NOT LISTED FOR SALE

494 E Ridge Rd Cashiers, NC 28717

Estimated Value: $3,442,000 - $3,764,930

4 Beds
4.5 Baths
-- Sq Ft
1.2 Acres Lot

Sale Details

Date Sold: March 21, 2024

Last sale price $3,500,000

Est. 3% increase in value since last sale

Current estimated payment $20,577 / mo

122 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Deck
  • Panoramic View
  • Built-In Refrigerator
  • Vaulted Ceiling

About This Home

As of March 2024

Nestled in the charming mountain town of Cashiers, North Carolina, this new home is nothing short of grand. Situated within the gated community of Cedar Hill, it offers a nice blend of serenity and convenience, just minutes from town. The home boasts an elevation of 4065' and a panoramic 180-degree mountain vista, complete with stunning sunsets. As you enter the home, your gaze is immediately drawn to the majestic mountain backdrop. The heart of the home, the great room, welcomes you with cathedral ceilings, stone fireplace, handsome beam work, and French doors that seamlessly connect to the upper-level stone terrace. This terrace is also accessible from the owner's suite and dining room, creating a seamless flow between indoor and outdoor living spaces. Adjacent to the great room, the chef's kitchen and dining area effortlessly combine modern design with functionality, making it an ideal space for both everyday living and entertaining. Standout features include Quartzite countertops and backsplash, a generously sized island with dual sinks and faucets, a top-of-the-line Thermador Pro-series appliance package, and a convenient walk-in pantry. The kitchen also opens to a spacious screened porch with its own stone fireplace for enjoying the outdoors year-round. The owner's suite continues to showcase the mesmerizing mountain views. It features a morning bar, an expansive walk-in closet, and a luxurious spa-like bathroom complete with a soaking tub, standalone shower, double vanities, and a double-sided fireplace that can be enjoyed from both the bath and the bedroom. Also located on the main level are a private study, a well-appointed powder room, and laundry room. Upstairs, three en-suite guest bedrooms await, each providing a retreat for visitors. A shared loft overlooking the great room adds an extra touch of elegance, featuring its own morning bar and French doors that lead to a deck, providing additional space for guests to unwind and savor the mountain scenery. Fireplace Features: 2 or more

Last Agent to Sell the Property

Elizabeth Harris

McKee Properties Brokerage Phone: 8287433411 License #215864 Listed on: 09/15/2023

Last Buyer's Agent

Thomas Platt

Cashiers Valley Real Estate LLC

Cashiers Valley Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.2 Acre Lot
  • Steep Slope
  • Garden

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Frame Construction

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Screened Porch
  • Dryer

Kitchen

  • Recirculated Exhaust Fan
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7582-41-7895

Community Details

Overview

  • Cedar Hill Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 2023 | New Construction

Lot Details

1.2 Acres

HOA Fees

$176 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Road Surface Type: Paved
  • Subdivision Name: Cedar Hill
  • Directions: Hwy 64 East. Right into Cedar Hill. Left on East Rochester. Left on Parson's View. Right on East Ridge to home on Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: Yes
  • Year Built: 2023
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Washer
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Primary Bedroom, Outside
  • Fireplace: Yes
  • Flooring: Stone, Tile, Wood
  • Interior Amenities: Built-in Features, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Rolling Slope, Steep Slope
  • View: Mountain(s), Panoramic
  • View: Yes
  • Construction Type: Frame, Stone
  • Exterior Features: Garden
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck, Patio, Screened, Side Porch
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated Community
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 2108.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 52272.0
  • Parcel #: 7582-41-7895
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 525.0
  • Tax Lot: 3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Mar 21, 2024
Sold by
Lots 2 & 3 Cedar Hill Llc
Bought by
Poterack Ryan R and Poterack Dawn M
Seller's Agent
Elizabeth Harris
McKee Properties
Buyer's Agent
Thomas Platt
Cashiers Valley Real Estate LLC
List Price
$3,500,000
Sold Price
$3,500,000
Views
69
Current Estimated Value
$3,603,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,465
Avg. Annual Appreciation
1.41%
Original Mortgage
$2,800,000
Outstanding Balance
$2,753,515
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$849,950
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Poterack Ryan R $3,500,000 None Listed On Document
Poterack Ryan R $3,500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poterack Ryan R $2,800,000
Closed Poterack Ryan R $2,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $3,500,000 0.0% --
01/27/2024 01/27/24 Pending -- -- --
09/26/2023 09/26/23 For Sale $3,500,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

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 $13,979 $3,678,569 $300,000 $3,378,569
2024 $6,085 $1,601,260 $150,000 $1,451,260
2023 $614 $150,000 $150,000 $0
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103036

APN: 7582-41-7895

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