For Sale $525,000
Welcome to Sassafras Cottage, a charming and truly versatile waterfront property in the heart of downtown Waynesville. With the river just beyond the property and the sounds of flowing water from the deck, this unique offering combines character, convenience, and an exceptional multi-use opportunity. Walk to Waynesville’s incredible shopping, dining, cafes, coffee shops, galleries, festivals, and Main Street amenities. Offering nearly 1,750 square feet, this thoughtfully updated 2-bedroom, 2-bathroom property has a fascinating history, having served as a residence, general store, church, pottery studio, and more over the years. Today, it offers comfortable living spaces with the flexibility to suit a variety of needs. The kitchen and both bathrooms have been renovated, while a deck off the primary bedroom provides a wonderful spot to relax and enjoy the outdoors. The enclosed side deck features durable composite decking and adds another flexible space for entertaining or simply enjoying the peaceful setting. Recent improvements include a brand-new roof, new hot water heater, extensive landscaping, and an enclosed front porch that creates an inviting additional space. The property’s thoughtful updates and unique history make it much more than a typical home. Sassafras Cottage is available furnished, offering an easy opportunity for those looking for a move-in-ready residence, second home, or investment property. With its downtown location, waterfront setting, distinctive character, and commercial or residential versatility, this is a rare property with endless possibilities—and a chance to own a piece of Waynesville history.
| List Price: | $525,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1747 sqft |
| Parking: | Parking Space(s) |
| MLS Number: | CAR4423010 |
| Subdivision: | None |
| Style: | Cottage |
| Bathrooms: | 2 |
| Lot Description: | Corner Lot, Waterfront |
| Year Built: | 1935 |
| Sewer Type: | Public Sewer |
| Elementary: | Hazelwood |
| Middle: | Waynesville |
| High: | Tuscola |
| Date | Event | Price | $/SQFT |
| 09-14-2026 | Listed | $525,000 | $301 |
| 12-11-2025 | Under Contract | $450,000 | $258 |
| 12-03-2025 | Listed | $450,000 | $258 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Junaluska Elementary | 2 miles | KG-05 | 9 |
| Bethel Elementary | 6 miles | KG-05 | 9 |
| Riverbend Elementary | 7 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 |
| 313 Depot Street, Waynesville NC | 0 mi | $525,000 | days | |
| 21 Carolinda Lane, Waynesville NC | 0.2 mi | $349,997 | days | |
| 5 Carolinda Lane, Waynesville NC | 0.2 mi | $375,000 | days | |
| 20 Leap Frog Park, Waynesville NC | 0.2 mi | $300,000 | days | |
| 12 Leap Frog Park, Waynesville NC | 0.2 mi | $300,000 | days | |
| 8 Leap Frog Park, Waynesville NC | 0.2 mi | $200,000 | 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
313 Depot Street, Waynesville NC is a 1747 ft2 on a 0.160 acres lot. This is for $525,000. This has 2 bedrooms, 2 baths, and was built in 1935.
Based on information submitted to the MLS GRID as of 2026-09-14 19:55:02 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.