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Active

507 Utah Mountain Road

Waynesville, NC 28785

Active Listed 46 Days Listing ID CAR 313364230

$398,000
Est. $2,527/mo20% down · 7.125% · 30-yrAdjust
  • P&I$2,145
  • Taxes$249
  • Insurance$133

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$259/Sq Ft

3 bd · 3 ba · 1,536 sqft · $259/sqft

3 Beds
3 Baths
1,536 Sq Ft
$259/Sq Ft
1997 Built
.57 acres Single Family Residence Horning Listed Aug 25, 2026 Updated Aug 26, 2026 HOA None

About This Home

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.

Property Details

Interior Details

Heating
  • Baseboard
  • Other - See Remarks
Flooring
  • Carpet
  • Laminate
  • Tile
Main Level Sq Ft
512
Room Count
13
Lower Level Sq Ft
512
Upper Level Sq Ft
512
Main Level Bedrooms
1
Lower Level Bedrooms
1
Upper Level Bedrooms
1
Main Level Full Baths
1
Main Level Half Baths
0
Lower Level Full Baths
1
Upper Level Full Baths
1
Lower Level Half Baths
0
Upper Level Half Baths
0
Half Bathrooms
0
Total Bathrooms
3
Laundry Features
  • In Unit
  • Laundry Room
Interior Features
  • Split Bedroom
  • Walk-In Closet(s)
Fireplace Features
  • Gas Log
  • Living Room
  • Propane
  • Other - See Remarks
Lower Level
Entire Level Above Grade
Second Living Quarters
  • Separate Entrance
  • Separate Kitchen Facilities
  • Separate Living Quarters

Dwelling And Structure

Architectural Style
  • Cabin
Construction Type
Site Built

Square Footage And Levels

Levels
  • Three
Above Grade Finished Area
1536

Parking And Garage

Parking Features
  • Driveway

Exterior Features

Exterior Features
  • Storage
Construction Materials
  • Vinyl
Patio And Porch Features
  • Covered
  • Deck

Lot And Land

Fencing
  • Back Yard
Lot Features
  • Rolling Slope
  • Sloped
  • Views
Lot Size Acres
0.57
Lot Size Units
Acres

Basement And Foundation

Basement
  • Apartment
  • Exterior Entry
  • Finished
  • Walk-Out Access
Foundation Details
  • Slab

Waterfront And View

View
  • Long Range
  • Mountain(s)
  • Year Round

Utilities

Sewer
  • Septic Installed
Utilities
  • Electricity Connected
Water Source
  • City

Financial Information

City Taxes Paid To
No City Taxes Paid
Hoa Dues
No

Zoning And Restrictions

Subject To Ccrs
Yes
Restrictions
  • Livestock Restriction
  • Subdivision

Listed by Bruce McGovern (828-452-1519) · McGovern Property Management, Inc. (828-452-1519)

Location

Address
507 Utah Mountain Road
City
Waynesville, NC 28785
Community
Horning
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Schools

Elementary
Junaluska
Middle
Waynesville
High
Tuscola

School assignments may change. Contact the school district to confirm.

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