$1,729,100
SOLD MAY 9, 2025

1471 Falcon Ridge Highlands, NC 28741

3 Beds
3 Baths
-- Sq Ft
1.9 Acres

Recently Sold

9% Below List Price

173 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • 1.9 Acre Lot
  • Fitness Center
  • View of Trees or Woods
  • Clubhouse

About This Home

As of May 2025

Privately situated on two lots totaling 1.90 acres with Rock Creek Falls traversing through this unique property. This beautiful 3 bd/3ba home features open living spaces that flow seamlessly to the large, screened porch overlooking the falls and wading pools. The sounds from the waterfall can be mesmerizing and certainly relaxing. The gourmet kitchen is open to the living and dining areas and to a side den with a gas-log fireplace. The fireplace has two sides and is open to the living room. The bridge over the waterfall leads to a path that goes to a playhouse. There are creative opportunities for the use of the playhouse overlooking the waterfall. The furniture is included, with some exceptions noted in an itemized to be provided by the seller.
The home is located in the gated community of Highlands Falls Country Club. The recreational amenities provided by the HFCC come through membership in the Club. HFCC offers golf, croquet, tennis, pickleball, swimming, and fine dining and has a very active ACBL-sanctioned bridge game twice a week. Application for membership to Highlands Falls CC is subject to approval by the HFCC Board of Directors. Membership in HFCC is not required of the homeowners in the HFCC subdivision. Highlands Falls Country Club has recently completed a significant and very successful renovation of the golf course and the clubhouse. In 2024, HFCC built a new state-of-the-art pickleball facility and a new swimming pool facility near the clubhouse.

Last Agent to Sell the Property

Joe Deckman

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 10/23/2024

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Jose Feria

RE/MAX Summit Properties

RE/MAX Summit Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,030

Year Built

  • Built in 1997

Lot Details

  • 1.9 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Screened Porch
  • Views of Woods
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Propane Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • Deck
  • Outdoor Water Feature

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 4 & 5
  • Assessor Parcel Number 7550155691

Community Details

Overview

  • Highlands Fall S Community Association
  • Highlands Falls CC Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,030

Year Built

Built in 1997

Lot Details

0

HOA Fees

$351 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.9
  • Road Surface Type: Asphalt
  • Exclusions: some furniture exclusions
  • Subdivision Name: Highlands Falls CC
  • Directions: From Highlands: Take Hwy 64 East toward Cashiers to Highlands Falls CC on right. Go through the gatehouse to the 4-way stop. Go straight to Falls Drive East and pass the tennis/pickleball courts. Continue past the Chestnut Cove condo entrance and bear right up the hill to the stop sign. Turn left onto Falcon Ridge. The Buchanan/Garrett home is on the right
  • Architectural Style: Contemporary, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1997
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Oven, Double Oven, Dryer, Dishwasher, Microwave, Propane Cooktop, Refrigerator, Trash Compactor, Wine Cooler, Water Heater, Washer
  • Has Basement: Encapsulated, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Waterfall
  • Pool Features: Community
  • Topography: Sloping
  • View: Pool, Rocks, Creek/Stream, Trees/Woods
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Water Feature
  • Foundation Details: Poured
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level, Laundry Room
  • Security: Security System, Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Private Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Pickleball, Pool, Putting Green, Tennis Court(s), Gated
  • Association Fee: 4206.0
  • Association Fee Frequency: Annually
  • Association Name: Highlands Fall s Community Association
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 82764.0
  • Parcel #: 7550155691
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4029.91
  • Tax Lot: 4 & 5
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
May 5, 2025
Sold by
Lucy M Buchanans Survivors Trust and Buchanan Lucy M
Bought by
John V Dapello Revocable Trust and Dapello
Seller's Agent
Joe Deckman
Highlands Sotheby's International Realty - DT
Buyer's Agent
Jose Feria
RE/MAX Summit Properties
List Price
$1,895,000
Sold Price
$1,729,100
Premium/Discount to List
-$165,900
-8.75%
Views
51
Current Estimated Value
$1,821,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,056
Avg. Annual Appreciation
8.44%

Purchase Details

Listed on
Oct 13, 2016
Closed on
Mar 20, 2017
Sold by
Caldwell David Christopher and Caldwell Elizabeth Watson
Bought by
Buchanan Lucy M and Lucy M Buchanans Survivors Trust
Buyer's Agent
Dorothy Swearingen
NCMountainLife.com
List Price
$785,000
Sold Price
$740,000
Premium/Discount to List
-$45,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$424,100
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Partain Ute Reinsch
Bought by
Caldwell David Christopher and Caldwell Elizabeth Watson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,729,500 None Listed On Document
Warranty Deed $740,000 None Available
Warranty Deed $610,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $424,100 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Sold $1,729,100 -8.8% --
04/14/2025 04/14/25 Pending -- -- --
10/23/2024 10/23/24 For Sale $1,895,000 +156.1% --
03/31/2017 03/31/17 Sold $740,000 -5.7% -- View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $785,000 -- --
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 $5,489 $1,368,620 $225,000 $1,143,620
2024 $4,030 $1,352,440 $225,000 $1,127,440
2023 $3,892 $1,352,440 $225,000 $1,127,440
2022 $3,892 $879,920 $225,000 $654,920
2021 $3,892 $879,920 $225,000 $654,920
2020 $3,669 $879,920 $225,000 $654,920
2018 $3,183 $858,310 $182,880 $675,430
2017 $3,183 $858,310 $182,880 $675,430
2016 $3,183 $858,310 $182,880 $675,430
2015 -- $858,310 $182,880 $675,430
2014 $2,697 $911,460 $220,450 $691,010
2013 -- $911,460 $220,450 $691,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 106269

APN: 7550155691