$3,500,000

Estimated payment $19,746/month

Total Views 668
5 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • River View
  • Clubhouse

About This Home

Riverfront Serenity in the Heart of Cullasaja Club. Discover the best of both worlds at 115 Falls Court - a beautifully appointed riverfront residence offering remarkable privacy and tranquility while being just moments from the heartbeat of Cullasaja Club.

Set on a quiet lot along the banks of the Cullasaja River, this five-bedroom, five-full and two-half-bath home enjoys the soothing sights and sounds of the river as its natural backdrop. Yet just beyond this peaceful setting are the Club's exceptional amenities, including the new Wellness Center and Community Activity Center, Arnold Palmer-designed golf course, swimming pool, playground, croquet lawns, tennis courts and Clubhouse. It is a rare combination: close to everything that makes club life so enjoyable, yet tucked away in a setting that feels wonderfully removed.

Designed with family and guest in mind, the home offers multiple living spaces, flexible-use areas and a thoughtful floor plan spanning three levels. The gourmet kitchen opens to a spacious covered deck overlooking the river - an inviting place for morning coffee, relaxed lunches, cocktails at the end of the day or simply listening to the water below.

A generous primary suite is located on the main level, while each additional level offers another spacious suite, creating exceptional privacy for family and guests. Upstairs are two additional guest suites, a media room and thoughtfully designed office nooks that make working remotely or finding a quiet place to read effortless.

The terrace level is an entertainment destination of its own, featuring another primary suite, kitchenette, laundry, wine cellar and pool table room. With its combination of private accommodations and gathering spaces, this level is ideal for extended family, houseguests or multiple generations enjoying the mountains together.

Perhaps the greatest luxury of 115 Falls Court is its location. Within Cullasaja Club, you are close to the center of activity while coming home to the peace of the river. Beyond the gates, the property is conveniently positioned between Highlands and Cashiers, offering easy access to two of Western North Carolina's most beloved mountain communities.

At 115 Falls Court, the choice is yours: spend the day enjoying everything Cullasaja Club has to offer, venture into Highlands or Cashiers for shopping and dinner, or simply stay home, settle onto the covered deck and let the Cullasaja River provide the soundtrack.

Listing Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT License #197852 Listed on: 08/25/2026

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,045

Year Built

  • Built in 2004

Lot Details

  • 40,075 Sq Ft Lot
  • River Front
  • Lot Has A Rolling Slope
  • Garden

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Stone Fireplace
  • River Views
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Propane Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Private Sewer

Listing and Financial Details

  • Tax Lot 217
  • Assessor Parcel Number 7550177110

Community Details

Overview

  • Cullasaja Homeowners' Association
  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,045

Year Built

Built in 2004

Lot Details

0.92 Acres

HOA Fees

$502 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right at Cullasaja Club entrance and go past security gate. Follow Cullasaja Club Drive past clubhouse and turn left on to Kelsey Court, then turn right on to Falls Court. 115 Falls Court W is on the right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2004
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Indoor Grill, Microwave, Propane Cooktop, Refrigerator, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Great Room, Kitchen, Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Garden, Level, Waterfront, Rolling Slope
  • Pool Features: Community
  • Topography: Rolling
  • View: Garden, River
  • View: Yes
  • Waterfront Features: River Front, River Access, Deeded Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Garden, Private Entrance, Private Yard
  • Patio And Porch Features: Covered, Deck
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Garage, Three Car Garage, Paved

Utilities

  • Laundry Features: Main Level, Lower Level
  • Security: Gated Community, 24 Hour Security, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Fiber Optic Available, Propane, Sewer Connected, Water Connected
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Fishing, Golf, Lake, Pool, Putting Green, Tennis Court(s), Water Access, Gated
  • Association Fee: 6024.0
  • Association Fee Frequency: Annually
  • Association Name: Cullasaja Homeowners' Association
  • Association: Yes

Lot Info

  • Parcel #: 7550177110
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 8045.22
  • Tax Lot: 217
  • Tax Year: 2025

Map

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,045 $2,741,340 $250,000 $2,491,340
2025 $8,045 $2,741,340 $250,000 $2,491,340
2024 $8,045 $2,741,340 $250,000 $2,491,340
2023 $5,803 $2,741,340 $250,000 $2,491,340
2022 $5,803 $1,324,360 $150,000 $1,174,360
2021 $5,803 $1,324,360 $150,000 $1,174,360
2020 $5,468 $1,324,360 $150,000 $1,174,360
2018 $5,086 $1,387,040 $250,000 $1,137,040
2017 $5,086 $1,387,040 $250,000 $1,137,040
2016 $5,086 $1,387,040 $250,000 $1,137,040
2015 $5,063 $1,387,040 $250,000 $1,137,040
2014 $4,886 $1,671,510 $240,570 $1,430,940
2013 -- $1,671,510 $240,570 $1,430,940
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2026 08/25/26 For Sale $3,500,000 +382.8% --
09/28/2012 09/28/12 Sold $725,000 -37.0% -- View Prior Sale
07/30/2012 07/30/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $1,150,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Limited Warranty Deed $725,000 None Available
Trustee Deed $747,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Open $337,500 New Conventional
Closed $100,000 Undefined Multiple Amounts
Closed $415,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1004002

APN: 7550177110

Your Personal Tour Guide

Ask me questions while you tour the home.