For Sale $747,000
Turnkey, income-producing mountain retreat with established short-term rental history! Discover this active, professionally managed vacation rental situated on approximately 2.25 acres in Waynesville, offering documented rental history, sweeping Blue Ridge Mountain views, and desirable guest amenities. Unlike properties marketed solely on projected rental potential, this 3-bedroom, 2-bath mountain chalet with bonus room is already operating as a short-term rental, offering buyers the opportunity to acquire an established income-producing property. Accommodating up to 12 guests, the home features a spacious living area, fully equipped kitchen with bar seating, dedicated workspace, and game room complete with ping-pong, darts, board games, oversized Connect 4, and additional seating. Flexible sleeping arrangements include three queen beds, a bunk room, and additional sleeping space. Enjoy breathtaking mountain views from the expansive wraparound deck, or relax in the private hot tub. Conveniently located near Downtown Waynesville, Lake Junaluska, the Blue Ridge Parkway, Pisgah National Forest, Great Smoky Mountains National Park, hiking, waterfalls, skiing, and year-round recreation. Ample parking accommodates up to four vehicles. Continued professional management services may be available to a new owner, providing an opportunity for a seamless transition. With an established rental history, sought-after guest amenities, and an exceptional mountain setting, 145 Banjo Lane offers a compelling opportunity to step into an existing vacation rental operation while enjoying everything Western North Carolina has to offer. Explore the documented rental performance in the Rental History Summary included in the attached documents and discover the potential of this mountain investment opportunity!
Fire Pit, Hot Tub
Walk-In Closet(s)
| List Price: | $747,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1312 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4413174 |
| Subdivision: | None |
| Style: | A-Frame |
| Bathrooms: | 2 |
| Year Built: | 2024 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 10-23-2026 | Price Decrease | $747,000-0.27% | $570 |
| 10-01-2026 | Price Decrease | $749,000-2.41% | $571 |
| 08-26-2026 | Listed | $767,500 | $585 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Riverbend Elementary | 3 miles | KG-05 | 10 |
| Junaluska Elementary | 7 miles | KG-05 | 9 |
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 |
| 145 Banjo Lane, Waynesville NC | 0 mi | $747,000 | days | |
| 966 Coyote Hollow Road, Waynesville NC | 0.6 mi | $1,099,000 | days | |
| 122 Mastiff Hollow Drive, Waynesville NC | 0.6 mi | $235,000 | days | |
| 160 Turkey Hollow Court, Waynesville NC | 0.7 mi | $399,000 | days | |
| 1330 Maple Springs Drive, Waynesville NC | 1.1 mi | $336,000 | days | |
| 1090 Maple Springs Drive, Waynesville NC | 1.1 mi | $629,500 | 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 |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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 EXP Realty LLC
145 Banjo Lane, Waynesville NC is a 1312 ft2 on a 2.248 acres Appraisal lot. This is for $747,000. This has 3 bedrooms, 2 baths, and was built in 2024.
Based on information submitted to the MLS GRID as of 2026-08-26 13:05:36 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.
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