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$491,000

  • Sold
  • Closed
  • Mobile Home
  • 4 Beds
  • 2 Full Baths
  • 1,848 Sq. Ft.
  • 1 Acres
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Rare Investment Opportunity in Boone! Two Homes on One Acre for $499,000. Opportunities like this don't come around often, two separate homes on one acre in Boone, priced well below replacement value. Whether you're an investor seeking strong cash flow or a parent of an Appalachian State student looking to offset housing costs, this property is tailor-made for you. The main home is a spacious 4-bedroom, 2-bathroom residence currently rented at $2,650/month, providing immediate income. Thoughtful upgrades add character and long-term value, including tongue-and-groove ceilings, a new wood stove (2022), updated ceiling fans (2022), a newer kitchen island, and a brand-new roof (July 2025). Just down the property, you'll find a second home, a modern 2023 double-wide manufactured home with 2 bedrooms, 2 bathrooms, plus an additional sleeping room. Everything here is new, covered under a transferrable comprehensive warranty until July 2028, and designed for low-maintenance living. Market rent is estimated at $1,800/month, creating strong dual-income potential. Together, these homes could conservatively generate $4,400+ per month in rental income, positioning this property as a high-yield portfolio addition. Parents of college students will also love the flexibility, rent out one home while your student lives affordably in the other, with or without roommates. If sold separately, these homes could likely command closer to $600,000 combined, but subdivision would require acquiring additional land to meet county regulations. At $499,000 for both homes together, this is an investor's dream: instant income, long-term upside, and built-in flexibility.

Full Property Details for 224 & 234 Laurel Gap Ridge Rd

General

  • Sold For: $491,000
  • Taxes: $1,647
  • Status: Closed
  • Type: Mobile Home
  • Source: 2217
  • MLS ID: 258196
  • Added to Site: 118 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup, In Basement, Main Level

Exterior

  • Exterior Features: Gravel Driveway, Paved Driveway
  • Porch/Patio/Deck: Multiple

Parking

  • Carports: Yes
  • Parking Features: Asphalt, Carport, Driveway, Gravel, Paved, Private, Shared Driveway

Location

  • Area: 3-Elk, Stoney Fork (Jobs Cabin, Elk, WILKES)
  • County: Watauga
  • Subdivision: None

School Information

  • Elementary School: Parkway
  • High School: Watauga

Community

  • Community Name: 3-Elk, Stoney Fork (Jobs Cabin, Elk, WILKES)

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, None
  • Heating Type: Baseboard, Electric, Heat Pump, Space Heater, Wood Stove, Wall Furnace

Utilities

  • Sewer: Other, Septic Tank, See Remarks
  • Water: Shared Well
  • Well: Yes
  • Cable Available: Yes
  • Utility Description: Cable Available, High Speed Internet Available, Septic Available

Structural Information

  • Architectural Style: Manufactured Home, Traditional
  • Detached/Attached: Detached
  • Construction: Manufactured, Stone, Vinyl Siding, Wood Siding, Wood Frame
  • Basement: Yes
  • Basement Desc.: Crawl Space, Finished
  • Roof: Asphalt, Shingle
  • Stories/Levels: 2
  • Square Feet: 1,848
  • Living Area: 2,236 Sq. Ft.
  • Finished Total: 2,236 Sq. Ft.
  • Finished Above Grnd: 1,118 Sq. Ft.
  • Finished Below Grnd: 1,118 Sq. Ft.
  • Year Built: 1978

Manufactured Home

  • Mobile Home Type: Double Wide

Additional Structures

  • Other Structures: Living Quarters

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 1
  • Lot Size: 1
  • Road Maintenance: Public Maintained Road

Financial Considerations

  • Tax Amount: $1,647.54
  • Terms: Cash, Conventional, New Loan

Disclosures and Reports

  • Property ID: 2941242674000

Listed by Keller Williams High Country
Sold by Nonmls

Listing agents

— 224 & 234 Laurel Gap Ridge Rd —

  • Keller Williams High Country

  • Keller Williams High Country

(828) 719-9483

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 224 & 234 Laurel Gap Ridge Rd

School District:Watauga County Schools
NameGradesDistance
Parkway Elementary
160 Parkway School Drive, Boone, NC 28607
PK-80.5 mi
Watauga High
300 Go Pioneers Drive, Boone, NC 28607
9-124.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 224 & 234 Laurel Gap Ridge Rd

Date
Details
Price
Change
Source
10/29/2025
Sold
$491,000
-1.6%
MLS
9/22/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Home Warranty : Included

Listed by Keller Williams High Country
Sold by Nonmls

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Recent Sales near 224 & 234 Laurel Gap Ridge Rd

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234 & 234 Laurel Gap Ridge Rd, Boone, NC 28607 - Photo 1 Sold
$491,000

234 & 234 Laurel Gap Ridge Rd  Boone, NC 28607

  • Single Family
  • Closed
  • 6
    Beds
  • 4
    Total Baths
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224 & 234 Laurel Gap Ridge Road, Boone, NC 28607 (MLS# 258196) is a Mobile Home property that was sold at $491,000 on October 29, 2025. Want to learn more about 224 & 234 Laurel Gap Ridge Road? Do you have questions about finding other Mobile Home real estate for sale in Boone? You can browse all Boone real estate or contact a Coldwell Banker agent to request more information.