505 Reservoir Road, Burnsville, NC 28714 - Photo 1

1/1

$469,388

Sold
Closed
Single Family
4 Beds
2 Full Baths
1 Partial Bath
2 Car Garage
Updated 6 days ago

1/1

Property Description

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!

Full Property Details

Full Property Details for 505 Reservoir Rd

General

Sold For: $469,388
Status: Closed
Type: Single Family
Source: Charlotte_Regional_Realtor_Association
MLS ID: 4305974
Added to Site: 101 day(s) ago

Interior

Interior Features: Breakfast Bar, Built-in Features, Split Bedroom, Storage, Walk-In Closet(s)
Fireplace: Yes
Fireplace(s): Electric, Gas Log, Living Room, Electric, Gas Log, Living Room
Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
Flooring: Laminate, Tile, Vinyl, Wood

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Upper - Full Baths: 1
Main - Full Baths: 1

Bedrooms

Total Bedrooms: 4
Bedrooms Upper: 2
Bedrooms Main & Up: 2

Other Rooms

Laundry: In Kitchen, Main Level

Exterior

Exterior Features: Fire Pit

Parking

Garage: Yes
Garage Description: 288 Sq. Ft.
Garage Spaces: 2
Parking Features: Basement, Detached Garage

Location

County: Yancey
Driving Directions: From Asheville: I-26 W towards Weaverville / Mars Hill, take exit 9 onto US-19E for 16.5 miles to right onto Reservoir Road at the CVS at the Burnsville Town Center. Keep left to stay on Reservoir Road, and then stay to the right to go up to 505 Reservoir Road on your left.

School Information

Elementary School: Burnsville
Middle School: East Yancey
High School: Mountain Heritage

Heating & Cooling

Cooling Type: Wall Unit(s)
Heating Type: Central, Forced Air, Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Available, Electricity Connected, Natural Gas, Wired Internet Available

Structural Information

Architectural Style: Cabin
Construction: Site Built
Exterior Const.: Wood
Basement: Yes
Basement Desc.: Basement Garage Door, Full, Interior Entry, Storage Space, Walk-Out Access
Roof: Architectural Shingle
Upper: 506 Sq. Ft.
Main/1st Level: 1,311 Sq. Ft.
Year Built: 1972

Lot Features

Street/Road Desc.: Concrete, Paved
Elevation (Approx.): 2500
Lot Features: Private, Sloped, Views, Wooded
Rcmdd Zoning: R-10

Financial Considerations

Terms: Cash, Conventional, VA Loan

Disclosures and Reports

Restrictions: No Restrictions
Property ID: 82014334061
Plat: 4/396
Lot Number: 844/218

Listed by Mackey Realty LLC
Sold by Re/Max Results

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— 505 Reservoir Rd —

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Schools

Schools serving 505 Reservoir Rd

School District:Yancey County Schools

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 505 Reservoir Rd

Date

Details

Price

Change

Source

1/08/2026

Sold

$469,388

-14.66%

MLS

11/23/2025

Price Reduced

$550,000

-1.79%

MLS

11/13/2025

Price Reduced

$560,000

-1.75%

MLS

10/27/2025

Price Reduced

$570,000

-1.72%

MLS

10/06/2025

Listed

$580,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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505 Reservoir Road, Burnsville, NC 28714 (MLS# 4305974) is a Single Family property that was sold at $469,388 on January 08, 2026. Want to learn more about 505 Reservoir Road? Do you have questions about finding other Single Family real estate for sale in Burnsville? You can browse all Burnsville real estate or contact a Coldwell Banker agent to request more information.

505 Reservoir Rd Burnsville, NC 28714