tomo logo

$895,500

Beds
3
Baths
5.5
sq ft
5,204

1280 Cathey Cove Road, Waynesville, NC 28786

1280 Cathey Cove Road

Waynesville, NC 28786

  • 158 days on market
    • Price drop $44,000↓
Set in the Blue Ridge Mountains, this sanctuary offers an escape where daily hustle melts away & nature’s magic surrounds you. With abundant natural light & captivating long-range views, this retreat provides peace & tranquility as a way of life. Minutes from Canton & the serene Pigeon River, a short drive to Waynesville, AVL & the AVL airport, this home is a gateway to both adventure & relaxation. The main level features a chef’s kitchen with a double oven, gas range & island with bar seating, complemented by a spacious walk-in pantry, dining area & a primary bedroom with an ensuite. The second living area offers privacy with its own bedroom, ensuite & cozy kitchen & dining spaces. The lower level reveals an infrared sauna, two bonus rooms & a versatile game room. The veranda with a hot tub invites an outdoor unwind. With green space & a two-car garage, this active turnkey vacation rental can accommodate dual rental spaces, blending comfort, convenience & natural beauty.

Details

Property type

Single Family Residence

Est. home value

$963,355

Lot size

Unknown

Price per sq ft

$173

Year built

2005

Monthly HOA fee

$45

Price History

07/09/2024
CanopyMLS

CanopyMLS #4120863

Price change
$895,500
-4.68%
06/13/2024
CanopyMLS

CanopyMLS #4120863

Price change
$939,500
-1.05%
05/06/2024
CanopyMLS

CanopyMLS #4120863

Price change
$949,500
-4.57%

Schools & Community

Elementary school: 

Bethel

Middle school: 

Bethel

High school: 

Pisgah

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$539,000

Est. remaining balance

Not provided

Interest rate

2.25%

Loan type

New Conventional, 30 year

Seller

Allyn M Elkin and Ebnjamin A Elkin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 6:40 PM

Listing updated: 09/13/2024 at 4:34 PM

Listed by: Kelsey Varga, COMPASS Phone #: (704) 234-7880

MLS: CanopyMLS #4120863

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