$590,000
SOLD JUL 17, 2025

111 Waterlily Dr Flat Rock, NC 28731

3 Beds
2.5 Baths
2,053 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$287 Per Sq Ft

15% Below List Price

79 Days on Market

Highlights

  • Under Construction
  • Arts and Crafts Architecture
  • Lawn
  • Open Floorplan
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of July 2025

Almost done! We are excited to announce the near-completion of a stunning new custom construction home in The Garden Hamlet, a sought-after neighborhood within the award-winning Highland Lake Village!
Key Features: 3 Spacious Bedrooms, 2.5 Baths, Quality Construction, Generous Well-Upgraded Standard Specs.
This beautiful home is set on a prime lot with a Farm area and adjacent to the award winning Highland Lake Inn & Resort and is one of the last new homes available in this desirable neighborhood. Your furture primary home or second home in the WNC mountains awaits. Short Term Rental Possible with this new property with on-site managment company ready to help! Located in the historic and charming Flat Rock offers the perfect blend of tranquility and convenience, just minutes from town and all essential amenities.
Additional Details: Turnkey Home/Lot Package, some photos are representative of the home under construction
taxes are yet to be determined.

Last Agent to Sell the Property

Steve Collins

Highland Lake Properties, LLC Brokerage Email: steve@highlandlake.net License #199600 Listed on: 03/13/2025

Last Buyer's Agent

Marcella Dean

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #167223

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • Front Green Space
  • Fenced
  • Level Lot
  • Open Lot
  • Lawn
  • Property is zoned PMUD, RC

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Great Room with Fireplace
  • Storage
  • Laundry Room
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Schools

  • Hillandale Elementary School
  • Flat Rock Middle School
  • East Henderson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Front Porch
  • Pasture

Community Details

  • Guardian Property Services Association, Phone Number (828) 388-7177
  • Hl Master Assoc Association, Phone Number (828) 692-1359
  • Built by Dylan Parris
  • Highland Lake Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9577459582

Home Details

Home Type

Single Family

Year Built

Built in 2025 | Under Construction

Lot Details

3,049 Sq Ft Lot

HOA Fees

$248 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Cottage
  • Year Built: 2025
  • Restrictions: Architectural Review,Deed,Signage
  • Proposed Completion Date: 2025-04-01
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 287.38
  • Geocode Confidence: High
  • Attribution Contact: steve@highlandlake.net
  • Special Features: 4098

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Prewire, Open Floorplan, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1152
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 901
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Hood, Gas Oven, Gas Range, Refrigerator
  • Above Grade Finished Sq Ft: 2053
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Unvented, Great Room
  • Living Area: 2053
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Fence, Lawn Maintenance
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Fiber Cement, Hardboard Siding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available, Natural Gas, Underground Power Lines, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 745
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: HL Master Assoc
  • Association Name: Guardian Property Services
  • Association Phone #2: 828-692-1359
  • Phone: 828-388-7177

Association/Amenities

  • Association Annual Expense: 2980.00

Schools

  • Middle Or Junior School: Flat Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Green Area, Level, Open Lot, Pasture
  • Lot Size Units: Acres
  • Parcel Number: 9577459582
  • Zoning: RC
  • Plat Book Slide: 13028
  • Development Status: Under Construction
  • Zoning Specification: PMUD

Building Info

  • Builder Name: Dylan Parris

MLS Schools

  • Elementary School: Hillandale
  • High School: East Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Jul 7, 2025
Sold by
Parris Dylan and Parris Stephen
Bought by
Beverage Laura E and Mcclain Daniel H
Seller's Agent
Steve Collins
Highland Lake Properties, LLC
Buyer's Agent
Marcella Dean
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$695,000
Sold Price
$590,000
Premium/Discount to List
-$105,000
-15.11%
Views
25
Current Estimated Value
$597,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,259
Avg. Annual Appreciation
1.93%

Purchase Details

Closed on
Dec 5, 2023
Sold by
Pure Gift Llc
Bought by
Parris Dylan and Parris Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2021
Sold by
Shining Star Management Llc
Bought by
Pure Gift Llc

Purchase Details

Closed on
Dec 29, 2010
Bought by
Shining Star Management Llc A Nc Llcompa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $590,000 None Listed On Document
Warranty Deed $590,000 None Listed On Document
Warranty Deed $80,000 None Listed On Document
Warranty Deed $80,000 None Listed On Document
Warranty Deed $50,000 None Available
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $58,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2025 07/17/25 Sold $590,000 +0.1% $287 / Sq Ft
05/22/2025 05/22/25 Price Changed $589,500 -7.8% $287 / Sq Ft
05/01/2025 05/01/25 Price Changed $639,500 -1.5% $311 / Sq Ft
04/03/2025 04/03/25 Price Changed $649,500 -6.5% $316 / Sq Ft
03/13/2025 03/13/25 For Sale $695,000 -- $339 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $990 $229,800 $60,000 $169,800
2024 $3 $60,000 $60,000 $0
2023 $259 $60,000 $60,000 $0
2022 $281 $50,000 $50,000 $0
2021 $281 $50,000 $50,000 $0
2020 $281 $50,000 $0 $0
2019 $281 $50,000 $0 $0
2018 $226 $40,000 $0 $0
2017 $226 $40,000 $0 $0
2016 $226 $40,000 $0 $0
2015 -- $40,000 $0 $0
2014 -- $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4233439

Canopy MLS (Canopy Realtor® Association)

APN: 1012982

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