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  • $579,000

    1201 Cathey Cove Rd, Waynesville, NC 28786

    2beds
    1,200sqft
    Single Family Residence
    Built in 2004
    3.01 Acres Lot
    $578,800 Zestimate®
    $483/sqft
    $1,843 Estimated rent

    Home value

    $578,800

    $527,000 - $637,000

    $1,843/mo

    Zestimate® history
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    What's special

    Room for a gardenTon of natural lightCustom interior woodworkingFinished laundry roomUtility roomSingle car garageStorage closets
    It feels like you can see the whole world from this stunning home. Mind blowing views of Mt. Pisgah and the Pigeon Valley. This home was lovingly built with attention to detail - from the custom interior woodworking, custom couch, sofa table and rock work on the outside of the home. Great Room features a wall of windows to enjoy the view and provides ton of natural light, a Hearthstone wood stove and a custom bookshelf with library ladder. Dining area and Kitchen are open to the Great Room. Kitchen with large island with 2 pull out drawers. Primary suite on main level. Solid 3 1/4" cherry wood floors throughout. Upper level has loft that could fit a sleeper or murphy bed, second primary bedroom and full bath with a steel tub. Lower level includes a finished laundry room, utility room, storage closets and single car garage. Garage has upgraded electrical outlet suitable for high power woodworking tools and electric vehicle. Hard wired Generac generator. 12x20 tractor shed. 3 acres of gorgeous property with cherry trees, pear tree, beech trees and blueberry bushes. Room for a garden. This home was perked for a 3 bedroom septic, so a 3rd bedroom could be added.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bruce McGovern mcgovernpropertymgt@gmail.com,

    McGovern Property Management, Inc.

    Bought with:

    Kelsey Varga

    COMPASS

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4330089MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    Primary bedroom
    • Level: Upper
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Upper
    Dining room
    • Level: Main
    Great room
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Lower
    Heating
    • Central, Propane
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Electric Oven, Electric Range, Refrigerator
    • Laundry: In Basement
    Features
    • Built-in Features, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s)
    • Flooring: Wood
    • Doors: Insulated Door(s)
    • Windows: Insulated Windows
    • Basement: Daylight,Exterior Entry,Finished,Interior Entry
    • Fireplace features: Wood Burning Stove
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft
    • Finished area above ground: 1,200
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement, Shared Driveway
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Covered, Deck, Front Porch, Wrap Around
    • Has view: Yes
    • View description: Long Range, Mountain(s), Year Round
    Lot
    • Size: 3.01 Acres
    • Features: Cleared, Orchard(s), Private, Rolling Slope, Views
    Details
    • Additional structures: Shed(s)
    • Parcel number: 8635871868
    • Zoning: None
    • Special conditions: Standard
    • Other equipment: Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Well
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: Spring Valley
    HOA
    • Has HOA: Yes
    • HOA fee: $600 annually
    • HOA name: Bob Clark
    Location
    • Region: Waynesville
    • Elevation: 3000 Feet

    Financial & listing details

    • Price per square foot: $483/sqft
    • Tax assessed value: $279,200
    • Annual tax amount: $1,974
    • Date on market: 12/17/2025
    • Cumulative days on market: 174 days
    • Listing terms: Cash,Conventional
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    7/13/2026Sold$579,000-1.7%$483/sqft
    Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem
    5/20/2026Price change$589,000-11.4%$491/sqft
    Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem
    4/10/2026Price change$665,000-4.3%$554/sqft
    Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem
    2/2/2026Price change$695,000-2.8%$579/sqft
    Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem
    12/17/2025Listed for sale$715,000$596/sqft
    Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,974 +0.7%$279,200
    2024$1,960 +1.4%$279,200
    2023$1,932 +2.2%$279,200
    2022$1,890 $279,200
    2021$1,890 +15.5%$279,200 +26.6%
    2020$1,636 -0.3%$220,500
    2019$1,641 +1.4%$220,500
    2018$1,619 $220,500
    2017$1,619 +1.5%$220,500 -1.3%
    2016$1,596 $223,300
    2015$1,596 +8.7%$223,300
    2014$1,468 +22.2%$223,300 +14.2%
    2010$1,202 +3.3%$195,480
    2008$1,164 $195,480
    2007-- $195,480
    Find assessor info on the county website

    Neighborhood: 28786

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bethal
    • Middle: Bethel
    • High: Pisgah

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $590,376