Skip main navigation
Active
    • $398,000

    507 Utah Mountain Rd, Waynesville, NC 28785

    3beds
    1,536sqft
    : 
    $2,517/mo
    Get pre-qualified
    Single Family Residence
    Built in 1997
    0.57 Acres Lot
    $388,300 Zestimate®
    $259/sqft
    $-- HOA

    What's special

    Mountain settingFully finished lower-level apartmentSeparate entranceBonus room with closetMultiple living spacesTwo separate living unitsLarge yard
    Opportunity awaits in beautiful Maggie Valley with views, views, and more views! This versatile multi-family mountain home offers two separate living units, current rental income, multiple living spaces, and excellent flexibility for investors, full-time residents, or buyers seeking a live-in/rent-out option. Conveniently located approximately 2.5 miles from I-40, 30 minutes to Asheville, and close to Great Smoky Mountains National Park, the property provides easy access to area attractions while maintaining inviting mountain-area appeal. The upper unit features a comfortable living room with fireplace, kitchen, primary bedroom, and full bath on the main level, plus an upper level with an additional bedroom, bonus room with closet, and another full bath. The fully finished lower-level apartment includes a separate entrance, living room with gas fireplace, kitchen, bedroom with closet, full bath, and stackable washer and dryer. Enjoy the mountain setting from two covered decks, with plenty of parking and a large yard. The lower unit is currently tenant-occupied at $1,100 per month with electric and water included. Upstairs has been recently rented for $1900 per month. Recent flooring upgrades have been completed on the main and upper levels, adding to the home’s appeal. A great opportunity for buyers seeking income potential, flexible living arrangements, cash flow today, and room for future plans.
    38 days
    767
    25

    Zillow last checked:

    Listing updated:

    Listed by:

    Bruce McGovern mcgovernpropertymgt@gmail.com,

    McGovern Property Management, Inc.

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4416191MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Primary bedroom
      • Level: Lower
      Bedroom s
      • Level: Upper
      Bedroom s
      • Level: Upper
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Lower
      Other
      • Level: Lower
      Kitchen
      • Level: Main
      Kitchen
      • Level: Lower
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Living room
      • Level: Lower
      Heating
      • Baseboard, Other
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
      • Laundry: In Unit, Laundry Room
      Features
      • Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Tile
      • Basement: Apartment,Exterior Entry,Finished,Walk-Out Access
      • Fireplace features: Gas Log, Living Room, Propane, Other - See Remarks
      Interior area
      • Total structure area: 1,536
      • Total interior livable area: 1,536 sqft
      • Finished area above ground: 1,536
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Deck
      • Exterior features: Storage
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Long Range, Mountain(s), Year Round
      Lot
      • Size: 0.57 Acres
      • Features: Rolling Slope, Sloped, Views
      Living quarters
      • Secondary features: Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
      Details
      • Parcel number: 8607698334
      • Zoning: None
      • Special conditions: Subject to Lease

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Vinyl
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: City
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Horning
      Location
      • Region: Waynesville
      • Elevation: 2500 Feet

      Financial & listing details

      • Price per square foot: $259/sqft
      • Tax assessed value: $205,800
      • Annual tax amount: $1,497
      • Date on market: 8/25/2026
      • Cumulative days on market: 38 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Gravel, Paved

        Estimated market value

        $388,300

        $369,000 - $408,000

        $2,011/mo

        Price history

        DateEventPrice
        8/25/2026Listed for sale$398,000+2.1%$259/sqft
        Source: Canopy MLS as distributed by MLS GRID #4416191 Report a problem
        8/14/2026Listed for rent$1,900$1/sqft
        Source: Zillow Rentals Report a problem
        3/2/2026Listing removed$1,900$1/sqft
        Source: Zillow Rentals Report a problem
        12/4/2025Listed for rent$1,900+72.7%$1/sqft
        Source: Zillow Rentals Report a problem
        1/29/2025Listing removed$1,100$1/sqft
        Source: Zillow Rentals Report a problem
        1/24/2025Listed for rent$1,100-42.1%$1/sqft
        Source: Zillow Rentals Report a problem
        1/23/2025Listing removed$389,900$254/sqft
        Source: Canopy MLS as distributed by MLS GRID #4205375 Report a problem
        12/17/2024Price change$389,900-1.3%$254/sqft
        Source: Canopy MLS as distributed by MLS GRID #4204698 Report a problem
        12/5/2024Listed for sale$395,000+12.9%$257/sqft
        Source: Canopy MLS as distributed by MLS GRID #4204698 Report a problem
        10/2/2024Listing removed$1,900$1/sqft
        Source: Zillow Rentals Report a problem
        9/23/2024Listed for rent$1,900$1/sqft
        Source: Zillow Rentals Report a problem
        9/16/2024Listing removed$1,900$1/sqft
        Source: Zillow Rentals Report a problem
        8/20/2024Listed for rent$1,900$1/sqft
        Source: Zillow Rentals Report a problem
        6/27/2024Sold$350,000-7.9%$228/sqft
        Source: Carolina Smokies MLS #26036693 Report a problem
        5/30/2024Contingent$380,000$247/sqft
        Source: Carolina Smokies MLS #26036693 Report a problem
        5/16/2024Listed for sale$380,000$247/sqft
        Source: Carolina Smokies MLS #26036693 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,497 +4.3%$205,900
        2024$1,436 $205,900
        2023$1,436 +4.5%$205,900 +2.6%
        2022$1,373 $200,700
        2021$1,373 +20.9%$200,700 +34.6%
        2020$1,136 -0.4%$149,100
        2019$1,141 $149,100
        2018$1,141 $149,100
        2017$1,141 -16%$149,100 -20.5%
        2016$1,357 $187,600
        2015$1,357 +9.6%$187,600
        2014$1,239 +33.6%$187,600 +27.8%
        2010$927 +3.3%$146,760
        2008$897 $146,760
        2007-- $146,760
        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.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 28785

        Getting around

        0 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Junaluska
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Waynesville Topics

                Search
                Updates
                Favorites
                Plan
                Inbox