Five-Residence Short-Term Rental
New
For Sale
$2,195,000
124 Borges Lane, Waynesville, NC 28785
An established cabin rental operation accompanies a substantial mountain home and four additional log residences.
Property Size7,453 SF
Lot Size9.84 Acres
Price / SF$294.51
Days on Market4
Property Features for 124 Borges Lane
General Information
Standard status
Active
Size
7,453 SF
Lot size
9.84 Acres
Property subtype
Commercial
Additional Details
Multifamily Units
5
Amenities
stone fireplace
mountain views
covered porches
decks
fire pits
BBQ grills
picnic spaces
laundry facilities
equipped kitchens
three-car garage
RV hookup
pool table
Central air
Dryer
Washer
Driveway
Green Area
Heat Pump Cooling
Heat Pump Heating
Laminate Flooring
Level
Linoleum Flooring
Propane Heating
Tile Flooring
Views
Wood Flooring
Wooded
Building Details
Year Built
2007
Construction
log
Listing Agency:
KELLER WILLIAMS GREAT SMOKIES
(828) 926-5155
Listed By:
MATTHEW WELLS · License #344905
(828) 734-6930
Source:
Corcoran
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS GREAT SMOKIES
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Investment Insights
Based on property information with market context.
Set across 9.838 acres in Waynesville, this property brings together a custom log home and four separate log cabins with an established short-term rental history. The main residence contains approximately 4,470 square feet across three levels, including three bedrooms, three-and-a-half baths, a finished lower level with a second kitchen, and a three-car basement garage. A 624-square-foot loft overlooks the great room, where exposed beams and a floor-to-ceiling stone fireplace define the space. Electrical service is 400 amps, with a 50-amp RV hookup and a 12-by-32-foot storage building.
The four cabins have approximately 3,296 combined square feet and are advertised to accommodate up to 23 guests. Each has an equipped kitchen, laundry facilities, and a covered porch or deck; select cabins also include fireplaces and lofts. Outdoor amenities include grills, picnic areas, and fire pits. Waynesville, Maggie Valley, Cataloochee Valley, the Blue Ridge Parkway, and Great Smoky Mountains National Park are identified as nearby destinations.
The four cabins have approximately 3,296 combined square feet and are advertised to accommodate up to 23 guests. Each has an equipped kitchen, laundry facilities, and a covered porch or deck; select cabins also include fireplaces and lofts. Outdoor amenities include grills, picnic areas, and fire pits. Waynesville, Maggie Valley, Cataloochee Valley, the Blue Ridge Parkway, and Great Smoky Mountains National Park are identified as nearby destinations.
Key Highlights
- 9.838 acres with a main log home and four additional cabins
- Main residence offers approximately 4,470 square feet, with a three‑car basement garage
- Four cabins total approximately 3,296 square feet and are advertised for up to 23 guests
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
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Business Placement
Demographics for 28785, NC
8,238
Population
4,831
Households
1.7
Avg Household Size
53
Median Age
33%
College-Educated
90%
High-School Grad
168.4 sq mi
ZIP Area
49
Density / Sq Mi
$63,750
Median Household Income
$41,733
Median Earnings
$1,100
Median Rent
$282,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - An established cabin rental operation accompanies a substantial mountain home and four additional log residences.
Where is this short term rental property located?
The property is located at 124 Borges Lane Waynesville, NC.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 9.838 acres with a main log home and four additional cabins; Main residence offers approximately 4,470 square feet, with a three‑car basement garage; Four cabins total approximately 3,296 square feet and are advertised for up to 23 guests
