398 Locust Drive
About This Property
Inside: an inviting Great Room featuring beautiful refinished wood walls, vaulted tongue-and-groove ceilings, a new propane fireplace insert with remote, and 2 remote-controlled ceiling fans. The open-concept design flows into the dining area and spacious kitchen. All interior wood walls were cleaned and refinished with stain and a protective top coat to restore their natural beauty. All flooring was replaced with quality waterproof Cortec Plus 5 interlocking wood-look flooring by Blue Ridge Custom Floors.
The kitchen includes a new dishwasher and countertop microwave. Interior doors and windows were sanded and refinished with new hardware, and most door jambs were replaced.
The primary bedroom includes an ensuite bathroom with double sinks and access to the covered front porch. Two additional bedrooms and a second full bathroom complete the bedroom wing. Both bathrooms were remodeled with larger vanity sinks, new toilets, and additional ceiling lighting above the tubs. Three new barn doors add character, with one in each bedroom.
The laundry area was rebuilt with a privacy wall and received fresh paint. A new top-loading washer is included, and the dryer was serviced in 2025.
The game room provides flexible space for a den, office, recreation room, or sleeping area. It features fresh paint, a refinished interior log wall, and convenient access to the outdoor fire pit. A mini-split is being installed for heat and air conditioning.
Spectrum Cable TV and INTERNET is available.
The EXTERIOR: All exterior log walls were professionally cleaned, repaired where needed, re-stained, and sealed. The front deck was redone, and slatted walls were added to the front and side to enclose the area underneath for storage and added curb appeal. The roof was professionally inspected and cleaned.
At 3220' elevation, OUTDOOR LIVING is a standout feature of this property. The NEW 20' x 20' backyard deck includes a 9' x 12' pergola creating a private, wooded setting for outdoor dining, entertaining, relaxing, and enjoying the mountain air. Two privacy panels add to the relaxing environment. The backyard features a fire pit area, garden beds and boxes, mature trees, a garden shed, and multiple areas for outdoor seating. The peaceful wooded surroundings provide a natural mountain backdrop and a sense of privacy. It is hard to see the neighbors.
Level parking adds convenience and makes this mountain cabin easy to access from STATE-MAINTAINED PAVED ROADS.
With its extensive 2025 improvements, authentic log construction, open floor plan, flexible living spaces, level parking, and impressive outdoor entertaining areas, this property is ideal as a full-time residence, second home, mountain getaway, or vacation rental investment. The home has a history as an Airbnb vacation rental.
Maggie Valley is in the heart of western North Carolina and is easy to access by 5 lane highways. It is known for mountain scenery, hiking, fishing, skiing, motorcycle touring, golf, festivals, and outdoor recreation. Nearby are the Great Smoky Mountain National Park, the elk at Cataloochee Valley, the Blue Ridge Parkway, Cataloochee Ski Area, and countless scenic mountain destinations.
Historic Downtown Waynesville is nearby and offers locally owned restaurants, breweries, galleries, shops, a community college, regional hospital and a community theater. Asheville is also within easy reach for additional dining, shopping, and entertainment options.
Come see this beautifully refreshed Maggie Valley log cabin offering mountain charm and a convenient setting.
Purchased in July 2025, the home is being offered for sale as the owners relocate closer to family in the Asheville area.
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Listed by Better Homes and Gardens Real Estate Heritage | $435,000 | |
| Listed by Better Homes and Gardens Real Estate Heritage | |||
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Listed by Better Homes and Gardens Real Estate Heritage | $330,000 | |
| Listed by Better Homes and Gardens Real Estate Heritage | |||
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**LOG CABIN all on 1-level** Charming and rustic 3BR/2BA .. 0.78-acre lot in desirable Wild Acres.. Private, peaceful setting with paved, state-maintained road access.. Features a large great room with vaulted tongue and groove wood ceilings, propane fireplace, and open kitchen/dining area that is perfect for relaxing or gathering with friends and family.. All bedrooms are spacious with warm wood finishes.. Primary bedroom has en suite bath.. Bonus room offers space for laundry, office, or an extra sleeping area is finished and seller heated with a portable heater.. Covered front porch, City Water, storage shed, and ample level parking are very convenient.. Perfect for year-round living or a rustic mountain getaway. Voluntary HOA in this woodsy, serene neighborhood. Easy access to Maggie Valley, Cherokee, Great Smokies, Blue Ridge Parkway, Waynesville & Asheville. High Speed Spectrum internet at the house (disconnected). Seller is offering a flooring allowance to buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017