NOT LISTED FOR SALE

1359 Flat Mountain Rd Highlands, NC 28741

Estimated Value: $1,875,000 - $8,627,431

9 Beds
8.5 Baths
3,070 Sq Ft
$1,710/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $1,950,000 $635 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $28,387/month

216 Days on Market

Highlights

  • Lake Front
  • Spa
  • Sauna
  • Docks
  • Home fronts a pond
  • 28.48 Acre Lot

About This Home

As of December 2019

This home is very unique. Joe Webb inspired and built by Tommy Chambers, a well-known cabin builder in Highlands. This was his creation to raise his family. Main house has 5 bedrooms each with a full bath, and some with their own stone wood burning fireplace. The fifth bedroom adjoins the main house but has a separate entrance, full kitchen, living room, bathroom, loft, and can be used or rented out for income. The salt water pool is unique to the market and is crafted beautifully with stone along with the huge hot tub. The yard is fit for a wedding or a family gathering. The pond is ready for fishing, swimming, canoeing, anything you desire. Rent out the two other cabins or just send the kids or guest over for their own privacy along with their own private ponds and hot tubs. There is a building that was once used as an office to run Tommy's business out of and can be converted easily to another guest overflow. This home is a perfect investment for your family, a B & B, wedding venue, the possibilities are endless. The location only adds to the pro list being in between Highlands and Cashiers.

Last Agent to Sell the Property

Emily Chastain

John Cleaveland Realty Brokerage Phone: 8285262520 Listed on: 03/20/2019

Last Buyer's Agent

Pam Nellis

Christie's International Real Estate Highlands-Cashiers License #195159

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1979

Lot Details

  • 28.48 Acre Lot
  • Home fronts a pond
  • Lake Front

Property Views

  • Lake
  • Pond

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Sauna
  • Wood Flooring
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Docks
  • Balcony
  • Porch

Utilities

  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Flat Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7541029118

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,889

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 28.48
  • Subdivision Name: Flat Mountain
  • Directions: Take Hwy 64 towards Cashiers, Flat Mountain will be on your left, Stay right after bridge and driveway will be on your right. To get to the other two cabins on the property take Myrtle Speed Rd. and stay left on rd. Follow Real Estate company signs.
  • Architectural Style: Log Home, Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1979
  • Attribution Contact: 8285262520
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Oven, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace Features: Den, Living Room, Masonry, Other, Wood Burning, Wood BurningStove
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island, Other, Pantry, Sauna, Walk-In Closet(s)

Exterior Features

  • Lot Features: Other, Pond on Lot
  • View: Lake, Other, Pond
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Construction Type: Log
  • Exterior Features: Balcony, Dock, Other
  • Other Structures: Barn(s), Guest House, Residence, Shed(s), Workshop
  • Patio And Porch Features: Rear Porch, Front Porch, Other, Porch, Balcony
  • Roof: Metal

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1240588.8
  • Parcel #: 7541029118
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3888.99
  • Tax Lot: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Shutze Christopher Edward and Shutze Margaret
Bought by
Flat Mountain Farm Holdings Llc
Current Estimated Value
$5,251,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2019
Sold by
Chambers Vickie H
Bought by
Chambers Walter Spencer and Chambers Samuel Norton
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Flat Mountain Farm Holdings Llc $9,000,000 None Listed On Document
Chambers Walter Spencer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Flat Mountain Farm Holdings Llc $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $1,950,000 -22.0% $635 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $2,500,000 -- $814 / 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
2025 $10,160 $4,142,830 $1,157,020 $2,985,810
2024 $9,607 $4,142,830 $1,157,020 $2,985,810
2023 $8,684 $3,951,560 $1,157,020 $2,794,540
2022 $7,105 $2,026,160 $597,660 $1,428,500
2021 $6,425 $1,969,220 $597,660 $1,371,560
2020 $4,238 $1,544,250 $597,660 $946,590
2018 $3,889 $1,638,570 $765,660 $872,910
2017 $0 $1,638,570 $765,660 $872,910
2016 $3,889 $1,638,570 $765,660 $872,910
2015 $3,843 $1,638,570 $765,660 $872,910
2014 $2,834 $3,002,750 $2,232,830 $769,920
2013 -- $3,002,750 $2,232,830 $769,920
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 90412

APN: 7541029118