NOT LISTED FOR SALE

51 Bear Shadow Ridge Highlands, NC 28741

Estimated Value: $2,307,000 - $4,707,000

4 Beds
5.5 Baths
-- Sq Ft
1.32 Acres

Last Sold September 12, 2023

Last sale price $3,784,000

Est. 8% decrease in value since last sale

Current estimated payment $18,584/month

104 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Vaulted Ceiling
  • Built-In Refrigerator
  • Deck
  • Traditional Architecture

About This Home

As of September 2023

Only two homes perch inside the gates of Bear Shadow Ridge with an unobstructed view of Whiteside Mountain, the valley below and the image of the Bear Shadow in the spring and in the fall. This home is an exquisite embodiment of quality features throughout with antique hardwood floors, a gourmet kitchen, the primary bedroom on the main level with an enormous walk-in closet with a washer and dryer, and a luxurious bath. The main home has three generous guest suites up with a bonus apartment with full bath over the three-car garage. A sunroom and an outdoor deck provide immediate enjoyment of the Whiteside Mountain and Bear Shadow view. The "overlook" sits below this property where most visitors risk their lives to see this amazing view and unprecedented "Bear Shadow" viewing twice each year. This legendary event is so popular it is the subject of commercials on YouTube. But if you own this home, you can safely sit on your deck or look at your window and see this miracle of nature. The immaculate grounds provide a level backyard to walk your furry child. Quiet sophistication and high-end taste describe this family home conveniently located halfway between Highlands and Cashiers where in ten minutes you can enjoy the amenities of both communities. Close to country clubs, you can join the one of your choosing subject to club approval.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 05/22/2023

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 05/22/2023

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,926

Year Built

  • Built in 2008

Lot Details

  • 1.32 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 3 Car Detached Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wired For Sound
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Mountain Views
  • Basement
  • Exterior Basement Entry
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Arbor

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7551947528 & 7551-94-8644

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,926

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.32
  • Subdivision Name: None
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Go past Wildcat Cliffs Country Club and turn left on to Bear Shadow Ridge (just before the overlook). Home is second on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2008
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Disposal, Gas Oven, Microwave, Trash Compactor, Wine Cooler, Warming Drawer
  • Has Basement: Exterior Entry, Partial, Concrete
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Workshop, Wired for Sound

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Garden, Arbor
  • Other Structures: Workshop
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Circular Driveway, Driveway, Detached, Garage, Three Car Garage

Utilities

  • Security: Security System, Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Multi-Fuel
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association: No

Lot Info

  • Lot Size Sq Ft: 57499.2
  • Parcel #: 7551947528 & 7551-94-8644
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 8925.79
  • Tax Lot: 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Sep 12, 2023
Sold by
Seaside Real Properties Llc
Bought by
Jay David and Jay Barbara
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$4,299,000
Sold Price
$3,784,000
Premium/Discount to List
-$515,000
-11.98%
Views
96
Current Estimated Value
$3,490,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$293,186
Avg. Annual Appreciation
-3.72%

Purchase Details

Closed on
Apr 1, 2015
Sold by
Seaside Real Properties Llc
Bought by
Pollock Penny Suzanne
Source: Public Records

Range of Values:

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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
Jay David $3,784,000 None Listed On Document
Jay David $3,784,000 None Listed On Document
Pollock Penny Suzanne -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $3,784,000 -12.0% --
09/04/2023 09/04/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $4,299,000 -- --
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 $3,316 $1,105,390 $330,800 $774,590
2024 $3,316 $1,105,390 $330,800 $774,590
2023 $1,303 $1,105,390 $330,800 $774,590
2022 $1,303 $303,070 $303,070 $0
2021 $1,303 $303,070 $303,070 $0
2020 $1,227 $303,070 $303,070 $0
2018 $1,532 $425,740 $425,740 $0
2017 -- $425,740 $425,740 $0
2016 $1,532 $425,740 $425,740 $0
2015 $1,543 $425,740 $425,740 $0
2014 -- $175,390 $175,390 $0
2013 -- $175,390 $175,390 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102173

APN: 7551947528