$2,495,000
$1M PRICE DROP

202 Emerald Ln Maggie Valley, NC 28751

Estimated payment $13,894/month

Total Views 26,841
4 Beds
8 Baths
8,834 Sq Ft
$282 Price per Sq Ft

Highlights

  • Guest House
  • Open Floorplan
  • Deck
  • Spa
  • Mountain View
  • Private Lot

About This Home

202 Emerald Lane stands as a testament to quality, where stunning views and luxury coalesce. At 3400’ in elevation, your sanctuary reflects the grandeur of the surrounding mountains, offering the uncommon combination of southern exposure and cool breezes. Accessed by two easy turns off a state-maintained road, it delivers casual living for two on the main level, and easily scales up for a few or numerous guests. The guest house offers a dramatic retreat within a retreat. The cost to reproduce greatly exceeds the list price (confirmed by recent appraisal). The luxury destination, Cataloochee Ranch awaits moments away. 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 nostalgia. Included is a .82 lot (well & septic installed), perfect for add'l home, pool, etc. Ideal for a wedding/event venue, luxury vacation rental, or even a spiritual refuge.

Listing Agent

Kyle Olinger

Walnut Cove Realty/Allen Tate/Beverly-Hanks Brokerage Email: kyle@walnutcoverealty.com License #193234 Listed on: 07/18/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Sloped Lot

Parking

  • 6 Car Garage
  • Driveway
  • Electric Gate

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Septic Tank

Community Details

  • Fie Top Woodlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7677-81-4540

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Transitional
  • Year Built: 2008
  • Second Living Quarters: Exterior Not Connected,Guest House,Separate Entrance,Separate Kitchen Facilities,Separate Utilities
  • Road Surface Type: Asphalt, Gravel
  • Unit Levels: Three
  • Ratio CurrentPrice/TotalPropertyHLA: 282.43
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: kyle@walnutcoverealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2741
  • Third Level Sq Ft: 301
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1694
  • Appliances: Dishwasher, Gas Cooktop
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 4736
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2069
  • Fireplace Features: Family Room, Living Room
  • Living Area: 8834
  • Bedroom Main: 1
  • Room Count: 5
  • Sq Ft Other: 2029
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Hot Tub, Outdoor Kitchen
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s)
  • Construction Type: Hard Stucco, Stone, Wood
  • Other Structures: Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 412
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Electric Gate, Attached Garage, Detached Garage

Utilities

  • Heating: Floor Furnace, Forced Air, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Inside, Main Level
  • Cooling: Central Air, Heat Pump
  • Utilities: Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Private, Sloped, Views
  • Lot Size Area: 2.94
  • Lot Size Units: Acres
  • Parcel Number: 7677-81-4540
  • Zoning: None
  • Horse Amenities: None
  • Additional Parcels Description: 7677-81-3239; 7677-81-3529; 7677-81-4680
  • Zoning Specification: None

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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 -- $1,093,800 $37,400 $1,056,400
2024 $7,209 $1,093,800 $37,400 $1,056,400
2023 $6,826 $1,093,800 $37,400 $1,056,400
2022 $6,826 $1,093,800 $37,400 $1,056,400
2021 $6,826 $1,093,800 $37,400 $1,056,400
2020 $5,563 $837,800 $23,400 $814,400
2019 $5,568 $837,800 $23,400 $814,400
2018 $5,568 $837,800 $23,400 $814,400
2017 $5,568 $837,800 $0 $0
2016 $6,476 $1,008,100 $0 $0
2015 $6,476 $1,008,100 $0 $0
2014 $6,154 $1,008,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $2,495,000 -10.7% $282 / Sq Ft
08/06/2025 08/06/25 Price Changed $2,795,000 -6.7% $316 / Sq Ft
06/17/2025 06/17/25 Price Changed $2,995,000 -11.8% $339 / Sq Ft
05/12/2025 05/12/25 Price Changed $3,395,000 0.0% $384 / Sq Ft
05/12/2025 05/12/25 For Sale $3,395,000 -2.9% $384 / Sq Ft
01/03/2025 01/03/25 Off Market $3,495,000 -- --
01/29/2024 01/29/24 Price Changed $3,495,000 -10.4% $396 / Sq Ft
07/18/2023 07/18/23 For Sale $3,900,000 -- $441 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $705,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $798,000 New Conventional
Closed $650,000 New Conventional
Previous Owner $913,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4047356

Canopy MLS (Canopy Realtor® Association)

APN: 7677-81-4540