NOT LISTED FOR SALE

159 Falling Waters Dr Highlands, NC 28741

Estimated Value: $1,989,946 - $2,648,000

3 Beds
2.5 Baths
-- Sq Ft
27,878 Sq Ft Lot

Last Sold October 18, 2024

Last sale price $1,775,000

Est. 29% increase in value since last sale

Current estimated payment $12,441/month

351 Days on Market

Highlights

  • Gated Community
  • Deck
  • Outdoor Fireplace
  • Built-In Refrigerator
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of October 2024

Step into this enchanting and elegant English Cottage, where the soothing melody of a meandering stream is both seen and heard from the expansive covered porch. Here, you can enjoy the warmth of an outdoor fireplace on chilly nights, surrounded by towering hardwood trees painted in shades of golden and red, their colors mirrored in the tranquil waters below. The raised beds and garden spaces have been professionally landscaped to include perennial flowers, bulbs, berries, apple and pear trees as well as an established asparagus, providing you with an endless array of fresh blooms for delightful bouquets to share with friends. Nestled within a gated enclave, this sanctuary offers unmatched privacy for nature enthusiasts seeking serenity and solitude, all while being a mere 5-minute drive to Highlands bustling Main Street. The primary bedroom on the main floor pampers you with a generously sized, updated bathroom for your utmost comfort. The Viking-equipped kitchen is a culinary masterpiece, featuring quartzite countertops and a spacious island perfect for preparing meals, sipping cocktails, or engaging in lively conversations with the resident chef. Upstairs, a cozy den/sitting area invites you to dive into a good book or simply unwind, while the guest suite beckons with a luxurious bath, and a charming four-bed bunk room is sure to delight. For those who prefer to work from the comfort of their own abode, a light and bright home office stands ready to accommodate your needs. Should you yearn for a taste of the town's vibrancy, a quick drive takes you to downtown, where you can relish award-winning dining experiences, explore boutique shops, attend concerts in the park, catch performances at the PAC center, or embark on a nature adventure with only a half-mile jaunt from home to the magnificent Glen Falls. Come and revel in the pinnacle of mountain living – come home to Highlands. You will love this home and our town!

Last Agent to Sell the Property

Pat Allen

Pat Allen Realty Group Brokerage Phone: 8285268784 License #224082 Listed on: 10/22/2023

Co-Listed By

Julie Osborn

Pat Allen Realty Group Brokerage Phone: 8285268784 License #277868

Last Buyer's Agent

Julie Osborn

Pat Allen Realty Group Brokerage Phone: 8285268784 License #277868

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,208

Year Built

  • Built in 2015

Lot Details

  • 0.64 Acre Lot
  • Home fronts a stream
  • Lot Has A Rolling Slope
  • Garden

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Dryer
  • Property Views

Kitchen

  • Double Oven
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot VH3 & 3A
  • Assessor Parcel Number 7530203568

Community Details

Overview

  • Falling Waters Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,208

Year Built

Built in 2015

Lot Details

0.64 Acres

HOA Fees

$158 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Road Surface Type: Paved
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: Falling Waters
  • Directions: Traveling South on Dillard Rd, turn right onto Mountain Laurel Drive. Follow to Left onto Moonlight Lane then Right into Falling Waters. Proceed through the gates and veer Left at the split. Follow to 159 on the Left. There is additional access from Owl Gap Rd. to Falling Waters Drive.
  • Architectural Style: Bungalow, Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2015
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Oven, Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Exhaust Fan, Propane Cooktop, Washer
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Outside
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Level, Rolling Slope
  • View: Creek/Stream
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Garden, Gas Grill, Other, Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated Community
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 27878.4
  • Parcel #: 7530203568
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4208.36
  • Tax Lot: VH3 & 3A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2023
Closed on
Oct 10, 2024
Sold by
Sieg Patricia Idelle King
Bought by
Watson Keith D and Watson Elaine M
Seller's Agent
Pat Allen
Pat Allen Realty Group
Buyer's Agent
Julie Osborn
Pat Allen Realty Group
List Price
$2,200,000
Sold Price
$1,775,000
Premium/Discount to List
-$425,000
-19.32%
Views
249
Current Estimated Value
$2,292,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,982
Avg. Annual Appreciation
19.91%

Purchase Details

Closed on
Apr 20, 2021
Sold by
Ford Mark B and Ford Teresa L
Bought by
Sieg Patricia Idelle King
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 Buyer Sale Price Title Company
Watson Keith D $1,775,000 None Listed On Document
Sieg Patricia Idelle King $1,345,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $1,775,000 -4.1% --
10/09/2024 10/09/24 Pending -- -- --
07/13/2024 07/13/24 Price Changed $1,850,000 -2.6% --
04/30/2024 04/30/24 Price Changed $1,900,000 -13.6% --
10/23/2023 10/23/23 For Sale $2,200,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

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 -- $1,418,320 $284,180 $1,134,140
2024 $4,220 $1,418,320 $284,180 $1,134,140
2023 $4,208 $1,418,320 $284,180 $1,134,140
2022 $2,940 $658,660 $203,210 $455,450
2021 $2,940 $658,660 $203,210 $455,450
2020 $2,774 $658,660 $203,210 $455,450
2018 $2,411 $643,610 $134,040 $509,570
2017 $2,411 $643,610 $134,040 $509,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103213

APN: 7530203568

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