NOT LISTED FOR SALE

51 Crescent Ct Highlands, NC 28741

Estimated Value: $2,499,000 - $3,009,510

4 Beds
4.5 Baths
2,653 Sq Ft
$1,038/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $2,400,000 $905 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $15,810/month

36 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Mountain View
  • Fitness Center
  • Built-In Refrigerator
  • Community Lake

About This Home

As of October 2023

Come home to a warm Southern welcome in this quintessential style home inside the secure gates of Cullasaja Club in Highlands, North Carolina. This home has the aspects of a country cottage with just the right amount of polish. Privately sited on a large lot with a fabulous mountain view, you are greeted by the charming flower boxes on the front of the house greeting you as a big smile. The open great room is grounded by a large stone fireplace ready to warm the home on cool fall evenings. The country French kitchen has a large island and comfortable seating area which opens to a large, screened porch with both a sitting area and an additional dining table. The primary bedroom suite is on one wing of the home with a spacious guest suite on the main level. Two large guest suites are on the upper level. This home has architectural charm both outside and inside with arches and windows providing streams of natural light. Newly listed, this home is ready for your family's immediate enjoyment this summer. Located in the charming town of Highlands, North Carolina, residents of this mountain town have access to a vibrant community, filled with boutique shops, gourmet restaurants, and a wide variety of cultural experiences. Whether you prefer hiking scenic trails, fishing in pristine lakes including Lake Ravenel inside the gates of Cullasaja Club or exploring the downtown area, this home provides a base for luxurious mountain living. Upon invitation and payment of the current initiation fee to Cullasaja Club, you can enjoy the lifestyle choices available at your fingertips including the updated clubhouse for dining, the heated swimming pool, the fitness center, the tennis courts, the Arnold Palmer golf course, the croquet lawns, the playground and boating and fishing on Lake Ravenel.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 07/06/2023

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 07/06/2023

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,355

Year Built

  • Built in 1997

Lot Details

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

HOA Fees

  • $472 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Basement
  • Exterior Basement Entry
  • Dryer

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 263
  • Assessor Parcel Number 7551218110

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,355

Year Built

Built in 1997

Lot Details

0

HOA Fees

$472 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Road Surface Type: Paved
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right at Cullasaja Club entrance and go past security gate. Follow Cullasaja Club Drive past bridge and turn right on to Crescent Trail. Follow Crescent Trail to top and turn left on to Crescent Court.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1997
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Disposal, Propane Cooktop, Washer
  • Has Basement: Exterior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Rolling Slope
  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Carport, Paved

Utilities

  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Pool, Putting Green, Tennis Court(s), Water Access, Gated
  • Association Fee: 5669.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 41382.0
  • Parcel #: 7551218110
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5354.82
  • Tax Lot: 263
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Elliott Richard Allan and Elliott Shana Gaultne
Bought by
Richard Allan Elliott Jr Revocable Living Tru and Elliott
Current Estimated Value
$2,754,378

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 18, 2023
Sold by
Marjorie A Mccomas Living Trust
Bought by
Elliott Richard Allan and Gaultney Elliot Shana
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$2,875,000
Sold Price
$2,400,000
Premium/Discount to List
-$475,000
-16.52%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
May 15, 2023
Sold by
Mccomas Marjorie A
Bought by
Marjorie A Mccomas Living Trust

Purchase Details

Closed on
Mar 11, 2003
Sold by
Kern Janet F
Bought by
Mccomas Frank M
Source: Public Records

Range of Values:

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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
Richard Allan Elliott Jr Revocable Living Tru -- None Listed On Document
Elliott Richard Allan $2,600,000 None Listed On Document
Marjorie A Mccomas Living Trust -- None Listed On Document
Mccomas Frank M $1,600,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $2,400,000 -16.5% $905 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $2,875,000 -- $1,084 / Sq Ft
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
2024 -- $2,342,850 $450,000 $1,892,850
2023 $5,355 $2,342,850 $450,000 $1,892,850
2022 $5,355 $1,220,190 $400,000 $820,190
2021 $5,355 $1,220,190 $400,000 $820,190
2020 $5,046 $1,220,190 $400,000 $820,190
2018 $4,369 $1,188,010 $400,000 $788,010
2017 $4,369 $1,188,010 $400,000 $788,010
2016 $4,369 $1,188,010 $400,000 $788,010
2015 $4,346 $1,188,010 $400,000 $788,010
2014 $3,930 $1,339,470 $417,450 $922,020
2013 -- $1,339,470 $417,450 $922,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102682

APN: 7551218110