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Maggie Valley · Maggie Valley, NC

7 Higel Lane

Maggie Valley, NC · 3,369 sqft

$849,000

Reduced from $869,000

  • 4Beds
  • 3Baths
  • 3,369SqFt
  • 2003Year
  • 62Days on market

About this home

Here it is folks! A turnkey property for sure! This wonderful opportunity to invest in a high-end property with an extreme amount of prospect at a great price point! This home includes a totally self-contained mother-in-law quarters on the lower level. Currently being used as an additional income source for short term vacation rental and has been used as long term as well. Current revenue ranges from $25-$30k annually. An asset for teens, Mom & Dad or just guests that may need their own special space! Intentionally created with these investment opportunities and comfort in mind. The home includes 2 additional platted lots that can be sold or built upon at any time. City water and sewer are already plumbed to the meter boxes! This Grand home is offered at a deflated price due to the sag in the current market and the owner's need to relocate. The perfect opportunity awaits!

This awesome home would be best described as modern/contemporary with a mountain flare! As you enter the main level, you are greeted with marble, quartz, leather granite countertops throughout upstairs in the kitchen, bathrooms, and laundry all with custom cabinetry and 9 foot ceilings. The upstairs offers 3 bedrooms, 2 full baths, 7 closets, a quaint office space, living room, dining area, open kitchen, and a custom laundry room! The high ceilings help expand the overall open feel of the home. It has been completely renovated over a several-year period, finishing last year. The expanded lighting both inside and out is over the top! Included in the remodel on the lower level, a 2nd full kitchen and laundry were added. With living and dining rooms and now boasting the full kitchen, a primary bedroom, with a bonus room (currently used as a 5th bedroom) a full bath, 3 walk-in closets and an indoor sauna makes for a wonderful apartment! Private entries on all levels with interior stairwell for additional access. There are 2 garage spaces with work benches throughout and brand new contemporary garage doors.

This home offers the best of several situations including beautiful year-round mountain views with elk as frequent visitors to marvel at! There are split driveways giving one step entries on each level. You will find expansive deck spaces on both levels for outdoor entertainment, relaxing or just a dip in the 6 foot Jacuzzi. The breathtaking views can be enjoyed from three of the four decks and a 'crow's nest' in the back to simply relax, read, or enjoy your private outdoor space in the trees!

Maggie Valley is a very nice small mountain town surrounded by the lush Smokey Mountains with many restaurants, shops, amenities, waterfalls, and a short drive to Asheville, Cherokee, Biltmore Estate, The Blue Ridge Parkway, and other area attractions.The property is situated in the heart of the town with easy road access to the main boulevard. You are in the mountains with a great view yet you can easily walk to town! There is just too much to mention, so just come to see for yourself! It is definitely a MUST SEE PROPERTY!

Property details

Beds
4
Baths
3
SqFt
3,369
Lot
Year built
2003
Type
Single Family
Days on market
62
Garage
2
Heating
Central, Heat Pump
Cooling
Central Air
Foundation
Slab
View
Long Range, Mountain(s), Year Round

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$6,142/ month

Principal & interest
$5,258
Property tax (~0.90%)
$636
Homeowners insurance
$247
HOA dues

Down payment

$42,450 down · $806,550 financed

Income to qualify (28% rule)

~$263,249 / 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.