Investor alert! Immediate cash flow potential, just minutes from Western Carolina University. Affordable two-bedroom, one-bath rental opportunity with a proven rental history and strong demand from students, and residents. With a proven rental history already in place, this property is well-positioned to continue generating income from day one. The home features a durable metal roof approximately eight years old and a mini-split system installed in 2022, providing efficient heating and cooling while helping reduce future maintenance expenses. Strong rental demand, convenient location near campus, and local amenities make it an appealing option for long-term tenants. Properties at this price point near WCU are becoming increasingly difficult to find, making this an excellent opportunity for investors looking to expand their portfolio or enter the rental market. Unrestricted property, located in a high-demand area with flexible use potential. The well is shared with 10 other homes, so the property will not qualify for government-backed financing. Propane heater to be removed before closing. Sellers are licensed North Carolina Realtors.
For sale
Price increase: $14K (3/20)
$139,000
308 Searcy Mountain Rd, Cullowhee, NC 28723
2beds
--sqft
Est.:
Residential
Built in 1969
0.43 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 718 |
- 37 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 20, 2026 at 08:33am
Listed by:
-- Mossbarger Team,
Realty One Group Vibe
Source: Carolina Smokies MLS,MLS#: 26046660
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Second
- Area: 136.4
- Dimensions: 11 x 12.4
Bedroom 2
- Level: Second
- Area: 76.44
- Dimensions: 9.8 x 7.8
Kitchen
- Level: First
- Area: 64.17
- Dimensions: 6.9 x 9.3
Living room
- Level: First
- Area: 249.48
- Dimensions: 16.2 x 15.4
Heating
- Heat Pump, Mini-Split
Cooling
- Heat Pump, Ductless
Appliances
- Included: Other-See Remarks, Electric Water Heater
Features
- Ceiling Fan(s), Large Master Bedroom, Pantry
- Flooring: Luxury Vinyl Plank
- Doors: Doors-Insulated
- Windows: Insulated Windows
- Basement: None
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Living area range: < 800 Square Feet
Property
Parking
- Parking features: No Garage, None-Carport
Features
- Levels: Two
- Patio & porch: Deck
- Has view: Yes
- View description: Short Range View, View-Winter
Lot
- Size: 0.43 Acres
- Features: Hilly/Steep, Unrestricted
- Residential vegetation: Partially Wooded
Details
- Additional structures: Storage Building/Shed
- Parcel number: 7559399354
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well, See Remarks
- Utilities for property: Cell Service Available
Community & HOA
Location
- Region: Cullowhee
Financial & listing details
- Tax assessed value: $116,350
- Annual tax amount: $693
- Date on market: 3/20/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,283/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Price change | $139,000+11.2% |
Source: Carolina Smokies MLS #26046660 Report a problem | ||
| 10/9/2025 | Price change | $125,000-3.1% |
Source: Carolina Smokies MLS #26042032 Report a problem | ||
| 9/23/2025 | Price change | $129,000-7.2% |
Source: Carolina Smokies MLS #26042032 Report a problem | ||
| 9/10/2025 | Price change | $139,000-7.3% |
Source: Carolina Smokies MLS #26042032 Report a problem | ||
| 9/2/2025 | Price change | $149,900+67.5% |
Source: Carolina Smokies MLS #26042032 Report a problem | ||
| 8/1/2019 | Listing removed | $800 |
Source: All Pro Property Management Inc. Report a problem | ||
| 7/27/2019 | Listed for rent | $800 |
Source: All Pro Property Management Inc. Report a problem | ||
| 6/7/2012 | Listed for sale | $89,500-4.3% |
Source: Keller Williams Realty #50666 Report a problem | ||
| 3/23/2012 | Listing removed | $93,500 |
Source: Keller Williams Realty #43549 Report a problem | ||
| 7/8/2010 | Price change | $93,500-6.4% |
Source: Systems Engineering, Inc. #43549 Report a problem | ||
| 3/13/2010 | Price change | $99,900-8.3% |
Source: Systems Engineering, Inc. #43549 Report a problem | ||
| 3/18/2009 | Listed for sale | $108,900+55.6% |
Source: Systems Engineering, Inc. #43549 Report a problem | ||
| 5/12/2005 | Sold | $70,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $567 | $116,350 |
| 2023 | $567 | $116,350 |
| 2022 | $567 +9.9% | $116,350 |
| 2021 | $516 +62.5% | $116,350 +89.4% |
| 2020 | $317 | $61,420 |
| 2019 | $317 | $61,420 |
| 2018 | $317 | $61,420 |
| 2017 | $317 +2% | $61,420 |
| 2015 | $311 -10.8% | $61,420 -35% |
| 2011 | $349 | $94,560 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$760/mo
Principal & interest
$717
Property taxes
$43
More affordability tools
Climate risks
Neighborhood: 28723
Nearby schools
GreatSchools rating
- 2/10Cullowhee Valley SchoolGrades: PK-8Distance: 2.2 mi
- 7/10Jackson Co Early CollegeGrades: 9-12Distance: 2.2 mi
- 5/10Smoky Mountain HighGrades: 9-12Distance: 2.3 mi
Local experts in 28723
- North Carolina
- Jackson County
- Cullowhee
- 28723
- 308 Searcy Mountain Rd
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