Under contract-no show

$160,000

691 Old Balsam Rd, Waynesville, NC 28786

2beds

672sqft

Single Family Residence

Built in 1945

3.05 Acres Lot

$-- Zestimate^®

$238/sqft

$-- HOA

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.

48 days

61

3

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

Foreclosure details

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/21/2019	Sold	$119,000-4.8%$177/sqft
Source: Canopy MLS as distributed by MLS GRID #3451135 Report a problem
12/17/2018	Pending sale	$125,000$186/sqft
Source: Beverly-Hanks Waynesville #3451135 Report a problem
12/16/2018	Listed for sale	$125,000$186/sqft
Source: Beverly-Hanks Waynesville #3451135 Report a problem
11/16/2018	Pending sale	$125,000$186/sqft
Source: Beverly-Hanks Waynesville #3451135 Report a problem
11/11/2018	Listed for sale	$125,000$186/sqft
Source: Beverly-Hanks Waynesville #3451135 Report a problem

Public tax history

Year	Property taxes	Tax 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

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 28786

Getting around

9 / 100

Car-Dependent

3 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
Hazelwood Elementary
Grades: PK-5Distance: 1.4 mi
4/10
Waynesville Middle
Grades: 6-8Distance: 2.3 mi
7/10
Tuscola High
Grades: 9-12Distance: 5.9 mi

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.