$6,850,000
$1M PRICE DROP

267 Satulah Rd Highlands, NC 28741

Estimated payment $37,523/month

Total Views 5,066
4 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Listed on: 05/06/2025

Highlands Sotheby's International Realty - DT

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,306

Year Built

Built in 1892

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.07
  • Subdivision Name: None
  • Directions: Take Hwy 28 to Satulah Mountain Road. 267 Satulah Road is on the right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1892
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Bar Fridge, Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Free-Standing Gas Oven, Built-In Freezer, Freezer, Disposal, Ice Maker, Microwave, Range, Range Hood, Tankless Water Heater, Wine Cooler, Washer
  • Has Basement: Exterior Entry, Encapsulated, Full, Interior Entry, Storage Space, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Bedroom, Gas Log, Living Room, Primary Bedroom, Raised Hearth, Ventless
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Tray Ceiling(s), Separate/Formal Dining Room, Kitchen Island, Pantry, Walk-In Closet(s), Instant Hot Water

Exterior Features

  • Lot Features: Back Yard, Garden, Landscaped, Native Plants, Partially Cleared, Private, Rolling Slope, Many Trees, Views, Wooded
  • Topography: Sloping
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Exterior Features: Balcony, Garden, Gas Grill
  • Patio And Porch Features: Deck, Porch, Balcony
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Additional Parking, Garage Faces Front, Garage, Garage Door Opener, Heated Garage, Paved, Parking Pad, Storage

Utilities

  • Laundry Features: In Garage, Main Level, Laundry Room, Multiple Locations
  • Security: Closed Circuit Camera(s), Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Fiber Optic Available, High Speed Internet Available, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Association: No

Lot Info

  • Parcel #: 7449386318
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 12306.0
  • Tax Lot: 9
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

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 -- --
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $912,000 None Available
Deed $2,412,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Previous Owner $518,900 New Conventional
Source: Public Records

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1000818

APN: 7449386318