507 Utah Mountain Road
Waynesville, NC, 28785 $ 398,000
Bedrooms3 Baths3.0 Sq 1,536 Monthly Estimate*
$ 2,749
for $398,000 with 3 bedrooms and 3 full baths. This 1,536 square foot home was built in 1997 on a lot size of 0.57.
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.
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FeaturesGeneralLiving Area 1536
Sewer Septic Installed
Heating Baseboard Other - See Remarks
Cooling Ceiling Fan(s)
Utilities Electricity Connected
Appliances Dishwasher Dryer Electric Oven Electric Range Microwave Refrigerator Washer
Development Status Completed
Zoning None
Patio/Porch Features Covered Deck
Architectural Style Cabin
Construction Materials Vinyl
Year Built 1997
View Long Range Mountain(s) Year Round
Levels Three
Property Subtype Single Family Residence
Parcel Number 8607-69-8334
Elevation 2500
County Haywood
New Construction N
Property Type Residential
HOA N
Subdivision Name Horning
Garage Y/N N
Full Baths 3
Directions Turn on Jonathan Creek (376N) go 2.1 miles to right on Utah Mountain Road. Go .5 mile to the property on the left.
High School Tuscola
City Waynesville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Junaluska
Middle/Junior High School Waynesville
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Restrictions Livestock Restriction Subdivision
Tax Assessed Value 205800
Listing Terms Cash Conventional
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InteriorInterior Amenities Split Bedroom Walk-In Closet(s)
Basement Apartment Exterior Entry Finished Walk-Out Access
Flooring Carpet Laminate Tile
Fireplace Features Gas Log Living Room Propane Other - See Remarks
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1536
Half Baths 0
Laundry Features In Unit Laundry Room
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 3
SqFt Main 512
SqFt Lower 512
SqFt Upper 512
Bedroom 1
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ExteriorExterior Amenities Storage
Fencing Back Yard
Parking Features Driveway
Lot Features Rolling Slope Sloped Views
Water Source City
Lot Size Area 0.57
Foundation Details Slab
Road Surface Type Gravel Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded FeaturesList ByMcgovern Property Management, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $2,749
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Waynesville, NC
Average List Price $632,348
Percent of Sale Price 59%
About Waynesville, NC 10,446 Population
8% Since 2002
$ 39,520 Median Income
45.92 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
2172556 Elementary School
1604048 Middle School
Tuscola High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/25/2026 | $398,000 | | Listed Price |