For Sale $500,000
Tucked beneath a canopy of mature trees and just minutes from charming Downtown Waynesville, this rare private estate offers a potential of 5,800+ square feet of an extraordinary opportunity to create a one-of-a-kind mountain retreat, family compound, or multi-generational living property. The main residence has been taken down to the studs and is ready for a visionary owner to bring new life to every level. Whether you're dreaming of a luxury mountain estate, private homestead, or income-producing property, the possibilities here are truly endless. Positioned above the expansive garage is a nearly completed guest house renovation featuring separate living quarters, kitchen facilities, and private access. The oversized garage is a standout feature, offering exceptional space for RV storage, multiple vehicles, recreational equipment, workshop use, hobbies, or business needs. A circular drive and generous parking areas provide convenience and flexibility for guests and gatherings alike. Enjoy the feeling of being tucked away in your own private woodland setting while remaining only moments from shopping, dining, healthcare, and all the amenities of Downtown Waynesville. Opportunities like this are seldom available—a unique estate property with room to dream, create, and make entirely your own. Buyers are encouraged to verify all improvements and intended use.
Attic Walk In, Open Floorplan, Storage, Walk-In Closet(s)
| List Price: | $500,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Parking: | Circular Driveway, Driveway, Attached Garage, Garage Faces Front, Garage Shop, RV Access/Parking |
| MLS Number: | CAR4387007 |
| Subdivision: | None |
| Style: | Arts and Crafts, Traditional |
| Bathrooms: | 4 |
| Lot Description: | Level, Paved, Private, Wooded, Views |
| Year Built: | 1959 |
| Sewer Type: | Public Sewer |
| Elementary: | Junaluska |
| Middle: | Waynesville |
| High: | Tuscola |
| Date | Event | Price | $/SQFT |
| 07-09-2026 | Listed | $500,000 | N/A |
| 11-06-2025 | Price Decrease | $299,000-15.54% | N/A |
| 09-09-2025 | Listed | $354,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Junaluska Elementary | 1 miles | KG-05 | 9 |
| Bethel Elementary | 5 miles | KG-05 | 9 |
| Riverbend Elementary | 6 miles | KG-05 | 10 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 120 Stovall Street, Waynesville NC | 0 mi | $500,000 | days | |
| 129 Woolsey Heights, Waynesville NC | 0.1 mi | $1,695,000 | days | |
| 85 Marshall Street, Waynesville NC | 0.1 mi | $525,000 | days | |
| 90 Summitt Street, Waynesville NC | 0.2 mi | $594,000 | days | |
| 337 Hamer Avenue, Waynesville NC | 0.2 mi | $299,000 | days | |
| 136 Assembly Street, Waynesville NC | 0.2 mi | $575,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Keller Williams Great Smokies
120 Stovall Street, Waynesville NC is a 0 ft2 on a 0.990 acres lot. This is for $500,000. This has 5 bedrooms, 4 baths, and was built in 1959.
Based on information submitted to the MLS GRID as of 2026-07-09 11:41:49 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.