$2,395,000
$200K PRICE DROP

448 Lake Villas Way Highlands, NC 28741

Estimated payment $13,961/month

Total Views 3,083
3 Beds
3.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Lake Front
  • Gated Community
  • Community Lake
  • Panoramic View
  • Built-In Refrigerator
  • Deck

About This Home

Exquisite Lake-Oriented Retreat in the Prestigious Cullasaja Club.

Experience the perfect blend of elegance, comfort, and modern design in this beautifully remodeled 3-bedroom, 3.5-bath private home, nestled within the exclusive Cullasaja Club community in the picturesque mountain town of Highlands, NC.

Thoughtfully reimagined to enhance both style and functionality, this stunning single-level residence offers an open, light-filled layout ideal for entertaining and relaxation. The chef’s kitchen is a masterpiece, featuring premium Monogram appliances, generous counter space, a spacious island, and a walk-in pantry. The Great Room and luxurious Primary Suite extend seamlessly onto an expanded deck, where breathtaking lake and golf views create a tranquil, almost floating effect.

Two private guest suites, each with an ensuite bath, are thoughtfully positioned on the opposite wing, ensuring comfort and seclusion for visitors. Elegant finishes abound throughout the home, from rich hardwood floors and vaulted ceilings with striking wooden beams to designer lighting and high-end fixtures.

Located between Highlands and Cashiers, this exceptional property offers the best of private golf club living with world-class amenities, all within a secure gated community. Don't miss this rare opportunity to own a fully updated mountain sanctuary that perfectly balances luxury, privacy, and natural beauty.

Listing Agent

Michael Fine

Fine Luxury Properties Listed on: 03/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 2001

Lot Details

  • 6,534 Sq Ft Lot
  • Lake Front
  • Gated Home
  • Lot Has A Rolling Slope

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Tile Flooring
  • Dryer

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Exterior Basement Entry
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Private Water Source
  • Tankless Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot Lot 8
  • Assessor Parcel Number 7551619667

Community Details

Overview

  • Cullasaja Club HOA
  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,437

Year Built

Built in 2001

Lot Details

0

HOA Fees

$478 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Water Body Name: Lake Ravenel
  • Exclusions: Limited - See Exclusions Form
  • Subdivision Name: Cullasaja Club
  • Directions: From Downtown Highlands, take 64 East for 4 1/2 miles. Turn right into Cullasaja Club. Follow Cullasaja Drive to the second stop sign and turn Left onto Garnet Rock Drive. Turn Left on Lake Villas Way. Home will be on your Left.
  • Architectural Style: Modern
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Appliances
  • Building Stories: 1
  • Year Built: 2001
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Gas Oven, Built-In Refrigerator, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Exhaust Fan, Built-In Freezer, Disposal, Ice Maker, Microwave, Range Hood, Tankless Water Heater, VentedExhaust Fan, Wine Refrigerator, Washer
  • Has Basement: Crawl Space, Daylight, Exterior Entry, Encapsulated, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Heatilator, Living Room, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Beamed Ceilings, Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Cathedral Ceiling(s), Double Vanity, High Ceilings, High Speed Internet, Pantry, Stone Counters, Smart Thermostat, Bar, Walk-In Closet(s), Workshop, Instant Hot Water

Exterior Features

  • Lot Features: Close to Clubhouse, Gentle Sloping, Landscaped, Views, Waterfront, Level, Rolling Slope
  • Topography: Level,Rolling
  • View: Golf Course, Lake, Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Fiber Cement, Frame, Stone
  • Exterior Features: Covered Courtyard, Courtyard, Private Entrance
  • Foundation Details: Block
  • Other Structures: Garage(s)
  • Patio And Porch Features: Deck, Wrap Around
  • Roof: Asphalt

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry Room
  • Security: Gated Community
  • Cooling: Ceiling Fan(s), Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Lake, Trails/Paths, Gated
  • Amenities: Gated, Trail(s)
  • Association Fee: 5739.0
  • Association Fee Frequency: Annually
  • Association Name: Cullasaja Club HOA
  • Association: Yes

Lot Info

  • Parcel #: 7551619667
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4437.18
  • Tax Lot: Lot 8
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $4,437 $1,493,320 $250,000 $1,243,320
2023 $3,017 $1,493,320 $250,000 $1,243,320
2022 $3,017 $676,610 $250,000 $426,610
2021 $3,017 $676,610 $250,000 $426,610
2020 $2,846 $676,610 $250,000 $426,610
2018 $2,211 $587,980 $250,000 $337,980
2017 $0 $587,980 $250,000 $337,980
2016 $2,211 $587,980 $250,000 $337,980
2015 -- $587,980 $250,000 $337,980
2014 $2,316 $779,300 $250,000 $529,300
2013 -- $779,300 $250,000 $529,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $2,395,000 -7.7% --
03/13/2025 03/13/25 For Sale $2,595,000 +107.6% --
08/08/2022 08/08/22 Sold $1,250,000 -3.8% --
07/03/2022 07/03/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $1,300,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,250,000 None Listed On Document
Warranty Deed $680,000 None Available
Warranty Deed $680,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $673,874 New Conventional
Previous Owner $746,012 New Conventional
Source: Public Records

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Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1000317

APN: 7551619667