NOT LISTED FOR SALE

221 Lake Osseroga Dr Highlands, NC 28741

Estimated Value: $2,365,000 - $3,563,481

3 Beds
6 Baths
3,501 Sq Ft
$818/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $3,000,000 $857 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $16,548/month

30 Days on Market

Highlights

  • Lake Front
  • Spa
  • Gated Community
  • Docks
  • RV Access or Parking
  • Built-In Refrigerator

About This Home

As of May 2022

Ideally located between Highlands and Cashiers, Lake Osseroga is a small idyllic lakeside community with streams, waterfalls and ponds. This home features its own waterfront pavilion, dock, boat storage and spectacular southerly views across the lake. The virtually flat lot is beautifully landscaped with ample parking for guests. Upon entering through the expansive front porch and into the loggia, you will be immediately be charmed by the amazing character and charm of the home highlighted by its 9 inch wide antique pine floors. The open living space features soaring cathedral ceilings with "post and beam" construction, kitchen with massive island, dining area and expansive living area with stone fireplace and lake views. There is a cozy library/den clad in rough-hewn antique logs with a stone fireplace and built in bookshelves. The main level primary bedroom suite is very spacious with two large walk-in closets, two beautifully appointed bathrooms, and opens to the covered porch with lake view. This porch has a stone fireplace and adjoins the open deck with hot tub and access to the lake path. Upstairs are two very large guest bedroom suites. There is an attached oversized double garage with a bonus space above currently used as an office. This space could be converted to a fourth bedroom suite.

Last Agent to Sell the Property

Doug Helms

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285260000 Listed on: 03/14/2022

Co-Listed By

Clif Gottwals

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285260000

Last Buyer's Agent

Terry Potts

Country Club Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,753

Year Built

  • Built in 2003

Lot Details

  • 0.64 Acre Lot
  • Lake Front
  • East Facing Home
  • Garden

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Lake Views
  • Crawl Space
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Propane Cooktop
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Docks
  • Covered Patio or Porch
  • Outdoor Water Feature
  • Outdoor Fireplace

Utilities

  • Central Air
  • Heating Available
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16 & 17
  • Assessor Parcel Number 7551-52-8415 7551-52-7577

Community Details

Overview

  • Lake Osseroga Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,753

Year Built

Built in 2003

Lot Details

0

HOA Fees

$483 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Road Surface Type: Paved
  • Water Body Name: Lake Osseroga
  • Co List Office Mls Id: 374
  • Co List Office Phone: 828-526-0000
  • Subdivision Name: Lake Osseroga
  • Directions: Enter the Lake Osseroga gate about midway between Highlands and Cashiers on US64. Contact LO for gate code. Continue down the hill on the Lake Osseroga Drive to # 221 on your right.
  • Architectural Style: Traditional, Post and Beam
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Attribution Contact: 8285260000
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Built-In Refrigerator, Dryer, Dishwasher, Disposal, Propane Cooktop, Wine Cooler, Warming Drawer, Washer
  • Has Basement: Crawl Space, Encapsulated
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Gas Log, Gas Starter, Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Jetted Tub, Kitchen Island, Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Level, Partially Cleared
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Frame, Stone, Wood Siding
  • Direction Faces: East
  • Exterior Features: Dock, Garden, Satellite Dish, Water Feature
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Porch
  • Roof: Metal, Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Gravel, Boat, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Multi-Fuel
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated, Lake, Park
  • Association Fee: 5800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 27878.4
  • Parcel #: 7551-52-8415 7551-52-7577
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 6753.0
  • Tax Lot: 16 & 17
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2013
Sold by
Diesel Joy Guernsey
Bought by
Osseroga Lake and Carolina Osseroga Inc
Current Estimated Value
$2,865,370
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
Osseroga Lake -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Jeffrey Alan $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $3,000,000 -7.7% $857 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $3,250,000 -- $928 / Sq Ft
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 $5,794 $1,960,520 $300,000 $1,660,520
2023 $5,782 $1,960,420 $300,000 $1,660,420
2022 $5,678 $1,292,890 $300,000 $992,890
2021 $5,678 $1,295,390 $300,000 $995,390
2020 $5,350 $1,295,390 $300,000 $995,390
2018 $4,995 $1,361,860 $300,000 $1,061,860
2017 $0 $1,361,860 $300,000 $1,061,860
2016 $4,995 $1,361,860 $300,000 $1,061,860
2015 $4,972 $1,361,860 $300,000 $1,061,860
2014 $4,404 $1,504,000 $300,000 $1,204,000
2013 -- $1,504,000 $300,000 $1,204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 98468

APN: 7551528415