401 N 5th St Highlands, NC 28741
Estimated payment $15,181/month
Highlights
- View of Trees or Woods
- Deck
- No HOA
- Colonial Architecture
- Wood Flooring
- 2-minute walk to Kelsey-Hutchinson Founders Park
About This Home
LOCATION! This Highlands landmark is one of the last great, walk-to-town parcels. Zoned B-4 (light commercial) and sits on .92 acre. Renovate or start over- anything can be duplicated- EXCEPT the location. The first time on the market and being offered AS-IS. 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. This is a property full of memories for many local people. In the 1920s, this property was a 9-hole golf course as part of the Hall House property. Built in 1931 with chestnut paneling on the main level, this property has been a personal residence, home occupation, B&B, and is now 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 parcel left 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 and has been partially renovated. Prior to 1992, Mrs. Hall ran a boutique B&B, The 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 for workforce housing.
Listing Agent
Chambers Realty & Vacation Rentals Brokerage Phone: 8285263717 License #164662 Listed on: 10/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,488
Year Built
- Built in 1931
Lot Details
- 40,075 Sq Ft Lot
- West Facing Home
Parking
- Circular Driveway
Home Design
- Colonial Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Living Room with Fireplace
- Views of Woods
- Unfinished Basement
- Interior and Exterior Basement Entry
- Dryer
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Deck
- Porch
Location
- City Lot
Utilities
- No Cooling
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 401
- Assessor Parcel Number 7540.50.28.09
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,512 | $1,602,780 | $861,120 | $741,660 |
| 2024 | $4,000 | $1,602,780 | $861,120 | $741,660 |
| 2023 | $6,488 | $1,602,780 | $861,120 | $741,660 |
| 2022 | $5,277 | $862,950 | $414,000 | $448,950 |
| 2021 | $5,277 | $862,950 | $414,000 | $448,950 |
| 2020 | $5,059 | $862,950 | $414,000 | $448,950 |
| 2018 | $4,015 | $730,230 | $368,000 | $362,230 |
| 2017 | $4,015 | $730,230 | $368,000 | $362,230 |
| 2016 | $4,015 | $730,230 | $368,000 | $362,230 |
| 2015 | $3,969 | $730,230 | $368,000 | $362,230 |
| 2014 | $2,699 | $583,350 | $198,720 | $384,630 |
| 2013 | -- | $583,350 | $198,720 | $384,630 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Price Changed | $2,700,000 | -15.6% | -- |
| 09/14/2024 09/14/24 | Price Changed | $3,200,000 | -5.9% | -- |
| 08/06/2024 08/06/24 | Price Changed | $3,400,000 | -5.6% | -- |
| 11/07/2023 11/07/23 | For Sale | $3,600,000 | -- | -- |
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 103319
APN: 7540502809
- 510 N 5th St Unit 12A
- TBD N 5th St
- 1341 Leonard Rd Unit 2
- 1331 Leonard Rd Unit B-2
- 1292 Leonard Rd
- 37 Coach Club
- 37 Coach Club Unit 8
- 57 Jackson Dr
- 1185 Leonard Rd
- 299 Oak St Unit 7
- 299 Oak St Unit 5
- 299 Oak St Unit 2
- 299 Oak St Unit 6
- 299 Oak St Unit 8
- 299 Oak St Unit 4
- 299 Oak St Unit 1
- 299 Oak St Unit 3
- 25 Old Edwards Cir
- 186 Harris Dr
- 22 Old Edwards Ln
- 65 Trapper Ln Unit Love
- 14 Strawberry Hill Rd
- 171 Cullasaja Cir
- 21 Staghorn Point
- 230 Silver Maple Ln
- 65 Sloan St
- 0 N Womack St
- 160 Marsen Knob Dr
- 100 Corinth Ln
- 392 Bidwell St
- 153 Will Zoellner Ln
- 3 Woodland Hills Dr
- 5 Woodland Hills Dr
- 105 Toxaway Vws Dr
- 31 Mothergoose Ln
- 37 Wayah Dr
- 323 Parker Farm Rd Unit C
- 92 Bleckley Dr
- 85 Dixieland Ln
- 21 Idylwood Dr
Ask me questions while you tour the home.