$525,000
SOLD JUL 7, 2025

224 Love Ln Waynesville, NC 28786

7 Beds
9 Baths
5,215 Sq Ft
0.81 Acres

Recently Sold

$101 Per Sq Ft

25% Below List Price

70 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Wrap Around Porch
  • Colonial Architecture
  • Finished Attic
  • Gazebo

About This Home

As of July 2025

BACK ON THE MARKET! INCREDIBLE HOME/B&B IN WAYNESVILLE! Back on the market, buyer unable to obtain financing. This is your chance to own an icon on the Natl Historic Registry. Built in 1898 with the finest virgin hardwood, this home has over 5,500 SF & is currently zoned commercial. It's been a Bed & Breakfast with an occupancy rate above the natl. avg & listed WELL BELOW tax value & recent appraisal. This home has 7 B, 8.5 Ba, wrap-around porch & gazebo with long-range mountain & downtown views. Interior has 8 FPs, 10' ceilings, wood floors, transom windows, large kitchen, office & so much more. Situated on .8+/- ac this exquisite home also features a fire pit, waterfall & brick storage building. New roof installed in 2023. Just minutes from Asheville, Cherokee & the Blue Ridge Pkwy. Whether you desire a single family home, or wish to add a profitable commercial property to your investment portfolio, don't pass this one up. It's incredible.

Last Agent to Sell the Property

Thomas Peacock

Mossy Oak Properties Carolina Timber & Realty Brokerage Email: tpeacock@mossyoakproperties.com License #201861 Listed on: 01/09/2025

Last Buyer's Agent

Thomas Peacock

Mossy Oak Properties Carolina Timber & Realty Brokerage Email: tpeacock@mossyoakproperties.com License #201861 Listed on: 01/09/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1898

Lot Details

  • Fenced Front Yard
  • Wood Fence
  • Level Lot
  • Property is zoned LL-ND

Property Views

  • City
  • Mountain

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2.5-Story Property
  • Built-In Features
  • Fireplace
  • Window Treatments
  • Window Screens
  • Entrance Foyer

Kitchen

  • Double Oven
  • Electric Oven
  • Induction Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Permanent Attic Stairs
  • Finished Attic

Unfinished Basement

  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Wrap Around Porch
  • Fire Pit
  • Gazebo
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 8615-29-1749

Home Details

Home Type

Single Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Victorian
  • Year Built: 1898
  • Restrictions: Historical,Short Term Rental Allowed
  • Road Surface Type: Gravel
  • Unit Levels: Two and a Half
  • Ratio CurrentPrice/TotalPropertyHLA: 100.67
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: tpeacock@mossyoakproperties.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, None
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Finished, Attic Stairs Fixed, Attic Walk In, Built-in Features, Entrance Foyer, Garden Tub, Kitchen Island, Pantry, Storage, Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2489
  • Third Level Sq Ft: 1004
  • Sq Ft Unheated Main: 131
  • Sq Ft Unheated Total: 337
  • Sq Ft Unheated Upper: 206
  • Sq Ft Upper: 1722
  • Appliances: Dishwasher, Double Oven, Dryer, Electric Cooktop, Electric Oven, Electric Range, Freezer, Induction Cooktop, Microwave, Refrigerator, Washer, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 5215
  • Has Basement: Exterior Entry, Sump Pump, Unfinished
  • Basement YN: No
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: Screen Door(s)
  • Fireplace Features: Electric, Gas
  • Living Area: 5215
  • Window Features: Window Treatments
  • Bedroom Main: 2
  • Room Count: 2
  • Bedroom Basement: 0
  • Bedroom Third: 1

Exterior Features

  • Exterior Features: Fire Pit, Storage
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Front Yard, Wood
  • View: City, Long Range, Mountain(s), Year Round
  • Waterfront Features: None
  • Waterfront Elevation: 2500
  • Construction Type: Wood
  • Other Structures: Gazebo, Outbuilding
  • Patio And Porch Features: Covered, Front Porch, Porch, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air, Propane
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Utility Room, Inside, Main Level
  • Cooling: Central Air, Wall Unit(s), Window Unit(s)
  • Utilities: Electricity Connected, Propane
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Rolling Slope, Views, Waterfall - Artificial
  • Lot Size Area: 0.81
  • Lot Size Units: Acres
  • Parcel Number: 8615-29-1749
  • Land Included Yn: 1
  • Horse Amenities: None
  • Zoning Specification: LL-ND

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
May 30, 2025
Sold by
Trupoint Bank
Bought by
Sean Schuur Revocable Trust and Schuur
Seller's Agent
Thomas Peacock
Mossy Oak Properties Carolina Timber & Realty
Buyer's Agent
Thomas Peacock
Mossy Oak Properties Carolina Timber & Realty
List Price
$700,000
Sold Price
$525,000
Premium/Discount to List
-$175,000
-25%
Views
62

Purchase Details

Closed on
Nov 20, 2024
Sold by
Boyd William Richard
Bought by
Trupoint Bank

Purchase Details

Closed on
Mar 14, 2019
Sold by
Tdb Love Lane Property Llc
Bought by
Kitzis Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 13, 2014
Closed on
Mar 2, 2016
Sold by
Isenberg Sheldon and Isenberg Deborah
Bought by
Tdb Love Lane Property Llc
Seller's Agent
Team Breese- Ron & Landen
Buyer's Agent
Team Breese- Ron & Landen
List Price
$849,500
Sold Price
$810,000
Premium/Discount to List
-$39,500
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2007
Sold by
Brock Edson and Brock Kendra
Bought by
Isenberg Sheldon and Isenberg Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
4.3%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 None Listed On Document
Warranty Deed $525,000 None Listed On Document
Trustee Deed $695,000 None Listed On Document
Warranty Deed $769,000 None Available
Warranty Deed $810,000 Attorney
Warranty Deed $710,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $22,500 Commercial
Previous Owner $725,000 Commercial
Previous Owner $600,000 Commercial
Previous Owner $568,000 Commercial
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $525,000 -19.2% $101 / Sq Ft
03/10/2025 03/10/25 Price Changed $650,000 -7.1% $125 / Sq Ft
01/09/2025 01/09/25 For Sale $700,000 -13.6% $134 / Sq Ft
03/02/2016 03/02/16 Sold $810,000 -4.6% $135 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
07/13/2014 07/13/14 For Sale $849,500 -- $141 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

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 -- $1,090,300 $91,100 $999,200
2024 $2,998 $1,090,300 $91,100 $999,200
2023 $2,917 $1,090,300 $91,100 $999,200
2022 $2,917 $1,090,300 $91,100 $999,200
2021 $2,917 $1,090,300 $91,100 $999,200
2020 $2,211 $755,800 $72,900 $682,900
2019 $2,192 $749,500 $72,900 $676,600
2018 $2,192 $749,500 $72,900 $676,600
2017 $2,192 $749,500 $0 $0
2016 $1,665 $588,400 $0 $0
2015 $1,665 $588,400 $0 $0
2014 $1,593 $588,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4212412

Canopy MLS (Canopy Realtor® Association)

APN: 8615-29-1749