145 Banjo Lane, Waynesville NC

  • 3 Bed
  • 2 Bath
  • 1312 ft2
  • 2.2 ac

For Sale $747,000

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Remarks:

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!

Exterior Features:

Fire Pit, Hot Tub

Interior Features:

Walk-In Closet(s)

General Information:

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

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

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

Nearby Schools

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.

Properties For Sale Nearby

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
1 to 6 of 6 Result

Sold Properties Nearby

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

Commute Distance & Time

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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)

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28785

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    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.

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    Property Listing Information

    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. 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.