NOT LISTED FOR SALE

00 Falling Waters Dr Highlands, NC 28741

Estimated Value: $453,000 - $2,286,000

26.5 Acres
$51,679 Price per Acre
1,154,340 Sq Ft Lot

Last Sold October 01, 2020

Last sale price $750,000

Est. 83% increase in value since last sale

Current estimated payment $7,726/month

293 Days on Market

About This Lot

As of October 2020

SPECTACULAR INVESTMENT/DEVELOPMENT OPPORTUNITY- 26.5+/- acres of mostly flat to rolling land just 6-7 minutes from Downtown Highlands. Can be subdivided into approx 6-8 estate size or 18 house size lots. Depending on the lot(s) combined, you could have creek frontage, mountain view, 40+/-ft waterfall view, small pond view or back up to USFS. Many mature trees, natural rhododendron & mountain laurel bushes throughout the community, in keeping with the area. Some infrastructure in place includes a stone paved & asphalted, gated entrance w/tasteful landscaping leading to the major waterfall that gives this community the name "Falling Waters." There are also paved roads & underground utilities to developed lots, and roughed in roads to others. Shared wells for the existing homes & some of the existing lots. (Add'l wells and/or water storage system may be required for high density development..) Due to the convenient location to Highlands, it offers great shopping, superb restaurants, golfing, tennis, entertainment, arts & culture and full array of outdoor activities from concerts, fairs, hiking & sightseeing of the most spectacular southern Appalachian Mtns, waterfalls & so much more.

Last Agent to Sell the Property

Frank Pimental

Mossy Oak Properties Carolina Timber And Realty Brokerage Phone: 8284774248 License #250086 Listed on: 11/12/2019

Last Buyer's Agent

Frank Pimental

Mossy Oak Properties Carolina Timber And Realty Brokerage Phone: 8284774248 License #250086 Listed on: 11/12/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,370

Lot Details

  • 26.5 Acre Lot
  • Home fronts a stream

HOA Fees

  • $225 Monthly HOA Fees

Utilities

  • Well
  • Septic Permit Issued

Community Details

  • Falling Waters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7530206902

Property Details

Property Type

Land

Est. Annual Taxes

$4,370

Lot Details

26.5 Acres

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Subdevelopment,Land,Residential
  • Prop. Type: Land
  • Lot Size Acres: 26.5
  • Road Frontage Type: Other
  • Road Surface Type: Paved, Paved Road
  • Ownership: More than One Year
  • Subdivision Name: Falling Waters
  • Directions: Heading East on US-64 towards Main St., Highlands, NC turn right near Post Office onto Dillard Rd/NC-106), travel 1.88 miles to right turn on Mountain Laurel Dr. (Just past Holt Road). Drive 0.29 miles and go left on Moonlight Lane. Take first right into Falling Waters Entrance. Heading West on Main St., Highlands, turn left near Post Office onto Dillard Rd/NC-106), & follow above directions.
  • Habitable Residence: No
  • NAV27_rets_property_type: Land
  • Special Features: None

Interior Features

  • Possible Use: Residential, Subdevelopment

Exterior Features

  • Lot Features: Other-See Remarks, Adjoins USFS, Elev over 3000
  • View: No
  • Waterfront Features: Branch/Stream
  • Other Structures: None

Utilities

  • Sewer: Septic Permit
  • Utilities: Other
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 2700
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 1154340
  • Parcel #: 7530206902
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4370
  • Tax Book Number: I-34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Sep 4, 2020
Sold by
Vanhoogen Paula and Vanhoogen Van Hoogen
Bought by
Falling Waters Development Llc
Seller's Agent
Frank Pimental
Mossy Oak Properties Carolina Timber And Realty
Buyer's Agent
Frank Pimental
Mossy Oak Properties Carolina Timber And Realty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,369,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,500
Avg. Annual Appreciation
11.66%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Falling Waters Development Llc $750,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $750,000 0.0% --
09/01/2020 09/01/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $750,000 -- --
Source: Carolina Smokies Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,510 $1,560,140 $1,560,140 $0
2024 -- $1,560,140 $1,560,140 $0
2023 $4,269 $1,560,140 $1,560,140 $0
2022 $4,269 $992,820 $992,820 $0
2021 $4,269 $992,820 $992,820 $0
2020 $4,018 $992,820 $992,820 $0
2018 $4,560 $1,267,300 $1,267,300 $0
2017 -- $1,267,300 $1,267,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26014168

APN: 7530206902

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