Watauga Co Investor Opportunity – Cash Only / As-Is Sale – Offered Furnished
Prime location on the east side of Boone just outside town limits, this property offers exceptional potential for investors or those looking for a project in a high-demand area. Conveniently located near Watauga Medical Center, Samaritan’s Purse, and just 10 minutes to downtown Boone and Appalachian State University, the setting makes it especially attractive for future rental use, including student housing.
Currently configured as a 3-bedroom, 1.5-bath home, the property is being marketed as a 1-bedroom due to anticipated impacts from upcoming NCDOT road improvements. The Bamboo Road frontage is scheduled for drainage enhancements and roadway widening associated with a planned traffic circle project located further down the road. Supporting documentation, including maps and plans, is available for review.
Watauga County Environmental Health recommends completing the transition to a 1-bedroom septic system prior to the start of planned NCDOT improvements. While an exact construction timeline has not been finalized, work is currently estimated to begin around 2027 (timeline subject to change).
As part of the project, the driveway is expected to be relocated further up Sunny Knoll Acres, with relocation handled by NCDOT. The existing septic system, located in the front of the home, may be impacted by construction. The seller has proactively secured a new 1-bedroom septic permit (not yet installed) and has obtained an estimate for the work, allowing the next owner to complete installation.
The home itself features a functional layout with all bedrooms on the main level, a cozy kitchen with eat-in area, a standalone gas fireplace, and access to a rear deck. The walkout basement includes a one-car garage, laundry area, and approximately 600 SF of additional space for storage or a workshop.
Offered furnished for added convenience and immediate rental potential.
Priced accordingly to reflect condition, septic considerations, and upcoming road improvements. This is a strong opportunity for investors seeking value in a growing Boone location.
For sale
$199,000
5416 Bamboo Road, Boone, NC 28607
1beds
992sqft
Est.:
Single Family Residence
Built in 1985
0.46 Acres Lot
$-- Zestimate®
$201/sqft
$-- HOA
What's special
Standalone gas fireplaceLaundry areaOne-car garageWalkout basement
- 9 days |
- 2,337 |
- 78 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 09, 2026 at 10:19am
Listed by:
Kathleen Medlin (828)264-9111,
Century 21 Mountain Vistas
Source: High Country AOR,MLS#: 260661
Originating MLS: High Country Association of Realtors Inc.
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric, Fireplace(s), Hot Water
Cooling
- None
Appliances
- Included: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Basement
Features
- Furnished
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Free Standing, Gas, Propane
- Furnished: Yes
Interior area
- Total structure area: 1,856
- Total interior livable area: 992 sqft
- Finished area above ground: 992
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Basement, Concrete, Driveway, Garage, One Car Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Residential
Lot
- Size: 0.46 Acres
Details
- Parcel number: 2920278024000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Septic Permit 1 Bedroom
- Water: Private, Well
- Utilities for property: High Speed Internet Available
Community & HOA
Community
- Features: Long Term Rental Allowed, Short Term Rental Allowed
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Boone
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $262,000
- Annual tax amount: $833
- Date on market: 4/3/2026
- Listing terms: Cash,New Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,009/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $199,000-26.3%$201/sqft |
Source: | ||
| 10/1/2025 | Listing removed | $270,000$272/sqft |
Source: | ||
| 8/5/2025 | Contingent | $270,000$272/sqft |
Source: | ||
| 7/7/2025 | Price change | $270,000-10%$272/sqft |
Source: | ||
| 6/3/2025 | Listed for sale | $300,000+4.2%$302/sqft |
Source: | ||
| 1/31/2022 | Sold | $288,000-3.4%$290/sqft |
Source: | ||
| 11/24/2021 | Contingent | $298,000$300/sqft |
Source: | ||
| 11/22/2021 | Price change | $298,000+1%$300/sqft |
Source: | ||
| 10/13/2021 | Listed for sale | $295,000+84.4%$297/sqft |
Source: | ||
| 8/21/2018 | Listing removed | $1,375$1/sqft |
Source: Boone High Country Rentals Report a problem | ||
| 8/2/2018 | Listed for rent | $1,375$1/sqft |
Source: Boone High Country Rentals Report a problem | ||
| 5/15/2018 | Sold | $160,000-5.6%$161/sqft |
Source: Public Record Report a problem | ||
| 9/5/2017 | Listing removed | $169,500$171/sqft |
Source: Owner Report a problem | ||
| 7/19/2017 | Price change | $169,500-2.9%$171/sqft |
Source: Owner Report a problem | ||
| 6/22/2017 | Price change | $174,500+2.7%$176/sqft |
Source: Owner Report a problem | ||
| 3/13/2017 | Price change | $169,900-2.6%$171/sqft |
Source: Owner Report a problem | ||
| 11/9/2016 | Listed for sale | $174,500$176/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,093 | $262,000 |
| 2023 | $1,093 +2.1% | $262,000 |
| 2022 | $1,070 +50% | $262,000 +91.5% |
| 2021 | $713 | $136,800 |
| 2020 | $713 | $136,800 |
| 2019 | $713 | $136,800 |
| 2018 | $713 +10.6% | $136,800 |
| 2017 | $645 +9.3% | $136,800 +2.5% |
| 2013 | $590 | $133,500 |
| 2012 | -- | $133,500 |
| 2011 | -- | $133,500 |
| 2010 | -- | $133,500 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,107/mo
Principal & interest
$1039
Property taxes
$68
More affordability tools
Climate risks
Neighborhood: 28607
Nearby schools
GreatSchools rating
- 8/10Hardin Park ElementaryGrades: PK-8Distance: 1.6 mi
- 8/10Watauga HighGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Hardin Park
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 28607
- North Carolina
- Watauga County
- Boone
- 28607
- 5416 Bamboo Road





