541 Paragon Parkway, Waynesville, NC 28786

• 3 beds |
• 2 baths |
• 1,712 sqft

Property Description

Is there a 3-bedroom brick rancher under $300K in Haywood County with updates, basement space, and income potential?** 541 Paragon Parkway delivers with fresh interior updates, 1,712 square feet of living space, a full unfinished basement ready for expansion, and a rare billboard lease producing approximately $2,200 per year. Welcome to 541 Paragon Parkway, a classic 1953 brick ranch home offering approximately 1,712 square feet of living space on a generous 0.5-acre lot in a convenient Haywood County location close to everyday amenities. This 3-bedroom, 1 full bath, and 1 half bath home features a practical layout with recent improvements already completed, making it ready for occupancy, rental income, or future updates. Recent improvements include: • Fresh interior paint throughout the home • New carpet in key living areas and bedrooms • Durable new vinyl plank flooring • New garage door for the attached one-car garage The home also includes a full unfinished basement, offering significant additional square footage for storage, workshop space, or future finished living areas. With some sheetrock already in place, the basement provides a strong starting point for buyers looking to add value or expand usable space. A truly unique feature of this property is the billboard located on the property that generates approximately $2,200 annually, creating a rare passive income opportunity that can help offset ownership costs. Situated on approximately half an acre, the property provides space to enjoy the outdoors while still being conveniently located near shopping, dining, schools, and major routes throughout Haywood County. Whether you're looking for a move-in-ready home, an investment property, or a place with future potential, this 3-bedroom brick rancher offers solid construction, recent updates, expansion possibilities, and a unique income-producing feature rarely found in residential properties.

Listing Status:

Active

Data Last Updated:

March 25, 2026 at 9:17PM

Listing Office:

Better Homes and Gardens Real Estate Heritage : 828-926-5200

MLS ID:

4355226

Interior

• Appliances: Electric OvenElectric Range
• Laundry: Electric Dryer HookupMain LevelWasher Hookup
• Basement: Interior EntryUnfinished
• Flooring: Vinyl
• A/C: N/A
• Heating: BaseboardWood Stove
• Fireplace: Living RoomWood Burning StoveFireplace

Exterior

• Style: Ranch
• Parking: Driveway

Construction

• Roofing: Composition
• General: Site BuiltBasement

Location

• Road/Access: GravelPaved
• Originating MLS: carolina
• County: Haywood

Lot

• Zoning: 8627-50-2237
• Restrictions: N/A

Utilities

• Utilities: Electricity Connected
• Water: City
• Sewer: Public Sewer

Financial

• Source: carolina