NOT LISTED FOR SALE

1139 Cullasaja Dr Highlands, NC 28741

Estimated Value: $1,732,000 - $2,368,000

4 Beds
3.5 Baths
-- Sq Ft
0.89 Acres

Last Sold May 10, 2024

Last sale price $1,525,000

Est. 29% increase in value since last sale

Current estimated payment $10,655/month

113 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Wooded Lot
  • Sauna
  • Deck
  • Vaulted Ceiling

About This Home

As of May 2024

Positioned in the heart of Mirror Lake, walking distance to the Highlands Greenway Trail System and downtown; a private dock on Mirror Lake, with an easy canoe trip to the Mirror Lake Bridge and beyond. What's not to like? Inside is where the magic happens. "Move in ready"! In this recently custom-constructed residence everything is new and well maintained. A modern-mountain feel that flows well for owners and guests alike with a vaulted open family room, large kitchen, dining area and a screened-in porch with fireplace serves as the centerpiece of the home and central gathering area. The main floor Primary Bedroom & Bath is very private with complimentary guest suites across the hall. The lower level provides an additional large living area built for family fun and parties! A sauna, expansive family-media-gaming room to rally the parties and watch some football. Plus, a hide-a-way "mountain cave" sleeping area and full bathroom make it the perfect spot for a mother-in-law! Buyers who aspire for an Income Producing Rental Property will most likely flock to this one due to a robust revenue history. Located in an R2 Zone, 1366 Cullasaja is "grandfathered in" with the current STR regulations, so the rental opportunity transfers with the property if your inclined. The Designer furnishings, case goods, upholstered pieces, and some artwork will convey with purchase. The real fun starts outside, with an abundance of decks, the aforementioned screened porch with fireplace (perfect for your afternoon siesta), and the beautiful walk across Cullasaja Drive to Mirror Lake. Bring one bring all! You will be glad you did.

Last Agent to Sell the Property

Patrick Gleeson

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8284825022 Listed on: 12/31/2023

Christie's International Real Estate Highlands-Cashiers

Co-Listed By

Deborah Gleeson

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8284825022

Last Buyer's Agent

CARL ROMBERG

Christie's International Real Estate Highlands-Cashiers License #289175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 2019

Lot Details

  • 0.89 Acre Lot
  • Lake Front
  • North Facing Home
  • Steep Slope
  • Wooded Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Sauna
  • Lake Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cullasaja Heights Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 8C
  • Assessor Parcel Number 7540253673

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,525

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.89
  • Road Surface Type: Paved
  • Water Body Name: Mirror Lake
  • Co List Office Mls Id: 395
  • Co List Office Phone: 828-482-5022
  • Subdivision Name: Cullasaja Heights
  • Directions: Leave downtown Highlands, and take the "Cashiers Road" (Hwy 64 East) a short distance and take a LEFT on Foreman Rd. Stay on Foreman Rd. to the very end and turn RIGHT on Cullasaja Drive. Wind around the lake to 1139 on your right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2019
  • Attribution Contact: 8284825022
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Finished, Heated, Other, Bath/Stubbed, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, Outside, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Pantry, Sauna, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Steep Slope, Wooded
  • View: Lake, Creek/Stream
  • View: Yes
  • Waterfront Features: Lake
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Frame, Wood Siding
  • Direction Faces: North
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck, Enclosed, Front Porch, Porch, Screened, Side Porch, Balcony
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, Other, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Multi-Fuel
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Trails/Paths
  • Association: No

Lot Info

  • Lot Size Sq Ft: 38768.4
  • Parcel #: 7540253673
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4524.83
  • Tax Lot: 8C
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Scott Lynn James
Bought by
Russell Richard B
Current Estimated Value
$1,964,639

Purchase Details

Listed on
Dec 31, 2023
Closed on
May 9, 2024
Sold by
Jlt Cabins Llc
Bought by
Lynn James Scott
Seller's Agent
Patrick Gleeson
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
CARL ROMBERG
Christie's International Real Estate Highlands-Cashiers
List Price
$1,795,000
Sold Price
$1,525,000
Premium/Discount to List
-$270,000
-15.04%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
Apr 9, 2018
Sold by
Johnson Ellen Spencer and Johnson William Michael
Bought by
Jlt Cabins Llc
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Russell Richard B $1,550,000 None Listed On Document
Lynn James Scott $1,525,000 None Listed On Document
Jlt Cabins Llc $125,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $1,525,000 -5.6% --
04/04/2024 04/04/24 Price Changed $1,615,000 -4.2% --
02/10/2024 02/10/24 Price Changed $1,685,000 -6.1% --
01/01/2024 01/01/24 For Sale $1,795,000 -- --
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 $5,431 $1,379,740 $296,370 $1,083,370
2024 $4,537 $1,357,380 $296,370 $1,061,010
2023 $3,587 $1,128,760 $296,370 $832,390
2022 $3,587 $593,160 $124,960 $468,200
2021 $3,587 $593,160 $124,960 $468,200
2020 $3,437 $593,160 $124,960 $468,200
2018 $792 $151,150 $151,150 $0
2017 $792 $151,150 $151,150 $0
2016 $792 $151,150 $151,150 $0
2015 $792 $151,150 $151,150 $0
2014 $822 $187,700 $187,700 $0
2013 -- $187,700 $187,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103489

APN: 7540253673