NOT LISTED FOR SALE

199 Upper Lake Rd Highlands, NC 28741

Estimated Value: $3,102,000 - $3,600,544

4 Beds
4.5 Baths
-- Sq Ft
2.44 Acres

Last Sold April 25, 2024

Last sale price $3,155,000

Est. 5% increase in value since last sale

Current estimated payment $18,828/month

55 Days on Market

Highlights

  • Lake Front
  • Spa
  • Built-In Refrigerator
  • Docks
  • Gated Parking
  • 2.44 Acre Lot

About This Home

As of April 2024

What happens when a mountain cabin grows up? It becomes a magical showplace that retains the charm of the cabin while incorporating upscale spaces for the owner, a kitchen that would delight any cook, and lush landscaped grounds on almost two and a half acres. Located in Rhododendron Trail within an easy walk to Main Street in Highlands, the property is fenced on all sides to accommodate your furry friends. Its idyllic setting is enhanced by a tranquil lake, perfect for honing one's casting skills or simply basking in the serenity of a quiet afternoon. For those who prefer land-based pursuits, a charming pitch and putt three-hole golf practice area awaits, beckoning avid golfers to refine their skills. Meanwhile, green-thumbed enthusiasts will delight in the meticulously landscaped gardens enveloping the home, offering a sanctuary for contemplation and cultivation alike. During cool mountain evenings, a fire pit transforms into a magical haven for stargazing. The interior of this enchanting home exudes warmth and sophistication, featuring a luminous primary suite complete with a sun-drenched sunroom, a lavishly appointed bathroom, an expansive walk-in closet, and a private screened porch. Additionally, an office space adorned with a cedar closet and a convenient half bath cater to the practical needs of everyday living. Entertaining is effortless in the connected living and dining areas, flowing onto a screened porch and deck with a hot tub and grilling area. Upstairs, two cozy bedrooms with private baths and a play area await. The lower level offers a guest retreat with outside access, a family/game room, and ample storage in the two-car garage that is connected by a covered breezeway. Don't miss this wonderful home that balances practicality with charm.

Last Agent to Sell the Property

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 02/22/2024

Berkshire Hathaway HomeServices Meadows Mountain Realty

Co-Listed By

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717

Last Buyer's Agent

Joy Rideout

Berkshire Hathaway HomeServices Meadows Mountain Realty

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,695

Year Built

  • Built in 1986

Lot Details

  • 2.44 Acre Lot
  • Lake Front
  • West Facing Home
  • Lot Has A Rolling Slope
  • Garden

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking

Home Design

  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views
  • Exterior Basement Entry
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Built-In Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • Rhododendron Trail Subdivision

Listing and Financial Details

  • Tax Lot 10,11,29
  • Assessor Parcel Number 7540729279

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,695

Year Built

Built in 1986

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.44
  • Co List Office Mls Id: 14
  • Co List Office Phone: 828-526-1717
  • Subdivision Name: Rhododendron Trail
  • Directions: Highway 64 to Chestnut Street. Near the end bear left onto Big Bearpen Mountain Road. Follow to Upper Lake Road on the right. The home is just past the entrance to Rhododendron Trail (Biscuit Rock) on the right. The property is gated.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Freezer, Disposal, Gas Oven, Propane Cooktop, Refrigerator, Washer
  • Has Basement: Exterior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Outside, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Garden Tub/Roman Tub, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Level, Partially Cleared, Rolling Slope
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Stone, Wood Siding
  • Direction Faces: West
  • Exterior Features: Dock, Fire Pit, Garden, Other
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened
  • Roof: Wood

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric, Heat Pump, Other
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 106286.4
  • Parcel #: 7540729279
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 10695.41
  • Tax Lot: 10,11,29
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 25, 2024
Sold by
Coward William H and Coward Kimberly R
Bought by
Welsh Joseph and Welsh Adrienne
Seller's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
Buyer's Agent
Joy Rideout
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$3,400,000
Sold Price
$3,155,000
Premium/Discount to List
-$245,000
-7.21%
Views
79
Current Estimated Value
$3,302,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,136
Avg. Annual Appreciation
-1.23%
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
Welsh Joseph $3,155,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coward William H $999,999
Previous Owner Coward William H $475,000
Previous Owner Coward William H $500,000
Previous Owner Coward William H $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $3,155,000 -7.2% --
04/19/2024 04/19/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $3,400,000 -- --
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
2024 $10,707 $2,705,700 $808,860 $1,896,840
2023 $9,127 $2,705,700 $808,860 $1,896,840
2022 $9,127 $1,537,800 $500,000 $1,037,800
2021 $9,127 $1,537,800 $500,000 $1,037,800
2020 $8,738 $1,537,800 $500,000 $1,037,800
2018 $5,887 $1,105,760 $400,000 $705,760
2017 $5,887 $1,105,760 $400,000 $705,760
2016 $5,887 $1,105,760 $400,000 $705,760
2015 -- $1,105,760 $400,000 $705,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103747

APN: 7540729279