523 Laurel St Highlands, NC 28741
Estimated payment $8,697/month
Highlights
- Deck
- Vaulted Ceiling
- No HOA
- Wooded Lot
- Furnished
- 5-minute walk to Highlands Recreation Park
About This Home
Step inside this meticulously renovated, turn-key cottage and switch on vacation mode! Nestled creekside and close to the heart of town, this cute-as-a-button cottage has convenience, comfort, and quiet all-in-one. Enjoy one-level living with two bedrooms, two and a half baths, and a bonus bunk room. Upon entering, you’ll find the primary king bedroom has vaulted ceilings, reclaimed wood accents, an office nook, outdoor access, and an ensuite bathroom with a double vanity and tub/shower combo. The open concept living area boasts vaulted tongue and groove ceilings, an inviting fireplace, and a beautiful banquette exquisitely set for friends and family gatherings. The open-to-the-living room galley kitchen is fully electric, and has been designed with ample quartz countertops, a Blanco sink, and the at-home chef in mind. The stacked washer/dryer combo is housed in a full laundry room accessible from the kitchen. A second king bedroom boasts vaulted tongue and groove ceilings and a spacious ensuite bathroom. Relax on the screened in back porch, sun deck (Trex), or sit around the fire pit in the private backyard while admiring the gentle babble of Mill Creek. An additional bonus room outfitted with queen over queen built in bunks and a powder room are tucked neatly off the entryway. Great news! Whether looking for a retreat or a rental, the cottage has a history of bringing in an impressive six figure annual rental income. Located close to the heart of town, enjoy ease of access to culinary experiences, shopping, The Spa at Old Edwards Inn, 9 miles of pristine Highlands’ Greenway trails, Biological Station, and the Highlands’ Recreation Center including Pickleball & Tennis Courts, Pool, Park, and Dog Park. Adventure awaits in the mountains! Come for the Weekend, Stay for a Lifetime.
Listing Agent
Christie's International Real Estate Highlands-Cashiers Listed on: 05/01/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,086
Year Built
- Built in 2012
Lot Details
- 7,405 Sq Ft Lot
- North Facing Home
- Cleared Lot
- Wooded Lot
Parking
- Driveway
Home Design
- Frame Construction
- Wood Siding
Interior Spaces
- 1-Story Property
- Furnished
- Vaulted Ceiling
- Fireplace
- Screened Porch
Kitchen
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Deck
- Fire Pit
Location
- City Lot
Utilities
- Baseboard Heating
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Highlands Downtown Subdivision
Listing and Financial Details
- Assessor Parcel Number 7540419779
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,086 | $757,910 | $334,560 | $423,350 |
2024 | $3,086 | $757,910 | $334,560 | $423,350 |
2023 | $1,981 | $728,340 | $334,560 | $393,780 |
2022 | $1,981 | $319,430 | $137,090 | $182,340 |
2021 | $1,981 | $319,430 | $137,090 | $182,340 |
2020 | $1,901 | $319,430 | $137,090 | $182,340 |
2018 | $1,568 | $281,260 | $102,000 | $179,260 |
2017 | $1,568 | $281,260 | $102,000 | $179,260 |
2016 | $1,568 | $281,260 | $102,000 | $179,260 |
2015 | $1,545 | $281,260 | $102,000 | $179,260 |
2014 | $1,173 | $154,340 | $56,000 | $98,340 |
2013 | -- | $141,500 | $68,000 | $73,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/24/2025 09/24/25 | Pending | -- | -- | -- |
09/17/2025 09/17/25 | For Sale | $1,592,000 | 0.0% | -- |
09/15/2025 09/15/25 | Pending | -- | -- | -- |
08/09/2025 08/09/25 | Price Changed | $1,592,000 | -2.9% | -- |
07/12/2025 07/12/25 | Price Changed | $1,640,000 | -8.8% | -- |
05/01/2025 05/01/25 | For Sale | $1,799,000 | +199.8% | -- |
07/23/2021 07/23/21 | Sold | $600,000 | +0.8% | -- |
05/28/2021 05/28/21 | Pending | -- | -- | -- |
05/14/2021 05/14/21 | For Sale | $595,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Listed On Document | |
Warranty Deed | $600,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $540,000 | New Conventional |
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 1000759
APN: 7540419779
- 510 N 5th St Unit 12A
- TBD N 5th St
- 401 N 5th St
- 95 Mill Creek Ln
- 57 Jackson Dr
- 740 Horse Cove Rd Unit 3
- 299 Oak St Unit 5
- 299 Oak St Unit 8
- 299 Oak St Unit 7
- 299 Oak St Unit 6
- 299 Oak St Unit 4
- 299 Oak St Unit 3
- 299 Oak St Unit 2
- 299 Oak St Unit 1
- 1341 Leonard Rd Unit 5
- 1331 Leonard Rd Unit B-2
- Lot 3 Bear Mor Ridge
- Lot 2 Bear Mor Ridge
- Lot 5 Bear Mor Ridge
- 17 Highlands Walk