Located in the gated community Laurel Heights above Maggie Valley Club & Resort, this exceptional high-elevation luxury mountain retreat combines spectacular year-round layered mountain views with extensive recent updates and an abundance of beautifully designed living and outdoor spaces. With its south-facing, optimal exposure, the home enjoys Blue Ridge vistas from nearly every room, and even from the expansive unfinished space below the main-level garage. Over the past several years, the property has undergone significant improvements, including a completely redesigned kitchen, an opened-up great room, new flooring and interior paint throughout, a whole-house generator, fiber-optic internet, and a custom sauna on the upper deck. The main level features an inviting great room, two primary suites, and a convenient laundry room, while expansive covered and open decks provide exceptional spaces for outdoor dining, entertaining, or simply enjoying the ever-changing mountain scenery. The lower level offers an impressive den/gameroom and two additional primary suites, providing a total of four well-appointed suites and excellent flexibility for family and guests. An oversized attached two-car garage on the main level provides ample room for vehicles and storage, while the nearly 900-square-foot unfinished space beneath the garage presents an extraordinary opportunity for additional living quarters/apartment, a private gym, workshop, or creative studio, with plumbing already stubbed in and abundant electrical outlets in place. With its combination of high-elevation views, sophisticated updates, generous living spaces, extensive outdoor areas, and tremendous potential for additional finished space, this distinctive Laurel Heights property offers an exceptional mountain lifestyle in one of Maggie Valley’s premier gated communities. Laurel Heights boasts wonderfully maintained roads and lightning fast fiber-optic internet.
Under contract-show
$1,075,000
465 Leatherwood Rd, Maggie Valley, NC 28751
3beds
2,763sqft
Single Family Residence
Built in 1992
0.77 Acres Lot
$1,027,600 Zestimate®
$389/sqft
$105/mo HOA
What's special
Completely redesigned kitchenEver-changing mountain sceneryGenerous living spacesConvenient laundry roomOversized attached two-car garageSouth-facing optimal exposureWhole-house generator
- 25 days
- 164
- 6
Zillow last checked:
Listing updated:
Listed by:
Darrin Graves darrin.graves@howardhannatate.com,
Howard Hanna Beverly-Hanks Waynesville,
Julie Lapkoff,
Howard Hanna Beverly-Hanks Waynesville
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4430446
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Other
- Level: Basement
Bonus room
- Level: Basement
Den
- Level: Basement
Great room
- Level: Main
Laundry
- Level: Main
Office
- Level: Main
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer
- Laundry: Laundry Room, Main Level
Features
- Drop Zone, Soaking Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
- Flooring: Carpet, Tile, Vinyl
- Doors: Insulated Door(s)
- Windows: Insulated Windows, Skylight(s)
- Basement: Exterior Entry,Finished,Interior Entry
- Fireplace features: Gas Log, Great Room, Propane
Interior area
- Total structure area: 1,558
- Total interior livable area: 2,763 sqft
- Finished area above ground: 1,558
- Finished area below ground: 1,205
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Attached Garage, Garage Faces Rear, Garage on Main Level
- Attached garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Patio, Terrace
- Exterior features: Sauna
- Has view: Yes
- View description: Long Range, Mountain(s), Year Round
Lot
- Size: 0.77 Acres
- Features: Private, Views
Details
- Parcel number: 7697270889
- Zoning: Res
- Special conditions: Standard
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Hardboard Siding, Stone
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Septic Installed
- Water: Community Well, Shared Well
- Utilities for property: Electricity Connected, Fiber Optics, Propane, Wired Internet Available
Community & HOA
Community
- Features: Gated, Picnic Area, Walking Trails
- Security: Radon Mitigation System, Smoke Detector(s)
- Subdivision: Laurel Heights
HOA
- Has HOA: Yes
- HOA fee: $1,256 annually
- HOA name: Paige McMichael, president
Location
- Region: Maggie Valley
- Elevation: 4500 Feet
Financial & listing details
- Price per square foot: $389/sqft
- Tax assessed value: $485,400
- Annual tax amount: $3,314
- Date on market: 10/1/2026
- Cumulative days on market: 26 days
- Listing terms: Cash,Conventional
- Exclusions: Spectrum equipment, leased propane tank
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
$1,027,600
$976,000 - $1.08M
$4,509/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $1,075,000+45.9%$389/sqft |
Source: | ||
| 2/22/2023 | Sold | $737,000-0.4%$267/sqft |
Source: | ||
| 1/1/2023 | Listed for sale | $740,000$268/sqft |
Source: | ||
| 12/18/2022 | Contingent | $740,000$268/sqft |
Source: | ||
| 12/14/2022 | Listed for sale | $740,000$268/sqft |
Source: | ||
| 12/6/2022 | Contingent | $740,000$268/sqft |
Source: | ||
| 11/2/2022 | Price change | $740,000-1.3%$268/sqft |
Source: | ||
| 10/14/2022 | Listed for sale | $750,000+17.2%$271/sqft |
Source: | ||
| 8/12/2021 | Sold | $640,000-5.2%$232/sqft |
Source: | ||
| 6/28/2021 | Contingent | $675,000$244/sqft |
Source: | ||
| 5/29/2021 | Listed for sale | $675,000+35%$244/sqft |
Source: | ||
| 12/5/2006 | Sold | $500,000$181/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,314 +3% | $485,400 |
| 2024 | $3,217 +0.5% | $485,400 +0.6% |
| 2023 | $3,200 +7.1% | $482,700 |
| 2022 | $2,987 | $482,700 +1.6% |
| 2021 | $2,987 +23.4% | $475,300 +35.6% |
| 2020 | $2,420 -0.2% | $350,600 |
| 2019 | $2,425 | $350,600 |
| 2018 | $2,425 | $350,600 |
| 2017 | $2,425 -14% | $350,600 -17.3% |
| 2016 | $2,819 | $424,000 |
| 2015 | $2,819 +6.7% | $424,000 |
| 2014 | $2,642 +23.9% | $424,000 +16% |
| 2010 | $2,132 +3.3% | $365,590 |
| 2008 | $2,065 | $365,590 |
| 2007 | -- | $365,590 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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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.





