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.
Under contract-show
Price cut: $76K (5/20)
$589,000
1201 Cathey Cove Rd, Waynesville, NC 28786
2beds
1,200sqft
Single Family Residence
Built in 2004
3.01 Acres Lot
$568,700 Zestimate®
$491/sqft
$50/mo HOA
What's special
Room for a gardenTon of natural lightCustom interior woodworkingFinished laundry roomUtility roomSingle car garageStorage closets
- 193 days |
- 531 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Bruce McGovern mcgovernpropertymgt@gmail.com,
McGovern Property Management, Inc.
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4330089
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
Video & virtual tour
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: $491/sqft
- Tax assessed value: $279,200
- Annual tax amount: $1,974
- Date on market: 12/17/2025
- Cumulative days on market: 190 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Estimated market value
$568,700
$540,000 - $597,000
$1,771/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Price change | $589,000-11.4%$491/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4330089 Report a problem | ||
| 4/10/2026 | Price change | $665,000-4.3%$554/sqft |
Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem | ||
| 2/2/2026 | Price change | $695,000-2.8%$579/sqft |
Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem | ||
| 12/17/2025 | Listed for sale | $715,000$596/sqft |
Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $195,480 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 28786
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10Bethel ElementaryGrades: K-5Distance: 1.1 mi
- 6/10Bethel MiddleGrades: 6-8Distance: 1.6 mi
- 7/10Pisgah HighGrades: 9-12Distance: 4 mi
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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A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Haywood County
- Waynesville
- 28786
- 1201 Cathey Cove Rd
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