$2,975,000
SOLD AUG 31, 2016

131 Ravenel Point Highlands, NC 28741

5 Beds
5.5 Baths
200 Sq Ft
0.7 Acres

Recently Sold

$14,875 Per Sq Ft

10% Above List Price

20 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • Docks
  • Fitness Center
  • Built-In Refrigerator

About This Home

As of January 2024

Welcome to this newly remodeled Lupoli masterpiece on Lake Ravenel inside the gates of appealing Cullasaja Club! 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. You feel like you are floating on a yacht seeing water all around from the floor to ceiling windows. The gourmet kitchen features top-of-the-line Wolf appliances. The flowing floor plan with walls of windows draws the natural world deep into the interior. Indoor and outdoor fireplaces, expansive covered and open decks and your very own dock complete the balance of indoor/outdoor living. A flat manicured lawn and unprecedented lake view with easy access to the water is perfect for fishing, kayaking or just relaxing. Waterfront homes on flat lots are in short supply. This home needs nothing except your creative expression to add the finishing personal touches. Fireplace Features: 2 or more

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 06/06/2016

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1991

Lot Details

  • 0.7 Acre Lot
  • Home fronts a stream
  • Lake Front
  • Garden

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Crawl Space
  • Dryer

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Docks
  • Deck
  • Covered patio or porch
  • Outdoor Water Feature
  • Outdoor Fireplace

Utilities

  • Zoned Heating and Cooling
  • Private Water Source

Listing and Financial Details

  • Tax Lot 309
  • Assessor Parcel Number 7551414353

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

$3,964

Year Built

Built in 1991

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • 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 Cullasaja Club entrance and go through security gate. Follow Cullasaja Club Drive over bridge and turn right on to Ravenel Point. 131 Ravenel Point is at the end of the cul-de-sac.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1991
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Gas Oven, Ice Maker, Microwave, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room, Outside, Stone
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), 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, Stream, Deeded Access
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Dock, Garden, Water Feature
  • Patio And Porch Features: Rear Porch, Covered, Deck, Side Porch
  • Roof: Wood

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Other, See Remarks
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 3900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 30492.0
  • Parcel #: 7551414353
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3963.7
  • Tax Lot: 309
  • Tax Year: 2015

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

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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 $4,445,000 None Listed On Document
Warranty Deed $2,975,000 Attorney
Warranty Deed $910,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $810,000 Construction
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

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 84139

APN: 7551414353