$1,125,000
$75K PRICE DROP

156 Grayling Dr Cullowhee, NC 28723

Estimated payment $6,434/month

Total Views 2,998
4 Beds
3.5 Baths
2,590 Sq Ft
$434 Price per Sq Ft

Highlights

  • Water Views
  • Sauna
  • Deck
  • Covered Dock
  • Open Floorplan
  • Farmhouse Style Home

About This Home

New Price Improvement! This luxurious fully furnished modern farm home is perfectly perched above the tranquil Tuckasegee River. The gently sloping lot provides easy access to your private riverside escape and features ample parking for your family and guests. The main floor boasts a spacious open floor plan with a large living room that flows into your elegant kitchen, dining room and half bath. The second floor is currently set up as the perfect marriage of function and relaxation. Your primary bedroom flows into a spacious office with a wet bar, an oversized deck and a massive primary bathroom that feels like a spa! The third floor is highlighted by two larger guest rooms with their own private ensuites. The exterior offers a large covered front porch, an oversized two-car garage with an unfinished upstairs, A Redwood Outdoors 6-person barrel sauna, and tasteful stone landscaping that ties everything beautifully into the upscale neighborhood. STR allowed, no flood damage from Helene.

Listing Agent

Travis Bouck

Allen Tate/Beverly-Hanks Waynesville Brokerage Email: Travis.Bouck@allentate.com License #343839 Listed on: 08/01/2025

Allen Tate/Beverly-Hanks Waynesville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 2022

Lot Details

  • Lot Has A Rolling Slope

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • 4 Open Parking Spaces

Property Views

  • Water
  • Mountain

Home Design

  • Farmhouse Style Home
  • Modern Architecture
  • Hardboard

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Insulated Windows
  • Living Room with Fireplace
  • Sauna
  • Crawl Space

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer

Outdoor Features

  • Waterfront has a Concrete Retaining Wall
  • Covered Dock
  • Balcony
  • Deck
  • Fire Pit
  • Front Porch

Schools

  • Cullowhee Valley Elementary And Middle School
  • Smoky Mountain High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Crc/Ipm Community Association Inc Association, Phone Number (828) 650-6875
  • Cullowhee River Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7559-71-6329

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,918

Year Built

Built in 2022

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Modern
  • Year Built: 2022
  • Restrictions: Architectural Review,Deed,Manufactured Home Not Allowed,Short Term Rental Allowed,Subdivision
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Three
  • Ratio CurrentPrice/TotalPropertyHLA: 434.36
  • Geocode Confidence: High
  • Attribution Contact: Travis.Bouck@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Sauna, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 884
  • Third Level Sq Ft: 805
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 901
  • Appliances: Dishwasher, Dryer, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 2590
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace Features: Gas, Gas Log, Living Room
  • Living Area: 2590
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 1
  • Bedroom Third: 2

Exterior Features

  • Exterior Features: Fire Pit, Sauna
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s), Water, Year Round
  • Water Body Name: Tuckasegee River
  • Waterfront Features: Covered structure, Retaining Wall
  • Exclusions: Living Room - China Cabinet, Dining Room - Buffett Table, Garage - Weight Rack
  • Waterfront Elevation: 2000
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Balcony, Deck, Front Porch, Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Detached Garage, Garage Shop, Parking Space(s)

Utilities

  • Heating: Heat Pump, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Heat Pump, Zoned
  • Utilities: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Association Name: CRC/IPM Community Association Inc
  • Phone: 828-650-6875
  • Association Email: info@ipmhoa.com

Association/Amenities

  • Association Annual Expense: 1300.00

Schools

  • Middle Or Junior School: Cullowhee Valley
  • HOA Subject To: Required

Lot Info

  • Lot Features: Flood Plain/Bottom Land, River Front, Rolling Slope, Sloped, Views
  • Lot Size Area: 0.31
  • Lot Size Units: Acres
  • Parcel Number: 7559-71-6329
  • Additional Parcels: No
  • Zoning Specification: None

MLS Schools

  • Elementary School: Cullowhee Valley
  • High School: Smoky Mountain

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,918 $767,906 $150,000 $617,906
2024 $2,462 $647,830 $180,000 $467,830
2023 $2,587 $647,830 $180,000 $467,830
2022 $2,475 $618,290 $180,000 $438,290
2021 $1,444 $380,040 $180,000 $200,040
2020 $749 $175,000 $175,000 $0
2019 $665 $175,000 $175,000 $0
2018 $665 $175,000 $175,000 $0
2017 $0 $100,000 $100,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $1,125,000 -4.3% $434 / Sq Ft
08/12/2025 08/12/25 Price Changed $1,175,000 -2.1% $454 / Sq Ft
08/01/2025 08/01/25 For Sale $1,200,000 +757.1% $463 / Sq Ft
07/15/2020 07/15/20 Sold $140,000 0.0% $53 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $140,000 -- $53 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $708,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $140,000 None Available
Warranty Deed -- --
Warranty Deed $175,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $701,100 New Conventional
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4287771

Canopy MLS (Canopy Realtor® Association)

APN: 7559-71-6329