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  • $160,000

    691 Old Balsam Rd, Waynesville, NC 28786

    2beds
    672sqft
    Single Family Residence
    Built in 1945
    3.05 Acres Lot
    $160,000 Zestimate®
    $238/sqft
    $1,611 Estimated rent

    Home value

    $160,000

    $149,000 - $173,000

    $1,611/mo

    Zestimate® history
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    What's special

    Charming country cottage with endless potential! This 2-bedroom, 1-bath home sits on over 3 acres of usable land, offering the perfect blend of privacy, convenience, and opportunity. Just minutes from town, you'll enjoy easy access to shopping, dining, and everyday amenities without the burden of city taxes. The property. features a detached concrete block garage, ideal for storage, a workshop, or hobby space. A traditional barn with a spacious hayloft provides additional versatility for agricultural use, equipment storage, or future projects. The fenced pasture makes this property well-suited for horses, livestock, or those seeking a small homestead lifestyle. Whether you're looking for a primary residence, rental property, mini-farm, or investment opportunity, this property offers plenty of possibilities. With acreage, outbuildings, and a convenient location, this is a rare chance to own a piece of the countryside while remaining close to everything you need.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Brown justin.brown@howardhannatate.com,

    Howard Hanna Beverly-Hanks Waynesville

    Bought with:

    Justin Brown

    Howard Hanna Beverly-Hanks Waynesville

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4397391MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Heating
    • Baseboard, Wood Stove
    Cooling
    • Ceiling Fan(s), Window Unit(s)
    Appliances
    • Included: Oven, Refrigerator, Washer/Dryer
    • Laundry: In Kitchen
    Features
    • Has basement: No
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 672
    • Total interior livable area: 672 sqft
    • Finished area above ground: 672
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Detached Garage
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Waterfront features: None
    Lot
    • Size: 3.05 Acres
    • Features: Pasture, Sloped
    Details
    • Additional structures: Barn(s), Other
    • Parcel number: 8604355699
    • Zoning: Residential
    • Special conditions: Real Estate Owned
    • Horse amenities: Barn, Pasture

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Aluminum
    • Foundation: Crawl Space
    • Roof: Aluminum
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Waynesville
    • Elevation: 2500 Feet

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $110,700
    • Annual tax amount: $823
    • Date on market: 6/24/2026
    • Listing terms: Cash
    • Exclusions: Wood Stove Heater
    • Electric utility on property: Yes
    • Road surface type: Gravel

    Price history

    DateEventPrice
    8/21/2026Sold$160,000+34.5%$238/sqft
    Source: Canopy MLS as distributed by MLS GRID #4397391 Report a problem
    3/21/2019Sold$119,000-4.8%$177/sqft
    Source: Canopy MLS as distributed by MLS GRID #3451135 Report a problem
    12/17/2018Pending sale$125,000$186/sqft
    Source: Beverly-Hanks Waynesville #3451135 Report a problem
    12/16/2018Listed for sale$125,000$186/sqft
    Source: Beverly-Hanks Waynesville #3451135 Report a problem
    11/16/2018Pending sale$125,000$186/sqft
    Source: Beverly-Hanks Waynesville #3451135 Report a problem
    11/11/2018Listed for sale$125,000$186/sqft
    Source: Beverly-Hanks Waynesville #3451135 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$823 $110,700
    2024$823 $110,700
    2023$823 +2.1%$110,700
    2022$807 $110,700
    2021$807 +14.1%$110,700 +28.3%
    2020$707 -0.7%$86,300
    2019$712 $86,300
    2018$712 -4.5%$86,300
    2017$746 +114.8%$86,300 -8.6%
    2016$347 $94,400
    2015$347 +6%$94,400
    2014$328 +4%$94,400 +15.3%
    2010$315 +3.2%$81,860
    2008$305 $81,860
    2007-- $81,860
    Find assessor info on the county website

    Neighborhood: 28786

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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.

    Sell for more on Zillow
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    $160,000
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    With Zillow Showcase(estimated)
    $163,200
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $160,000
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    +$3,200
    With Zillow Showcase(estimated)
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