NOT LISTED FOR SALE

51 Grayrocks Rd Highlands, NC 28741

Estimated Value: $2,558,000 - $2,818,000

5 Beds
5.5 Baths
-- Sq Ft
0.6 Acres

Last Sold July 27, 2018

Last sale price $1,185,377

Est. 129% increase in value since last sale

Current estimated payment $14,956/month

1,042 Days on Market

Highlights

  • Built-In Refrigerator
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Outdoor Fireplace
  • Furnished

About This Home

As of July 2018

Priced aggressively for a quick sale, this spectacular retreat is perched high atop a mountain offering forever views. Complete luxury is one of the many hallmarks of this custom home located in the exclusive mountaintop community of Gray Rocks at Highgate. Designed by noted Atlanta architect, Jack Davis with interior design by the renowned Dottie Travis, you'll recognize the quality from the moment you step inside. Gatherings with family and friends - that's what life is all about. Create memories while a fire is roaring in the custom stacked stone fireplace inside, a turkey is in the oven, a crisp breeze is filtering through the leaves outside or cuddle up with a blanket and a fire in the outdoor fireplace on the screened porch. The changing of the leaves in the mountains is an eagerly anticipated annual event with a rainbow of hues in the red, yellow and orange families. People travel hundreds of miles to see the gorgeous “change of leaves” and it's all right here outside your back door. This home has soaring ceilings, amazing architectural details including wood paneled walls, beamed ceilings, two indoor fireplaces, one outdoor fireplace, rustic reclaimed tin ceilings in the kitchen, Antique wood and French tile floors, library with wet bar, gourmet kitchen with professional grade appliances and two decks. The luxurious master suite is downstairs and has a deep soaking tub overlooking the mountains. Four more bedrooms are equally well appointed and await your friends and family. This house is all about texture and warmth - the ideal setting for a mountain house. Moments from Highlands Country Club, the restaurants and shops of Highlands and the Old Edwards Inn, this location is ideal. Put it on your short list - you won't be disappointed!

Last Agent to Sell the Property

Alicen Phillips

Country Club Prop. / Mt. Fresh Brokerage Phone: 8287872002 Listed on: 08/04/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 2001

Lot Details

  • 0.6 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Unfinished Basement
  • Exterior Basement Entry
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Outdoor Fireplace

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Community Details

  • Highgate Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 7530314724

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,938

Year Built

Built in 2001

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Road Surface Type: Paved
  • Subdivision Name: Highgate
  • Directions: Highway 106 across from Glenn Falls make a Right onto Mountain LaureL. Go past the Mount Laurel Swim and Tennis Center and bear right at the fork. Stay on this road bearing right to the top of Highgate. There will be a Light post on the right, turn left onto the Hemlocks and then immediate Left into Grayrocks. 2nd home on the right.
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Attribution Contact: 8287872002
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Disposal, Gas Oven, Ice Maker, Microwave, Warming Drawer, Washer
  • Has Basement: Dirt Floor, Exterior Entry, Other, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Garden Tub/Roman Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Instant Hot Water
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Block, Frame, Stucco
  • Exterior Features: None
  • Patio And Porch Features: Rear Porch, Deck, Screened
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, None

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 2500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: 7530314724
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3938.46
  • Tax Lot: 2
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Jul 20, 2018
Sold by
M & J Walker Builders Llc
Bought by
Suthers John E and Suthers Linders S
Seller's Agent
Alicen Phillips
Country Club Prop. / Mt. Fresh
List Price
$1,395,000
Sold Price
$1,185,377
Premium/Discount to List
-$209,623
-15.03%
Current Estimated Value
$2,714,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,528,890
Avg. Annual Appreciation
12.14%
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
Suthers John E $1,185,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $1,185,377 -15.0% --
06/30/2018 06/30/18 Pending -- -- --
08/04/2015 08/04/15 For Sale $1,395,000 -- --
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 $4,795 $1,617,040 $350,000 $1,267,040
2024 $4,795 $1,617,040 $350,000 $1,267,040
2023 $5,697 $1,617,040 $350,000 $1,267,040
2022 $5,697 $1,299,710 $350,000 $949,710
2021 $5,533 $1,261,530 $350,000 $911,530
2020 $5,213 $1,261,530 $350,000 $911,530
2018 $4,732 $1,288,800 $350,000 $938,800
2017 $0 $1,288,800 $350,000 $938,800
2016 $4,732 $1,288,800 $350,000 $938,800
2015 $4,709 $1,288,800 $350,000 $938,800
2014 $3,938 $1,342,520 $350,000 $992,520
2013 -- $1,342,520 $350,000 $992,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 82407

APN: 7530314724