156 Grayling Dr

Cullowhee, NC 28723

$1,125,000
Price
4
Beds
2,590 Sq. Ft.
$434 / Sq. Ft.
2,590
Sq. Ft.
$434
per Sq. Ft.
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Description

This luxurious modern farmhouse is perfectly situated above the tranquil Tuckasegee River, a fisherman’s dream stocked with trout and perfect for floating or kayaking directly from your backyard. The gently sloping, oversized lot offers one of the most desirable settings in the neighborhood, with a large grassy backyard, no flood damage during Hurricane Helene, and plenty of parking for family and guests. Inside, the home features a spacious open floor plan with beautiful river views from nearly...This luxurious modern farmhouse is perfectly situated above the tranquil Tuckasegee River, a fisherman’s dream stocked with trout and perfect for floating or kayaking directly from your backyard. The gently sloping, oversized lot offers one of the most desirable settings in the neighborhood, with a large grassy backyard, no flood damage during Hurricane Helene, and plenty of parking for family and guests. Inside, the home features a spacious open floor plan with beautiful river views from nearly every window. The main level includes a large living room that flows into an elegant kitchen and dining area with a half bath. From here, step onto one of two expansive Trex decks, ideal for lounging and entertaining while overlooking the river. The upper level serves as a true retreat, with a primary bedroom that opens into a spacious office with a sleek wet bar, a private Trex deck, and a spa-like bathroom with a soaking tub and tiled shower. The third floor includes two generous guest bedrooms, each with its own private full bathroom. A Redwood Outdoors 6-person barrel sauna, featuring a powerful 8kW Harvia WiFi-controlled heater and a full glass wall that looks out over the water, creating a private wellness experience. The home also offers a large covered front porch, an oversized two-car garage with an unfinished upstairs, and tasteful stone landscaping that ties everything beautifully into the upscale neighborhood. Built with 2x6 construction, the home includes industrial-grade LVP flooring throughout, with durable carpet on the stairs. The design blends premium craftsman style with modern farmhouse touches. It comes fully furnished (excluding a few select pieces) and includes high-end appliances such as a washer, dryer, and refrigerator. The kitchen features premium Miele appliances, including the oven, microwave, and dishwasher. Enjoy the benefits of natural gas, including a gas stove and a grill hookup. The property is also connected to high-speed fiber internet, making it ideal for remote work or streaming. Located just seconds from the Western Carolina University campus, this home offers both convenience and privacy. The community allows select short-term rentals, and this property is one of the few that qualifies. Other similar rentals in the neighborhood have a proven track record of profitability, while the remaining homes are owner-occupied family residences. This is a rare opportunity to own a premium riverfront home with unmatched views, luxurious features, and income potential!

Property Details for 156 Grayling Drive

Architectural Style
Farmhouse, Modern
Waterfront Features
Covered structure, Retaining Wall
View
Mountain(s), Water, Year Round
Parking Features
Detached Garage, Garage Shop, Parking Space(s)
Subdivision Name
Cullowhee River Club
LISTING UPDATED: 11/23/2025 04:06 PM

Property Details for 156 Grayling Drive

StatusActive
MLS #4287771
Days on Market133
Taxes-
HOA Fees$325 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2022
Lot Size0.31 AC / 13,503 SF
CountyJackson County

Location

Listing Courtesy of Howard Hanna Beverly-Hanks Waynesville
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Building Information for 156 Grayling Drive

Stories-Year Built2022Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$5,910 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,559

Property Taxes

$243

HOA Dues

$108

The Payment Calculator is for illustrative purposes only.

