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  • Price cut: $20K (2/2)
    $695,000

    1201 Cathey Cove Rd, Waynesville, NC 28786

    2beds
    1,200sqft
    : 
    Single Family Residence
    Built in 2004
    3.01 Acres Lot
    $668,700 Zestimate®
    $579/sqft
    $50/mo HOA

    What's special

    Room for a gardenTon of natural lightCustom interior woodworkingFinished laundry roomUtility roomSingle car garageStorage closets
    It feels like you can see the whole world from this stunning home. Mind blowing views of Mt. Pisgah and the Pigeon Valley. This home was lovingly built with attention to detail - from the custom interior woodworking, custom couch, sofa table and rock work on the outside of the home. Great Room features a wall of windows to enjoy the view and provides ton of natural light, a Hearthstone wood stove and a custom bookshelf with library ladder. Dining area and Kitchen are open to the Great Room. Kitchen with large island with 2 pull out drawers. Primary suite on main level. Solid 3 1/4" cherry wood floors throughout. Upper level has loft that could fit a sleeper or murphy bed, second primary bedroom and full bath with a steel tub. Lower level includes a finished laundry room, utility room, storage closets and single car garage. Garage has upgraded electrical outlet suitable for high power woodworking tools and electric vehicle. Hard wired Generac generator. 12x20 tractor shed. 3 acres of gorgeous property with cherry trees, pear tree, beech trees and blueberry bushes. Room for a garden. This home was perked for a 3 bedroom septic, so a 3rd bedroom could be added.
    109 days
    |
    1,378
    |
    34
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2026 at 11:35am

    Listing Provided by:

    Bruce McGovern mcgovernpropertymgt@gmail.com,

    McGovern Property Management, Inc.

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4330089MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Primary bedroom
      • Level: Upper
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Upper
      Dining room
      • Level: Main
      Great room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Lower
      Heating
      • Central, Propane
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Electric Oven, Electric Range, Refrigerator
      • Laundry: In Basement
      Features
      • Built-in Features, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s)
      • Flooring: Wood
      • Doors: Insulated Door(s)
      • Windows: Insulated Windows
      • Basement: Daylight,Exterior Entry,Finished,Interior Entry
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 1,200
      • Total interior livable area: 1,200 sqft
      • Finished area above ground: 1,200
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Basement, Shared Driveway
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Covered, Deck, Front Porch, Wrap Around
      • Has view: Yes
      • View description: Long Range, Mountain(s), Year Round
      Lot
      • Size: 3.01 Acres
      • Features: Cleared, Orchard(s), Private, Rolling Slope, Views
      Details
      • Additional structures: Shed(s)
      • Parcel number: 8635871868
      • Zoning: None
      • Special conditions: Standard
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Spring Valley
      HOA
      • Has HOA: Yes
      • HOA fee: $600 annually
      • HOA name: Bob Clark
      Location
      • Region: Waynesville
      • Elevation: 3000 Feet

      Financial & listing details

      • Price per square foot: $579/sqft
      • Tax assessed value: $279,200
      • Annual tax amount: $1,960
      • Date on market: 12/17/2025
      • Cumulative days on market: 109 days
      • Listing terms: Cash,Conventional
      • Road surface type: Gravel, Paved
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        Estimated market value

        $668,700

        $635,000 - $702,000

        $1,823/mo

        Price history

        Price history
        DateEventPrice
        2/2/2026Price change$695,000-2.8%$579/sqft
        Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem
        12/17/2025Listed for sale$715,000$596/sqft
        Source: Canopy MLS as distributed by MLS GRID #4330089 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$1,960 +1.4%$279,200
        2023$1,932 +2.2%$279,200
        2022$1,890 $279,200
        2021$1,890 +15.5%$279,200 +26.6%
        2020$1,636 -0.3%$220,500
        2019$1,641 +1.4%$220,500
        2018$1,619 $220,500
        2017$1,619 +1.5%$220,500 -1.3%
        2016$1,596 $223,300
        2015$1,596 +8.7%$223,300
        2014$1,468 +22.2%$223,300 +14.2%
        2010$1,202 +3.3%$195,480
        2008$1,164 $195,480
        2007-- $195,480

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,771/mo
        Principal & interest
        $3373
        Property taxes
        $348
        HOA Fees
        $50
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          Climate risks

          Neighborhood: 28786

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Bethal
          • Middle: Bethel
          • High: Pisgah

          Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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