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Maggie Valley · Maggie Valley, NC

202 Emerald Lane

Maggie Valley, NC · 6,805 sqft

$2,275,000

Reduced from $3,900,000

  • 4Beds
  • 6.5Baths
  • 6,805SqFt
  • 2008Year
  • 962Days on market

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.

Property details

Beds
4
Baths
6.5
SqFt
6,805
Lot
Year built
2008
Type
Single Family
Days on market
962
Garage
6
Style
Traditional, Transitional
Heating
Floor Furnace, Forced Air, Heat Pump, Propane
Cooling
Central Air, Heat Pump
Foundation
Basement
Flooring
Carpet, Tile, Wood
View
Long Range, Mountain(s)

Features

  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Hot Tub
  • Outdoor Kitchen

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$16,459/ month

Principal & interest
$14,089
Property tax (~0.90%)
$1,706
Homeowners insurance
$663
HOA dues

Down payment

$113,750 down · $2,161,250 financed

Income to qualify (28% rule)

~$705,408 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.