Homes/North Carolina/Deep Gap/167 Wagon Wheel Ln
CompCasa Property Analysis · Single Family Residential

167 Wagon Wheel Ln

Sprawling Two-Unit Mountain Home with Massive Wrap-Around Deck

1.361-acre Deep Gap property with separate 2-BR apartment and broad deck

CompCasa valuation analysis
Estimated market value
$875,000
Low $840,000 · Midpoint $875,000 · High $910,000
Confidence65%Sales comparison approach
CompCasa estimate$875,000Current analysis
$840,000$875,000 midpoint$910,000
Price / sq ft$411

Derived from Redfin listing LD+JSON

About the property

Sprawling Two-Unit Mountain Home with Massive Wrap-Around Deck

The first thing you notice driving up is the deck — an expansive 2,589 sq ft wrap-around platform that runs the length of the home and creates outdoor rooms for every season. Positioned between Boone and Wilkesboro with convenient access to the Blue Ridge Parkway, 167 Wagon Wheel Ln sits on a beautifully maintained 1.361-acre lot framed by lawn and a wood/forest border that delivers genuine privacy.

The upper level functions as the primary residence: four bedrooms, two baths and traditional living spaces laid out for family life and entertaining. A welcoming foyer opens into formal living and dining areas adjacent to a kitchen designed to host gatherings. A cozy family room off the kitchen features a stone, wood-burning fireplace and large windows. Hardwood floors run through the four upper bedrooms; the primary suite includes a custom closet and an oversized 9' x 12' bathroom with a tub, ceramic-tile shower, double vanities and a private commode. A recently renovated secondary bathroom serves the remaining bedrooms and living areas.

Below, a bright two-bedroom, one-bath apartment offers flexible possibilities — long-term rental, in-law suite, or guest quarters. That lower unit has a living area with a propane fireplace, a kitchen with dining space, luxury plank vinyl throughout and tile in wet areas. Note the apartment is currently leased through 03/31/2026 (tenant may vacate with 30 days' notice). The two units are not connected internally and maintain separate electric and internet services.

Practical features are plentiful: interior steps link to an interior workshop, storage, a two-car garage and a carport; a covered lower terrace showcases stone masonry pillars and a raised rock flower bed; exterior decks step down to the lawn and upper deck area. The property uses a single well and septic system (permits for a 6-bedroom septic available on request). Built with 2x6 exterior walls, stone masonry accents and R19 insulation, the home was constructed for durability and efficiency. Two leased 500-gallon underground propane tanks serve the levels. Whether you’re seeking a multigenerational compound, rental income, or a secluded mountain retreat with easy Parkway access, this property offers rare flexibility and scale in Deep Gap.

Location & nearby

Deep Gap, NC

Researched nearby locations

Close proximity to the Blue Ridge Parkway
Approximately 1 hour 15 minutes to Winston-Salem by car
Nearby scenic drives and parkway access for hiking and overlooks

Location

167 Wagon Wheel Ln, Deep Gap, NC, 28618

View in Google Maps
Editorial neighborhood context

Deep Gap offers a slow-paced mountain lifestyle with easy gateway access to the Blue Ridge Parkway and the outdoor amenities of the High Country. The area draws buyers who value privacy, wide-open views, and proximity to Boone’s dining and services without the higher density of town centers. Local character leans toward small farms, wooded lots and winding country roads—ideal for equestrians, gardeners, and owners who prioritize outdoor living and easy access to hiking, scenic drives and seasonal festivals in nearby towns.

Nearby access summary

Excellent access to outdoor recreation via the Blue Ridge Parkway and nearby Boone-area trails, plus local roads and green spaces for walking and biking.

Market context

A factual market snapshot around 167 Wagon Wheel Ln.

Editorial market perspective

Use the valuation midpoint of $875,000 and a price-per-square-foot estimate of $411 as the starting point for market conversations—the automated estimate carries a confidence score of 0.65, so buyers should confirm with local comps. This home’s two-unit layout and the existing lease (ends 03/31/2026) position it uniquely: it attracts both investors seeking rental income and owner-occupants who need multi-generational living space. In mountain markets like Deep Gap and the greater High Country, well-maintained homes with separate living units and large acreage tend to hold value because supply of turnkey, multi-use properties is limited. Sellers can often command a premium when a home combines privacy, a large outdoor amenity (the wrap-around deck), and permitted septic capacity for six bedrooms.

That said, local conditions can shift rapidly—inventory, days on market, and buyer demand vary by season and by town. Prospective buyers should request recent comparable sales from the listing agent and consider professional appraisal and rental-income analysis if evaluating this as an investment. For owner-occupiers, the property’s flexibility and proximity to Boone and the Blue Ridge Parkway make it a strong long-term hold in a market that rewards privacy, outdoor access, and multi-family capability.

Highlights & features

What stands out about this property.

Interior Features

  • Upper level: 4 bedrooms, 2 bathrooms
  • Lower level apartment: 2 bedrooms, 1 bathroom (leased through 03/31/2026)
  • Stone, wood-burning fireplace in family room
  • Hardwood floors in upper bedrooms
  • Primary suite with custom closet and 9' x 12' primary bath
  • Newly renovated secondary bathroom
  • Interior staircase to garage, workshop, and lower deck
  • Washer hookup / laundry room
  • Separate electric and internet for each unit

Exterior & Lot

  • 1.361-acre lot with manicured lawn and forest border
  • Massive 2,589 sq ft wrap-around deck with covered entertaining area
  • Covered lower terrace with stone masonry pillars and raised rock flower bed
  • Full-length lower-level deck with steps to lawn and upper deck
  • Two-car garage plus carport and interior workshop
  • Two leased 500-gallon underground propane tanks
  • Water well and septic (6-bedroom septic permit available)
  • Constructed with 2x6 walls, stone masonry, and R19 insulation

Location & Neighborhood

  • Between Boone and Wilkesboro — easy access to mountain amenities
  • Close proximity to the Blue Ridge Parkway
  • Approximately 1 hour 15 minutes to Winston-Salem by car
  • Private, low-density residential setting on Wagon Wheel Ln

Walkability & Recreation

  • Walkability Rating: 28/100 — Car-Dependent
  • Nearby scenic drives and parkway access for hiking and overlooks
  • Short drive to Boone-area outdoor recreation and community amenities
  • Running/walking routes on local roads and neighborhood lanes
  • Community recreation and outdoor attractions within reasonable driving distance