Skip to content
Active
$499,000 Est. $3,438/mo — Get pre-qualified
3beds 3.5baths 2,381sq ft 1.28acres

556 Timberlane Drive · Boone, NC 28607

View map

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.

Features & Amenities

Living Area2,381 Sq.Ft.
Bedrooms3
Baths3.5
FireplaceYes
Year Built1994
StatusActive
Lot Size1.28 Acres
SubdivisionTimberlane
CountyWatauga
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market35
Last UpdatedOct 7, 2026
HOAYes — $1 / year
ElementaryGreen Valley Elementary School
MiddleUnknown Middle School
HighWatauga High School
Presented By: Howard Hanna Allen Tate Real Estate Blowing Rock; will.kelly@allentate.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 7, 2026 Price Reduced $525,000 → $499,000 ▾ $26,000 (5.0%)

Monthly Cost Estimate

$
%
$
%
$
$
$
Estimated Payment
— / month
Principal & Interest—
Property Taxes—
Home Insurance—
HOA Dues—

* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

Similar Homes

Nearby Homes for Sale

High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: Oct 7, 2026