$2,275,000
$2M PRICE DROP

202 Emerald Ln Maggie Valley, NC 28751

Estimated payment $13,171/month

Total Views 35,536
4 Beds
8 Baths
8,834 Sq Ft
$258 Price per Sq Ft

Highlights

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

About This Home

For those seeking a true mountain estate rather than simply a mountain home, 202 Emerald Lane offers one of the most distinctive ownership opportunities in Western North Carolina.

Situated at approximately 3,400 feet in elevation, this gated estate combines privacy, refreshing summer temperatures, effortless accessibility, and an impressive presence that is increasingly difficult to find in today's mountain market.

The estate features:

• 8,834± square feet of luxury living space
• Detached guest house with separate accommodations
• Beautifully maintained grounds and outdoor gathering spaces
• Gated entrance and estate privacy
• Furnishings package included
• No rental restrictions

Thoughtfully improved and maintained over many years, the property is offered substantially furnished and ready to enjoy from day one.

Unlike many mountain properties that require lengthy drives on steep or remote roads, 202 Emerald Lane offers remarkably convenient year-round access via state and county-maintained roads. Owners enjoy the privacy and elevation of mountain living while remaining just minutes from the shopping, dining, healthcare, and everyday conveniences of Waynesville.

Conveniently located near Cataloochee Ranch, Great Smoky Mountains National Park, Harrah's Cherokee, and Asheville, the estate delivers the mountain lifestyle buyers seek without sacrificing accessibility or ease of ownership.

For additional buyer confidence, the seller has completed extensive pre-sale diligence and is providing transferable 3-year home and stucco warranties, creating a level of transparency and peace of mind rarely found in estate properties of this scale.

Whether envisioned as a family retreat, executive escape, seasonal residence, or legacy property for future generations, 202 Emerald Lane represents a rare opportunity to acquire a fully furnished mountain estate designed for immediate enjoyment.

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

  • 2.12 Acre Lot
  • Private Lot
  • Sloped Lot
  • Additional Parcels

Parking

  • 6 Car Garage
  • Driveway
  • Electric Gate

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Stone Siding
  • Synthetic Stucco Exterior

Interior Spaces

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

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

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

  • No Home Owners Association
  • 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

2.12 Acres

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: 257.53
  • 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
  • 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
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

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

Garage/Parking

  • Main Level Garage YN: 0
  • 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
  • Association: No

Schools

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

Lot Info

  • Lot Features: Private, Sloped, Views
  • Lot Size Units: Acres
  • Parcel Number: 7677-81-4540
  • Zoning: None
  • Horse Amenities: None
  • Lot Size Acres: 2.12
  • Additional Parcels Description: 7677-81-3353
  • Additional Parcels: Yes
  • Zoning Specification: None

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,428 $1,093,800 $37,400 $1,056,400
2025 $7,428 $1,093,800 $37,400 $1,056,400
2024 $72 $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 Price Changed $2,275,000 -5.0% $258 / Sq Ft
06/23/2026 06/23/26 Price Changed $2,395,000 -1.6% $271 / Sq Ft
06/11/2026 06/11/26 Price Changed $2,435,000 -2.4% $276 / Sq Ft
03/09/2026 03/09/26 For Sale $2,495,000 0.0% $282 / Sq Ft
02/26/2026 02/26/26 Off Market $2,495,000 -- --
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

MLS Number: 4047356

Canopy MLS

APN: 7677-81-4540

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