NOT LISTED FOR SALE

1048 Bright Mountain Rd Cullowhee, NC 28723

Estimated Value: $1,196,000 - $1,583,094

4 Beds
4.5 Baths
-- Sq Ft
1.81 Acres

Last Sold October 01, 2020

Last sale price $910,000

Est. 57% increase in value since last sale

Current estimated payment $8,041/month

445 Days on Market

Highlights

  • Gated Parking
  • Lake View
  • Wooded Lot
  • Gated Community
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of October 2020

HEART STOPPING VIEWS OF LAKE GLENVILLE! This majestic mountain home is built to impress with a rare sunset facing view over the lake. Designed and built by local architect Greg Hall, this custom contemporary home was built specifically for this property. It is a unique property that maximizes views and privacy. With 4 bedrooms and 4.5 baths, this house will accommodate a large group of people, be it family or friends. Two outdoor living porches are screened in and offer additional living space for entertaining. One living porch has its own fireplace for those cool nights. The master bedroom on the main level offers its own privacy and has its own outdoor screened in porch. This home sports a fantastic kitchen big enough for all the chefs in the house. The open floor plan on the living level makes this home feel spacious yet cozy. The windows in the great room draw you in as you stand in awe of the long range mountain views and the views of Lake Glenville. In the gated community of Leawood of Bright Mountain. A brand new Generac generator is being installed with a 10 year warranty. A recent insurance appraisal has the house replacement valued at $1,188,16. The home is a short 12-15 minute drive to/from Cashiers Village where shops and restaurants are open year round. Hiking trails, waterfalls are all within an easy 30 minute drive from this top of the mountain getaway. This is not just a "must see" home, it is one you have to experience!

Last Agent to Sell the Property

Philip Bradley

Cashiers Valley Real Estate LLC Brokerage Phone: 8287433411 Listed on: 06/14/2019

Cashiers Valley Real Estate LLC

Last Buyer's Agent

Philip Bradley

Cashiers Valley Real Estate LLC Brokerage Phone: 8287433411 Listed on: 06/14/2019

Cashiers Valley Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 2002

Lot Details

  • 1.81 Acre Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Lake Views
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • Driveway
  • Gated Parking

Outdoor Features

  • Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot 4 4E
  • Assessor Parcel Number 7563-27-5420

Community Details

Overview

  • Property has a Home Owners Association
  • Leawood Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,750

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.81
  • Road Surface Type: Paved
  • Subdivision Name: Leawood
  • Directions: From cross roads, take 107 and turn left onto North Norton Rd at the Blue Ridge School. Pass Trillium S/D and at fork, take right staying on N Norton. Pass covered bridge and turn right on Bright Mountain Rd. Go straight up and at fork, keep right, (straight up) staying on Bright Mt Rd. Enter code at the gate. (TEXT OR EMAIL AGENT FOR CODE IN ADVANCE.) Proceed into Leawood,first house on right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2002
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Separate/Formal Dining Room, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Rock Outcropping, Wooded
  • View: Lake
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Enclosed, Patio, Porch, Screened, Side Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Gated

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 78843.6
  • Parcel #: 7563-27-5420
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3750.19
  • Tax Lot: 4 4E
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Oct 1, 2020
Sold by
Watkins Joseph V and Watkins Margaret R
Bought by
Haldopoulos Kleanthis Dean
Seller's Agent
Philip Bradley
Cashiers Valley Real Estate LLC
Buyer's Agent
Philip Bradley
Cashiers Valley Real Estate LLC
List Price
$995,000
Sold Price
$910,000
Premium/Discount to List
-$85,000
-8.54%
Current Estimated Value
$1,425,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,024
Avg. Annual Appreciation
14.49%
Source: Public Records

Range of Values:

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Sold Price
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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
Haldopoulos Kleanthis Dean $910,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins Joseph W $669,300
Previous Owner Watkins Joseph W $782,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $910,000 -8.5% --
09/22/2020 09/22/20 Pending -- -- --
06/14/2019 06/14/19 For Sale $995,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $6,176 $1,625,261 $150,000 $1,475,261
2024 $3,270 $860,440 $150,000 $710,440
2023 $3,663 $860,440 $150,000 $710,440
2022 $3,663 $860,440 $150,000 $710,440
2021 $3,373 $835,210 $150,000 $685,210
2020 $3,616 $870,580 $155,620 $714,960
2019 $3,616 $870,580 $155,620 $714,960
2018 $3,616 $870,580 $155,620 $714,960
2017 $3,529 $870,580 $155,620 $714,960
2015 $3,312 $870,580 $155,620 $714,960
2011 -- $1,076,080 $176,840 $899,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 91234

APN: 7563-27-5420