118 Rolling Lane
About This Property
Welcome to a very well maintained 1-level contemporary home built in 2019 that combines modern comfort with a full basement and 2-car garage. Sitting above the desirable Valley Creek Run community in a private cul-d-sac, this 3-bedroom, 2-bathroom residence offers 1,500 square feet of main-level living, designed for convenience, style, and breathtaking views from almost every room. This private home could be a popular vacation rental.
Inviting Outdoor Spaces:
Enjoy mountain VIEWS year-round with a welcoming covered front porch and two spacious decks-perfect for morning coffee at sunrise or entertaining at sunset. The "fully fenced" backyard includes a firepit and mature landscaping, creating an ideal setting for the pets, social gatherings or quiet evenings under the stars. Easy access - Get the mountain views you wished for without having to drive up a mountain road to reach them! Easy paved access right up to the kitchen door is a plus,
Open & Bright Interior:
The heart of the home focuses on the fireplace in a vaulted ceiling, open-concept living area that flows seamlessly from kitchen to dining to living room. The kitchen offers upgraded finishes such as granite and stainless steel, a walk-in pantry, seating at the breakfast bar and modern functionality. While the living room's fireplace adds warmth and ambiance. Durable flooring and abundant natural light enhance the inviting feel throughout. Mountain Views shine through the large windows in the great room.
Private Primary Suite:
The primary bedroom is a restful retreat with custom closets and a private ensuite bath. Two additional bedrooms provide comfortable space for family or guests or an office, with a hallway bath which is all conveniently located on the main level. Laundry room is on the main level.
Flexible Lower Level & 2-car Garage:
A spacious two-car garage provides excellent storage, and the lower level features 700+ square feet of partitioned, easy to finish space with walk-out access to the yard and driveway. This bonus area is ready to be transformed into a recreation room, guest suite, or workshop-tailored to your needs. Wide easy turn around in the driveway is hard to find in the mountains!
Modern Comforts:
Built just a few years ago, the home offers fiber-cement siding, durable metal and composition roofing, heat pump heating and cooling, city water and public sewer, underground utilities, and high-speed INTERNET access (Spectrum available)-ensuring reliable, low-maintenance living.
Lifestyle & Location:
Located in the heart of the Great Smokies, this home provides quick access to outdoor adventures like hiking, fishing, rafting, and the Blue Ridge Parkway. Yet it's just minutes to charming Waynesville for shopping, dining, and community events, making it the perfect blend of mountain retreat and everyday convenience. Asheville is a short 35 minute drive while Harrah's Cherokee is 20 minutes away. Close walking distance to a dog walking trail (behind MV Methodist Church).
118 Rolling Lane delivers the best of modern mountain living-low maintenance stylish design, flexible spaces, and a peaceful setting that feels like a getaway every day. Don' t miss this one! Please request the Virtual Tour Walk through Floorplan (Matterport).
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 23, 2025 | Listed by Better Homes and Gardens Real Estate Heritage | $515,000 | |
| Listed by Better Homes and Gardens Real Estate Heritage | |||
| Sep 19, 2025 | Price Decreased |
$515,000
↓ $45K
(8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017