NOT LISTED FOR SALE

173 Lake Sequoyah Dr Highlands, NC 28741

Estimated Value: $3,314,787 - $4,614,000

4 Beds
4.5 Baths
-- Sq Ft
16.67 Acres

Last Sold August 21, 2024

Last sale price $4,614,000

Est. 8% decrease in value since last sale

Current estimated payment $23,565/month

54 Days on Market

Highlights

  • Sauna
  • View of Trees or Woods
  • 16.67 Acre Lot
  • Gated Community
  • Built-In Refrigerator
  • Community Lake

About This Home

As of August 2024

Seize the opportunity to own this unique 4-bedroom, 4.5-bath custom home, expertly crafted by renowned builder John Lupoli. Tucked away on 4.75 acres, this stunning property is adjacent to 11.95 acres that are preserved in a conservation easement, offering unparalleled privacy while being conveniently close to Highlands Country Club, The Farm at Old Edwards, and downtown Highlands. The home also features a waterfront pavilion and boat storage on Lake Sequoyah, which is just a short walk away. The home boasts a screened-in porch off the kitchen with a built-in grill and a stone wood-burning fireplace. The porch opens to a charming stone patio that is perfect for dining and entertaining. The gourmet kitchen is complemented by an adjoining butler's pantry and wet bar. In addition, two spacious private offices are on the ground floor of the house. The home is graced with 300-year-old heart pine floors, high coffered ceilings, floor-to-ceiling windows, a copper roof with copper gutters, and beautifully landscaped garden spaces. The expansive primary bedroom includes a sitting area and direct access to the stone patio, while the primary bathroom features Travertine tile and an infrared sauna. Don't miss this extraordinary property that combines luxury, privacy, and convenience in the heart of Highlands. Fireplace Features: 2 or more

Last Agent to Sell the Property

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 06/19/2024

Berkshire Hathaway HomeServices Meadows Mountain Realty

Co-Listed By

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717

Last Buyer's Agent

Steve Castellaw

Christie's International Real Estate Highlands-Cashiers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,551

Year Built

  • Built in 2003

Lot Details

  • 16.67 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Sauna
  • Views of Woods
  • Home Security System
  • Dryer

Kitchen

  • Double Oven
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Patio
  • Outdoor Fireplace

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6A
  • Assessor Parcel Number 7530641708

Community Details

Overview

  • Lake Sequoyah Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,551

Year Built

Built in 2003

Lot Details

0

HOA Fees

$388 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 16.67
  • Road Surface Type: Paved
  • Co List Office Mls Id: 14
  • Co List Office Phone: 828-526-1717
  • Subdivision Name: Lake Sequoyah
  • Directions: Take HWY 106 past HCC. Turn right on Arnold Road. Continue on Arnold Road, then go through the gate to Lake Sequoyah. Turn left on Lake Sequoyah Drive and follow to 173 Lake Sequoyah Drive on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Oven, Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Disposal, Ice Maker, Microwave, Propane Cooktop, Refrigerator, Wine Cooler, Warming Drawer, Washer
  • Has Basement: Crawl Space, Exterior Entry, Encapsulated
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Sauna, Walk-In Closet(s), Wired for Sound

Exterior Features

  • Lot Features: Cleared, Other, Rolling Slope, Wooded
  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Garden, Gas Grill
  • Patio And Porch Features: Rear Porch, Covered, Patio, Porch, Screened
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Golf Cart Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Gated Community
  • Cooling: Central Air, Humidity Control, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available

Condo/Co-op/Association

  • Community Features: Dock, Lake, Park, Water Access, Gated
  • Association Fee: 4660.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 726145.2
  • Parcel #: 7530641708
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 8551.17
  • Tax Lot: 6A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 19, 2024
Sold by
Marion R Reid Revocable Trust and Reid Robert D
Bought by
Mary B Stiles Trust and Stiles
Seller's Agent
Mitzi Rauers
Berkshire Hathaway HomeServices Meadows Mountain Realty
Buyer's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
List Price
$4,790,000
Sold Price
$4,614,000
Premium/Discount to List
-$176,000
-3.67%
Views
7
Current Estimated Value
$4,236,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$377,053
Avg. Annual Appreciation
-7.21%

Purchase Details

Closed on
Feb 23, 2017
Sold by
Reid Marion R
Bought by
Reid Marion R and Marion R Reid Revocable Trust

Purchase Details

Closed on
Aug 23, 2011
Sold by
Reid Robert D and Vandoren Kay Van
Bought by
Reid Marion R
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mary B Stiles Trust $4,614,000 None Listed On Document
Reid Marion R -- None Available
Reid Marion R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2024 08/21/24 Sold $4,614,000 -3.7% --
08/14/2024 08/14/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $4,790,000 -- --
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 $8,563 $2,472,550 $575,340 $1,897,210
2024 -- $2,920,500 $575,340 $2,345,160
2023 $8,551 $2,920,500 $575,340 $2,345,160
2022 $7,971 $1,828,700 $507,660 $1,321,040
2021 $7,971 $1,828,700 $507,660 $1,321,040
2020 $7,509 $1,828,700 $507,660 $1,321,040
2018 $6,207 $1,698,800 $454,860 $1,243,940
2017 $6,207 $1,698,800 $454,860 $1,243,940
2016 $6,207 $1,698,800 $454,860 $1,243,940
2015 $6,184 $1,698,800 $454,860 $1,243,940
2014 $6,165 $2,115,780 $801,040 $1,314,740
2013 -- $2,115,780 $801,040 $1,314,740
Source: Public Records

Agents Affiliated with this Home

  • Mitzi Rauers

    Seller's Agent in 2024

    Mitzi Rauers

    Berkshire Hathaway HomeServices Meadows Mountain Realty

    (828) 526-1717

    138 in this area

    172 Total Sales

    Mitzi Rauers
    Section Image
  • Judy Michaud

    Seller Co-Listing Agent in 2024

    Judy Michaud

    Berkshire Hathaway HomeServices Meadows Mountain Realty

    (828) 371-0730

    143 in this area

    191 Total Sales

    Judy Michaud
    Section Image

  • S

    Buyer's Agent in 2024

    Steve Castellaw

    Christie's International Real Estate Highlands-Cashiers

    (404) 281-3474

    47 in this area

    50 Total Sales

    Steve Castellaw
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 104573

APN: 7530641708

North Carolina Macon County Highlands 28741

173 Lake Sequoyah Dr, Highlands, NC

This home is located at 173 Lake Sequoyah Dr, Highlands, NC 28741 since 19 June 2024 and is currently estimated at $4,236,947. This property was built in 2003. 173 Lake Sequoyah Dr is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

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