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$525,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,383 Sq. Ft.
  • 1.28 Acres
  • Updated 2 days ago
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Located in a quiet Boone community just minutes from New Market Center, 556 Timberlane Drive offers four versatile levels of heated living space, a low-maintenance metal roof, and a paved driveway. The main level features a central kitchen and a spacious living room with tall ceilings, while the upper floor provides three bedrooms and two full bathrooms. The bottom two levels offer exceptional flexibility; one serves as an independent suite complete with an additional kitchen, living area, and sleeping quarters, while the lowest level functions as a dedicated workshop, home gym, or office. Exterior amenities include a wrap-around deck and ample patio space well-suited for outdoor seating and entertaining. Recently operated as an income-producing property generating a combined $3,900 per month (upper unit at $2,800 and lower unit at $1,100, utilities included), this layout presents an ideal opportunity for an owner-occupant to live comfortably in the upper levels while renting out the lower suite to offset expenses, or to maintain the entire property as a robust addition to an investment portfolio.

Full Property Details for 556 Timberlane Dr

General

  • Price: $525,000
  • HOA FEE: $10/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,290
  • Status: Active
  • Type: Single Family
  • Source: 2217
  • MLS ID: 264077
  • Updated: 9/2/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Attic, Second Kitchen, Window Treatments
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): One, Free Standing, Gas, Vented
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement

Additional Information

  • Security/Safety: Radon Mitigation System

Exterior

  • Exterior Features: Gravel Driveway, Paved Driveway

Parking

  • Parking Features: Driveway, Gravel, No Garage, Paved, Private

Location

  • Area: 1-Boone, Brushy Fork, New River
  • County: Watauga
  • Subdivision: Timberlane

School Information

  • Elementary School: Green Valley
  • High School: Watauga

Community

  • Community Name: 1-Boone, Brushy Fork, New River
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard, Electric, Other, See Remarks

Utilities

  • Sewer: Septic Permit 3 Bedroom
  • Water: Shared Well
  • Well: Yes
  • Utility Description: High Speed Internet Available

Structural Information

  • Architectural Style: Mountain, Traditional
  • Detached/Attached: Detached
  • Construction: Wood Siding, Wood Frame
  • Basement: Yes
  • Basement Desc.: Crawl Space, Finished
  • Roof: Metal
  • Windows: Double Pane Windows, Screens, Wood Frames, Window Treatments
  • Stories/Levels: 2
  • Square Feet: 2,383
  • Living Area: 2,383 Sq. Ft.
  • Finished Total: 2,383 Sq. Ft.
  • Finished Above Grnd: 1,594 Sq. Ft.
  • Finished Below Grnd: 789 Sq. Ft.
  • Year Built: 1994

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 1.28
  • Lot Size: 1.28
  • Frontage: Private Road, Gravel, Paved
  • Zoning: Residential

Financial Considerations

  • Association Fee: $120
  • Assoc Fee Freq.: Annually
  • Tax Amount: $1,290
  • Terms: Cash, Conventional, New Loan

Disclosures and Reports

  • Property ID: 2911-46-7606-000

Listed by Howard Hanna Allen Tate Real Estate Blowing Rock

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Listing agent

— 556 Timberlane Dr —

  • Howard Hanna Allen Tate Real Estate Blowing Rock

(828) 295-7337

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 556 Timberlane Dr

School District:Watauga County Schools
NameGradesDistance
Green Valley Elementary
189 Big Hill Road, Boone, NC 28607
PK-82.8 mi
Watauga High
300 Go Pioneers Drive, Boone, NC 28607
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 556 Timberlane Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/02/2026
Listed
$525,000
75.59%
MLS
8/27/2020
Sold
$299,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 556 Timberlane Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,290
10%
$319,400
32%
2021
$1,173
-7%
$241,200
-24%
2022
$1,255
7%
$319,400
32%
2020
$1,173
—
$241,200
—
2019
$1,173
12%
$241,200
—
2017
$1,052
10%
$241,200
—
2015
$956
—
$241,200
—
2014
$956
-1%
$241,200
—
2013
$967
—
$242,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Howard Hanna Allen Tate Real Estate Blowing Rock

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556 Timberlane Drive, Boone, NC 28607 (MLS# 264077) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 556 Timberlane Drive is currently listed for $525,000 and was received on September 02, 2026. Want to learn more about 556 Timberlane Drive? Do you have questions about finding other Single Family real estate for sale in Boone? You can browse all Boone real estate or contact a Coldwell Banker agent to request more information.

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