555 North Ashe Street, Southern Pines, NC 28387

This beautiful property on 0.55 acres in downtown Southern Pines is a 3-story home w/ 4200 square ft of main living area, a 1400 square -foot ''GROUND LEVEL'' apartment representing excellent passive ''INCOME POTENTIAL'' as an Air B&B or short-term rental, & 600 square ft of finished, climate-controlled basement storage. This is an excellent value @ $184/square foot. The main level includes a Living Room w/ a separate Library Area, Dining Room, Family Room, Large Kitchen, 3 Bedrooms, (1 above the garage), 2 Full Baths (1 with a jetted tub) & a Half Bath on the second level, & laundry room. The Upper Level is a large open space bedroom & sitting area w/ walk in closet, and a Full Bath w/ Jetted Tub! The house has a multi-zoned HVAC. A 3-season screened back porch includes a spa, gas-log fireplace, & a natural connection for a gas grill. The ground level apartment has just been renovated (July 2024) with new flooring, new paint, upgraded bathroom fixtures, mirrors and lighting, & refinished cabinetry. The apartment has an open kitchen, dining & living area, 2 bedrooms, 2 full baths (1 with jetted tub), and a laundry room. Additional features include a separate entrance & parking area. This home includes 64 solar panels (installed 2020 over a new roof) providing year-round energy savings to the main house. Additionally, two natural gas ''TANKLESS WATER HEATERS'' support the main house and the apartment. Originally known as ''Toppingwold'', the original house was the Episcopal Rectory from 1926-1943. Previous owners expanded & remodeled in the early 2000's with the current owners adding additonal upgrades in the past 5 years. Don't miss this opportunity to own this splendid property in downtown Southern Pines & with easy accesss to Ft. Bragg/Liberty.