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Listing provided courtesy of Walnut Cove Realty/Allen Tate/Beverly-HanksMLS# 4047356MLS ProviderContact Information: [email protected]
  • 972 days on site
  • 3 views

202 Emerald Lane has been repositioned in the market to present, arguably, one of the most compelling turnkey estates in Western North Carolina. All inspections have been completed, warranties are in place, and the property delivers a clean, low-friction path to closing. Seller is committed to a straightforward transaction and prepared to move quickly with a qualified buyer. At 3,400’ in elevation, 202 Emerald Lane is a refined mountain estate offering stunning views, coveted southern exposure, natural cool breezes, and fully furnished luxury. Accessed by just two gentle turns off a state-maintained road, the property combines easy arrival with true mountain privacy. The main level delivers elegantly comfortable single-level living, while the flexible layout easily accommodates gatherings of family and friends. A separate guest house provides a retreat within a retreat—ideal for extended family, visitors, home office use, or flexible living arrangements. The home is priced substantially below a recent independent, certified appraisal of the real property, making its value proposition as attractive as its elegance. The property includes a comprehensive furniture and amenity package, allowing immediate enjoyment and seamless transition for new ownership. For added peace of mind, the seller is providing a transferable 3-year total home warranty, including roof and stucco coverage. Importantly, the property has no rental restrictions, offering flexibility for personal use, investment, or mixed-use ownership. The luxury destination, Cataloochee Ranch, awaits moments away, as does Cataloochee Ski Resort. 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 nearby nostalgia. Included in the offering is an additional 0.82-acre lot with well and two-bedroom septic installed, providing future flexibility for expansion, a pool, or even an additional residence.

Source: Canopy MLS, MLS#: 4047356

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  • Property Type
    Residential

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  • Median Age
    59
  • Population Density
    85
  • College Educated
    41%
  • Estimated Median Income
    $51,017
  • Estimated Total Home Owners
    1,570
  • Estimated Total Renters
    252
  • Owner / Renter Divide
    86% / 14%
  • Estimated Average Household Size
    2
  • Total Population
    3,812
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 202 Emerald Lane

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/22/2026Source: Canopy MLS Price Reduction
$2,395,000 -1.6%
6/11/2026Source: Canopy MLS Price Reduction
$2,435,000 -2.4%
3/8/2026Source: Canopy MLS Status Change
Active
1/23/2026Source: Canopy MLS Status Change
Under Contract-Show
1/21/2026Source: Canopy MLS Status Change
Active
1/15/2026Source: Canopy MLS Status Change
Under Contract-Show
9/2/2025Source: Canopy MLS Price Reduction
$2,495,000 -10.7%
8/6/2025Source: Canopy MLS Price Reduction
$2,795,000 -6.7%
6/16/2025Source: Canopy MLS Price Reduction
$2,995,000 -11.8%
5/12/2025Source: Canopy MLS Price Reduction
$3,395,000 -2.9%
1/29/2024Source: Canopy MLS Price Reduction
$3,495,000 -10.4%
10/31/2023Source: Canopy MLS Added to Database
October 31, 2023