This knoll-top Contemporary Cape Cod home sits on a 1.59 acre lot with east-facing year round mountain views. The timeless design and functional layout provide a foundation with considerable potential. This three-bedroom, four-and-a-half-bathroom home presents an exceptional investment opportunity with stunning mountain panorama views and sunrise vistas. The covered mountain-view porch provides an ideal outdoor retreat, while mature evergreen borders to the rear and a private patio fire pit area enhance the property's natural appeal. Other features include an outdoor kitchen, sunroom, unique enclosed grill room, unfinished detached guest house with loft and its own full bathroom. Partially finished basement has a wet bar/rec room, mudroom, bonus room, playroom, laundry, full bathroom and workshop space. There is an outdoor shower and a private enclosed firepit patio area. The home features mountain view windows and a sun-filled 2 story living room that showcase the seasonal foliage display throughout the year. Located close to Lake Junaluska Golf Course, with convenient access to Lake Junaluska Recreation Area and Maggie Valley Festival Grounds, this property offers both recreational amenities and location advantages. With solid structural foundation and classic architectural elements, this home provides an excellent canvas for transformation. The combination of natural beauty, recreational access, and generous bathroom count establishes strong potential for a successful renovation project with substantial upside value for discerning investors. This is a Fannie Mae HomePath property.