316 Stevenson Cove Road, Waynesville NC
- 9 Bed
- 5 Bath
- 2405 ft2
- 92.0 ac
For Sale $7,500,000
Remarks:
Offered by the original owners, this one-of-a-kind 92-acre equestrian estate has three homes, three barns, multiple fenced pastures, a hayfield and gorgeous mountain views. It's set in a private cove and includes 58 acres of wooded mountainside with trails and abundant wildlife. This is a once-in-a-lifetime opportunity to secure a legacy estate for your family to enjoy for generations. Located just 8 miles from downtown Waynesville, 2 miles from I-40, 28 miles from downtown Asheville, and 33 miles from the Asheville airport, the property offers accessibility along with seclusion and privacy. The main log home, custom built in 2004, features a cathedral ceiling, tongue-and-groove pine paneling throughout, southern exposure, a pool and a sun-filled solarium off the kitchen. The second home would suit a caretaker or farm management team, with 3 bedrooms and 2 bathrooms. The third home, with 2 bedrooms and 2 bathrooms, has its own garage and separate private entrance. Four separate access points make the setup flexible for multi-generational living, guests or rental income. Other features include a 50 x 125 foot organic garden, a secure chicken area, a dog-fenced front yard and pastures fenced in rough-cut oak, a durable hardwood. This well-cared-for property comes with most of its receipts and maintenance records from approximately the past 10 years. See MLS: 4401193 Videos of the estate: https://vimeo.com/user264218750
Exterior Features:
Fence, Hot Tub, In-Ground Hot Tub / Spa
Interior Features:
Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry
General Information:
| List Price: | $7,500,000 |
| Status: | For Sale |
| Bedrooms: | 9 |
| Type: | Portfolio |
| Approx Sq. Ft.: | 2405 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4430409 |
| Subdivision: | None |
| Style: | Contemporary, Farmhouse, Modern |
| Bathrooms: | 5 |
| Lot Description: | Green Area, Hilly, Level, Open Lot, Pasture, Paved, Private, Rolling Slope, Wooded, Views |
| Year Built: | 2004 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Junaluska |
| Middle: | Waynesville |
| High: | Tuscola |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-08-2026 | Listed | $7,500,000 | $3,119 |
| 01-15-2026 | Listed | $440,000 | $183 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Riverbend Elementary | 2 miles | KG-05 | 10 |
| Junaluska Elementary | 6 miles | KG-05 | 9 |
| Bethel Elementary | 9 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 |
| 316 Stevenson Cove Road, Waynesville NC | 0 mi | $7,500,000 | days | |
| 265 Cansadie Top Road, Waynesville NC | 0.2 mi | $335,000 | days | |
| 1714 Iron Duff Road, Waynesville NC | 0.3 mi | $265,000 | days | |
| 75 Bluebird Lane, Waynesville NC | 0.5 mi | $380,000 | days | |
| 2131 Coleman Mountain Road, Waynesville NC | 0.5 mi | $429,900 | days | |
| 115 Knoll Ridge Lane, Waynesville NC | 0.5 mi | $328,000 | days |
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
Powered by Google Maps
Mortgage Calculator
$
%
%
| 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 |
Demographic Data For Zip 28785
|
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.
Property Listing Information
A Courtesy Listing Provided By French Broad Real Estate Co.
316 Stevenson Cove Road, Waynesville NC is a 2405 ft2 on a 92.000 acres lot. This is for $7,500,000. This has 9 bedrooms, 5 baths, and was built in 2004.
Based on information submitted to the MLS GRID as of 2026-10-08 06:30:25 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.
Share
