267 Satulah Rd Highlands, NC 28741
Estimated payment $37,523/month
Highlights
- Built-In Refrigerator
- Mountain View
- Wooded Lot
- 3.07 Acre Lot
- Deck
- Wood Flooring
About This Home
Sited like a beacon overlooking the quaint town of Highlands, this majestic home named “Chetolah” quietly reigns as a humble monarch. “Chetolah,” from Cherokee, is said to mean “a place of rest,” was built in 1892 by Highlands’ second mayor, Henry Martin Bascom,
who came to Highlands to regain his health. He established a series of businesses on the corner of Main and Fourth Streets. He and his family prospered here.
The Bascoms accumulated nearly 20 acres of land for their new home on Satulah Mountain, which afforded dramatic views and lots of space to rest.
The Bascom’s daughter, Louise, left Highlands to attend college in Salt Lake City, where she met her future husband, George Watson Barratt. Louise and Watson moved to New York after college. She worked for several New York-based magazines, including Harper’s.
Watson became the design director for the Shubert Theatre Company of New York, where he designed sets and costumes, and even wrote for the theatre.
When Louise’s mother became ill, she and Watson left New York and moved into Chetolah to care for Mrs. Bascom. Later, Louise became ill and died; Watson returned to New York to be close to friends there. He created a life estate for a friend, who lived in
the family home until her death, at which time the estate was sold and the funds were used to create the Louise-Bascom Gallery, located in the Hudson Library Building on Main Street. The Bascom-Louise Gallery later became The Bascom: A Center for the Visual
Arts, in Highlands.
Chetolah has been cared for by four families over the past several decades. Under the design leadership of the celebrated designer, Darren Whatley, the home was completely rebuilt from the foundation up and from the inside out. Four bedrooms in the manor house
with extra bonus rooms for offices and quiet space, the guest house has two spacious bonus rooms with a full kitchen, bathroom and living room. Given the extensive renovations and refurbishing in 2018-2019, the home will be a comfortable place of rest for many
years to come. This incredible estate on over three acres and walking distance to town is impossible to replicate or find. A very fortunate family will enjoy this legacy property for generations.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,306
Year Built
- Built in 1892
Lot Details
- 3.07 Acre Lot
- East Facing Home
- Lot Has A Rolling Slope
- Wooded Lot
- Garden
Parking
- 4 Car Garage
- Garage Door Opener
Home Design
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Built-In Features
- Tray Ceiling
- Ventless Fireplace
- Living Room with Fireplace
- Mountain Views
Kitchen
- Recirculated Exhaust Fan
- Microwave
- Built-In Refrigerator
- Freezer
- Ice Maker
- Dishwasher
- Wine Cooler
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry on main level
- Dryer
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Balcony
- Deck
- Porch
Utilities
- Central Heating and Cooling System
- Propane
- Tankless Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 7449386318
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,014 | $3,008,960 | $681,540 | $2,327,420 |
2023 | $11,451 | $3,008,960 | $681,540 | $2,327,420 |
2022 | $11,451 | $1,915,620 | $750,000 | $1,165,620 |
2021 | $11,451 | $1,915,620 | $750,000 | $1,165,620 |
2020 | $10,966 | $1,915,620 | $750,000 | $1,165,620 |
2018 | $8,439 | $1,574,830 | $626,280 | $948,550 |
2017 | $8,439 | $1,574,830 | $626,280 | $948,550 |
2016 | $8,439 | $1,574,830 | $626,280 | $948,550 |
2015 | $8,393 | $1,574,830 | $626,280 | $948,550 |
2014 | $6,956 | $1,555,230 | $523,860 | $1,031,370 |
2013 | -- | $1,555,230 | $523,860 | $1,031,370 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/08/2025 09/08/25 | Price Changed | $6,850,000 | -9.9% | -- |
08/05/2025 08/05/25 | Price Changed | $7,600,000 | -5.0% | -- |
05/06/2025 05/06/25 | For Sale | $8,000,000 | +777.2% | -- |
10/31/2018 10/31/18 | Sold | $912,000 | -20.7% | -- |
09/21/2018 09/21/18 | Pending | -- | -- | -- |
09/21/2018 09/21/18 | For Sale | $1,150,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $912,000 | None Available | |
Deed | $2,412,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $400,000 | Credit Line Revolving | |
Previous Owner | $518,900 | New Conventional |
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 1000818
APN: 7449386318
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