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770 Shelton Cove Rd, Waynesville, NC, 28785

5beds
3baths
4,157sqft
$575,000
$138price/sqft
$3,825/moest. monthly cost
$153,000/yrincome needed

About This Home

Welcome to your mountain retreat! Back on the market with a significant price improvement to align with today's market, this distinctive five-bedroom, three-bath log cabin offers the perfect blend of rustic mountain charm, thoughtful updates and everyday convenience. Featuring a newly upgraded five-bedroom septic system permit, this unique home offers a flexible floor plan ideal for a primary residence, vacation getaway or investment property. Enjoy beautiful mountain views from the expansive wraparound deck while remaining just minutes from shopping, dining and local attractions. Since purchasing the home, the owners have invested extensively in both maintenance and improvements, providing peace of mind for the next owner. Updates include new plumbing for the main-level bathrooms and laundry room, refinished flooring throughout with stripped and stained hardwoods on the main level and newly stained upper-level floors, replacement of all interior trim. The exterior has also been meticulously maintained with professional power washing, caulking and staining using a natural oil-based finish, preserving the beauty and integrity of the log home. Combining timeless cabin character with extensive recent improvements, this move-in-ready mountain retreat offers an exceptional opportunity to enjoy mountain living without sacrificing comfort or convenience.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

8/10
4/10
Waynesville MiddleGrades 6-85.5 mi
7/10
Tuscola HighGrades 9-125.8 mi

Construction

Condition

  • Year built: 1987

Materials

  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Water Heater,Gas Oven,Washer/Dryer
  • Laundry features: In Basement,Utility Room,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Interior Entry,Partially Finished

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Basement

Bedroom S

  • Level: Basement

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 2

Bonus Room

  • Level: Upper

Bonus Room

  • Level: Upper

Dining Room

  • Level: Main

Features

  • Open Floorplan,Walk-In Closet(s)
  • Door features: Screen Door(s)
  • Flooring: Concrete,Tile,Wood
  • Fireplace features: Living Room
  • Finished area below ground: 1,409
  • Finished area above ground: 2,748

Heating & Cooling

  • Heating features: Baseboard,Electric,Propane
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 2,748
  • Total interior livable area: 4,157 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Basement

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Recreation Room

  • Level: Basement

Property

Details

  • Parcel number: 7698619553
  • Zoning: Res
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Wrap Around
  • Has view: Yes
  • View description: Long Range,Mountain(s)

Lot

  • Lot size: 0.29 Acres
  • Features: Cleared,End Unit,Level,Views

Parking

  • Parking features: Driveway,Shared Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Landslide
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Haywood County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$195$2,340
Property Taxes $336$4,032
Electricity $387$4,646
Total$3,825$45,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,142/yr
40% on housing$114,750/yr
45% on housing$102,000/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 28785$169
Haywood County$210

vs Homes Sold Last Month

Median $/sqft

ZIP 28785$243
Haywood County$246

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$575,000
2025-11-08Listing removed$675,000
2025-09-10Price change$675,000
2025-03-31Listed for sale$690,000
2024-10-25Listing removed$675,000
2024-05-25Listed for sale$675,000
2023-10-21Listing removed--
2023-08-22Price change$690,000
2023-06-21Listed for sale$699,000
2022-02-24Sold$300,000
2019-08-21Listing removed$235,000
2019-06-26Price change$235,000
2019-04-29Listed for sale$239,999
2018-08-13Listing removed$304,100
2018-06-28Price change$304,100
2018-06-21Price change$304,200
2018-06-14Price change$304,300
2018-06-07Price change$304,400
2018-05-31Price change$304,500
2018-05-24Price change$304,600
2018-05-17Price change$304,700
2018-05-11Price change$304,800
2018-05-04Price change$304,900
2018-04-28Listed for sale$305,000
2008-02-15Sold$200,000
2007-04-17Sold$233,000

For Sale by Agent

AgentMary Irvin
BrokeragePremier Sotheby’s International Realty

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