NOT LISTED FOR SALE

131 Ravenel Point Highlands, NC 28741

Estimated Value: $4,350,000 - $4,695,000

5 Beds
5.5 Baths
200 Sq Ft
$22,559/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $4,950,000 $24,750 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $26,488/month

43 Days on Market

Highlights

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

About This Home

As of January 2024

This estate is sited on a beautiful peninsula on Lake Ravenel inside the secure gates of Cullasaja Club. The home was completely remodeled by John Lupoli in 2016, the area's premier builder. The large floor to ceiling windows bathes the home in natural light and draws the natural world deep into the interior. One of the most fascinating aspects of waterfront living is the proximity to the water that inevitably affects life in the home, creating a unique offering and making it a distinctive lifestyle. The proximity of this modern mountain home could not be any closer to the water. Indoor and outdoor fireplaces, expansive covered and open decks and your very own dock complete the balance of indoor/outdoor living. In addition to the luxurious primary suite on the main level with heated floors in the spa bathroom, two large closets and full size washer and dryer, there are two spacious guest suites on the main level with two additional guest suites on the upper level with a bonus area. A flat manicured lawn with a fire pit and waterfall feature offers an unprecedented lake view with easy access to the water perfect for fishing, kayaking or just relaxing. A large hot tub and outdoor shower provides an exceptional experience to unwind after a day of golf, fitness, tennis, croquet, or swimming. With an additional lot over 1.5 acres, the rhododendron arched walking trails lead to a Robinson Crusoe gazebo on the edge of the lake. Upon acceptance and payment of the initiation fee, you can enjoy the plethora of amenities that Cullasaja Club has to offer. Conveniently located halfway between the quaint town of Highlands and the village of Cashiers, visiting the world class shops, art galleries, the Bascom Regional Art Center, the Performing Arts Center and five star restaurants is ten minutes from your door. Waterfront homes on flat lots are in short supply. Do not miss this incredible opportunity to own this exceptional piece of paradise. Golf cart and boat included.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 10/20/2023

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 10/20/2023

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,224

Year Built

  • Built in 1994

Lot Details

  • 1.48 Acre Lot
  • Lake Front
  • Garden

HOA Fees

  • $891 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Covered patio or porch
  • Outdoor Water Feature
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 308 & 309
  • Assessor Parcel Number 7551414353 & 7551414129

Community Details

Overview

  • 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

$9,224

Year Built

Built in 1994

Lot Details

0

HOA Fees

$891 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.48
  • Road Surface Type: Paved
  • Water Body Name: Lake Ravenel
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right at entrance to Cullasaja Club and go past security gate. Follow Cullasaja Club Drive past bridge and turn right on Ravenel Point. 131 Ravenel Point is at the end of the cul-de-sac on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1994
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Ice Maker, Microwave, Wine Cooler, Washer
  • Has Basement: Crawl Space, Exterior Entry, Concrete
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound

Exterior Features

  • Lot Features: Level
  • Pool Features: Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Dock, Fire Pit, Garden, Water Feature
  • Other Structures: Gazebo
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Side Porch
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Car Garage, Golf Cart Garage

Utilities

  • Security: Security System, Gated Community
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Pool, Putting Green, Tennis Court(s), Trails/Paths, Water Access, Gated
  • Association Fee: 10692.95
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 64468.8
  • Parcel #: 7551414353 & 7551414129
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 9223.83
  • Tax Lot: 308 & 309
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Sam L Scalise Revocable Trust and Scalise Sam L
Bought by
Brown David L and Brown Patricia
Current Estimated Value
$4,511,852

Purchase Details

Listed on
Jun 6, 2016
Closed on
Aug 26, 2016
Sold by
Lupoli John R and Lupoli Anita S
Bought by
Carrig Kenneth J and Carrig Elizabeth M
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$2,695,000
Sold Price
$2,975,000
Premium/Discount to List
$280,000
10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%

Purchase Details

Listed on
Jul 23, 2014
Closed on
Sep 30, 2014
Sold by
Weaver Herbert B and Kenreich Holly W
Bought by
Lupoli John
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$995,000
Sold Price
$910,000
Premium/Discount to List
-$85,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.33%
Original Mortgage
$810,000
Interest Rate
4.17%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 27, 2012
Sold by
Weaver Herbert B
Bought by
Weaver Herbert B Jr Tr
Source: Public Records

Range of Values:

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List Price
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 Buyer Sale Price Title Company
Brown David L $4,445,000 None Listed On Document
Carrig Kenneth J $2,975,000 Attorney
Lupoli John $910,000 None Available
Weaver Herbert B Jr Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lupoli John $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $4,950,000 -0.9% $24,750 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $4,995,000 +67.9% $24,975 / Sq Ft
08/31/2016 08/31/16 Sold $2,975,000 +10.4% $14,875 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $2,695,000 +196.2% $13,475 / Sq Ft
10/01/2014 10/01/14 Sold $910,000 -8.5% $4,550 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $995,000 -- $4,975 / Sq Ft
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
2024 -- $450,000 $450,000 $0
2023 $7,289 $3,194,050 $450,000 $2,744,050
2022 $7,289 $1,666,960 $450,000 $1,216,960
2021 $7,289 $1,669,960 $450,000 $1,219,960
2020 $6,866 $1,669,960 $450,000 $1,219,960
2018 $6,111 $1,645,600 $550,000 $1,095,600
2017 $0 $1,645,600 $550,000 $1,095,600
2016 $4,510 $1,200,760 $550,000 $650,760
2015 $3,964 $1,200,760 $550,000 $650,760
2014 $5,970 $2,023,070 $765,450 $1,257,620
2013 -- $2,023,070 $765,450 $1,257,620
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Josephine Lovell

    Highlands Sotheby's International Realty - DT

    (828) 226-6303

    135 in this area

    169 Total Sales

    Josephine Lovell
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103199

APN: 7551414353

North Carolina Macon County Highlands 28741

131 Ravenel Point, Highlands, NC

This home is located at 131 Ravenel Point, Highlands, NC 28741 since 20 October 2023 and is currently estimated at $4,511,852, approximately $22,559 per square foot. This property was built in 1994. 131 Ravenel Point is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

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