This has been a CASH COW for property owner since 2002 and now it is time to pass the torch. This is a FIRST TIME BUYER INVESTMENT OPPORTUNITY OF A DREAM. And if you are someone who knows their way around tools then this property is perfect opportunity for you. Do not let it pass you by. Solid structure sitting on strong foundation, this property just needs a little TLC. Live upstairs, while the middle and lower units PAY YOUR MORTGAGE. How can you go wrong? And with interest rates so low what are you waiting for? Fix it up one unit at a time and viola. .. .. .in 5, 6, 7, 8 years you have a very nice property. And did I mention property sits on over one acre lot. With health department approval there is opportunity to build a second home. Some permit approval would be required but the potential is there depending on perk test. Current triplex has had new septic system installed, health department permitted. Come uncover this opportunity and bring back the luster it once had. Past rental income history available. * * * * * * * MOTIVATED SELLER * * * * * * * * *
Single-familyProperty Type
1966Year Built
1.16 acresLot Size
$145Est. Price/Sq.Ft.
Listed by Chris Eller• Blue Ridge Realty & Inv. Boone Extension
* * * * Motivated Seller * * * * This is a property waiting to be added to the investment portfolio. This property has 12++ years proven rental history. 2 units with one efficiency unit. All have own meters and water heaters. Top and middle units both are 2 bedroom 1 bath units, with open floor plan. Kitchen/Dining/Living all make efficient use of space and have plenty of windows to capture the wooded views in summer and grandfather mountain views in winter. Living area in Units 1 and 2 is further accented by attractive stone fireplace that is natural wood burning. Enhancing these two units is a 9'6 wide deck that stretches the length of the units. Very spacious! On the lowest level is efficiency apartment that has all that is needed to live comfortably. Efficiency also lends itself to back yard access where a fire ring or trails through the woods can be accessed. NEW SEPTIC SYSTEM approved by health department this year as well. One should not let this opportunity pass by!!!
Year
Property tax
Land + Additions
Assessment*
2025
$1,756 (+2.1%)
$42,300 + $331,100
$373,400
2024
$1,720
$42,300 + $331,100
$373,400
2023
$1,720 (−21.7%)
$42,300 + $331,100
$373,400
2022
$2,195 (+62.9%)
$42,300 + $331,100
$373,400
2020
$1,348
$31,200 + $208,000
$239,200
2019
$1,348 (+9.7%)
$31,200 + $208,000
$239,200
2018
$1,228 (+26.8%)
$31,200 + $208,000
$239,200
2017
$968 (+7.9%)
$31,200 + $208,000
$239,200
2016
$897 (+2.0%)
$31,200 + $208,000
$239,200
2015
$879
$31,200 + $145,100
$176,300
2014
$879
$31,200 + $145,100
$176,300
Tax history for 199 Marion Cornett Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,756 (+2.1%)
$42,300 + $331,100
$373,400
2024
$1,720
$42,300 + $331,100
$373,400
2023
$1,720 (−21.7%)
$42,300 + $331,100
$373,400
2022
$2,195 (+62.9%)
$42,300 + $331,100
$373,400
2020
$1,348
$31,200 + $208,000
$239,200
2019
$1,348 (+9.7%)
$31,200 + $208,000
$239,200
2018
$1,228 (+26.8%)
$31,200 + $208,000
$239,200
2017
$968 (+7.9%)
$31,200 + $208,000
$239,200
2016
$897 (+2.0%)
$31,200 + $208,000
$239,200
2015
$879
$31,200 + $145,100
$176,300
2014
$879
$31,200 + $145,100
$176,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
1.16 Acres
Year renovated
—
Sq. Ft.
2,508
Year built
1966
Style
Single Family Residential
County
Watauga County
APN
1899761329000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel, Driveway, No Garage, Private
Interior
Bathroom Information
# of Full Bathrooms: 3
Heating & Cooling
Has Heating
Heating: Baseboard, Electric, Fireplace(s)
Interior Features
Interior Features: See Remarks
Window Features: Double Pane Windows
Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
Fireplace Features: Stone, Wood Burning
Room Information
Laundry Features: Washer Hookup
Basement Details: None
Exterior
Exterior Features
Patio And Porch Features: Covered
Roof: Asphalt, Shingle
Building Information
Above Grade Finished Area: 1,064
Below Grade Finished Area: 1,064
Construction Materials: Wood Siding, Asbestos
Property Features
Other Structures: Guest House
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Lot Size Acres: 1.16
Zoning Description: None
Financial
Tax Information
Tax Annual Amount: $720
Utilities
Utility Information
Water Source: Private, Well
Sewer: Private Sewer
Location
Schools Information
Elementary School: Blowing Rock
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,508
Stories: 2.0
Lot Size: 1.16 acres
Style: Single Family Residential
Year Built: 1966
Year Renovated: —
County: Watauga County
APN: 1899761329000
Home facts updated by county records on Jul 20, 2026
Other
Listing Information
List AOR: HighCountryAssociationofRealtorsInc
Around this home
Schools
Blowing Rock Elementary
Public PreK-8 • Assigned • 4.3mi
6/10
Watauga High
Public 9-12 • Assigned • 4.5mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
6 days above 87° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Boone, NC • 28607
Average low and high temperatures (°F)
38
22
47
29
59
38
67
47
69
51
77
59
80
64
75
60
72
54
65
43
55
37
46
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.4 hours in
June and 4.8 hours in December, placing it below the
U.S. average for solar exposure.
8.4 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$377,000 – $457,000
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