$239,000
$56K PRICE DROP

506 Summer Hill Rd Cullowhee, NC 28723

Estimated payment $1,320/month

Total Views 4,191
1.21 Acres
$197,521 Price per Acre
52,708 Sq Ft Lot

Highlights

  • Gated Community
  • Lake View
  • Community Lake

About This Lot

Take advantage of this opportunity to build your mountain home in the gated Summer Hill neighborhood, one of Lake Glenville's premier lakefront communities. From this picturesque building site situated just above the lakefront homes, enjoys both lake and mountain views. You will enjoy waterfront access and potential dock access (via an annual lottery), which is just a short distance from the lot to the highest-elevation lake east of the Mississippi River. Swim in the crystal-clear waters or take your boat to discover the rushing waterfalls pouring into the mountain lake! With selective tree trimming subject to POA approval, enhance your potential view of the lake. Summer Hill provides a luxurious, secluded mountain lake retreat with convenient access to downtown Cashiers and Highlands, North Carolina.

Last Listed By

Jochen Lucke

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 04/08/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $615

Additional Features

  • 1.21 Acre Lot
  • Lake Views
  • Private Water Source

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 7554-92-0565

Community Details

Overview

  • Property has a Home Owners Association
  • Summer Hill Subdivision
  • Community Lake

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$615

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.21
  • Road Surface Type: Paved
  • Subdivision Name: Summer Hill
  • Directions: From the Cashiers Crossroads, take 107 North to left on North Norton. Follow North Norton to Lloyd Hooper Road. Turn right on Lloyd Hooper Road and follow it approx 1/2 mile to Summer Hill gate on right. Once inside the gate, pass the pavilion and this lot will be the third lot on your right after you pass house #278.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8287431999
  • Special Features: None

Exterior Features

  • Lot Features: Other
  • View: Lake
  • View: Yes
  • Waterfront Features: Deeded Access

Utilities

  • Security: Gated Community
  • Sewer: Septic Needed, Septic Permit 3 Bedroom
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Dock, Lake, Water Access, Gated
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Parcel #: 7554-92-0565
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 615.0
  • Tax Lot: 32
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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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

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 $570 $150,000 $150,000 $0
2023 $614 $150,000 $150,000 $0
2022 $614 $150,000 $150,000 $0
2021 $760 $200,000 $200,000 $0
2020 $807 $200,000 $200,000 $0
2019 $807 $200,000 $200,000 $0
2018 $807 $200,000 $200,000 $0
2017 $787 $200,000 $200,000 $0
2015 $1,043 $300,000 $300,000 $0
2011 -- $350,000 $350,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Price Changed $239,000 -19.0% --
04/08/2024 04/08/24 For Sale $295,000 +85.5% --
03/09/2021 03/09/21 Sold $159,000 0.0% --
02/17/2021 02/17/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $159,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $159,000 None Available
Warranty Deed $350,000 --
Source: Public Records

Similar Property in the area

  • Unlisted Address

    $197,750

    • Land
    • 1 Acre
    • $197,750 per Acre

    IF "LOCATION, LOCATION, LOCATION" IS TRUE THEN THIS PROPERTY MIGHT BE THE BEST LISTING IN WESTERN NORTH CAROLINA. LOCATED ON PAVED STATE HIGHWAY WITH MASSIVE TRAFFIC COUNT RIGHT IN FRONT, EVERY DAY. IF YOU ARE LOOKING FOR A PRIME SITUATION, GO BY AND GIVE IT A LOOK SEE!

    Norman West Cullowhee Real Estate

    Section Image

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 104071

APN: 7554-92-0565