507 Utah Mountain Road, Waynesville, NC 28785

$398,000
3
BD
3
BA
1,536
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of McGovern Property Management, Inc.. mcgovernpropertymgt@gmail.com

List Price
$398,000
Status
ACTIVE
MLS#
4416191
Bedrooms
3
Bathrooms
3
Full-baths
3
Living Area
1,536
Lot Size
24,829
Subdivision
Horning
Neighborhood
Horning
Year Built
1997
Acres
0.57

Property Description

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.

Additional Information

Style
Cabin
Foundation
Slab
Interior Features
Split Bedroom, Walk-In Closet(s)
Exterior Features
Storage
Exterior Finish
Vinyl
Elementary School
Junaluska
Middle School
Waynesville
High School
Tuscola
Parking
Driveway
Special Conditions
Subject to Lease
Lot Description
Rolling Slope, Sloped, Views
Water
City
Construction
Site Built
Fireplace
Yes
Heating
Baseboard, Other - See Remarks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The M Homes Group 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. © 2026 Carolina Multiple Listing Services, Inc.”