541 Paragon Parkway For Sale
541 Paragon Parkway, Waynesville, NC 28786
1,712 SqFt.
3 Bedrooms
1½ BathsProperty Description
Investment opportunity meets location and income potential! Welcome to 541 Paragon Parkway, a charming brick ranch-style single-family home offering 1,712 square feet +/- of living space on a generous 0.5-acre lot. This home features 3 bedrooms, 1 full bathroom, and a convenient half bath, all laid out in a classic, functional floor plan that’s ready for your updates or renovations. Currently leased at below market rate of $900/month with a month-to-month tenant, this property provides immediate income while offering flexibility for future use—whether you’re looking to add to your portfolio or make it your own residence. An added bonus? There’s a billboard located on the property that brings in an additional $2,200 annually—a rare find for passive income in a residential setting! The home is part of an estate sale and is being sold AS IS, giving investors or homebuyers a chance to unlock its full potential with some cosmetic updates. Whether you're planning to renovate and resell, rent at market rate, or move in and personalize it, the possibilities are wide open. Centrally located in Haywood County, this property is convenient to schools, shopping, dining, and local amenities, making it a strategic spot for long-term value. With solid bones, an income-generating asset on-site, and a prime location, this is an opportunity you don’t want to miss.
Listed by Better Homes and Gardens Real Estate Heritage
The MLS data provided for the property above (MLS#4307982) is provided courtesy of Zilbert.com. Source: CanopyMLS. Data updated 3/14/2026. Mark Zilbert is a member of the Zilbert Network and is licensed with Zilbert as a cooperating broker or cooperating agent and may not be the listing agent for this property. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Canopy Realtor Association. All rights reserved. The information being provided is for consumer personal, non-commercial use. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
