NOT LISTED FOR SALE

39 Crescent Trail Highlands, NC 28741

Estimated Value: $5,276,000 - $6,685,000

6 Beds
6.5 Baths
-- Sq Ft
1.64 Acres

Last Sold January 04, 2023

Last sale price $4,750,000

Est. 22% increase in value since last sale

Current estimated payment $32,039/month

203 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • Docks
  • Fitness Center
  • Built-In Refrigerator

About This Home

As of January 2023

Interior designer Darren Whatley has transformed and reimagined this wonderful lakefront home to reflect the tastes and needs of families seeking a sophisticated mountain retreat. This custom lakefront home is in the heart of Cullasaja Club and sits astride two lots, for a total of 1.6 acres, on beautiful Lake Ravenel. There are six bedrooms, six and one-half bathrooms, expansive entertainment space and over 2,000 sf of covered outdoor space. The lot has extensive nature trails, a lakeside gazebo, and a boat dock. The main living area has a beautiful glass enclosed wine room, a large native stone stacked fireplace and folding Nano doors that look out to Lake Ravenel to create an open flow to the beautiful, covered back porch, which has a beautiful stone fireplace. From the living room one moves to the kitchen and adjoining sitting area, then on to the dining room, all of which enjoy expansive views of the lake. The kitchen includes Wolf and Subzero appliances, two dishwashers, quartzite countertops, custom, and locally crafted cabinetry. Adjoining the kitchen are a walk-in pantry and a tiled laundry room. The primary suite is also located on the main level. A luxurious spa bathroom, with a large, quartz topped bathtub and a shower with multiple shower-heads. The bedroom features a vaulted ceiling, a custom bed, and glass doors opening to the porch, providing beautiful lake views. The upper level has three guest suites, all with outdoor spaces, two with full lake views, and an additional laundry area. There are built-in reading nooks and bookcases on this level, as well. One of the bedrooms has been furnished as an executive home office space. The terrace level has two additional guest suites, expansive storage space, and a large media room, with an adjoining wet bar area. This newly renovated home has an attached two car garage with a golf cart space. This home affords the amenities and spaciousness for a large family or for entertaining guests. Fireplace Features: 2 or more

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 05/30/2022

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 05/30/2022

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,007

Year Built

  • Built in 1999

Lot Details

  • 1.64 Acre Lot
  • Lake Front
  • Cleared Lot

HOA Fees

  • $778 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

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

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Double Oven
  • Propane Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Basement

  • Interior and Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Docks
  • Deck
  • Wrap Around Porch
  • Outdoor Fireplace

Utilities

  • Zoned Heating and Cooling System
  • Private Water Source
  • Tankless Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 294 Rev
  • Assessor Parcel Number 7551404883

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,007

Year Built

Built in 1999

Lot Details

0

HOA Fees

$778 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.64
  • Road Surface Type: Paved
  • Water Body Name: Lake Ravenel
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right at Cullasaja Club entrance and go past security gate. Follow Cullasaja Club Drive past bridge and turn right onto Crescent Trail. 39 Crescent Trail is on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1999
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Oven, Built-In Refrigerator, Double Oven, Dishwasher, Disposal, Microwave, Propane Cooktop, Refrigerator, Tankless Water Heater, Wine Cooler, Warming Drawer, Washer
  • Has Basement: Crawl Space, Exterior Entry, Interior Entry, Other
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log, Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Garden Tub/Roman Tub, Jetted Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Cleared, Level
  • Pool Features: Community
  • View: Lake, Creek/Stream
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Dock
  • Foundation Details: Poured
  • Other Structures: Gazebo
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Wrap Around
  • Roof: Other, Slate

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage, Two Car Garage, Golf Cart Garage, Paved

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Multi-Fuel, Zoned
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Playground, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 9331.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 71438.4
  • Parcel #: 7551404883
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 12007.0
  • Tax Lot: 294 Rev
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Jan 4, 2023
Sold by
Mr Satulah Residential Holdings Llc
Bought by
Thomas And Carol Joseph Revocable Trust
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$5,400,000
Sold Price
$4,750,000
Premium/Discount to List
-$650,000
-12.04%
Current Estimated Value
$5,783,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,033,508
Avg. Annual Appreciation
6.64%
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
Thomas And Carol Joseph Revocable Trust $9,500 --
Thomas And Carol Joseph Revocable Trust $9,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2023 01/04/23 Sold $4,750,000 -12.0% --
12/20/2022 12/20/22 Pending -- -- --
05/30/2022 05/30/22 For Sale $5,400,000 +116.0% --
08/30/2021 08/30/21 Sold $2,500,000 -9.3% -- View Prior Sale
07/18/2021 07/18/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $2,757,000 -- --
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 $14,389 $4,935,800 $500,000 $4,435,800
2024 $14,389 $4,935,800 $500,000 $4,435,800
2023 $111 $4,935,800 $500,000 $4,435,800
2022 $11,147 $2,567,210 $500,000 $2,067,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 99081

APN: 7551404883