$1,650,000
$250K PRICE DROP

140 Lost Trail Highlands, NC 28741

Estimated payment $9,684/month

Total Views 96,042
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Screened Porch
  • Deck
  • Wood Flooring
  • Fire Pit

About This Home

Nestled within the prestigious gated community of the Cullasaja Club, this exquisite mountain home offers an unparalleled blend of elegance, comfort, and natural beauty. Featuring three spacious bedrooms and a thoughtfully designed floor plan, this residence is perfect for those seeking a serene retreat in the heart of Highlands, NC.

The recently updated kitchen boasts modern finishes and high-end appliances, seamlessly flowing into the grand living room with soaring vaulted ceilings, rich wood flooring, and striking accent beams. A magnificent stone fireplace serves as the focal point, creating a warm and inviting ambiance.

The first-floor primary suite is a private oasis, complete with vaulted ceilings, a generous closet, and a private deck, offering a tranquil space to enjoy the breathtaking mountain surroundings. Upstairs, the second-floor guest suite serves as the perfect third bedroom, complete with its own full bath, ensuring privacy and comfort.

Designed for both relaxation and entertainment, the home features a screened front porch, ideal for savoring crisp mountain air year-round, while a firepit in the front yard sets the stage for unforgettable evenings under the stars.

Residents of Cullasaja Club enjoy access (with membership approval) to world-class amenities, including the Arnold Palmer Signature Golf Course, tennis courts, croquet, swimming, and stocked lakes for canoeing and fishing. Whether seeking an active lifestyle or a peaceful escape, this home embodies mountain luxury at its finest.

Don’t miss this rare opportunity to own a piece of paradise in one of Highlands’ most sought-after communities

Listing Agent

Douglas Treadwell

Mountain Life Real Estate, LLC Listed on: 03/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 1991

Lot Details

  • 0.8 Acre Lot
  • Gated Home
  • Sloped Lot

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Propane Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • Deck
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Propane
  • Private Sewer

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 7550-36-3280

Community Details

Overview

  • Cullasaja HOA
  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Trails

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,968

Year Built

Built in 1991

Lot Details

0

HOA Fees

$478 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Cullasaja Club
  • Directions: From Highlands, take Highway 64E/4th Street for approximately 4 miles, then RIGHT into the entrance to Cullasaja. Once through the gate, continue for approximately 1.5 miles, then LEFT onto Lost Trail. The house will be on your LEFT in about 1/10 of a mile.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1991
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Microwave, Propane Cooktop, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood

Exterior Features

  • Lot Features: Near Golf Course, Gentle Sloping
  • Topography: Sloping
  • Construction Type: Frame
  • Exterior Features: Fire Pit
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Laundry Features: Main Level, Laundry Room
  • Cooling: Central Air, Ceiling Fan(s), Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Fiber Optic Available, High Speed Internet Available, Propane, Sewer Connected, Water Connected
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Lake, Trails/Paths
  • Amenities: Gated, Other, Security, Trail(s)
  • Association Fee: 5739.0
  • Association Fee Frequency: Annually
  • Association Name: Cullasaja HOA
  • Association: Yes

Lot Info

  • Parcel #: 7550-36-3280
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4968.49
  • Tax Lot: 145
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $1,650,000 -8.3% --
03/28/2025 03/28/25 Price Changed $1,800,000 -5.3% --
03/12/2025 03/12/25 For Sale $1,900,000 +393.5% --
07/26/2019 07/26/19 Sold $385,000 -22.8% $149 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
08/24/2018 08/24/18 For Sale $499,000 +29.6% $194 / Sq Ft
04/23/2013 04/23/13 Sold $385,000 -9.4% $149 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $425,000 -- $165 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
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 $308,000 New Conventional
Source: Public Records

About the Listing Agent

Douglas Treadwell

Mountain Life Real Estate, LLC

(828) 809-0646

Section Image

Meet Doug Treadwell, a distinguished real estate broker specializing in luxury homes. With over 40 years of experience, Doug is renowned for his unwavering commitment to customer and client satisfaction. His expertise lies in market analysis and listing high-end properties, ensuring each client finds the perfect lifestyle match. Doug's dedication and profound industry knowledge make him the ideal partner for all your luxury real estate needs.

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Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1000234

APN: 7550-36-3280