NOT LISTED FOR SALE

178 Lost Trail Highlands, NC 28741

Estimated Value: $2,047,077 - $2,234,000

4 Beds
4 Baths
-- Sq Ft
1.03 Acres

Last Sold November 17, 2023

Last sale price $1,800,000

Est. 19% increase in value since last sale

Current estimated payment $12,475/month

104 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Mountain View
  • Fitness Center
  • Built-In Refrigerator
  • Community Lake

About This Home

As of November 2023

Discover the epitome of luxurious living in the prestigious Cullasaja Club. This exceptional home is poised to charm discerning buyers seeking a blend of elegance and comfort. The allure of this residence includes its outdoor spaces, featuring expansive decks on both levels with long-range mountain views. A wood burning fireplace on the screened deck provides warmth & elegance, perfect for cozy evenings. The home is nestled in an exclusive location, residents enjoy access to outstanding amenities, including a premier golf course and serene Ravenel Lake. The heart of the home lies in the kitchen, boasting custom cabinets and new stainless steel appliances, including a Bosch induction stovetop with vent system, large KitchenAid refrigerator, and top-of-the-line dishwasher. This culinary haven combines style and functionality. The living room captures grandeur with its cathedral ceiling adorned with beams & complemented by stone Fire place w/ Big Tex gas logs, adding warmth and charm to the space. The lavish primary en suite bedroom on the main level boasts a spacious walk-in closet, walk-in shower, and a charming window seat with a view. You'll also find three guest rooms, one on the main level (currently used as an office) and 2 on the lower level, plus 3 full bathrooms designed with both sophistication and practicality in mind. The lower level offers a haven for entertainment and relaxation, with a large recreation room. This versatile space invites you to indulge in various leisure activities or create a personalized media room. Whether you're entertaining guests or simply seeking tranquility, these areas provide an idyllic setting for creating cherished memories. An attached 2-car garage includes room for a golf cart, making it convenient to explore the community's amenities. This remarkable home seamlessly combines thoughtful design, luxurious amenities, and great views to redefine the notion of upscale living.

Last Agent to Sell the Property

Douglas Treadwell

Mountain Life Real Estate, LLC Brokerage Phone: 8282398814 Listed on: 07/14/2023

Last Buyer's Agent

John Sheehan

Mountain Life Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 2001

Lot Details

  • 1.03 Acre Lot
  • Steep Slope
  • Wooded Lot
  • Garden

HOA Fees

  • $472 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Wood Roof

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Mountain Views
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 189
  • Assessor Parcel Number 7550-35-3950

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,197

Year Built

Built in 2001

Lot Details

0

HOA Fees

$472 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Surface Type: Paved
  • Subdivision Name: Cullasaja Club
  • Directions: From Highlands, take 4th St/Hwy 64E for approximately 4 miles then RIGHT into Cullasaja Club on Cullasaja Club Drive. Continue for 1.5+/- mi and then LEFT onto Lost Trail. In about 0.2mi 179 will be on your RIGHT.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2001
  • Attribution Contact: 8282398814
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Electric Oven, Wine Cooler, Washer
  • Has Basement: Full, Other, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Gas Log, Gas Starter, Living Room, Masonry, Outside, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Pantry, Walk-In Closet(s), Workshop, Wired for Sound
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Partially Cleared, Steep Slope, Wooded
  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Stone
  • Exterior Features: Garden, Breezeway
  • Foundation Details: Poured
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Screened, Side Porch
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Golf Cart Garage, Garage Door Opener, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Other, Pool, Putting Green, Tennis Court(s), Gated
  • Association Fee: 5669.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 7550-35-3950
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4196.69
  • Tax Lot: 189
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Nov 6, 2023
Sold by
Reilly John Michael and Reilly Martha H
Bought by
Declaration Of Trust and Norton
Seller's Agent
Douglas Treadwell
Mountain Life Real Estate, LLC
Buyer's Agent
John Sheehan
Mountain Life Real Estate, LLC
List Price
$2,300,000
Sold Price
$1,800,000
Premium/Discount to List
-$500,000
-21.74%
Views
154
Current Estimated Value
$2,134,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,769
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Swinson Gerard Edward and Swinson Suzanne Burke
Bought by
Reilly John Michael and Reilly Martha H

Purchase Details

Closed on
Aug 30, 2016
Sold by
1024 Wilmington Investors Llc
Bought by
Swinson Gerard Edward and Swinson Suzanne Burke

Purchase Details

Closed on
Nov 17, 2009
Sold by
Schmitt Paul and Schmitt Andrea
Bought by
1024 Wilmington Investors Llc
Source: Public Records

Range of Values:

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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
Declaration Of Trust $1,800,000 None Listed On Document
Declaration Of Trust $1,800,000 None Listed On Document
Reilly John Michael $835,000 None Available
Swinson Gerard Edward -- Attorney
1024 Wilmington Investors Llc $850,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $1,800,000 -5.3% --
10/27/2023 10/27/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $1,900,000 -5.0% --
09/07/2023 09/07/23 Price Changed $2,000,000 -4.8% --
07/30/2023 07/30/23 Price Changed $2,100,000 -8.7% --
07/14/2023 07/14/23 For Sale $2,300,000 -- --
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 $8,091 $2,129,190 $200,000 $1,929,190
2024 $3,786 $996,240 $150,000 $846,240
2023 $4,197 $996,240 $150,000 $846,240
2022 $4,197 $996,240 $150,000 $846,240
2021 $3,978 $996,240 $150,000 $846,240
2020 $3,891 $922,190 $150,000 $772,190
2019 $3,844 $922,190 $150,000 $772,190
2018 $3,844 $922,190 $150,000 $772,190
2017 $3,751 $922,190 $150,000 $772,190
2015 $3,817 $922,190 $150,000 $772,190
2011 -- $1,280,030 $150,170 $1,129,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102535

APN: 7550-35-3950