Ben Woolf ben.woolf@mackeyrealty.com,
Mackey Realty LLC
Bought with:
Crystal Garland
RE/MAX RESULTS
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4305974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 151.47 Square Feet
- Dimensions: 13' 1" X 11' 7"
Bedroom s
- Level: Main
- Area: 98.43 Square Feet
- Dimensions: 8' 6" X 11' 7"
Bedroom s
- Level: Upper
- Area: 175.67 Square Feet
- Dimensions: 15' 2" X 11' 7"
Bedroom s
- Level: Upper
- Area: 206.01 Square Feet
- Dimensions: 13' 7" X 15' 2"
Bathroom full
- Level: Main
- Area: 62.01 Square Feet
- Dimensions: 7' 11" X 7' 10"
Bathroom full
- Level: Upper
- Area: 35.92 Square Feet
- Dimensions: 11' 4" X 3' 2"
Bathroom half
- Level: Basement
- Area: 44.82 Square Feet
- Dimensions: 5' 2" X 8' 8"
Den
- Level: Main
- Area: 178.53 Square Feet
- Dimensions: 14' 8" X 12' 2"
Kitchen
- Level: Main
- Area: 122.76 Square Feet
- Dimensions: 7' 11" X 15' 6"
Living room
- Level: Main
- Area: 353.34 Square Feet
- Dimensions: 23' 2" X 15' 3"
Loft
- Level: Upper
- Area: 130.51 Square Feet
- Dimensions: 8' 5" X 15' 6"
Workshop
- Level: Basement
- Area: 228.35 Square Feet
- Dimensions: 9' 9" X 23' 5"
Heating
- Central, Forced Air, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
- Laundry: In Kitchen, Main Level
Features
- Breakfast Bar, Built-in Features, Storage, Walk-In Closet(s)
- Flooring: Laminate, Tile, Vinyl, Wood
- Basement: Basement Garage Door,Full,Interior Entry,Storage Space,Walk-Out Access
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 1,817
- Total interior livable area: 1,817 sqft
- Finished area above ground: 1,817
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Basement, Detached Garage, Garage on Main Level
- Garage spaces: 2
- Details: 1 car basement garage, 1 car detached garage, additional parking in driveway and along the road
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered, Deck, Screened, Wrap Around
- Exterior features: Fire Pit
- Has view: Yes
- View description: Long Range, Mountain(s), Winter
Lot
- Size: 1.28 Acres
- Features: Private, Sloped, Views, Wooded
Details
- Parcel number: 082014334061.000
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Wood
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Wired Internet Available
Community & neighborhood
Location
- Region: Burnsville
- Subdivision: none
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $469,388-14.7%$258/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4305974 Report a problem | ||
| 11/23/2025 | Price change | $550,000-1.8%$303/sqft |
Source: Canopy MLS as distributed by MLS GRID #4305974 Report a problem | ||
| 11/13/2025 | Price change | $560,000-1.8%$308/sqft |
Source: Canopy MLS as distributed by MLS GRID #4305974 Report a problem | ||
| 10/27/2025 | Price change | $570,000-1.7%$314/sqft |
Source: Canopy MLS as distributed by MLS GRID #4305974 Report a problem | ||
| 10/6/2025 | Listed for sale | $580,000+28.9%$319/sqft |
Source: Canopy MLS as distributed by MLS GRID #4305974 Report a problem | ||
| 9/13/2023 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #4045893 Report a problem | ||
| 7/31/2023 | Listed for sale | $450,000+76.5%$248/sqft |
Source: Canopy MLS as distributed by MLS GRID #4045893 Report a problem | ||
| 3/10/2021 | Sold | $255,000-5.2%$140/sqft |
Source: Canopy MLS as distributed by MLS GRID #3687504 Report a problem | ||
| 2/8/2021 | Contingent | $269,000$148/sqft |
Source: Canopy MLS as distributed by MLS GRID #3687504 Report a problem | ||
| 12/3/2020 | Listed for sale | $269,000$148/sqft |
Source: Carolina Mountain Realty, Inc. #3687504 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,311 | $444,500 |
| 2024 | $2,311 +100.7% | -- |
| 2023 | $1,151 | $191,910 |
| 2022 | $1,151 -10.2% | $191,910 -10.2% |
| 2021 | $1,282 +1.5% | $213,610 +1.5% |
| 2020 | $1,263 | $210,520 |
| 2019 | $1,263 | $210,520 |
| 2018 | $1,263 | $210,520 |
| 2017 | $1,263 +8.7% | $210,520 +8.7% |
| 2016 | $1,162 | $193,720 -1% |
| 2015 | $1,162 +18.7% | $195,760 |
| 2014 | $979 | $195,760 |
| 2013 | -- | $195,760 |
| 2012 | -- | $195,760 |
| 2011 | -- | $195,760 |
| 2010 | -- | $195,760 |
Find assessor info on the county website
Neighborhood: 28714
Nearby schools
GreatSchools rating
- NAYancey County Learning AcademyGrades: K-8Distance: 2.2 mi
- 5/10Mountain Heritage HighGrades: PK,9-12Distance: 1.9 mi
- 3/10Burnsville ElementaryGrades: PK-5Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Burnsville
- Middle: East Yancey
- High: Mountain Heritage
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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$474,100
2% more
+$9,482
With Zillow Showcase(estimated)
$483,582
- North Carolina
- Yancey County
- Burnsville
- 28714
- 505 Reservoir Rd
Nearby cities
Nearby zip codes
Other Burnsville Topics
