507 Utah Mountain Road

 
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Bed: 3
Bath: 3
1/2 Bath: 0
Sq. Ft.: 1,536
Acreage: 0.57

Community: Waynesville in Haywood County

Bed: 3
Bath: 3
1/2 Bath: 0
Sq. Ft.: 1,536
Acreage: 0.57

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.

Presented by:
Bruce McGovern at McGovern Property Management, Inc.
Listed by:
McGovern Property Management, Inc.

Attribution: [email protected]
Original Listing Price: 398,000
MLS #: ‍4416191
Listing Status: Active
Days on Market: 7
Buying Firm Commission: Test

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Directions: Turn on Jonathan Creek (376N), go 2.1 miles to right on Utah Mountain Road. Go .5 mile to the property on the left.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

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Property Features

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Basement/Foundation: Slab
Water: City
Year Built: 1997
Style: Cabin
Subdivision: Horning
Exterior Features: Storage
Garage/Carport: Driveway
Cooling: Ceiling Fan(s)
Sewer: Septic Installed
Floors: Carpet,Laminate,Tile
Lot Description: Rolling Slope,Sloped,Views
Heating/Cooling: Baseboard,Other - See Remarks
Interior Features: Split Bedroom,Walk-In Closet(s)

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Schools

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  • High School: Tuscola
  • Middle School: Waynesville
  • Elementary School: Junaluska
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