156 Grayling Dr Cullowhee, NC 28723
Estimated payment $6,228/month
Highlights
- Water Views
- Sauna
- Deck
- Covered Dock
- Open Floorplan
- Farmhouse Style Home
About This Home
This luxurious modern farmhouse is perfectly situated above the tranquil Tuckasegee River, a fisherman’s dream stocked with trout and perfect for floating or kayaking directly from your backyard. The gently sloping, oversized lot offers one of the most desirable settings in the neighborhood, with a large grassy backyard, no flood damage during Hurricane Helene, and plenty of parking for family and guests. Inside, the home features a spacious open floor plan with beautiful river views from nearly every window. The main level includes a large living room that flows into an elegant kitchen and dining area with a half bath. From here, step onto one of two expansive Trex decks, ideal for lounging and entertaining while overlooking the river. The upper level serves as a true retreat, with a primary bedroom that opens into a spacious office with a sleek wet bar, a private Trex deck, and a spa-like bathroom with a soaking tub and tiled shower. The third floor includes two generous guest bedrooms, each with its own private full bathroom. A Redwood Outdoors 6-person barrel sauna, featuring a powerful 8kW Harvia WiFi-controlled heater and a full glass wall that looks out over the water, creating a private wellness experience. The home also offers a large covered front porch, an oversized two-car garage with an unfinished upstairs, and tasteful stone landscaping that ties everything beautifully into the upscale neighborhood. Built with 2x6 construction, the home includes industrial-grade LVP flooring throughout, with durable carpet on the stairs. The design blends premium craftsman style with modern farmhouse touches. It comes fully furnished (excluding a few select pieces) and includes high-end appliances such as a washer, dryer, and refrigerator. The kitchen features premium Miele appliances, including the oven, microwave, and dishwasher. Enjoy the benefits of natural gas, including a gas stove and a grill hookup. The property is also connected to high-speed fiber internet, making it ideal for remote work or streaming. Located just seconds from the Western Carolina University campus, this home offers both convenience and privacy. The community allows select short-term rentals, and this property is one of the few that qualifies. Other similar rentals in the neighborhood have a proven track record of profitability, while the remaining homes are owner-occupied family residences. This is a rare opportunity to own a premium riverfront home with unmatched views, luxurious features, and income potential!
Listing Agent
Howard Hanna Beverly-Hanks Waynesville Brokerage Email: Travis.Bouck@allentate.com License #343839 Listed on: 08/01/2025
Home Details
Home Type
- Single Family
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
- Architectural Shingle Roof
- Hardboard
Interior Spaces
- 3-Story Property
- Open Floorplan
- Gas Log Fireplace
- Insulated Windows
- Sliding Doors
- 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
- Soaking Tub
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 06/15/2020 06/15/20 | Pending | -- | -- | -- | |
| 11/20/2019 11/20/19 | For Sale | $140,000 | -- | $53 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $701,100 | New Conventional |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4287771
APN: 7559-71-6329
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