NOT LISTED FOR SALE

40 Upper Cottage Ln Highlands, NC 28741

Estimated Value: $2,029,000 - $2,321,000

3 Beds
3.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold October 03, 2023

Last sale price $1,965,000

Est. 13% increase in value since last sale

Current estimated payment $12,190/month

6 Days on Market

Highlights

  • Golf Course Community
  • Home fronts a pond
  • Mountain View
  • Fitness Center
  • Gated Community
  • Community Lake

About This Home

As of October 2023

Beautiful cottage with mountain views located inside the gates of Old Edwards Club at Highlands Cove. Comes fully furnished with everything you might need to start enjoying your new home. The master is on the main level with two walk in closets and a private balcony to enjoy the summer breeze. Outdoor living and entertaining space is abundant, from the beautiful landscaped gardens and pond to the multiple porches that showcase the view. The exterior was painted a few years ago and the roof was replaced earlier this year. This cottage is a MUST SEE ! Members of Old Edwards will have full use of Old Edwards Club amenities: full service dining room & bar, 18-hole golf course, tennis, fitness, heated mineral pool plus all of the amenities at GlenCove: Organic community garden & farm, recreational lake with boathouse for fishing, kayaking, canoeing and paddleboarding, hiking trails, 12-hole par 3 golf course, recreation barn with bowling, pool tables, kids arcade and state-of-the-art golf simulator lounge, 4-lane heated lap pool with kid's splash pool, playground, pickleball, bocce ball, multi-purpose court, fitness & wellness center with spa services & a world-class short game golf area AND the amenities at Old Edwards Inn & Spa: access to a relaxed European style luxury spa, two additional pools, pool cabana, fitness center and fitness classes. Gated access, manned 24/7, 365 days a year. Community water, sewer & fiberoptic internet.

Last Agent to Sell the Property

Jennifer Blake

Berkshire Hathaway HomeServices Meadows Mountain Realty - OE Brokerage Phone: 8285268128 Listed on: 09/05/2023

Co-Listed By

Edmund Hillis

Berkshire Hathaway HomeServices Meadows Mountain Realty - OE Brokerage Phone: 8285268128

Last Buyer's Agent

Eddy McDonald

Silver Creek Real Estate Group, Inc. License #179782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,953

Year Built

  • Built in 2005

Lot Details

  • 3,485 Sq Ft Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Garden

Home Design

  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Detached Garage
  • 1 Carport Space

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Arbor

Utilities

  • Central Air
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 6 A & B
  • Assessor Parcel Number 7551-59-3017

Community Details

Overview

  • Property has a Home Owners Association
  • Highlands Cove 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

$4,953

Year Built

Built in 2005

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • Co List Office Mls Id: 44
  • Co List Office Phone: 828-526-8128
  • Subdivision Name: Highlands Cove
  • Directions: Highway 64 to Old Edwards Club at Highlands Cove. Follow Highlands Cove Dr straight thru the security gate. Just before the post office turn left up the hill and proceed to the second driveway on the right which is Upper Cottage Lane. Cottage will be on the right.
  • Architectural Style: Bungalow
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2005
  • Attribution Contact: 8285268128
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Ice Maker, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Outside
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Tray Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Cul-De-Sac, Partially Cleared, Rolling Slope
  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Balcony, Garden, Arbor, Satellite Dish
  • Other Structures: Residence
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened, Side Porch, Balcony
  • Roof: Wood

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport, Detached, Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Sewer: Private Sewer
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Near National Forest, Playground, Pool, Putting Green, Tennis Court(s), Trails/Paths, Gated
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 7551-59-3017
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4953.17
  • Tax Lot: 6 A & B
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 2, 2023
Sold by
Mccutchen Muriel and Mccutchen Jack
Bought by
Andersen Gail Wilson and Andersen John Mark
Seller's Agent
Jennifer Blake
Berkshire Hathaway HomeServices Meadows Mountain Realty - OE
Buyer's Agent
Eddy McDonald
Silver Creek Real Estate Group, Inc.
List Price
$1,975,000
Sold Price
$1,965,000
Premium/Discount to List
-$10,000
-0.51%
Views
22
Current Estimated Value
$2,211,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,183
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Jun 27, 2013
Sold by
Mccutchen Jack
Bought by
Mccutchen Muriel

Purchase Details

Closed on
Jun 26, 2012
Sold by
The Cottages At Hoghlands Cove Llc
Bought by
Mccutchen Jack and Mccutchen Muriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,250
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Andersen Gail Wilson $1,965,000 None Listed On Document
Mccutchen Muriel -- None Available
Mccutchen Jack $739,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccutchen Jack $554,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $1,965,000 -0.5% --
09/05/2023 09/05/23 For Sale $1,975,000 -- --
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 $8,224 $2,164,281 $200,000 $1,964,281
2024 $4,481 $1,179,330 $200,000 $979,330
2023 $4,953 $1,179,330 $200,000 $979,330
2022 $4,953 $1,179,330 $200,000 $979,330
2021 $4,481 $1,179,330 $200,000 $979,330
2020 $3,270 $795,260 $150,000 $645,260
2019 $3,270 $795,260 $150,000 $645,260
2018 $3,270 $795,260 $150,000 $645,260
2017 $3,191 $795,260 $150,000 $645,260
2015 $3,088 $795,260 $150,000 $645,260
2011 -- $1,015,090 $150,000 $865,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102873

APN: 7551-59-3017

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