202 Emerald Lane stands as a testament to quality, where stunning views and luxury coalesce. At 3400’ in elevation, your sanctuary reflects the grandeur of the surrounding mountains, offering the uncommon combination of southern exposure and cool breezes. Accessed by two easy turns off a state-maintained road, it delivers casual living for two on the main level, and easily scales up for a few or numerous guests. The guest house offers a dramatic retreat within a retreat. The cost to reproduce this home greatly exceeds the list price (confirmed by recent insurance estimate). The luxury destination, Cataloochee Ranch awaits moments away. Spontaneously enjoy dining, shopping, hiking, biking, skiing, fishing, and Harrah’s Cherokee Casino (15 miles). Asheville is an easy drive, while Maggie Valley and Waynesville beckon with nostalgia. Included is a .82 lot with well installed, + 2 BR septic permit on file. Perfect for add'l home, pool, etc. Ideal for a wedding/event venue, luxury vacation rental, or even a spiritual refuge.
Active
$2,495,000
202 Emerald Ln, Maggie Valley, NC 28751
4beds
8,834sqft
Est.:
Single Family Residence
Built in 2008
2.94 Acres Lot
$-- Zestimate®
$282/sqft
$-- HOA
What's special
Cool breezesStunning viewsSouthern exposure
- 877 days |
- 1,475 |
- 92 |
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 11:24am
Listing Provided by:
Kyle Olinger kyle@walnutcoverealty.com,
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4047356
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 8
- Full bathrooms: 5
- 1/2 bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Garden Tub, Tray Ceiling(s)
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Basement
Bedroom s
- Level: 2nd Living Quarters
Living room
- Features: Ceiling Fan(s), Open Floorplan
- Level: Main
Heating
- Floor Furnace, Forced Air, Heat Pump, Propane
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Gas Cooktop
- Laundry: Inside, Main Level
Features
- Kitchen Island, Open Floorplan, Pantry, Total Primary Heated Living Area: 6805
- Flooring: Carpet, Tile, Wood
- Basement: Finished,Walk-Out Access
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 4,435
- Total interior livable area: 8,834 sqft
- Finished area above ground: 4,736
- Finished area below ground: 2,069
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Attached Garage, Detached Garage
- Attached garage spaces: 6
- Has uncovered spaces: Yes
- Details: There is a separate guest house with a 4+ car garage. See notes.
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Outdoor Kitchen
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Long Range, Mountain(s)
Lot
- Size: 2.94 Acres
- Features: Private, Sloped, Views
Details
- Additional structures: Other
- Additional parcels included: 7677-81-3239; 7677-81-3529; 7677-81-4680
- Parcel number: 7677814540
- Zoning: None
- Special conditions: Standard
- Other equipment: Fuel Tank(s)
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Transitional
- Property subtype: Single Family Residence
Materials
- Stucco, Stone, Wood
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Electricity Connected, Propane
Community & HOA
Community
- Subdivision: FIE TOP WOODLANDS
Location
- Region: Maggie Valley
Financial & listing details
- Price per square foot: $282/sqft
- Tax assessed value: $1,160,600
- Annual tax amount: $7,209
- Date on market: 7/18/2023
- Cumulative days on market: 748 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$4,243/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Price change | $2,495,000-10.7%$282/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4047356 Report a problem | ||
| 8/6/2025 | Price change | $2,795,000-6.7%$316/sqft |
Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem | ||
| 6/17/2025 | Price change | $2,995,000-11.8%$339/sqft |
Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem | ||
| 5/12/2025 | Listed for sale | $3,395,000-2.9%$384/sqft |
Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem | ||
| 9/3/2024 | Listing removed | $3,495,000$396/sqft |
Source: Canopy MLS as distributed by MLS GRID #4047356 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,209 | $1,093,800 |
| 2023 | $7,209 +5.6% | $1,093,800 |
| 2022 | $6,826 | $1,093,800 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,541/mo
Principal & interest
$12420
Property taxes
$1248
Home insurance
$873
Climate risks
Neighborhood: 28751
Nearby schools
GreatSchools rating
- 9/10Jonathan Valley ElementaryGrades: PK-5Distance: 4.3 mi
- 4/10Waynesville MiddleGrades: 6-8Distance: 6.7 mi
- 7/10Tuscola HighGrades: 9-12Distance: 8.7 mi
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