NOT LISTED FOR SALE

489 Morningstar Ln Topton, NC 28781

Estimated Value: $1,607,000 - $2,043,000

4 Beds
4 Baths
4,246 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $1,675,000 $394 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,979/month

Highlights

  • Lake Front
  • Gated Community
  • Private Lot
  • Custom Home
  • Deck
  • Recreation Room

About This Home

As of October 2023

Welcome to your dream lakefront retreat! This exquisite 4 BR 4 BA Log home boasts over 4,200 sq. ft. of luxurious living with a long-range view of Lake Nantahala and surrounding mountains from every room. Multiple glass doors access extensive outdoor living areas that include a screened-in porch, wrap-around porches, fire pit area, flat front yard, beach area, and a large boat dock in a private cove. Open living concept accentuated by a vaulted ceiling, loft area, rock gas fireplace, wood floors throughout, large custom eat-in kitchen with modern appliances, granite countertops, large pantry, and separate dining area. The four spacious bedrooms, which include a master on each level, provide ample space for family and guests. Lower-level game room and bar area, with sink and refrigerator, divide the two bedrooms and additional bunk area. All of which opens up to the downstairs porch overlooking the lake. Large laundry room on each floor. Whole house generator. This pristine lake situated at 3,000 ft elevation surrounded by mostly US Forest Service lands. and fed by the Nantahala River is a 1600-acre full recreation lake.

Last Agent to Sell the Property

Marty Kimsey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #53843 Listed on: 09/05/2023

RE/MAX Elite Realty

Last Buyer's Agent

Cheryl Keller

Keller Williams Realty Of Franklin License #227512

Keller Williams Realty Of Franklin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,974

Year Built

  • Built in 2013

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Private Lot
  • Level Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Custom Home
  • Log Cabin
  • Entry on the 1st floor
  • Composition Roof
  • Log Siding

Interior Spaces

  • 4,246 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Recreation Room
  • Bonus Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Access To Lake
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Power Generator
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6515288940

Community Details

Overview

  • Mount Morningstar Subdivision
  • Stream

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,974

Year Built

Built in 2013

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Mount Morningstar
  • Directions: Wayah Rd to Junaluska Road to Swan Dr. go approx 1 mile to Left on Morningstar Lane to #489.
  • Architectural Style: Log, Cabin, Custom
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 2013
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Exhaust Fan, Microwave, Electric Oven/Range, Gas Oven/Range, Refrigerator, Washer, Dryer
  • Other Equipment: Generator
  • Has Basement: Full, Finished, Heated, Recreation/Game Room, Exterior Entry, Interior Entry, Washer/Dryer Hook-up, Finished Bath
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood, Ceramic Tile
  • Interior Amenities: Bonus Room, Breakfast Bar, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Large Master Bedroom, Main Level Living, Primary on Main Level, Rec/Game Room, Walk-In Closet(s)
  • Living Area: 4246
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Room Bedroom4 Area: 255
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 166.8333
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 208
  • Room Living Room Area: 336.0833
  • Room Bedroom3 Level: Basement
  • Room Kitchen Area: 213.75
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 14.25
  • Room Master Bedroom Area: 213.75
  • Room Dining Room Area: 171
  • Room Family Room Area: 206.25

Exterior Features

  • Lot Features: Elevation over 3000, Level Yard, Private
  • View: Lake, View Year Round
  • View: Yes
  • Waterfront Features: Lake, Lake Access, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Waterfront Elevation: 3063
  • Construction Type: Log
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Propane, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560
  • Parcel #: 6515288940

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3973.96
  • Tax Book Number: F-36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 11, 2023
Sold by
Lazy Bear Lodge Llc
Bought by
Turtle Shell Properties Llc
Seller's Agent
Marty Kimsey
RE/MAX Elite Realty
Buyer's Agent
Cheryl Keller
Keller Williams Realty Of Franklin
List Price
$1,750,000
Sold Price
$1,675,000
Premium/Discount to List
-$75,000
-4.29%
Views
12
Current Estimated Value
$1,801,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,951
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
May 12, 2014
Sold by
Russell Patrick J
Bought by
Lazy Bear Lodge Llc

Purchase Details

Closed on
Jan 17, 2012
Sold by
Wingate Gloria L and Wingate Douglas J
Bought by
Russell Patrick J and Russell Theresa M
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
Turtle Shell Properties Llc $1,675,000 None Listed On Document
Lazy Bear Lodge Llc -- --
Russell Patrick J $407,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $1,675,000 -4.3% $394 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $1,750,000 -- $412 / Sq Ft
Source: Carolina Smokies Association 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 $4,999 $1,526,850 $450,000 $1,076,850
2024 $4,999 $1,526,850 $450,000 $1,076,850
2023 $3,626 $1,209,040 $450,000 $759,040
2022 $3,626 $744,970 $300,000 $444,970
2021 $3,626 $747,470 $300,000 $447,470
2020 $3,436 $747,470 $300,000 $447,470
2018 $3,644 $858,700 $400,000 $458,700
2017 $0 $858,700 $400,000 $458,700
2016 $3,634 $856,200 $400,000 $456,200
2015 -- $856,200 $400,000 $456,200
2014 $3,649 $1,097,300 $650,000 $447,300
2013 -- $650,000 $650,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Marty Kimsey

    Seller's Agent in 2023

    Marty Kimsey

    RE/MAX

    (828) 421-3369

    16 in this area

    204 Total Sales

    Marty Kimsey
    Section Image

  • C

    Buyer's Agent in 2023

    Cheryl Keller

    Keller Williams Realty Of Franklin

    (828) 421-3709

    2 in this area

    42 Total Sales

    Cheryl Keller
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26031582

APN: 6515288940

North Carolina Macon County Topton 28781

489 Morningstar Ln, Topton, NC

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