NOT LISTED FOR SALE

110 Lake Ct Highlands, NC 28741

Estimated Value: $2,431,000 - $4,036,000

4 Beds
4.5 Baths
-- Sq Ft
1.8 Acres

Last Sold September 05, 2024

Last sale price $4,800,000

Est. 36% decrease in value since last sale

Current estimated payment $17,443/month

103 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Spa
  • Docks
  • Fitness Center
  • Gated Community

About This Home

As of September 2024

Elegant Comfort—This stunningly decorated home on the lake in Cullasaja Club invites you to relax and enjoy the fruits of life's labors! Offered exquisitely furnished (minor exclusions), a master decorator has intentionally planned every detail of this true “turn-key” residence. The soothing earth tones flow seamlessly through the furnishings, the artwork, the artistic accessories, and the wall coverings. Situated behind the gates of the exclusive Cullasaja Club, your privacy is assured on this 1.8-acre double lot. The Club's centralized location on the Highlands-Cashiers corridor gives easy access to the wide variety of restaurants, shops, and activities that only this mountain plateau offers. Equally accommodating of either solitary or family living, this home exudes a warmth and “livability” rarely found. The floor plan is logical and effective with an easy flow centering on the massive stone fireplace flanked living room. One direction leads to the well-appointed outdoor screened “living room” porch with access to the Coyote grill and steps to the lower levels, while another direction merges into an elaborately furnished (but lightly used) gourmet kitchen and the adjacent dining room overlooking the lake. Still another door unveils the first of two master suites with elaborate bath and dressing areas. The second master suite and additional bedrooms are located on the upper floor. All bedrooms are ensuite. Surprising extras abound, such as one-of-a-kind antique furniture and accessories, an elegant Yamaha piano (with player), a lower spa deck with premium hot tub, electronically hidden TVs, and a state-of-the-art lighting control system. The previous owners rarely occupied this home, resulting in an almost new feel to the current listing. New owners will benefit from their masterful taste. (Note: Some community amenities depend on optional membership which may be waitlisted)

Last Agent to Sell the Property

Brenda Beye

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285071227 Listed on: 05/10/2024

Last Buyer's Agent

Sarah Jennings

Cashiers Valley Real Estate LLC

Cashiers Valley Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,363

Year Built

  • Built in 2002

Lot Details

  • 1.8 Acre Lot
  • Lake Front
  • Steep Slope
  • Garden

HOA Fees

  • $805 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views
  • Unfinished Basement
  • Exterior Basement Entry
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 13, 13A
  • Assessor Parcel Number 7551519668, 7551611600

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,363

Year Built

Built in 2002

Lot Details

0

HOA Fees

$805 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8
  • Road Surface Type: Paved
  • Water Body Name: Ravenel
  • Subdivision Name: Cullasaja Club
  • Directions: From the Cullasaja Club entrance on US 64, proceed on Cullasaja Club Drive across the lake bridge to the second left onto Lake Court. Proceed to the Cul-de-sac. Driveway has a brick paver entrance on the left.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • Attribution Contact: 8285071227
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Indoor Grill, Ice Maker, Microwave, Wine Cooler, Washer
  • Has Basement: Dirt Floor, Exterior Entry, Encapsulated, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom, Outside, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Garden Tub/Roman Tub, Jetted Tub, Kitchen Island, Walk-In Closet(s), Wired for Sound
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Steep Slope
  • Pool Features: Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Frame, Concrete, Wood Siding
  • Exterior Features: Dock, Garden, Gas Grill
  • Other Structures: Gazebo
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Carport, Driveway, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Gated Community
  • Cooling: Central Air, Heat Pump, Other
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Multi-Fuel
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Public Sewer
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Other, Pickleball, Pool, Tennis Court(s), Water Access, Gated
  • Association Fee: 9664.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 78408.0
  • Parcel #: 7551519668, 7551611600
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 6363.0
  • Tax Lot: 13, 13A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 27, 2024
Sold by
Willie Randy Rhodes Revocable Trust and Howard Davis Adcock Jr Revocable Trust
Bought by
Norris Robin L
Seller's Agent
Brenda Beye
Highlands Sotheby's International Realty - DT
Buyer's Agent
Sarah Jennings
Cashiers Valley Real Estate LLC
List Price
$5,400,000
Sold Price
$4,800,000
Premium/Discount to List
-$600,000
-11.11%
Views
20
Current Estimated Value
$3,088,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,711,323
Avg. Annual Appreciation
-32.07%

Purchase Details

Closed on
Dec 28, 2022
Sold by
Rhodes Willie Randy
Bought by
Willie Randy Rhodes Revocable Trust and Howard Davis Adcock Jr Revocable Trust

Purchase Details

Closed on
Aug 1, 2018
Sold by
Collins Susan S
Bought by
Rhodes Willie Randy and Adcock Howard Davis

Purchase Details

Closed on
Jun 5, 2000
Sold by
Onstad Lillian E
Bought by
Collins H Wade
Source: Public Records

Range of Values:

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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
Norris Robin L $4,800,000 None Listed On Document
Norris Robin L $4,800,000 None Listed On Document
Willie Randy Rhodes Revocable Trust -- --
Rhodes Willie Randy $897,500 None Available
Collins H Wade $275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $4,800,000 -11.1% --
08/22/2024 08/22/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $5,400,000 -- --
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 -- $2,545,680 $250,000 $2,295,680
2024 $5,653 $1,913,770 $250,000 $1,663,770
2023 $5,641 $1,913,770 $250,000 $1,663,770
2022 $4,164 $943,250 $250,000 $693,250
2021 $4,164 $943,250 $250,000 $693,250
2020 $3,925 $943,250 $250,000 $693,250
2018 $4,902 $1,335,880 $500,000 $835,880
2017 $0 $1,335,880 $500,000 $835,880
2016 $4,902 $1,335,880 $500,000 $835,880
2015 -- $1,335,880 $500,000 $835,880
2014 $5,689 $1,950,450 $518,400 $1,432,050
2013 -- $1,950,450 $518,400 $1,432,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 104284

APN: 7551519668