Estimated payment $7,371/month
Total Views
32,022
3
Beds
3
Baths
5,886
Sq Ft
$220
Price per Sq Ft
Highlights
- Spa
- Mountain View
- Wooded Lot
- Riverbend Elementary Rated A-
- Private Lot
- No HOA
About This Home
Perched atop a ridgeline with panoramic mountain views, 514 Lab Mountain Trail is a private 36-acre sanctuary offering unmatched peace, beauty, and versatility. This custom-built mountain home features open-concept living, expansive outdoor decks, and stargazing under pristine night skies. Whether you envision a personal retreat, an income-producing short-term rental, or a full-scale wellness getaway, this property delivers. With no HOA and two additional build sites, the potential for a family compound, glamping sites, or a yoga retreat is limitless. Nature lovers will enjoy nearby trails like Waterrock Knob, Graveyard Fields, and Black Balsam along the iconic Art Loeb Trail. Adventure and tranquility meet here—just a short drive to charming downtown Waynesville. With cooler temps, rental flexibility, and endless opportunities, this is a rare chance to own your own slice of Western North Carolina paradise.
Listing Agent
The Agency - Charlotte Brokerage Email: shaun.collyer@theagencyre.com License #313760 Listed on: 07/31/2025
Co-Listing Agent
The Agency - Charlotte Brokerage Email: shaun.collyer@theagencyre.com License #324916
Home Details
Home Type
- Single Family
Year Built
- Built in 1998
Lot Details
- Fenced
- Private Lot
- Sloped Lot
- Wooded Lot
- Property is zoned R-7
Parking
- 3 Car Attached Garage
Home Design
- Architectural Shingle Roof
- Stone Siding
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1-Story Property
- Living Room with Fireplace
- Mountain Views
- Laundry Room
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 3 Full Bathrooms
Pool
- Spa
Schools
- Riverbend Elementary School
- Waynesville Middle School
- Tuscola High School
Utilities
- Central Air
- Heat Pump System
- Heating System Uses Propane
- Power Generator
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 8732-95-0767
Map
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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 | -- | $1,121,200 | $309,700 | $811,500 |
| 2024 | $7,335 | $1,121,200 | $309,700 | $811,500 |
| 2023 | $7,335 | $1,121,200 | $309,700 | $811,500 |
| 2022 | $5,843 | $909,400 | $167,300 | $742,100 |
| 2021 | $5,843 | $909,400 | $167,300 | $742,100 |
| 2020 | $5,105 | $732,800 | $167,300 | $565,500 |
| 2019 | $5,110 | $732,800 | $167,300 | $565,500 |
| 2018 | $5,110 | $732,800 | $167,300 | $565,500 |
| 2017 | $5,110 | $732,800 | $0 | $0 |
| 2016 | $4,864 | $716,300 | $0 | $0 |
| 2015 | $4,864 | $716,300 | $0 | $0 |
| 2014 | $4,614 | $716,300 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2025 12/10/25 | Price Changed | $1,294,000 | -0.4% | $220 / Sq Ft |
| 10/08/2025 10/08/25 | Price Changed | $1,299,000 | -3.8% | $221 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $1,350,000 | -- | $229 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $484,350 | New Conventional |
Source: Public Records
About the Listing Agent
In 2010, Shaun Collyer moved from Hilton Head Island to enjoy a cooler climate and embark on a new business venture in Asheville, North Carolina. Shaun lived for twelve years in the beautiful, family-centric, community of Biltmore Park. Since 2023, Shaun has lived in the natural setting of Biltmore Lake where he currently resides with his fiancé, Ashley, his two boys, Jackson and Maxwell, and their charismatic cavapoo, Harry.
Born and raised in a small Indiana town, Shaun's upbringing
Shaun's Other Listings
-
$1,025,000 Sold Jul 24, 2025
- 5 Beds
- 3 Baths
- 3,123 Sq Ft
- 403 French Partridge Ln
- Unit 254
- Biltmore Lake, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4279614
APN: 8732-95-0767
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