Property Information for 156 Grayling Drive

Summary
Location and General Information
  • Water Body Name: Tuckasegee River
  • Longitude: -83.16539586
  • Latitude: 35.30346687
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: CRC/IPM Community Association Inc
  • HOA Email: info@ipmhoa.com
  • HOA Phone: 828-650-6875
  • HOA Subject To: Required
  • HOA Annual Expense: $1,300.00
  • Tax Assessed Value: $767,906.00
  • Parcel Number: 7559-71-6329
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Cullowhee Valley
  • High School: Smoky Mountain
  • Elementary School: Cullowhee Valley
Parking
  • Parking: Open Spaces: 4.0
  • Parking: Open Parking YN: Yes
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
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Property
Lot Information
  • Elevation: 2000
  • Above Grade Finished Area: 2590.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 884
  • Sq Ft Third: 805
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 901
  • Sq Ft Total Property HLA: 2590.0
  • Lot Features: Flood Plain/Bottom Land, River Front, Rolling Slope, Sloped, Views
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: No
  • New Construction YN: No
  • Photos Count: 48
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
  • Restrictions: Architectural Review, Deed, Manufactured Home Not Allowed, Short Term Rental Allowed, Subdivision
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fire Pit, Sauna
  • Construction Materials: Hardboard Siding
  • Patio And Porch Features: Balcony, Deck, Front Porch, Porch
  • Road Surface Type: Gravel, Paved
  • Roof: Architectural Shingle
Interior Features
  • Appliances: Dishwasher, Dryer, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Wall Oven
  • Levels: Three
  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Natural Gas, Zoned
  • Interior Features: Open Floorplan, Sauna, Walk-In Closet(s)
  • Laundry Features: Laundry Closet
  • Fireplace Features: Gas, Gas Log, Living Room
  • Fireplace YN: Yes
  • Door Features: Sliding Doors
  • Window Features: Insulated Window(s)
  • Foundation Details: Crawl Space
  • Basement YN: No
  • Bedroom Main: 0
  • Bedroom Third: 2
  • Bedroom Upper: 2
  • Full Bath Main: 0
  • Full Bath Third: 2
  • Full Bath Upper: 1
  • Half Bath Main: 1
Room Information
Room Information
  • Room Count: 1.0
Room 1
  • Room Types: Living Room
  • Room Level: Main

Property History for 156 Grayling Drive

DateEvent & SourcePriceAppreciation
Aug 28, 2025

Price Change

CANOPY #4287771

$1,125,000—
Aug 12, 2025

Price Change

CANOPY #4287771

$1,175,000—
Aug 12, 2025

Price Change

CANOPY #4287771

$1,750,000—
Aug 1, 2025

Listed (Active)

CANOPY #4287771

$1,200,000—
Jul 15, 2023

Closed (Public Record)

Public Record #1515440131

$738,000

+74.0% / yr

Sep 26, 2022

Withdrawn

CANOPY #3867724

$949,000—
Jun 15, 2022

Listed (Active)

CANOPY #3867724

$949,000—
Jul 14, 2020

Closed (Public Record)

Public Record #675012222

$140,000—
DateEvent & SourcePrice
08/28/2025

Price Change

CANOPY #4287771

$1,125,000
08/12/2025

Price Change

CANOPY #4287771

$1,175,000
08/12/2025

Price Change

CANOPY #4287771

$1,750,000
08/01/2025

Listed (Active)

CANOPY #4287771

$1,200,000
07/15/2023

Closed (Public Record)

Public Record #1515440131

$738,000

+74.0% / yr

09/26/2022

Withdrawn

CANOPY #3867724

$949,000
06/15/2022

Listed (Active)

CANOPY #3867724

$949,000
07/14/2020

Closed (Public Record)

Public Record #675012222

$140,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 156 Grayling Drive

Taxable ValueLand$150,000Additions$617,906Total$767,906
Tax Record2025$2,918 ($243 / month)
Home Facts
Lot Size13,504 SqFtStyleMiscellaneousCountyJACKSONAPN7559-71-6329

Schools near 156 Grayling Drive

This home is within Jackson County School District.
Rating
School
Type
Grades
Distance
Cullowhee Valley School
Public - PK to 8
Smoky Mountain High
Public - 9 to 12
Jackson Co Early College
Public - 9 to 13
Jackson Co School Of Alt
Public - 6 to 12
Rating
School
Distance
Cullowhee Valley School
PublicPK to 8

Smoky Mountain High
Public9 to 12

Jackson Co Early College
Public9 to 13

Jackson Co School Of Alt
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 156 Grayling Drive, Cullowhee, NC 28723

156 Grayling Drive is a single family home for sale in Cullowhee, NC 28723. This property was listed for sale on August 1, 2025 by Howard Hanna Beverly-Hanks Waynesville, it's currently listed at $1,125,000. It has been on the market for a total of 133 days and was last sold on July 15, 2023. This listing's school district is Jackson County School District. Nearby schools include Cullowhee Valley School, Smoky Mountain High and Jackson Co Early College. 156 Grayling Drive is a 4-bed, 4-bath, 2,590 sqft single family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Howard Hanna Beverly-Hanks Waynesville

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/13/2025 08:59 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.