316 Stevenson Cove Road Waynesville, NC $ 7,500,000
316 Stevenson Cove Road
$ 7,500,000
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316 Stevenson Cove Road

Waynesville, NC, 28785
$ 7,500,000
Bedrooms9 Baths8.1 Sq 5,176

Monthly Estimate*

$ 51,801

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Multi-Family Home for sale in Waynesville, NC

for $7,500,000 with 9 bedrooms and 8 full baths, 1 half bath. This 5,176 square foot home was built in 2004 on a lot size of 92.

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

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Multi-Family Active

Price

$ 7,500,000

Bedrooms

9

Full Bath

8

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary,Farmhouse,Modern

Lot Size

92

Year Built

2004

Town/City

Waynesville

County/Region

Haywood

MLS | Web ID

4430409

Features
General
Living Area 5176
Sewer Septic Installed
Heating Central Electric Forced Air Zoned
Cooling Central Air Electric Zoned
Utilities Cable Available Electricity Connected Fiber Optics Propane Satellite Internet Available Underground Power Lines Underground Utilities
Roof Architectural Shingle
Appliances Convection Oven Dishwasher Disposal Double Oven Down Draft Dryer Electric Oven Freezer Gas Cooktop Propane Water Heater Refrigerator with Ice Maker Self Cleaning Oven Wall Oven Warming Drawer Washer
Development Status Completed
Garage Spaces 2
Patio/Porch Features Covered Front Porch Glass Enclosed Wrap Around
Architectural Style Contemporary Farmhouse Modern
Pool Features Heated In Ground
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Log Stone Wood
Pets Allowed Yes
Year Built 2004
View Long Range Mountain(s) Winter Year Round
Property Subtype Portfolio
Parcel Number 8619-72-7633
Elevation 2500
Additional Parcels Description 8619-63-1449 8619-73-9530 8619-83-1180 8619-82-4801 8619-83-3003 8619-83-7112 8619-82-0975
County Haywood
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N Y
Other Structures Barn(s) Feed Barn Hay Storage Tractor Shed
Full Baths 8
High School Tuscola
City Waynesville
Senior Community Y/N N
Number Of Units Total 3
Lot Size Units Acres
Carport Y/N N
Elementary School Junaluska
Middle/Junior High School Waynesville
Additional Parcels Y/N Y
Virtual Tour https://youtu.be/S8mFxQlC45M https://youtu.be/S8mFxQlC45M
Standard Status Active
Construction Type Site Built
Tax Assessed Value 1661500
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Interior
Interior Amenities Entrance Foyer Garden Tub Kitchen Island Open Floorplan Pantry Split Bedroom Storage Walk-In Closet(s) Walk-In Pantry
Basement Apartment Daylight Exterior Entry Interior Entry Partially Finished Storage Space Walk-Out Access Walk-Up Access
Flooring Concrete Tile Wood
Fireplace Features Gas Starter Gas Vented Great Room Wood Burning
Basement (Y/N) Y
Window Features Insulated Window(s) Window Treatments
Fireplace Y/N Y
Above Grade Finished Area 3782
Half Baths 1
Laundry Features Electric Dryer Hookup Laundry Room Main Level Sink Washer Hookup
Total Bedrooms 9
Below Grade Finished Area 1394
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Exterior
Exterior Amenities Fence Hot Tub In-Ground Hot Tub / Spa
Fencing Back Yard Fenced Front Yard Partial Privacy
Parking Features Driveway Attached Garage
Lot Features Green Area Hilly Level Open Lot Pasture Paved Private Rolling Slope Wooded Views
Water Source Well
Lot Size Area 92
Foundation Details Basement
Building Area Total 5176
Road Surface Type Asphalt Paved
Door Features French Doors
Road Responsibility Other - See Remarks
Horse Amenities Barn Equestrian Facilities Hay Storage Horses Allowed Pasture Round Pen Shaving Bin Stable(s) Tack Room Trailer Storage Wash Rack
Main Level Garage YN N
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Internal Only
Street Number 1 316
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* Excluded Features
List By
French Broad Real Estate Co.

Broker

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$51,801
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$51,801
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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.
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Nearby
2172556 Elementary School
1604048 Middle School
Tuscola High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2026$7,500,000 Listed Price

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316 Stevenson Cove Road, Waynesville, NC, 28785 is a Multi-Family Home for sale at $7,500,000 with 5,176 sqft and a lot size of 92. 316 Stevenson Cove Road has 9 bedrooms, 8.1 baths, and was built in 2004. The property's zip code is 28785 which is in Waynesville, NC