401 N 5th St Highlands, NC 28741

Own a piece of Highlands history! The first time on the market and being offered AS-IS. This property once was home to a 9-hole golf course as a part of The Hall House property in the 1920s. Built in 1931 with chestnut paneling on the main level. This property has been home, home occupation, B&B, and now is zoned B-4. This property has been in the same family since the town was incorporated and once took up the whole block. This is the only lot left of the original parcel and contains .92 ac+/-. The home of Margaret and Tudor Hall and their extended family lived here from 1931 until the early 1990s when The Chambers Agency moved their real estate and vacation rentals office. Tudor and Margaret had a real estate office in town and were charter members of the Highlands Board of Realtors in 1956. In the mid-1990s, the garage was renovated into a one-bedroom/one-bath apartment (that apartment is currently under complete renovation.)Prior to 1992, Mrs. Hall ran a boutique B&B for her 'Hall House' and the rooms upstairs that had been her children's bedrooms became weekend spots for tourists, and later became real estate offices for The Chambers Agency. In 2013, the four upper-level rooms were converted into two one-bedroom/one-bath apartments. The main level has wood floors and is paneled with clear Chestnut as the home was built just as the Chestnut blight came through town. The main level has a small kitchenette, storage, full bath and 4 rooms (The former living area is partitioned to allow for the reception area.) The attic is floored in, runs the entire length of the house and has great storage. The basement has a dirt floor and the original locust post supports. This is a property full of memories for many local people. This house was built with nature in mind, with as few as possible trees disturbed. There is a large Oak, a Chestnut and an apple tree as well as several majestic pines planted by Isabel Chambers' grandmother. You could pay $3,000,000 for this home, put another million in renovations, and STILL have a great investment for your personal residence or (light commercial) business.