NOT LISTED FOR SALE

289 Chestnut Ridge Rd Highlands, NC 28741

Estimated Value: $901,000 - $1,425,000

3 Beds
4.5 Baths
696 Sq Ft
$1,498/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2018

Last sale price $399,000 $573 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $5,853 / mo

150 Days on Market

Highlights

  • Gated Community
  • 1.99 Acre Lot
  • Wooded Lot
  • View of Trees or Woods
  • Deck
  • Cathedral Ceiling

About This Home

As of August 2018

Living in the Horse Cove area of Highlands offers all the beauty and ambience that drives one to live out the good life in the mountains. It is impossible to deny all the ambiance and charm that this home has to offer. Mornings can be spent rocking on the front porch while enjoying all the sounds and beauty of the surrounding nature. Some of the uniqueness of the area offers a view of some of the rarest sights in nature. We have enjoyed the white squirrels playing in the woods and the sounds of all the surrounding birds chirping. Spend your evenings on the covered deck having a drink while listening to the sounds of the nearby waterfall that is close to the back of the property. Horse Cove offers serenity and stillness that you cannot find in many places left in the world. This special cabin built in the woods has the warm and cozy feel that is unique to mountain living. The beautiful rock fireplace stands as the focal point of the home and adds the rustic charm that is a rare find to. All the modern updates aid in a comfortable living area but have kept the character true to the home. This home is truly a place where memories are made and friendships are formed. The people of the community and neighborhood are all so welcoming and lovely. You will not find another home in the area to offer all that this home has to offer. It is nestled on a gentle sloping and usable 2 acres of land that has a gentle running stream at the base of the property. Surrounded by natural forest, hiking is abundant and convenient from your back yard. Although you may feel that the home is a place left by many to be in the country you are a short drive to the town of Highlands or Cashiers where you can find an endless opportunity to dine and shop and participate in ongoing town activities. Come enjoy thee magic of Horse Cove!

Last Agent to Sell the Property

Sherman Pope

Berkshire Hathaway HomeServices Meadows Mountain Realty - CA Brokerage Phone: 8285268784 License #228220 Listed on: 03/06/2018

Berkshire Hathaway HomeServices Meadows Mountain Realty - CA

Last Buyer's Agent

Betty Holt

Berkshire Hathaway HomeServices Meadows Mountain Realty License #36426

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,688

Year Built

  • Built in 1986

Lot Details

  • 1.99 Acre Lot
  • Home fronts a stream
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

HOA Fees

  • $39 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Views of Woods

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Crawl Space

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Deck

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 33 & 34
  • Assessor Parcel Number 7459536929

Community Details

Overview

  • Rustic Falls Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,688

Year Built

Built in 1986

Lot Details

1.99 Acres

HOA Fees

$39 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.99
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: Rustic Falls
  • Directions: From Highlands follow Main Sreet and it turns into Horsecove Road. Turn right on Walkingstick Road. Follow to Rustic Falls subdivision on left. Through gate follow to 289 Chestnut Ridge Road.
  • Architectural Style: Log Home
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator
  • Has Basement: Crawl Space, Encapsulated, Finished, Heated, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Garden Tub/Roman Tub, Jetted Tub, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Level, Partially Cleared, Rolling Slope, Wooded
  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Log, Wood Siding
  • Exterior Features: Garden, Satellite Dish
  • Foundation Details: Block
  • Other Structures: Barn(s)
  • Patio And Porch Features: Rear Porch, Covered, Deck, Enclosed, Screened, Side Porch
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Carport, Gravel, Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Humidity Control
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Trails/Paths
  • Association Fee: 465.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 86684.4
  • Parcel #: 7459536929

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1688.0
  • Tax Lot: 33 & 34
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Aug 20, 2018
Sold by
Bought by
Seller's Agent
Sherman Pope
Berkshire Hathaway HomeServices Meadows Mountain Realty - CA
Buyer's Agent
Betty Holt
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$459,000
Sold Price
$399,000
Premium/Discount to List
-$60,000
-13.07%
Current Estimated Value
$1,042,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,339
Avg. Annual Appreciation
13.07%
Original Mortgage
$299,250
Outstanding Balance
$259,887
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$782,453

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jul 24, 2017
Sold by
Bought by
Seller's Agent
Sherman Pope
Berkshire Hathaway HomeServices Meadows Mountain Realty - CA
Buyer's Agent
Sheryl Wilson
Highlands Sotheby's International Realty
List Price
$349,000
Sold Price
$322,000
Premium/Discount to List
-$27,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.90%
Original Mortgage
$305,700
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$399,000 None Available
$322,000 None Available
$355,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $299,250
Previous Owner $305,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2025 04/24/25 Off Market $399,000 -- --
08/20/2018 08/20/18 Sold $399,000 -13.1% $573 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $459,000 +42.5% $659 / Sq Ft
08/04/2017 08/04/17 Sold $322,000 -7.7% $463 / Sq Ft View Prior Sale
08/01/2017 08/01/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $349,000 -- $501 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,003 $623,660 $111,490 $512,170
2024 $2,003 $623,660 $111,490 $512,170
2023 $1,851 $623,660 $111,490 $512,170
2022 $1,851 $390,050 $63,430 $326,620
2021 $1,851 $405,450 $63,430 $342,020
2020 $1,749 $405,450 $63,430 $342,020
2018 $1,687 $442,590 $62,690 $379,900
2017 $0 $442,590 $62,690 $379,900
2016 $1,687 $442,590 $62,690 $379,900
2015 $1,664 $442,590 $62,690 $379,900
2014 $2,216 $744,350 $159,850 $584,500
2013 -- $744,350 $159,850 $584,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87691

APN: 7459536929

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