BACK ON THE MARKET! INCREDIBLE HOME/B&B IN WAYNESVILLE! Back on the market, buyer unable to obtain financing. This is your chance to own an icon on the Natl Historic Registry. Built in 1898 with the finest virgin hardwood, this home has over 5,500 SF & is currently zoned commercial. It's been a Bed & Breakfast with an occupancy rate above the natl. avg & listed WELL BELOW tax value & recent appraisal. This home has 7 B, 8.5 Ba, wrap-around porch & gazebo with long-range mountain & downtown views. Interior has 8 FPs, 10' ceilings, wood floors, transom windows, large kitchen, office & so much more. Situated on .8+/- ac this exquisite home also features a fire pit, waterfall & brick storage building. New roof installed in 2023. Just minutes from Asheville, Cherokee & the Blue Ridge Pkwy. Whether you desire a single family home, or wish to add a profitable commercial property to your investment portfolio, don't pass this one up. It's incredible.
Closed
$525,000
224 Love Ln, Waynesville, NC 28786
7beds
5,215sqft
Single Family Residence
Built in 1898
0.81 Acres Lot
$1,529,300 Zestimate®
$101/sqft
$5,069 Estimated rent
Home value
$1,529,300
$1.22M - $1.90M
$5,069/mo
Zestimate® history
Owner options
List your home for rent
$5,069/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$5,069/mo
Rent Zestimate®
Refinance and save
$3,144/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,144/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Wrap-around porchBrick storage buildingWood floorsLarge kitchenTransom windowsFire pit
Zillow last checked:
Listing updated:
Listed by:
Tom Peacock tpeacock@mossyoakproperties.com,
Mossy Oak Properties Carolina Timber & Realty
Bought with:
Tom Peacock
Mossy Oak Properties Carolina Timber & Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4212412
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 7
- 1/2 bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Upper
Bedroom s
- Features: None
- Level: Main
Heating
- Forced Air, Propane
Cooling
- Central Air, Wall Unit(s), Window Unit(s)
Appliances
- Included: Dishwasher, Double Oven, Dryer, Electric Cooktop, Electric Oven, Electric Range, Freezer, Induction Cooktop, Microwave, Refrigerator, Washer, Washer/Dryer
- Laundry: Electric Dryer Hookup, Utility Room, Inside, Main Level
Features
- Built-in Features, Soaking Tub, Kitchen Island, Pantry, Storage, Walk-In Pantry
- Flooring: Carpet, Tile, Wood
- Doors: Screen Door(s)
- Windows: Window Treatments
- Basement: Exterior Entry,Sump Pump,Unfinished
- Attic: Finished,Permanent Stairs,Walk-In
- Fireplace features: Gas
Interior area
- Total structure area: 4,211
- Total interior livable area: 5,215 sqft
- Finished area above ground: 5,215
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Space(s)
Features
- Levels: Two and a Half
- Stories: 2.5
- Entry location: Main
- Patio & porch: Covered, Front Porch, Porch, Side Porch, Wrap Around
- Exterior features: Fire Pit, Storage
- Fencing: Front Yard,Wood
- Has view: Yes
- View description: City, Long Range, Mountain(s), Year Round
- Waterfront features: None
Lot
- Size: 0.81 Acres
- Features: Level, Rolling Slope, Views, Waterfall - Artificial
Details
- Additional structures: Gazebo, Outbuilding
- Parcel number: 8615291749
- Zoning: LL-ND
- Special conditions: Standard
- Other equipment: Fuel Tank(s)
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Victorian
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space, None
- Roof: Composition
Condition
- New construction: No
- Year built: 1898
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Connected, Propane
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: Waynesville
- Elevation: 2500 Feet
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $1,090,300
