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$685,000

Beds
3
Baths
3.0
sq ft
2,069

355 Palmer Road, Waynesville, NC 28786

355 Palmer Road

Waynesville, NC 28786

  • Coming soon
Located in an especially pastoral area of Waynesville, this extremely well-maintained custom-quality log home blends rustic appeal with modern updates. The main level features a dramatically vaulted two-story great room and wraparound covered decks to soak in year-round mtn views. Newly updated items include: all appliances, roofs, HVAC, H2O heater, lighting, and staining/sealing of the exterior. The primary bedroom adjoins a loft office that overlooks the light-filled room below. The lower level enjoys a den w/kitchenette and another bed/bath. With its exterior entrance, this level is well-suited for either multi-generational living or as a rental unit. Above the detached garage(and its great workshop potential), a studio apartment provides more space for guests(successful STR history). Set on a flat parcel with a publicly maintained paved road and no HOA restrictions, this property is a serene retreat in a prime location, a mere six minute drive to Waynesville’s charming Main Street.

Details

Property type

Single Family Residence

Est. home value

$454,550

Lot size

Unknown

Price per sq ft

$332

Year built

2002

Price History

12/21/2020
CanopyMLS

CanopyMLS #3642562

Sold
$335,000

Schools & Community

Elementary school: 

Junaluska

Middle school: 

Waynesville

High school: 

Tuscola

Negotiation Insights

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

Seller could get up to

$357,014
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$273,186
Cash to seller
$357,014

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

December 2020

Original loan amount

$301,500

Est. remaining balance

$273,186

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Andrew T Gillis and Kathryn M Gillis

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?

Status: Coming Soon

Tomo last checked: 03/12/2025 at 1:35 PM

Listing updated: 03/12/2025 at 10:30 AM

Listed by: Darrin Graves, Allen Tate/Beverly-Hanks Waynesville Phone #: (828) 452-5809

MLS: CanopyMLS #4232211

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