$1,625,000
SOLD JAN 30, 2026

140 Lost Trail Unit 145 Highlands, NC 28741

3 Beds
3 Baths
2,576 Sq Ft
0.8 Acres

Recently Sold

$631 Per Sq Ft

10% Below List Price

148 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Access To Lake
  • In Ground Pool
  • Mountain View

About This Home

As of January 2026

Nestled in the prestigious gated Cullasaja Club, this elegant mountain home offers comfort, luxury, and natural beauty. With three bedrooms and a smart floor plan, it’s an ideal retreat in the heart of Highlands, NC. The updated kitchen features high-end appliances and modern finishes, flowing into a grand living room with vaulted ceilings, rich wood floors, accent beams and stone fireplace. The main-level primary suite boasts high ceilings, a walk-in closet, and a private deck. The upstairs guest suite & full bath provide comfort and privacy. Designed for entertaining and relaxing, there is also a screened front porch and a front-yard fire pit. With membership approval, residents enjoy Cullasaja Club’s top-tier amenities: Arnold Palmer Signature Golf Course, tennis, croquet, pool, and lake access. Don’t miss your chance to own a slice of paradise in one of Highlands’ most sought-after communities.

Last Agent to Sell the Property

Douglas Treadwell

MOUNTAIN LIFE REAL ESTATE, LLC Brokerage Email: doug@mountainlifere.com License #298313 Listed on: 05/22/2025

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 0.8 Acre Lot
  • Level Lot
  • Hilly Lot
  • Wooded Lot

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Permanent Foundation
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens
  • French Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Propane
  • Underground Utilities
  • Propane
  • Community Well
  • Electric Water Heater
  • Private Sewer
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 7550-36-3280

Community Details

Overview

  • Cullasaja HOA, Phone Number (828) 526-2190
  • Cullasaja Club Subdivision
  • Mandatory home owners association

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

HOA Fees

$478 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1991
  • Restrictions: Architectural Review,Building,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Signage,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Contact LA for C & Rs and Architectural Guidelines
  • Second Living Quarters: None
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 630.82
  • Geocode Confidence: High
  • Attribution Contact: doug@mountainlifere.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Permanent
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2288
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 288
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Hood, Gas Cooktop, Gas Oven, Microwave, Refrigerator
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2576
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Insulated Door(s), Screen Door(s)
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2576
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Pool Features: In Ground, Outdoor Pool
  • View: Mountain(s), Winter
  • Water Body Name: Ravenel Lake
  • Waterfront Features: Boat Slip – Community, Paddlesport Launch Site - Community
  • Construction Type: Stone, Wood
  • Other Structures: None
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Baseboard, Electric, Forced Air, Heat Pump, Propane
  • Sewer: Private Sewer, Sewage Pump
  • Laundry Features: Inside, Laundry Room, Main Level
  • Security: Security Service, Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Electricity Connected, Fiber Optics, Propane, Underground Utilities
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Lake Access, Outdoor Pool, Playground, Putting Green, Tennis Court(s), Walking Trails, Other
  • Association Fee: 5739
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cullasaja HOA
  • Phone: 828-526-2190
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 5739.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Hilly, Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 7550-36-3280
  • Plat Book Slide: 6-380
  • Lot Size Acres: 0.8
  • Additional Parcels: No
  • Zoning Specification: res

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Jan 30, 2026
Sold by
Ward Mark Hinman and Kelly Garrett
Bought by
Barlow Jason W and Barlow Lori Jones
Seller's Agent
Douglas Treadwell
MOUNTAIN LIFE REAL ESTATE, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,800,000
Sold Price
$1,625,000
Premium/Discount to List
-$175,000
-9.72%
Views
904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
357.53%
Original Mortgage
$750,000
Outstanding Balance
$750,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,003,373

Purchase Details

Closed on
Oct 7, 2025
Sold by
Highlands Cashiers Hospital Foundation I
Bought by
Belva E Horvath Trust and Horvath

Purchase Details

Closed on
Jul 26, 2019
Sold by
Loos Sharon B
Bought by
Hinman-Ward Mark and Garrett-Ward Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
Sold by
Day Rickie J and Day Kathy L
Bought by
Day Rickie J and Day Kathy L

Purchase Details

Closed on
Apr 23, 2013
Sold by
Deloach Bettye and Cahill Marion
Bought by
Loos Sharon B

Purchase Details

Closed on
Oct 30, 2012
Sold by
Waters Peter B and Waters Barbara B
Bought by
Waters Peter B and Waters Barbara B

Purchase Details

Closed on
Jul 23, 2012
Sold by
Dobson William K and Dobson Bettye Y
Bought by
Cahill Bettye Deloach Marion and Dobson Mary
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 $1,625,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $385,000 --
Interfamily Deed Transfer -- None Available
Warranty Deed $385,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $308,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Sold $1,625,000 -1.5% $631 / Sq Ft
10/17/2025 10/17/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $1,650,000 -8.3% $641 / Sq Ft
05/22/2025 05/22/25 For Sale $1,800,000 -- $699 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $5,663 $1,490,304 $200,000 $1,290,304
2024 $2,924 $769,480 $150,000 $619,480
2023 $3,258 $769,480 $150,000 $619,480
2022 $3,258 $769,480 $150,000 $619,480
2021 $2,924 $769,480 $150,000 $619,480
2020 $3,012 $713,290 $150,000 $563,290
2019 $2,976 $713,290 $150,000 $563,290
2018 $2,976 $713,290 $150,000 $563,290
2017 $2,904 $713,290 $150,000 $563,290
2015 $2,695 $713,290 $150,000 $563,290
2011 -- $900,170 $155,520 $744,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4259690

Canopy MLS (Canopy Realtor® Association)

APN: 7550-36-3280

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