- Annual tax amount: $5,997
- Date on market: 1/9/2025
- Cumulative days on market: 10 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Sold | $525,000-19.2%$101/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4212412 Report a problem | ||
| 3/20/2025 | Contingent | $650,000$125/sqft |
Source: Carolina Smokies MLS #26040200 Report a problem | ||
| 3/10/2025 | Price change | $650,000-7.1%$125/sqft |
Source: Canopy MLS as distributed by MLS GRID #4212412 Report a problem | ||
| 1/9/2025 | Listed for sale | $700,000+0.7%$134/sqft |
Source: Canopy MLS as distributed by MLS GRID #4212412 Report a problem | ||
| 11/21/2024 | Sold | $695,000-20.6%$133/sqft |
Source: Public Record Report a problem | ||
| 7/10/2024 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #4109373 Report a problem | ||
| 4/8/2024 | Listing removed | $875,000-2.7%$168/sqft |
Source: Canopy MLS as distributed by MLS GRID #4109373 Report a problem | ||
| 3/15/2024 | Price change | $899,000-10%$172/sqft |
Source: Canopy MLS as distributed by MLS GRID #4109373 Report a problem | ||
| 2/21/2024 | Listed for sale | $999,000-16.7%$192/sqft |
Source: Canopy MLS as distributed by MLS GRID #4109373 Report a problem | ||
| 1/26/2023 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #3908482 Report a problem | ||
| 11/14/2022 | Price change | $1,199,000-0.1%$230/sqft |
Source: Canopy MLS as distributed by MLS GRID #3908482 Report a problem | ||
| 11/1/2022 | Price change | $1,200,000-14.2%$230/sqft |
Source: Canopy MLS as distributed by MLS GRID #3908482 Report a problem | ||
| 9/27/2022 | Listed for sale | $1,399,000+33.2%$268/sqft |
Source: Canopy MLS as distributed by MLS GRID #3908482 Report a problem | ||
| 9/4/2020 | Listing removed | $1,050,000$201/sqft |
Source: Beverly-Hanks Downtown Asheville #3632109 Report a problem | ||
| 6/18/2020 | Listed for sale | $1,050,000+36.5%$201/sqft |
Source: Beverly-Hanks Downtown Asheville #3632109 Report a problem | ||
| 3/14/2019 | Sold | $769,000-5.1%$147/sqft |
Source: Public Record Report a problem | ||
| 3/2/2016 | Sold | $810,000+14.1%$155/sqft |
Source: Canopy MLS as distributed by MLS GRID #NCM566837 Report a problem | ||
| 12/4/2007 | Sold | $710,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,997 +100% | $1,090,300 |
| 2024 | $2,998 | $1,090,300 |
| 2023 | $2,998 +2.8% | $1,090,300 |
| 2022 | $2,917 | $1,090,300 |
| 2021 | $2,917 +31.9% | $1,090,300 +44.3% |
| 2020 | $2,211 +0.8% | $755,800 +0.8% |
| 2019 | $2,192 | $749,500 |
| 2018 | $2,192 | $749,500 |
| 2017 | $2,192 +31.6% | $749,500 +27.4% |
| 2016 | $1,665 | $588,400 |
| 2015 | $1,665 +4.6% | $588,400 |
| 2014 | $1,593 | $588,400 -26.7% |
| 2007 | -- | $802,710 |
Find assessor info on the county website
Neighborhood: 28786
Nearby homes
- $378,7003 bd3 ba2k sqft240 Love Ln, Waynesville, NC 28786Off Market
- $801,4004 bd3 ba3.7k sqft144 Love Ln, Waynesville, NC 28786Off Market
- $390,0003 bd2 ba1.2k sqft220 Love Ln, Waynesville, NC 28786Sold
- $156,0003 bd1 ba1k sqft254 Love Ln, Waynesville, NC 28786Sold
- $48,500-- bd-- ba-- sqft254 Love Ln, Waynesville, NC 28786Sold
- $7,0002.2 Acres1 Dolan Dr, Waynesville, NC 28786Off Market
- $21,900-- bd-- ba-- sqft3 Dolan Dr, Waynesville, NC 28786Off Market
- $19,700-- bd-- ba-- sqft4 Dolan Dr, Waynesville, NC 28786Off Market
Nearby schools
GreatSchools rating
- 8/10Hazelwood ElementaryGrades: PK-5Distance: 1.8 mi
- 4/10Waynesville MiddleGrades: 6-8Distance: 0.9 mi
- 7/10Tuscola HighGrades: 9-12Distance: 2.9 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,529,300
2% more
+$30,586
With Zillow Showcase(estimated)
$1,559,886
- North Carolina
- Haywood County
- Waynesville
- 28786
- 224 Love Ln
Nearby cities
Nearby zip codes
Other Waynesville Topics
