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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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507 Utah Mountain Rd , Waynesville, NC 28785
$398,000
Est. Payment: $884.44/mo
3 Bed
3 Bath
1536 Sqft
Status: Active | Days on site: 1
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NCM98910 - bru22222h
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House Description

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.

Highlights

Listed by Bruce McGovern , 828-452-1519 McGovern Property Management, Inc. , 828-452-1519.

Property Type

Residential

Lot/Acreage
0.57

Year Built

1997

County

Haywood

Neighborhood

Horning

Listing ID

4416191

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Air Cond:Ceiling Fan(s)
Fireplaces:Gas Log,Living Room,Propane,Other - See Remarks
Floor:Carpet,Laminate,Tile
Above Ground Sq Ft:1536
Below Ground Sq Ft:0
Basement:Apartment,Exterior Entry,Finished,Walk-Out Access
Other:
  • Additional:Split Bedroom, Walk-In Closet(s), Has Fireplace, Master on Main
Water:City

Exterior Features

Lot:Rolling Slope,Sloped,Views
Zoning:None
Others:
  • Additional:Storage
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$884
Taxes
$254

Home Price

$398,000

Loan Details

30 yrs
%

Down Payment

20%
$79,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$884.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $884.44 $253.73 $0.00 $1,138.17
Yearly $10,613.33 $3,044.70 $0.00 $13,658.03
Total $318,400.00 $91,341.00 $0.00 $409,741.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Waynesville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.