NOT LISTED FOR SALE

286 Scenic Lake Ln Cullowhee, NC 28723

Estimated Value: $765,000 - $914,000

2 Beds
2.5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold March 09, 2021

Last sale price $605,000

Est. 37% increase in value since last sale

Current estimated payment $4,572/month

278 Days on Market

Highlights

  • Lake Front
  • Deck
  • Cathedral Ceiling
  • Docks
  • Traditional Architecture
  • No HOA

About This Home

As of March 2021

A beautiful lake front home that is close to downtown Cashiers. This Western facing home has picturesque sunset views over the lake. This gentle sloping property sits alongside the Lake Glenville shoreline in the Norton Cove where Norton Falls can be heard echoing across the lake. Bright Mountain is 10-12 minutes from the cross roads and the heart of Cashiers Village. This home was built in 1996 and has been very well maintained. Lake property is limited and being this close to downtown, it is a rare opportunity. As you walk in the home at 286, you are captivated by the lake view right in front of you. A full kitchen to your right, a dining area in front of the great windows and a large open family room completes the upstairs. Downstairs has two comfortable bedrooms with their own baths. A common bonus room sits between them. Both rooms have large lake views. The majority of anyone's time at this home will want to be spent on the large open porch overlooking the dock and lake. This property has 2 dock slips on a commonly owned /shared dock. The property has 1/3 interest in "green space" on the other side of the road that could be used for extra parking. There are no short term rental restrictions due to the voluntary HOA. The home next door at 278 Scenic Lake is available for sale separately on MLS# 93268.

Last Agent to Sell the Property

Philip Bradley

Cashiers Valley Real Estate LLC Brokerage Phone: 8287433411 Listed on: 04/14/2020

Cashiers Valley Real Estate LLC

Last Buyer's Agent

Philip Bradley

Cashiers Valley Real Estate LLC Brokerage Phone: 8287433411 Listed on: 04/14/2020

Cashiers Valley Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1996

Lot Details

  • 10,019 Sq Ft Lot
  • Lake Front
  • Lot Has A Rolling Slope

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Docks
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bright Mountain Subdivision

Listing and Financial Details

  • Tax Lot 6B
  • Assessor Parcel Number 7563-17-5512

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,775

Year Built

Built in 1996

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Water Body Name: Lake Glenville
  • Subdivision Name: Bright Mountain
  • Directions: From cross roads take Hwy 107 North and turn left at Blue Ridge School onto North Norton Rd. After Trillium at the fork, stay right on N.Norton. After covered bridge on the left, look to the right for Bright Mountain Rd. Go up Bright Mt Rd 1/2 mile and take left on Scenic Lake- Go down Scenic Lake and sharp curve to the left. You will see driveway b/w two neighboring homes- concrete drive on right
  • Architectural Style: A-Frame, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Dock, Satellite Dish
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Parking Features: Concrete, None

Utilities

  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 7563-17-5512
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1775.04
  • Tax Lot: 6B
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Mar 5, 2021
Sold by
Paolillo Linnea C and Paolillo Louis M
Bought by
Jesteadt Amanda and Jesteadt James
Seller's Agent
Philip Bradley
Cashiers Valley Real Estate LLC
Buyer's Agent
Philip Bradley
Cashiers Valley Real Estate LLC
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%
Current Estimated Value
$826,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,330
Avg. Annual Appreciation
6.38%
Original Mortgage
$484,000
Outstanding Balance
$433,872
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$392,458

Purchase Details

Listed on
Jul 11, 2015
Closed on
Jul 27, 2016
Sold by
Gilbert Gilbert Christine M Christine M
Bought by
Paolillo Linnea C
Seller's Agent
Coleen Gottloeb
Cashiers Valley Real Estate LLC
Buyer's Agent
Coleen Gottloeb
Cashiers Valley Real Estate LLC
List Price
$495,000
Sold Price
$377,500
Premium/Discount to List
-$117,500
-23.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Source: Public Records
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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
Jesteadt Amanda $605,000 None Available
Paolillo Louis M $605,000 None Listed On Document
Paolillo Linnea C $377,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paolillo Louis M $484,000
Closed Paolillo Louis M $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2021 03/09/21 Sold $605,000 -3.2% --
03/01/2021 03/01/21 Pending -- -- --
04/15/2020 04/15/20 For Sale $625,000 +65.6% --
07/27/2016 07/27/16 Sold $377,500 -23.7% -- View Prior Sale
06/16/2016 06/16/16 Pending -- -- --
07/13/2015 07/13/15 For Sale $495,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

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
2025 $2,710 $713,286 $350,000 $363,286
2024 $1,630 $428,900 $250,000 $178,900
2023 $1,881 $428,900 $250,000 $178,900
2022 $1,881 $428,900 $250,000 $178,900
2021 $1,742 $422,330 $250,000 $172,330
2020 $1,794 $424,090 $250,000 $174,090
2019 $1,775 $424,090 $250,000 $174,090
2018 $1,775 $419,300 $250,000 $169,300
2017 $1,733 $419,300 $250,000 $169,300
2015 $1,846 $419,300 $250,000 $169,300
2011 -- $591,270 $275,000 $316,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93267

APN: 7563-17-5512

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