NOT LISTED FOR SALE

184 Bearing Tree Way Unit 9 Sylva, NC 28779

Estimated Value: $4,094,000 - $5,132,000

4 Beds
7 Baths
5,200 Sq Ft
$866/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $4,100,000 $788 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $26,434/month

250 Days on Market

Highlights

  • Building Helipad
  • Equestrian Center
  • 2.19 Acre Lot
  • Golf Course Community
  • Fitness Center
  • Open Floorplan

About This Home

As of April 2023

This French Chateau inspired custom home is one of the most incredible examples of fine architecture and exquisite craftsmanship at Balsam Mountain Preserve. It was built by Morgan-Keefe, one of the preeminent builders in all of Western North Carolina. This home is in a premier location within Balsam, close to all of the amenities. The homestead offers amazing privacy, gorgeous mountain views and a gentle fenced yard. This home has been extensively renovated to be light and bright and modern while maintaining all the old world charm. The four ensuite bedrooms are all very spacious and provide an elegant retreat for friends and family. There are multiple places to entertain including a huge screened in porch with fireplace and outdoor kitchen and a secret wine room! Most furnishings can be purchased separately to make this a turn key mountain dream home. Balsam Mountain Preserve is a private 4,400 acre club community with 3,200 acres of conservation land and completed amenities.

Last Listed By

Sean McLaughlin

BMP David Sothworth Real Estate LLC Brokerage Email: smclaughlin@balsammountain.com License #257962 Listed on: 05/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,885

Year Built

  • Built in 2005

Lot Details

  • 2.19 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $558 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • European Architecture
  • Old World Architecture
  • Slate Roof
  • Wood Siding
  • Stone Siding
  • Radon Mitigation System

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Sound System
  • Cathedral Ceiling
  • Ceiling Fan
  • Propane Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Indoor Grill
  • Range Hood
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen

Schools

  • Scotts Creek Elementary And Middle School
  • Smoky Mountain High School

Horse Facilities and Amenities

  • Equestrian Center
  • Riding Trail

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Heating System Uses Propane
  • Power Generator
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7672-11-7933
  • Tax Block PH 1

Community Details

Overview

  • Balsam Mountain Community Association, Phone Number (828) 354-0265
  • Balsam Mountain Preserve Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Building Helipad
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,885

Year Built

Built in 2005

Lot Details

0

HOA Fees

$558 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Old World
  • Year Built: 2005
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Upper Level Garage
  • Road Surface Type: Asphalt, Cobblestone, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 683.33
  • Attribution Contact: smclaughlin@balsammountain.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cathedral Ceiling(s), Central Vacuum, Computer Niche, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3600
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 860
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 860
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1250
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Exhaust Fan, Exhaust Hood, Freezer, Indoor Grill, Microwave, Plumbed For Ice Maker, Propane Water Heater, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Other Equipment: Generator, Surround Sound
  • Above Grade Finished Sq Ft: 4850
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 350
  • Fireplace Features: Gas Log, Living Room, Outside, Porch, Propane
  • Living Area: 5200
  • Bedroom Main: 1
  • Room Count: 19
  • Sq Ft Other: 0
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Outdoor Kitchen
  • New Construction: No
  • Roof: Slate
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Features: None
  • Waterfront Elevation: 3500
  • Construction Type: Stone, Wood
  • Patio And Porch Features: Covered, Patio, Rear Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 835
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Geothermal, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Security: Radon Mitigation System, Security Service, Security System
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Propane, Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Helipad, Outdoor Pool, Picnic Area, Tennis Court(s), Walking Trails, Other
  • Association Fee: 1675
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Balsam Mountain Community Association
  • Phone: 828-354-0265
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly
  • Association Email: tjones@balsammountainca.org

Association/Amenities

  • Association Annual Expense: 6700.00

Schools

  • Middle Or Junior School: Scotts Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Rolling Slope, Sloped, Wooded
  • Lot Size Area: 2.19
  • Lot Size Units: Acres
  • Parcel Number: 7672-11-7933
  • Zoning: RES
  • Plat Book Slide: 16/309
  • Plat Reference Section Pages: 11/345
  • Horse Amenities: Equestrian Facilities, Riding Trail
  • Lot Size Acres: 2.19
  • Lot Size Sq Ft: 95396
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 1

Tax Info

  • Tax Block: PH 1

MLS Schools

  • Elementary School: Scotts Creek
  • High School: Smoky Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Haefner Michael E and Haefner Christine H
Bought by
Haefner Family Trust and Haefner
Total Days on Market
250
Current Estimated Value
$4,503,753

Purchase Details

Listed on
May 16, 2022
Closed on
Apr 11, 2023
Sold by
Evanovich Peter J and Evanovich Janet
Bought by
Haefner Michael E and Haefner Christine H
Seller's Agent
Sean McLaughlin
BMP David Sothworth Real Estate LLC
Buyer's Agent
Molly Mcnichols
Carolina Mountain Sales
List Price
$5,500,000
Sold Price
$4,100,000
Premium/Discount to List
-$1,400,000
-25.45%
Views
265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 27, 2018
Sold by
Hauser Family Founation
Bought by
Evanovich Peter J and Evanovich Janet
Seller's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
Buyer's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
List Price
$3,200,000
Sold Price
$2,700,000
Premium/Discount to List
-$500,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Dec 29, 2015
Sold by
Hauser Patricia E
Bought by
Hauser Family Foundation Inc

Range of Values:

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Average Value
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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
Haefner Family Trust -- None Listed On Document
Haefner Michael E $4,100,000 None Listed On Document
Evanovich Peter J $2,700,000 --
Hauser Family Foundation Inc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $4,100,000 -8.8% $788 / Sq Ft
09/28/2022 09/28/22 Price Changed $4,495,000 -18.3% $864 / Sq Ft
05/16/2022 05/16/22 For Sale $5,500,000 +103.7% $1,058 / Sq Ft
06/28/2018 06/28/18 Sold $2,700,000 -15.6% $490 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/08/2017 05/08/17 For Sale $3,200,000 -- $581 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2024 $10,885 $2,864,520 $300,000 $2,564,520
2023 $11,025 $2,864,520 $300,000 $2,564,520
2022 $11,025 $2,864,520 $300,000 $2,564,520
2021 $10,478 $2,757,420 $300,000 $2,457,420
2020 $7,608 $1,974,570 $300,000 $1,674,570
2019 $7,608 $1,974,570 $300,000 $1,674,570
2018 $7,608 $1,974,570 $300,000 $1,674,570
2017 $7,411 $1,974,570 $300,000 $1,674,570
2015 $6,865 $1,974,570 $300,000 $1,674,570
2011 -- $2,414,190 $400,000 $2,014,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3860959

Canopy MLS (Canopy Realtor® Association)

APN: 7672-11-7933