$1,950,000
SOLD MAY 1, 2025

229 Lost Cove Rd Waynesville, NC 28785

2 Beds
2 Baths
1,687 Sq Ft
143.1 Acres

Recently Sold

$1,156 Per Sq Ft

2% Below List Price

0 Day on Market

Highlights

  • Water Views
  • Waterfall on Lot
  • Deck
  • Jonathan Valley Elementary School Rated 9+
  • Open Floorplan
  • Private Lot

About This Home

As of May 2025

High elevated 143+- acres w/rustic ranch-style two-bedroom, two-bath home with over 1,650 finished square feet, featuring custom finishes throughout. This magnificent home is perfectly placed between two roaring creeks that converge just off the expansive covered wraparound deck, where you'll find a bold outdoor fireplace creating a serene and inviting setting. Inside, the open floor plan boasts soaring vaulted ceilings, enhancing the spacious feel of the great room, which includes a stunning floor-to-ceiling stone fireplace. The dining area seamlessly connects to the custom kitchen, complete with an island breakfast bar, abundant cabinetry,and a large pantry for ample storage. The primary suite offers a cozy gas fireplace, a walk-in closet, and a luxurious bath featuring a stone walk-in shower. The second bedroom is equally inviting, and the home’s thoughtful design blends rustic charm with modern comfort. Enjoy breathtaking views, the sound of rushing water, and the beauty of nature.

Last Agent to Sell the Property

Brian K. Noland

Howard Hanna Beverly-Hanks Waynesville Brokerage Email: brian.noland@allentate.com License #263678 Listed on: 03/28/2025

Howard Hanna Beverly-Hanks Waynesville

Last Buyer's Agent

Thomas Mallette

Better Homes and Gardens Real Estate Heritage License #234136

Better Homes and Gardens Real Estate Heritage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Additional Parcels

Parking

  • 2 Car Garage
  • Attached Carport
  • Basement Garage
  • Workshop in Garage
  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Rustic Architecture
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

  • Exterior Basement Entry
  • Workshop

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Wrap Around Porch
  • Fireplace in Patio
  • Waterfall on Lot
  • Outdoor Fireplace

Schools

  • Jonathan Valley Elementary School
  • Waynesville Middle School
  • Tuscola High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7688-91-9310

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 2019
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 1155.90
  • Geocode Confidence: High
  • Attribution Contact: brian.noland@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Stone, Vinyl
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1687
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 840
  • Sq Ft Unheated Total: 840
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Oven, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 1687
  • Has Basement: Basement Garage Door, Basement Shop, Exterior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Outside, Porch, Wood Burning
  • Living Area: 1687
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Back Yard
  • View: Mountain(s), Water, Winter
  • Waterfront Features: None
  • Waterfront Elevation: 3500
  • Construction Type: Stone, Wood
  • Patio And Porch Features: Covered, Deck, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 840
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Attached Carport, Driveway, Garage Shop

Utilities

  • Heating: Forced Air, Propane
  • Sewer: Septic Installed
  • Laundry Features: Mud Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Creek Front, Level, Private, Sloped, Creek/Stream, Wooded, Views, Waterfall
  • Lot Size Area: 143.1
  • Lot Size Units: Acres
  • Parcel Number: 7688-91-9310
  • Additional Parcels Description: 7698-00-4373, 7687-99-9653
  • Additional Parcels: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Jonathan Valley
  • High School: Tuscola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 1, 2025
Sold by
Bagby Steven M and Bagby Donna M
Bought by
Cataloochee Ranch Properties Llc
Seller's Agent
Brian K. Noland
Howard Hanna Beverly-Hanks Waynesville
Buyer's Agent
Thomas Mallette
Better Homes and Gardens Real Estate Heritage
List Price
$2,000,000
Sold Price
$1,950,000
Premium/Discount to List
-$50,000
-2.5%
Views
3
Current Estimated Value
$1,502,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$448,000
Avg. Annual Appreciation
-43.30%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $1,950,000 Chicago Title
Warranty Deed $1,950,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $1,950,000 -2.5% $1,156 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $2,000,000 -- $1,186 / 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 -- $315,173 $31,773 $283,400
2024 $2,076 $309,273 $31,773 $277,500
2023 $2,076 $309,273 $31,773 $277,500
2022 $2,030 $309,273 $31,773 $277,500
2021 $2,030 $309,273 $31,773 $277,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4240309

Canopy MLS (Canopy Realtor® Association)

APN: 7688-91-9310