NOT LISTED FOR SALE

424 Gristmill Ridge Cashiers, NC 28717

Estimated Value: $4,321,000 - $4,941,000

4 Beds
5.5 Baths
-- Sq Ft
4.79 Acres

Last Sold July 09, 2024

Last sale price $4,705,000

Est. 4% decrease in value since last sale

Current estimated payment $25,727/month

21 Days on Market

Highlights

  • Gated Community
  • 4.79 Acre Lot
  • Deck
  • Built-In Refrigerator
  • Mountain View
  • Cathedral Ceiling

About This Home

As of July 2024

Located within the exclusive confines of the Chattooga Club, this distinguished estate presents a rare symphony of design and natural beauty. Envisioned by the acclaimed architectural firm Meyer, Greeson, Paullin Benson, this home is a masterpiece that showcases breathtaking views of Chimney Top and Rock Mountains through its generously scaled windows and doors. As you step inside, you are greeted by an ambiance of sophisticated elegance in the great room, seamlessly integrated with a formal dining area. The airy, light-filled spaces are designed to capture the essence of luxury mountain living. Adjacent to this, the chef's kitchen opens up to a charming covered porch, featuring a majestic stone fireplace—an ideal retreat for enjoying crisp evenings under the stars. The main level is also home to the luxurious primary suite which includes a spacious bedroom with serene mountain vistas and a separate office area, providing the perfect setting for reflection and inspiration. Ascending to the upper floor, you find three beautifully appointed guest bedrooms, each with their own ensuite bathrooms, offering comfort and privacy for family and guests alike. Additionally, a separate bonus room above the garage affords flexibility for a variety of uses—be it a media room, fitness studio, or an artist's loft. This property is more than just a home; it is an invitation to indulge in a lifestyle of unparalleled comfort and prestige within the Chattooga Club. Membership to the club, coveted for its exclusivity and elite amenities, is available by invitation only. Embrace this unique opportunity to reside in one of the most prestigious locations in the area. This estate is not just a residence; it is a gateway to a life of sublime luxury. Do not miss out—discover your dream home at the Chattooga Club. Fireplace Features: 2 or more

Last Agent to Sell the Property

Jochen Lucke

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 04/18/2024

Last Buyer's Agent

Jochen Lucke

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 04/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,762

Year Built

  • Built in 2006

Lot Details

  • 4.79 Acre Lot

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Wood Roof

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Crawl Space
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 7571-72-5817

Community Details

Overview

  • Chattooga Club Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,762

Year Built

Built in 2006

Lot Details

0

HOA Fees

$388 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.79
  • Road Surface Type: Paved
  • Subdivision Name: Chattooga Club
  • Directions: From the crossroads, follow 107 South to the gates of the Chattooga Club on the right. Follow through the gate to your first right on Gristmill Ridge to the house on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Dryer, Exhaust Fan, Gas Oven, Microwave, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Outside
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, Kitchen Island, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Partially Cleared
  • View: Mountain(s), Rocks
  • View: Yes
  • Construction Type: Frame, Stone
  • Exterior Features: Balcony, Fire Pit
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Screened, Balcony
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Two Car Garage

Utilities

  • Security: Security System, Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 4650.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 208652.4
  • Parcel #: 7571-72-5817
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 10762.0
  • Tax Lot: 11
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jul 9, 2024
Sold by
Richard L Detlefs Revocable Trust and Suzanne H Detlefs Revocable Trust
Bought by
Young William O and Young Susan S
Seller's Agent
Jochen Lucke
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Jochen Lucke
Silver Creek Real Estate Group, Inc.
List Price
$4,850,000
Sold Price
$4,705,000
Premium/Discount to List
-$145,000
-2.99%
Views
12
Current Estimated Value
$4,526,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$178,051
Avg. Annual Appreciation
-2.82%

Purchase Details

Closed on
Jan 6, 2020
Sold by
Detlefs Richard L and Detlefs Suzanne H
Bought by
Richard L Detlefs Ret
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Young William O $4,705,000 None Listed On Document
Young William O $4,705,000 None Listed On Document
Richard L Detlefs Ret -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $4,705,000 -3.0% --
05/10/2024 05/10/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $4,850,000 +3.1% --
04/21/2024 04/21/24 Off Market $4,705,000 -- --
04/18/2024 04/18/24 For Sale $4,850,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $18,319 $4,820,814 $450,000 $4,370,814
2024 $9,858 $2,594,320 $400,000 $2,194,320
2023 $9,858 $2,594,320 $400,000 $2,194,320
2022 $10,761 $2,594,320 $400,000 $2,194,320
2021 $9,858 $2,594,320 $400,000 $2,194,320
2020 $10,862 $2,667,130 $500,000 $2,167,130
2019 $10,862 $2,667,130 $500,000 $2,167,130
2018 $10,862 $2,667,130 $500,000 $2,167,130
2017 $10,595 $2,667,130 $500,000 $2,167,130
2015 $8,706 $2,667,130 $500,000 $2,167,130
2011 -- $2,682,840 $650,000 $2,032,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 104137

APN: 7571-72-5817