NOT LISTED FOR SALE

120 Rainwater Point Topton, NC 28781

Estimated Value: $1,674,000 - $1,871,480

4 Beds
5.5 Baths
4,850 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $1,508,000 $311 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,731/month

445 Days on Market

Highlights

  • Lake Front
  • Custom Home
  • Recreation Room
  • Spa
  • Deck
  • Cathedral Ceiling

About This Home

As of July 2022

Exceptional custom built, lakefront luxury log home, nestled ceremoniously on Lake Nantahala, speaks quality throughout with top of the line furnishings and accents to make you feel like royalty from the time you walk in the door. You'll be greeted with a beautiful foyer complete with log posts and stone flooring, welcoming you to the home. Gorgeous stone fireplaces, stunning reclaimed wide plank barn wood floors, gourmet kitchen with stainless steel appliances, 4 bedrooms, 5 1/2 bath, office, 2 bonus rooms and beautiful lake and mountain views! 40K W full home generator w/1000 gal propane tank, 2-80 Gal recirculating hot water heaters, security system, whole home audio, full home intercom system. Year round lake water, private dock, jet ski dock, gazebo, beach area, fire pit, 8 person hot tub overlooking the lake...and much much more!

Last Agent to Sell the Property

Christy Mitchell

Berkshire Hathaway Homeservices-Great Smokys Brokerage Phone: 8284882200 Listed on: 03/03/2021

Berkshire Hathaway Homeservices-Great Smokys

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,307

Year Built

  • Built in 2006

Lot Details

  • 0.54 Acre Lot
  • Lake Front
  • Open Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 4,850 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Lake Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround
  • Spa Bath

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Access To Lake
  • Deck

Utilities

  • Dehumidifier
  • Ductless Heating Or Cooling System
  • Central Air
  • Heating System Powered By Leased Propane
  • Power Generator
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Little Choga Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6505356290

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,307

Year Built

Built in 2006

Lot Details

0.54 Acres

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Little Choga
  • Directions: From Junaluska Road turn onto Little Choga Road. Go approx. 3 miles and turn right on Old Lodge Road. Turn left on Indian Lake Road, turn right onto Rainwater Point and follow to the house on the left.
  • Architectural Style: Log, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2006
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Spa Features: Bath, Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Dryer, Microwave, Washer, Electric Oven/Range, Other-See Remarks
  • Other Equipment: Dehumidifier, Satellite Dish, Generator
  • Has Basement: Full, Recreation/Game Room, Finished, Exterior Entry, Finished Bath, Other, Heated, Interior Entry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Basement, Wood Burning, Gas Log, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Other-See Remarks
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Primary on Main Level, Breakfast Bar, Large Master Bedroom, Ceramic Tile Bath, Kitchen Island, Other, Cathedral/Vaulted Ceiling, Kitchen/Dining Room, Primary w/Ensuite, Rec/Game Room
  • Living Area: 4850
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 240
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 168.7
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 182
  • Room Living Room Area: 338.3842
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 21
  • Room Master Bedroom Area: 336

Exterior Features

  • Lot Features: Open Lot, Elevation over 3000, Other-See Remarks
  • View: Lake, Water, Short Range View
  • View: Yes
  • Waterfront Features: Lake, Lake Access, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck, Screened Porch/Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Attached, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Electric, Ductless
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 23522.4
  • Parcel #: 6505356290
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3307.01
  • Tax Book Number: U-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jul 11, 2022
Sold by
Alan Weil Bruce and Alan Leslie
Bought by
Gordon David and Gordon Catherine Ann
Seller's Agent
Christy Mitchell
Berkshire Hathaway Homeservices-Great Smokys
Buyer's Agent
Board Member Non
List Price
$1,508,000
Sold Price
$1,508,000
Current Estimated Value
$1,802,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,870
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,206,400
Outstanding Balance
$1,141,122
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$661,748

Purchase Details

Closed on
Mar 16, 2020
Sold by
Well Bruce Alan
Bought by
Weil Bruce Alan and Weil Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Smith Christopher D and Smith Lisa C
Bought by
Weil Bruce Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
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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
Gordon David $1,508,000 None Listed On Document
Weil Bruce Alan -- None Available
Weil Bruce Alan $285,000 None Available
Weil Bruce Alan $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon David $1,206,400
Previous Owner Weil Bruce Alan $406,500
Previous Owner Weil Bruce Alan $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $1,508,000 0.0% $311 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
03/03/2021 03/03/21 For Sale $1,508,000 -- $311 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $4,807 $1,463,260 $250,000 $1,213,260
2024 $4,807 $1,463,260 $250,000 $1,213,260
2023 $3,499 $1,463,260 $250,000 $1,213,260
2022 $3,499 $716,140 $200,000 $516,140
2021 $3,499 $720,640 $200,000 $520,640
2020 $3,317 $720,640 $200,000 $520,640
2018 $3,578 $842,700 $300,000 $542,700
2017 $3,578 $842,700 $300,000 $542,700
2016 $3,568 $840,200 $300,000 $540,200
2015 $3,545 $840,200 $300,000 $540,200
2014 $4,036 $1,216,090 $550,000 $666,090
2013 -- $1,216,090 $550,000 $666,090
Source: Public Records

Agents Affiliated with this Home

  • Christy Mitchell

    Seller's Agent in 2022

    Christy Mitchell

    Berkshire Hathaway Homeservices-Great Smokys

    (843) 409-1006

    1 in this area

    143 Total Sales

    Christy Mitchell
    Section Image

  • B

    Buyer's Agent in 2022

    Board Member Non

See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26018705

APN: 6505356290

North Carolina Macon County Topton 28781

120 Rainwater Point, Topton, NC

Not Listed for Sale

Detached

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