$398,000
 $2,076 est/mo Sourced by Back At You

507 Utah Mountain Road,Waynesville, NC 28785

Waynesville, NC 28785

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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.

Details

MLS #4416191
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1997
Days On Site51
Listing Provided ByMcGovern Property Management, Inc. | Bruce McGovern

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,536
BasementY
Story(s)3
ZoningNone
Acreage0.57
Property ViewLong Range, Mountain(s), Year Ro

Interior

CoolingCeiling Fan(s)
HeatingBaseboard, Other - See Remarks
Interior FeaturesSplit Bedroom, Walk-In Closet(s)
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer

Exterior

Exterior FeaturesStorage
Construction MaterialsVinyl
Foundation DetailsSlab
Lot FeaturesRolling Slope, Sloped, Views

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Utilities

UtilitiesElectricity Connected

Other

List AorCanopy Realtor Association

Taxes

Property205800

Area Information

StateNC
CountyHaywood
CityWaynesville
Zip Code28785
AreaHaywood
Community NameHorning
School DistrictTuscola
Elementary SchoolJunaluska
High SchoolTuscola
Listing VS Median (in Horning)
Price:
$398,000
low | high
Med:
$398,000
50% of Average
sqft:
1,536
low | high
Med:
1,536
50% of Average
$ / sqft:
$259
low | high
Med:
$259
50% of Average
On site:
51
low | high
Med:
51
100% of Average
Sourced by Back At You

Market Activity 28785

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 15, 2026 at 11:15:13 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyHaywood
CityWaynesville
Zip Code28785
AreaHaywood
Community NameHorning
School DistrictTuscola
Elementary SchoolJunaluska
High SchoolTuscola
Listing VS Median (in Horning)
Price:
$398,000
low | high
Med:
$398,000
50% of Average
sqft:
1,536
low | high
Med:
1,536
50% of Average
$ / sqft:
$259
low | high
Med:
$259
50% of Average
On site:
51
low | high
Med:
51
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 9:05:04 PM PDT