202 Emerald Lane, Maggie Valley, NC
$2,495,000 · 4 bedrooms · 8 baths · 6,805 sq ft · built 2008
Listing courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks (Kyle Olinger). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
At 3,400’ in elevation, 202 Emerald Lane is a refined mountain estate offering stunning views, coveted southern exposure, natural cool breezes, and turnkey luxury. Accessed by just two gentle turns off a state-maintained road, the property combines easy arrival with true mountain privacy. The main level delivers elegantly comfortable single-level living, while the flexible layout easily accommodates gatherings of family and friends. A separate guest house provides a retreat within a retreat—ideal for extended family, visitors, home office use, or flexible living arrangements. The home is priced well below a recent independent, certified appraisal of the real property, presenting a compelling value relative to comparable mountain estates. Offered as a fully turnkey opportunity, the property includes a comprehensive furniture and amenity package, allowing immediate enjoyment and seamless transition for new ownership. For added peace of mind, the seller is providing a transferable 3-year total home warranty, including roof and stucco coverage. Importantly, the property has no rental restrictions, offering flexibility for personal use, investment, or mixed-use ownership. The luxury destination, Cataloochee Ranch, awaits moments away, as does Cataloochee Ski Resort. Spontaneously enjoy dining, shopping, hiking, biking, skiing, fishing, and Harrah’s Cherokee Casino (15 miles). Asheville is an easy drive, while Maggie Valley and Waynesville beckon with nearby nostalgia. Included in the offering is an additional 0.82-acre lot with well and two-bedroom septic installed, providing future flexibility for expansion, a pool, or even an additional residence.
Price in context
- Asking $367 per square foot.
- Highest asking price of 4 active $1.5M+ homes in Maggie Valley.
- Largest by living area of the 3 with a recorded size.
- Reduced $1,405,000 (36.0%) from the original $3,900,000 asking price.
- 828 days on the market, listed 2023-07-18.
- County tax assessment $1,160,600; the asking price is 2.15× the assessed value.
Location
Neighborhood: Fie Top Woodlands, Haywood County, ZIP 28751.
Features
- Style
- Traditional, Transitional
- Levels
- Three
- Construction
- Hard Stucco, Stone, Synthetic Stucco, Wood
- Roof
- Architectural Shingle
- Bathrooms
- 5 full, 3 half
- Basement
- Finished, Walk-Out Access
- Fireplace
- Yes
- Interior
- Kitchen Island, Open Floorplan, Pantry
- Flooring
- Carpet, Tile, Wood
- Kitchen & appliances
- Dishwasher, Gas Cooktop
- Heating
- Floor Furnace, Forced Air, Heat Pump, Propane
- Cooling
- Central Air, Heat Pump
- Garage
- 6 spaces
- Parking
- Driveway, Electric Gate, Attached Garage, Detached Garage
- Exterior
- Hot Tub, Outdoor Kitchen
- View
- Long Range, Mountain(s)
- Lot
- Private, Sloped, Views
- County
- Haywood
Comparable homes on the market
- 000 Fie Top Road, Maggie Valley — $2,200,000, 0.3 mi away
- 102 Iga Trail, Maggie Valley — $1,195,000, 3 bd, 2,592 sq ft, 3.6 mi away
- 85 Iga Trail, Maggie Valley — $1,395,000, 4 bd, 2,700 sq ft, 3.6 mi away
- 000 Larchwood Point, Hazelwood — $1,450,000, 5.5 mi away
- 78 Banker Drive, Waynesville — $1,275,000, 3 bd, 3,718 sq ft, 6.0 mi away
- 00 Queen Cove Road, Waynesville — $1,267,000, 6.4 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.