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    Mountain Property with Two Homes Title is generated by Realmo AI

    477 Little Snowbird Trail, Andrews, NC 28901

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    Claim this Listing
    For Sale
    $393,500

    MULTI_FAMILY - ANDREWS, NC

    Type:Cabin
    Property size:
    1,680 SF
    Lot size:
    1.79 Acres
    Price / SF:
    $234/SF
    Added:
    May 11, 2026
    Days on Market:
    11
    Last Refresh:
    May 21 at 7:06 pm

    Property Features for 477 Little Snowbird Trail

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Cabin
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2, Dining Room
    Parking features
    Garage
    Interior features
    Ceiling Fan(s), Tile Shower/Tub, Washer/Dryer Connection, Wood Walls
    Appliances
    Dishwasher, Dryer, Microwave, Oven, Washer
    Standard status
    Active
    Size
    1,680 SF
    Lot size
    1.79 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Propane (Heating), Central, Heat Pump (Heating)
    Cooling system
    Multi Units, Central Air
    Water source
    Well

    Building Details

    Year built
    1984
    Floors in Building
    2
    Flooring type
    Wood
    Building materials
    Log
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Dogwood Realty Group

    Listing agent Dogwood Realty Group

    Listing office ReMax Mountain Properties 1151 US Hwy 64 W, NC

    Listing date May 11, 2026

    MLS# 158248 Listing URL

    Copyright © 2026 Mountain Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two separate homes (main log cabin and guest house) offering flexibility.
    • Located in the Appalachian Mountains, providing a peaceful and tranquil mountain retreat.
    • Expansive multi‑level decks ideal for entertaining and enjoying the forest surroundings.
    • Main residence is a charming 2‑bedroom, 2‑bath log cabin with rustic character.
    • Conveniently located: 15 minutes to casino, 30 minutes to white water rafting, 20 minutes to downtown Murphy, and 10 minutes to downtown Andrews.
    • Enclosed fence adds convenience and functionality to the outdoor space.

    Overview

    This mountain property, situated in a wooded area of the Appalachian Mountains, includes two separate homes. The main residence is a 2-bedroom, 2-bath log cabin with rustic features. Multi-level decks provide space for outdoor activities. An existing enclosed fence enhances the outdoor space. The second building is a 2-bedroom, 2-bath guest house suitable for various uses, including multi-generational living, hosting guests, long-term rental income, or use as a private vacation rental. The property is located a 15-minute drive from Harrah's Valley River Casino, 30 minutes from white water rafting in Nantahala, 20 minutes from downtown Murphy, and 10 minutes from downtown Andrews, NC. The property offers opportunities for a mountain retreat, income generation, or a full-time residence. The property size is 1,680 square feet and the lot size is 1.79 acres.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Andrews
    County
    Cherokee
    State
    North Carolina
    Longitude
    -83.8167
    Latitude
    35.1977

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    FAQs

    What type of property is this?
    Single family property - Unique mountain property featuring two separate homes on 1.79 acres.
    Where is this single family property located?
    The property is located at 477 Little Snowbird Trail Andrews, NC.
    What is the asking price?
    The asking price for this property is $393,500.
    What are key features of this property?
    This property features: Two separate homes (main log cabin and guest house) offering flexibility.; Located in the Appalachian Mountains, providing a peaceful and tranquil mountain retreat.; Expansive multi‑level decks ideal for entertaining and enjoying the forest surroundings.
    (828) 361-0945
    We can help!
    Listing Contact
    Dogwood Realty Group
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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