NOT LISTED FOR SALE

472 Chestnut St Highlands, NC 28741

Estimated Value: $2,164,000 - $3,235,057

4 Beds
4.5 Baths
-- Sq Ft
0.43 Acres

Last Sold October 31, 2023

Last sale price $2,500,000

Est. 8% increase in value since last sale

Current estimated payment $15,013/month

157 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Built-In Refrigerator
  • Vaulted Ceiling
  • Furnished

About This Home

As of October 2023

A breathtaking & luxurious renovation of Joe Webb style Log Cabin w/guest house in downtown Highlands. A property that embodies the perfect blend of old world charm & modern convenience, this bespoke cabin is truly one of a kind. The cabin's rustic elegance is evident throughout. Hand-hewn beams & custom finishes that maintain the look & feel of Highlands past, coupled w/all-new modern amenities, make this cabin a masterpiece. The interiors were designed to reflect the unique character of the property while providing all the comforts of a luxury home. Every detail of the renovation was meticulously planned, from the custom tongue & groove ceilings to the original rustic hand-hewn white oak & wide board flooring throughout. Locally reclaimed barnwood was used to create a kitchen that is truly remarkable, complete with a sophisticated, imported Italian 6 burner stove & “Tramp-art” style built-in refrigerator. The main ensuite bedroom is a tranquil haven, featuring custom limestone accent walls & large windows w/natural light. The bathroom retreat beckons w/black granite, custom-made pendulum lights, unlacquered brass, & Four Hands designer mirrors. Relax in the oversized soaking tub or enjoy the large shower w/ custom, hand-made tiles imported from Morocco & a trout design inlay by a local artist. The great room exudes comfort w/the original hand-laid stone fireplace & furnishings that were hand-picked to complement the cabin's look & feel. The two ensuite guest rooms upstairs feature baths w/oversized showerswith imported tiles & limestone floors. A covered walkway leads to the adorable guesthouse, complete w/a main floor living space & a precious "bunk room" for 4 upstairs. The guest house boasts the same custom details as the main house. Enjoy mesmerizing sunsets & views of Satulah mountain while gathered around the firepit. Leave the car at home & walk to town to immerse in all Highlands has to offer. This is not just a home, it's an experience in mtn lifestyle!

Last Agent to Sell the Property

Pat Allen

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 05/10/2023

Co-Listed By

Julie Osborn

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784

Last Buyer's Agent

Deborah Hattler

Landmark Realty Group - Highlands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 1984

Lot Details

  • 0.43 Acre Lot
  • Lot Has A Rolling Slope
  • Garden

Home Design

  • Metal Roof
  • Wood Siding
  • Block Exterior
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Stone Fireplace
  • Living Room with Fireplace
  • Dryer

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot portion 309
  • Assessor Parcel Number 7540-42-7443

Community Details

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • No Home Owners Association
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,868

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: None
  • Directions: From Main Street in Highlands: Take Hwy 64 East/Cashiers Road to Right onto Chestnut Street. Home will be on Left.
  • Architectural Style: Bungalow, Log Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1984
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Microwave, Tankless Water Heater, Washer
  • Has Basement: Crawl Space, Encapsulated, Interior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, Stone
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Level, Rolling Slope, City Lot
  • Pool Features: Community
  • View: None
  • View: No
  • Construction Type: Block, Log, Stone, Wood Siding
  • Exterior Features: Fire Pit, Garden, Breezeway
  • Foundation Details: Block
  • Other Structures: Guest House, Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Multi-Fuel
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Fiber Optic Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool, Tennis Court(s), Trails/Paths
  • Association: No

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: 7540-42-7443
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1867.67
  • Tax Lot: portion 309
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Oct 30, 2023
Sold by
Puckett Thomas B
Bought by
Minyard Willis Phillip and Minyard Ann Willis
Seller's Agent
Pat Allen
Allen Tate/Pat Allen Realty Group
Buyer's Agent
Deborah Hattler
Landmark Realty Group - Highlands
List Price
$3,250,000
Sold Price
$2,500,000
Premium/Discount to List
-$750,000
-23.08%
Views
120
Current Estimated Value
$2,695,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,764
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Nov 10, 2022
Sold by
472 Chestnut Llc
Bought by
Mandalay Living Trust

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 15, 2021
Sold by
Museum Of Amer Cut & Engraved Glass Inc
Bought by
472 Chestnut Llc
Seller's Agent
Terry Potts
Country Club Properties
Buyer's Agent
Linda Parrish
Country Club Properties - Main
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.47%
Source: Public Records

Range of Values:

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Average Value
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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
Minyard Willis Phillip $2,500,000 None Listed On Document
Mandalay Living Trust -- --
472 Chestnut Llc $660,000 None Available
472 Chestnut Llc $660,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $2,500,000 -23.1% --
10/15/2023 10/15/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $3,250,000 +392.4% --
07/26/2021 07/26/21 Sold $660,000 -5.6% -- View Prior Sale
07/02/2021 07/02/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $699,000 -- --
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 $8,643 $2,163,940 $574,480 $1,589,460
2024 $8,643 $2,163,940 $574,480 $1,589,460
2023 $1,818 $1,175,430 $574,480 $600,950
2022 $1,818 $386,400 $213,280 $173,120
2021 $108 $397,600 $213,280 $184,320
2020 $0 $397,600 $213,280 $184,320
2018 $0 $403,760 $208,980 $194,780
2017 -- $403,760 $208,980 $194,780
2016 -- $403,760 $208,980 $194,780
2015 -- $403,760 $208,980 $194,780
2014 -- $391,320 $182,660 $208,660
2013 -- $391,320 $182,660 $208,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102091

APN: 7540427443