507 Utah Mountain Road, Waynesville NC
- 3 Bed
- 3 Bath
- 512 ft2
- 0.6 ac
For Sale $398,000
Remarks:
Opportunity awaits in beautiful Maggie Valley with views, views, and more views! This versatile multi-family mountain home offers two separate living units, current rental income, multiple living spaces, and excellent flexibility for investors, full-time residents, or buyers seeking a live-in/rent-out option. Conveniently located approximately 2.5 miles from I-40, 30 minutes to Asheville, and close to Great Smoky Mountains National Park, the property provides easy access to area attractions while maintaining inviting mountain-area appeal. The upper unit features a comfortable living room with fireplace, kitchen, primary bedroom, and full bath on the main level, plus an upper level with an additional bedroom, bonus room with closet, and another full bath. The fully finished lower-level apartment includes a separate entrance, living room with gas fireplace, kitchen, bedroom with closet, full bath, and stackable washer and dryer. Enjoy the mountain setting from two covered decks, with plenty of parking and a large yard. The lower unit is currently tenant-occupied at $1,100 per month with electric and water included. Upstairs has been recently rented for $1900 per month. Recent flooring upgrades have been completed on the main and upper levels, adding to the home’s appeal. A great opportunity for buyers seeking income potential, flexible living arrangements, cash flow today, and room for future plans.
Exterior Features:
Storage
Interior Features:
Split Bedroom, Walk-In Closet(s)
General Information:
| List Price: | $398,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 512 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4416191 |
| Subdivision: | Horning |
| Style: | Cabin |
| Bathrooms: | 3 |
| Lot Description: | Rolling Slope, Sloped, Views |
| Year Built: | 1997 |
| 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 |
| 08-25-2026 | Listed | $398,000 | $778 |
| 11-24-2025 | Under Contract | $254,000 | $497 |
| 11-15-2025 | Listed | $254,000 | $497 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Junaluska Elementary | 4 miles | KG-05 | 9 |
| Riverbend Elementary | 4 miles | KG-05 | 10 |
| Bethel Elementary | 8 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 |
| 507 Utah Mountain Road, Waynesville NC | 0 mi | $398,000 | days | |
| 105 Stormy Way, Waynesville NC | 0.3 mi | $330,000 | days | |
| 41 Utah Mountain Road, Waynesville NC | 0.4 mi | $350,000 | days | |
| 165 Foggy Cove Road, Waynesville NC | 0.6 mi | $599,000 | days | |
| 53 Hackberry Lane, Waynesville NC | 0.6 mi | $445,000 | days | |
| 102 Fall Creek Road, Waynesville NC | 0.7 mi | $449,000 | 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
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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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28785
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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.
Property Listing Information
A Courtesy Listing Provided By McGovern Property Management, Inc.
507 Utah Mountain Road, Waynesville NC is a 512 ft2 on a 0.570 acres lot. This is for $398,000. This has 3 bedrooms, 3 baths, and was built in 1997.
Based on information submitted to the MLS GRID as of 2026-08-25 15:50:41 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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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.
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