507 Utah Mountain Road, Waynesville, NC 28785

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

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List Price
$398,000
Status
ACTIVE
Days on Market
19
MLS#
4416191
Style
Cabin
Year Built
1997
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,536
Lot Size
24,829
Acres
0.57
Subdivision
Horning
Neighborhood
Horning

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

Interior Features
Split Bedroom, Walk-In Closet(s)
Exterior Features
Storage
Property Description
Cabin
Appliances
Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Heating
Baseboard, Other - See Remarks
Air Conditioning
Ceiling Fan(s)
Exterior Construction
Site Built
Levels
Three
Foundation
Slab
Parking
Driveway
Elementary School
Junaluska
Middle School
Waynesville
High School
Tuscola
View
Long Range, Mountain(s), Year Round

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

“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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