115 Teague Loop Waynesville, NC 28785
This charming, ivy-covered red brick church, built in the 1960s, is available for the first time in over three decades. Located on a 0.48-acre lot in Maggie Valley, NC, at 115 Teague Loop, this property offers a blend of historic charm and versatile potential. The upper level retains its original character, featuring stunning stained-glass windows, a baptismal font, a crying room, and 26 pews. The lower level has been thoughtfully converted into seven bedrooms, a small shop, a gathering room, and substantial storage areas. The building retains its original charm while offering modern functionality. Nestled in the heart of Maggie Valley, amidst the beauty of the Great Smoky Mountains, this property enjoys a peaceful setting ideal for those seeking outdoor recreation and small-town living. Zoned for both residential and commercial use, this property presents a rare opportunity for a creative buyer to transform this historic landmark into a unique and profitable venture. The asking price is $479,000, below a recent appraisal. The property's size is not specified in the provided information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.