507 Utah Mountain Road

Waynesville, NC
$ 398,000 Beds 3 Baths 3 Sq 1,536
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 398,000
  • City
  • Waynesville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • HAYWOOD
  • Half Bathrooms
  • 0
  • Area
  • Haywood County
  • Lot Size
  • 0.57 Acres
  • Zip
  • 28785
  • Sqr Footage
  • 1,536
  • Year Built
  • 1997
  • Style
  • Cabin
  • MLS#
  • 4416191
Listed By: McGovern Property Management, Inc.; mcgovernpropertymgt@gmail.com
Data Source: Canopy MLS

Features

General

Living 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 No
Property Type Residential
HOA No
Subdivision Name Horning
Garage Y/N No
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 No
Lot Size Units Acres
Carport Y/N No
Elementary School Junaluska
Middle/Junior High School Waynesville
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Restrictions Livestock Restriction,Subdivision
Tax Assessed Value 205800
Listing Terms Cash,Conventional

Interior Features

Interior 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) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1536
Laundry Features In Unit,Laundry Room
Total Bedrooms 3
Total Baths 3
SqFt Main 512
SqFt Lower 512
SqFt Upper 512
Bedroom 1

Exterior Features

Exterior 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 No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Junaluska Elementary School
Middle School Waynesville Middle School
High School Tuscola High School

Price History

8/25/2026 Listed $398,000

Property vs Zip Code Average in 28785

Price
AVG $630K
$400K
Year Built
AVG 1998
1997
Visits
AVG 231
47
Data Provided by Inside Real Estate®

507 Utah Mountain Road Waynesville, NC is a Single Family Home for sale at $398000 with 1536 sqft and a lot size of 0.57 Acres Acre(s). 507 Utah Mountain Road Waynesville has 3 bedrooms, 3 baths and was built in 1997. The property's zip code is 28785 which is in Waynesville, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.