Single Family Residence at 397 Reservoir Road, Spruce Pine
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24 photos

$299,900

397 Reservoir Road
Spruce Pine, NC 28777
Listed by Peter Franklin · Foxfire Real Estate, LLC
Bedrooms
3
Bathrooms
2
Living area
1,586 sqft
Year built
2005

About this home

Inexpensive- Well Built- In Town Convenience! Perfect for a family home, vacation getaway, or even a VRBO income producer. A rare pairing of HILLTOP PRIVACY and IN-TOWN CONVENIENCE. Set at the corner of Reservoir Road and Clearwater Lane and wrapped in mature hardwoods, this home sits in an almost hidden enclave that offers the seclusion most buyers must drive miles into the country to find, yet it lies inside the Spruce Pine city limits, only minutes from downtown shops, dining and Blue Ridge Regional Hospital. Step onto the full-length covered front porch, settle into a rocker and take in the view across an open meadow to the wooded ridge-line beyond. Inside, a bright open floor plan joins the living, dining and kitchen areas beneath crown molding and ceiling fans. The living room centers on a stacked-stone corner fireplace with gas logs, a wood mantel and an arched display niche, with ample wall space for a reading library. The kitchen offers warm oak cabinetry, recessed lighting, an arched window above the double sink and a breakfast bar that seats three. A laundry room with its own exterior door serves as a convenient mudroom. The home offers 3 bedrooms and 2 full baths across 1,586 sq. ft. of single-level living on .66 acre. The primary bedroom easily holds a king bed and a full suite of furniture, and the third bedroom works equally well as a home office. Out back, the covered rear deck, framed in timber beneath a metal roof and strung with café lights, is made for quiet mornings and long evenings. It overlooks a level, fully fenced back yard with a storage shed. The costly work is already done: a NEW METAL ROOF (2024), a heat pump approx. 5 years old, electric water heater, and CITY WATER AND SEWER. A two-car carport and a wide gravel drive provide ample parking. This is an NC state-certified modular home, built to the North Carolina State Building Code on a permanent foundation. Homes that deliver true privacy this close to town seldom reach the market. Come see what's possible here. This hilltop is awaiting your legacy. You are just 1 minutes away from downtown Spruce Pine, or dining and a great game at Grassy Creek Golf and Country Club, and the Blue Ridge Regional Hospital, or our brand new state-of-the-art YMCA with indoor pool; 7 minutes to adventure on the Blue Ridge Parkway; 10 minutes away from the famous Penland School of Crafts; You will be 15 minutes to downtown Burnsville; 30 minutes to Grandfather Mountain State Park, or to the beautiful Linville Falls, 30 minutes to fishing & water sports on Lake James, shopping in Marion, and I-40; 50 minutes to Asheville, NC; 60 minutes to Johnson City, TN, and the Tri-Cities Airport. This community is two hours from Charlotte, NC.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4429844
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
1
On market date
September 29, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Deyton Elementary
1.94 mi away · Grades 3-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
215
Student:teacher ratio
13.4:1
District
Mitchell County Schools
Middle
Bowman Middle
8.09 mi away · Grades 5-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
208
Student:teacher ratio
12.2:1
District
Mitchell County Schools
High
Mayland Early College
2.44 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
113
Student:teacher ratio
22.6:1
District
Mitchell County Schools

Walkability

Blended score for Spruce Pine's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

18
Very car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
3 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,956/mo
$59,980 down
$239,920 loan
Principal & interest$1,556
Property tax (est.)$250
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.