Sold

$735,000

87 Penland Point Dr, Hayesville, NC 28904

3beds

--sqft

Residential

Built in 1940

2 Acres Lot

$935,800 Zestimate^®

$--/sqft

$2,016 Estimated rent

Home value

$935,800

$814,000 - $1.08M

$2,016/mo

Zestimate^® history

Owner options

List your home for rent

$2,016/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,016/mo

Rent Zestimate^®

Refinance and save

$4,192/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,192/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Old hiawassee roadBig primary suiteDeep baseboardsNew tva dock permitOriginal doorsDouble covered slip

AMAZING OPPORTUNITY FOR ROI + a glimpse of history on the shores of Lake Chatuge! Original section of the home is listed as a 1940 build however it was moved for the creation of Chatuge so actual build date is uncertain! Owners in '85 did a major addition adding a foyer, large living room with fireplace, big primary suite & storage then connected the old to the new! The '40s' floors gleam under deep baseboards, original doors, hardware & trim. The kitchen was updated at some point, baths are reflective of the times with pastel glazed tile, all in great condition! The 2-acre property extends under the lake to the old Hiawassee Road & sellers have a new TVA dock permit for a double covered slip so, no waiting! Perfect fit for that buyer with vision & the wherewithal to renovate a wonderful old farmhouse ON THE LAKE with FABULOUS views!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
Partial bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Living Room, Dining Room, Kitchen, Laundry, Bonus Room, See Remarks

Primary bedroom

Level: Main

Heating

Baseboard, See Remarks

Cooling

Window Unit(s)

Appliances

Included: Refrigerator, Range, Microwave, Dishwasher, Washer, Dryer
Laundry: Main Level, Laundry Room

Features

Pantry, Sheetrock, Entrance Foyer
Flooring: Wood, Carpet, Vinyl
Basement: Crawl Space,Slab
Number of fireplaces: 3
Fireplace features: Vented

Interior area

Total structure area: 0

Property

Parking

Parking features: Driveway, Gravel
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Front Porch, Deck, Screened
Exterior features: Garden
Fencing: Fenced
Has view: Yes
View description: Mountain(s), Year Round, Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake Front
Body of water: Chatuge
Frontage type: Lakefront

Lot

Size: 2 Acres
Topography: Level

Details

Additional structures: Workshop
Parcel number: 547902957558

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch,See Remarks
Property subtype: Residential

Materials

Frame, See Remarks, Other, Brick
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1940

Utilities & green energy

Sewer: Septic Tank, See Remarks
Water: Well, See Remarks

Community & HOA

Community

Features: Lake Access

Location

Region: Hayesville

Financial & listing details

Tax assessed value: $579,200
Annual tax amount: $2,664
Date on market: 7/9/2023
Road surface type: Gravel

Price history

Date	Event	Price
11/13/2023	Sold	$735,000-8%
Source: NGBOR #326531 Report a problem
10/14/2023	Pending sale	$799,000
Source: NGBOR #326531 Report a problem
8/27/2023	Price change	$799,000-4.6%
Source: NGBOR #326531 Report a problem
7/10/2023	Listed for sale	$837,400-41.6%
Source: NGBOR #326531 Report a problem
6/2/2023	Sold	$1,434,500-15.6%
Source: NGBOR #317340 Report a problem
1/3/2023	Pending sale	$1,700,000
Source: GAMLS #20049626 Report a problem
6/14/2022	Listed for sale	$1,700,000-15%
Source: NGBOR #317340 Report a problem
8/1/2021	Listing removed	--
Source: NGBOR #280579 Report a problem
7/30/2018	Listed for sale	$2,000,000
Source: MARY HEDDEN PROPERTIES #280579 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,664	$579,200
2023	$2,664	$579,200
2022	$2,664	$579,200
2021	$2,664	$579,200
2020	$2,664	$579,200
2019	$2,664	$579,200
2018	--	$579,200 -9.5%
2016	--	$640,323
2015	--	$640,323
2014	--	$640,323