5416 Bamboo Road, Boone, NC 28607 (MLS # 260661)

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PRICE $199,000 BEDS 1 BATHS 2 HOME SIZE 992 sqft LOT SIZE 20,038 sqft Request More Info Schedule a Showing

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. The home is currently configured as a 3 bedroom, 1.5 bath; however, due to upcoming NCDOT road improvements, it is being marketed as a 1-bedroom property. Bamboo Road frontage will undergo DOT construction to improve drainage and widen the roadway as part of a new traffic circle project. Detailed maps, plans, and documentation are available. As part of the project, the driveway is expected to be relocated further up Sunny Knoll Acres, with relocation handled by NCDOT. The existing 3-bedroom 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 after construction if needed. 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 limitations, and upcoming road improvements. This is a strong opportunity for investors seeking value in a growing Boone location.