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Sold for $160,000
    • $160,000

    308 Searcy Mountain Rd, Cullowhee, NC 28723

    2beds
    --sqft
    Residential
    Built in 1969
    0.43 Acres Lot
    $161,200 Zestimate®
    $--/sqft
    $1,296 Estimated rent

    Home value

    $161,200

    $145,000 - $179,000

    $1,296/mo

    Zestimate® history
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    Rent Zestimate®

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    $951/mo

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    What's special

    Investor alert! Immediate cash flow potential, just minutes from Western Carolina University. Affordable two-bedroom, one-bath rental opportunity with a proven rental history and strong demand from students, and residents. With a proven rental history already in place, this property is well-positioned to continue generating income from day one. The home features a durable metal roof approximately eight years old and a mini-split system installed in 2022, providing efficient heating and cooling while helping reduce future maintenance expenses. Strong rental demand, convenient location near campus, and local amenities make it an appealing option for long-term tenants. Properties at this price point near WCU are becoming increasingly difficult to find, making this an excellent opportunity for investors looking to expand their portfolio or enter the rental market. Unrestricted property, located in a high-demand area with flexible use potential. The well is shared with 10 other homes, so the property will not qualify for government-backed financing. Propane heater to be removed before closing. Sellers are licensed North Carolina Realtors.

    Zillow last checked:

    Listing updated:

    Listed by:

    -- Mossbarger Team,

    Realty One Group Vibe

    Bought with:

    Julie Phillips, 298985

    Keller Williams Great Smokies - Sylva

    Source: Carolina Smokies MLS,MLS#: 26046660

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 136.4
    • Dimensions: 11 x 12.4
    Bedroom 2
    • Level: Second
    • Area: 76.44
    • Dimensions: 9.8 x 7.8
    Kitchen
    • Level: First
    • Area: 64.17
    • Dimensions: 6.9 x 9.3
    Living room
    • Level: First
    • Area: 249.48
    • Dimensions: 16.2 x 15.4
    Heating
    • Heat Pump, Mini-Split
    Cooling
    • Heat Pump, Ductless
    Appliances
    • Included: Other-See Remarks, Electric Water Heater
    Features
    • Ceiling Fan(s), Large Master Bedroom, Pantry
    • Flooring: Luxury Vinyl Plank
    • Doors: Doors-Insulated
    • Windows: Insulated Windows
    • Basement: None
    • Attic: Access Only
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Living area range: < 800 Square Feet

    Property

    Parking
    • Parking features: No Garage, None-Carport
    Features
    • Levels: Two
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Short Range View, View-Winter
    Lot
    • Size: 0.43 Acres
    • Features: Hilly/Steep, Unrestricted
    • Residential vegetation: Partially Wooded
    Details
    • Additional structures: Storage Building/Shed
    • Parcel number: 7559399354

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential
    Materials
    • Wood Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1969

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Shared Well, See Remarks
    • Utilities for property: Cell Service Available

    Community & neighborhood

    Location
    • Region: Cullowhee

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/27/2026Sold$160,000+15.1%
    Source: Carolina Smokies MLS #26046660 Report a problem
    3/22/2026Contingent$139,000
    Source: Carolina Smokies MLS #26046660 Report a problem
    3/20/2026Price change$139,000+11.2%
    Source: Carolina Smokies MLS #26046660 Report a problem
    10/9/2025Price change$125,000-3.1%
    Source: Carolina Smokies MLS #26042032 Report a problem
    9/23/2025Price change$129,000-7.2%
    Source: Carolina Smokies MLS #26042032 Report a problem
    9/10/2025Price change$139,000-7.3%
    Source: Carolina Smokies MLS #26042032 Report a problem
    9/2/2025Price change$149,900+67.5%
    Source: Carolina Smokies MLS #26042032 Report a problem
    8/1/2019Listing removed$800
    Source: All Pro Property Management Inc. Report a problem
    7/27/2019Listed for rent$800
    Source: All Pro Property Management Inc. Report a problem
    6/7/2012Listed for sale$89,500-4.3%
    Source: Keller Williams Realty #50666 Report a problem
    3/23/2012Listing removed$93,500
    Source: Keller Williams Realty #43549 Report a problem
    7/8/2010Price change$93,500-6.4%
    Source: Systems Engineering, Inc. #43549 Report a problem
    3/13/2010Price change$99,900-8.3%
    Source: Systems Engineering, Inc. #43549 Report a problem
    3/18/2009Listed for sale$108,900+55.6%
    Source: Systems Engineering, Inc. #43549 Report a problem
    5/12/2005Sold$70,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$694 +22.3%$183,471 +57.7%
    2024$567 $116,350
    2023$567 $116,350
    2022$567 +9.9%$116,350
    2021$516 +62.5%$116,350 +89.4%
    2020$317 $61,420
    2019$317 $61,420
    2018$317 $61,420
    2017$317 +2%$61,420
    2015$311 -10.8%$61,420 -35%
    2011$349 $94,560

    Find assessor info on the county website

    Neighborhood: 28723

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    Estimated market value
    $161,200
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