507 Utah Mountain Road, Waynesville, NC 28785

• 3 beds |
• 3 baths |
• 1,536 sqft

Property 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.

Listing Status:

Active

Data Last Updated:

September 23, 2026 at 5:17PM

Listing Office:

McGovern Property Management, Inc. : 828-452-1519

MLS ID:

4416191

Interior

• General: Split BedroomWalk-In Closet(s)
• Appliances: DishwasherDryerElectric OvenElectric RangeMicrowaveRefrigeratorWasher
• Laundry: In UnitLaundry Room
• Basement: ApartmentExterior EntryFinishedWalk-Out Access
• Flooring: CarpetLaminateTile
• A/C: Ceiling Fan(s)
• Heating: BaseboardOther - See Remarks
• Fireplace: Gas LogLiving RoomPropaneOther - See RemarksFireplace

Exterior

• General: Storage
• Style: Cabin
• Other Structures: DeckCovered
• Parking: Driveway

Construction

• General: Site BuiltSlab

Location

• Road/Access: GravelPaved
• Originating MLS: carolina
• County: Haywood

Lot

• Zoning: 8607-69-8334
• View: Long RangeMountain(s)Year Round
• Fencing: Back Yard

Utilities

• Utilities: Electricity Connected
• Water: City
• Sewer: Septic Installed

Financial

• Source: carolina