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    • Price cut: $120K (7/14)
    $2,275,000

    202 Emerald Ln, Maggie Valley, NC 28751

    4beds
    8,834sqft
    : 
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    Single Family Residence
    Built in 2008
    2.94 Acres Lot
    $-- Zestimate®
    $258/sqft
    $-- HOA

    What's special

    Gated entranceFurnishings package includedExtensive estate groundsExceptional outdoor entertaining areas
    We are pleased to announce a significant July repositioning of 202 Emerald Lane, Maggie Valley, North Carolina, now offered at $2.275 million. For clients seeking a private mountain estate, family compound, executive retreat, or legacy property in Western North Carolina, this opportunity warrants renewed consideration. At 3,400 feet in elevation, 202 Emerald Lane combines accessibility, privacy, and scale in a manner rarely found in today's market. The offering includes: • 8,834± square feet of luxury living space • Detached guest house with separate living accommodations • Additional build-ready parcel with installed well and septic • Gated entrance and extensive estate grounds • Exceptional outdoor entertaining areas • Furnishings package included • No rental restrictions • Transferable 3 year home warranty including stucco coverage. What makes this property particularly compelling is not simply its size, but the flexibility of ownership it provides. Whether utilized as a primary residence, seasonal retreat, multi-generational family compound, or investment opportunity, the estate offers a combination of features that would be difficult and costly to replicate today. The July repositioning places the property among the strongest value propositions currently available within the luxury mountain estate category. For buyers who have previously reviewed, monitored, or discussed this property, now is an excellent time to take a fresh look. Private showings are available by appointment for qualified buyers. Proof of funds are required to confirm showings. For additional information, disclosures, appraisal support materials, or to schedule a private tour, please contact us directly.
    1095 days
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    2,024
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    123
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle Olinger kyle@walnutcoverealty.com,

    Walnut Cove Realty/Allen Tate/Beverly-Hanks

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4047356MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 8
      • Full bathrooms: 5
      • 1/2 bathrooms: 3
      • Main level bedrooms: 1
      Primary bedroom
      • Features: Ceiling Fan(s), Garden Tub, Tray Ceiling(s)
      • Level: Main
      Bedroom s
      • Level: Upper
      Bedroom s
      • Level: Basement
      Bedroom s
      • Level: 2nd Living Quarters
      Living room
      • Features: Ceiling Fan(s), Open Floorplan
      • Level: Main
      Heating
      • Floor Furnace, Forced Air, Heat Pump, Propane
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Gas Cooktop
      • Laundry: Inside, Main Level
      Features
      • Kitchen Island, Open Floorplan, Pantry, Total Primary Heated Living Area: 6805
      • Flooring: Carpet, Tile, Wood
      • Basement: Finished,Walk-Out Access
      • Fireplace features: Family Room, Living Room
      Interior area
      • Total structure area: 4,435
      • Total interior livable area: 8,834 sqft
      • Finished area above ground: 4,736
      • Finished area below ground: 2,069
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway, Attached Garage, Detached Garage
      • Attached garage spaces: 6
      • Has uncovered spaces: Yes
      • Details: There is a separate guest house with a 4+ car garage. See notes.
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Deck, Front Porch
      • Exterior features: Outdoor Kitchen
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Long Range, Mountain(s)
      Lot
      • Size: 2.94 Acres
      • Features: Private, Sloped, Views
      Living quarters
      • Secondary living space: 2029 sqft
      • Secondary features: Exterior Not Connected,Guest House,Separate Entrance,Separate Kitchen Facilities,Separate Utilities
      Details
      • Additional structures: Other
      • Additional parcels included: 7677-81-3353; 7677-81-3529
      • Parcel number: 7677814540
      • Zoning: None
      • Special conditions: Standard
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Transitional
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Stone, Synthetic Stucco, Wood
      Condition
      • New construction: No
      • Year built: 2008

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

      Community
      • Subdivision: FIE TOP WOODLANDS
      Location
      • Region: Maggie Valley

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $1,160,600
      • Annual tax amount: $7,428
      • Date on market: 7/18/2023
      • Cumulative days on market: 915 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,810/mo

        Price history

        DateEventPrice
        7/14/2026Price change$2,275,000-5%$258/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        6/23/2026Price change$2,395,000-1.6%$271/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        6/11/2026Price change$2,435,000-2.4%$276/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        3/9/2026Listed for sale$2,495,000$282/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        2/26/2026Listing removed$2,495,000$282/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        9/2/2025Price change$2,495,000-10.7%$282/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        8/6/2025Price change$2,795,000-6.7%$316/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        6/17/2025Price change$2,995,000-11.8%$339/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        5/12/2025Listed for sale$3,395,000-2.9%$384/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        9/3/2024Listing removed$3,495,000$396/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        1/29/2024Price change$3,495,000-10.4%$396/sqft
        Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem
        7/18/2023Listed for sale$3,900,000$441/sqft
        Source: Canopy MLS as distributed by MLS GRID #CAR4047356 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,428 +3%$1,093,800
        2024$7,209 $1,093,800
        2023$7,209 +5.6%$1,093,800
        2022$6,826 $1,093,800
        2021$6,826 +22.7%$1,093,800 +30.6%
        2020$5,563 -0.1%$837,800
        2019$5,568 $837,800
        2018$5,568 $837,800
        2017$5,568 -14%$837,800 -16.9%
        2016$6,476 $1,008,100
        2015$6,476 +5.2%$1,008,100
        2014$6,154 $1,008,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 28751

        Getting around

        4 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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