NEW PRICE $550,000 - $49,750 PRICE REDUCTION ...
Historic Maggie Valley Homestead + Detached Guest Cottage ...
Mountain Views • Creekside Living • Vacation Rental History • No HOA ...
A rare Maggie Valley opportunity combining history, mountain views, creekside living, rental potential and a detached guest cottage—all just minutes from the heart of town.
Step into the charm of 1912 with the comfort of today's updates in this beautifully restored Historic Maggie Homestead. Original hardwood floors, shiplap accents, rough-cut cedar walls, historic stained glass and the home's distinctive character blend beautifully with a remodeled chef's kitchen featuring a six-burner gas range, stainless appliances and butcher-block counters and luxury baths with spacious tile walk-in rain head showers and a vintage clawfoot tub.
The main home offers inviting high ceilings in the living and dining spaces, a sun room, main-level bedroom and bath, 2 additional bedrooms upstairs, multiple porches and decks, and a spectacular mountain view from the outdoor living areas.
And then there's the guest cottage.
But wait... there's a second house? The detached Bunk House offers its own kitchen, sleeping area, bath and living space—ideal for guests, family, a home office or continued proven vacation-rental use.
Outside, enjoy a creekside deck tucked into the woods, fire pit, garden area, historic stonework and the soothing sound of the creek.
City water and sewer, paved year-round access, no HOA, and short-term rentals are allowed. State maintained roads, garbage pick-up and snow removal are included. Enjoy 'walk to town' convenience.
With a successful vacation-rental history and a location convenient to Maggie Valley shops, restaurants and the greenway, this property offers tremendous flexibility as a primary residence, second home or income-producing vacation property.
NOW $550,000. Come experience this one-of-a-kind Maggie Valley homestead and see why it's so much more than a house.
Additional Details: High Speed Internet and Cable available with Spectrum... Request a 2 Minute video walk though of the house and guest cottage.
Active
Price cut: $49.8K (9/1)
$550,000
125 Timberline Dr, Maggie Valley, NC 28751
4beds
2,175sqft
Single Family Residence
Built in 1912
0.53 Acres Lot
$534,800 Zestimate®
$253/sqft
$-- HOA
What's special
Mountain viewsVintage clawfoot tubHistoric stoneworkDetached guest cottageShiplap accentsRough-cut cedar wallsMultiple porches and decks
- 152 days
- 1,319
- 92
Zillow last checked:
Listing updated:
Listed by:
Lynda Bennett Bennett@MountainHeritage.com,
Better Homes and Gardens Real Estate Heritage
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4365307
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: 2nd Living Quarters
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: 2nd Living Quarters
Other
- Level: 2nd Living Quarters
Other
- Level: 2nd Living Quarters
Breakfast
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Other
- Level: Main
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Dishwasher, Gas Range, Refrigerator, Washer/Dryer
- Laundry: Laundry Room, Main Level
Features
- Breakfast Bar, Storage, Total Primary Heated Living Area: 1919
- Flooring: Tile, Wood
- Has basement: No
- Attic: Pull Down Stairs
- Fireplace features: Living Room
Interior area
- Total structure area: 1,919
- Total interior livable area: 2,175 sqft
- Finished area above ground: 1,919
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Circular Driveway
- Has uncovered spaces: Yes
- Details: FLAT easy parking convenient to the paved road
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Balcony, Covered, Deck, Front Porch, Side Porch
- Exterior features: Fire Pit
- Has view: Yes
- View description: Long Range, Mountain(s), Year Round
- Waterfront features: None, Creek, Creek/Stream
Lot
- Size: 0.53 Acres
- Features: Wooded, Views
Living quarters
- Secondary living space: 256 sqft
- Secondary features: Guest House,Separate Kitchen Facilities,Separate Living Quarters,Upper Level Garage
Details
- Additional structures: Outbuilding, Workshop, Other
- Parcel number: 7686754450
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Arts and Crafts,Farmhouse,Traditional
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Propane
Community & HOA
Community
- Subdivision: none
Location
- Region: Maggie Valley
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $189,100
- Annual tax amount: $1,388
- Date on market: 4/3/2026
- Cumulative days on market: 152 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Estimated market value
$534,800
$508,000 - $562,000
$2,809/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $550,000-8.3%$253/sqft |
Source: | ||
| 7/26/2026 | Price change | $599,750-3.2%$276/sqft |
Source: | ||
| 5/20/2026 | Price change | $619,750-1.6%$285/sqft |
Source: | ||
| 4/4/2026 | Listed for sale | $629,900$290/sqft |
Source: | ||
| 12/7/2025 | Listing removed | $629,900$290/sqft |
Source: | ||
| 10/16/2025 | Listed for sale | $629,900+246.1%$290/sqft |
Source: | ||
| 4/1/2020 | Sold | $182,000-15.3%$84/sqft |
Source: | ||
| 3/6/2020 | Pending sale | $215,000$99/sqft |
Source: Beverly-Hanks Waynesville #3597260 Report a problem | ||
| 2/28/2020 | Listed for sale | $215,000$99/sqft |
Source: Beverly Hanks & Associates #26014998 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,388 +2.8% | $189,100 |
| 2024 | $1,350 | $189,100 |
| 2023 | $1,350 +5.2% | $189,100 |
| 2022 | $1,284 | $189,100 |
| 2021 | $1,284 | $189,100 |
| 2020 | -- | -- |
| 2019 | -- | $203,700 |
| 2018 | $1,068 | $203,700 |
| 2017 | $1,068 +14% | $203,700 +14.2% |
| 2016 | $937 | $178,300 |
| 2015 | $937 +12.3% | $178,300 |
| 2014 | $835 -28.3% | $178,300 -1.7% |
| 2010 | $1,163 +3.6% | $181,430 |
| 2008 | $1,122 | $181,430 |
| 2007 | -- | $181,430 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28751
Nearby schools
Schools provided by the listing agent
- Elementary: Jonathan Valley
- Middle: Waynesville
- High: Tuscola
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.





