540 Chestnut St Highlands, NC 28741
Estimated payment $21,813/month
Highlights
- Fireplace in Kitchen
- Traditional Architecture
- Furnished
- Vaulted Ceiling
- Wood Flooring
- Outdoor Water Feature
About This Home
Own a rare in-town Highlands retreat just steps from the new Performing Arts Center. Enjoy the charm of mountain living paired with a vibrant cultural lifestyle, with world-class performances, fine dining, boutique shopping, and all that Highlands has to offer just a short stroll from your front door.
Set on beautifully landscaped grounds, this elegant home offers exceptional privacy, surrounded by mature evergreens that create the feeling of a secluded estate in the heart of town. A welcoming sense of arrival begins with the lush front gardens and continues to the enchanting rear courtyard, where a waterfall and fountain provide a tranquil backdrop for outdoor living. Inside, a gracious foyer opens to a spacious great room featuring soaring vaulted ceilings, abundant natural light, and a stunning stone fireplace. The adjoining dining area flows seamlessly into the stunning gourmet kitchen, designed for both entertaining and everyday living. A charming keeping room with its own stone fireplace creates the perfect gathering place for family and friends while meals are prepared. The inviting screened porch, complete with a wood-burning fireplace, serves as an additional living space overlooking the picturesque gardens. Just beyond, an open-air deck offers the ideal setting for grilling, relaxing, and enjoying the mountain sunshine. The main-level primary suite is a private sanctuary, featuring a fireplace, peaceful garden views, and a luxurious spa-inspired bath with soaking tub and separate shower. A second ensuite guest bedroom and a cozy den complete the main level. Upstairs, three additional bedrooms—including a delightful bunk room—provide ample accommodations for family and guests. A sitting area and office nook offer flexible spaces for work, reading, or relaxation. Thoughtfully maintained and move-in ready, the home also features a two-car carport with floored attic storage, additional guest parking, a generator, central vacuum system, gas starters in all four fireplaces, custom closet shelving, and a fully encapsulated crawlspace. Combining privacy, luxury, and convenience, this exceptional Highlands property offers the opportunity to enjoy the very best of mountain living in one of the area's most desirable in-town locations.
Listing Agent
Christie's International Real Estate Highlands-Cashiers License #195159 Listed on: 06/27/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,300
Year Built
- Built in 2002
Lot Details
- 31,799 Sq Ft Lot
- Sloped Lot
- Cleared Lot
- Garden
Parking
- 2 Carport Spaces
Home Design
- Traditional Architecture
- Frame Construction
Interior Spaces
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Stone Fireplace
- Living Room with Fireplace
- 4 Fireplaces
- Screened Porch
- Wood Flooring
- Property Views
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Disposal
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry on main level
- Dryer
Basement
- Exterior Basement Entry
- Crawl Space
Outdoor Features
- Outdoor Water Feature
- Outdoor Fireplace
Location
- City Lot
Utilities
- Ductless Heating Or Cooling System
- Central Heating and Cooling System
- Propane
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 321
- Assessor Parcel Number 7540521395
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,300 | $2,321,590 | $741,680 | $1,579,910 |
| 2024 | $9,300 | $2,321,590 | $741,680 | $1,579,910 |
| 2023 | $7,749 | $2,321,590 | $741,680 | $1,579,910 |
| 2022 | $7,749 | $1,285,460 | $277,980 | $1,007,480 |
| 2021 | $7,749 | $1,302,760 | $277,980 | $1,024,780 |
| 2020 | $7,398 | $1,298,960 | $274,180 | $1,024,780 |
| 2018 | $6,763 | $1,273,010 | $276,480 | $996,530 |
| 2017 | $6,763 | $1,273,010 | $276,480 | $996,530 |
| 2016 | $6,220 | $1,169,300 | $276,480 | $892,820 |
| 2015 | $6,197 | $1,169,300 | $276,480 | $892,820 |
| 2014 | $3,641 | $814,940 | $226,370 | $588,570 |
| 2013 | -- | $814,940 | $226,370 | $588,570 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2026 06/27/26 | For Sale | $3,895,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,100,000 | -- | |
| Warranty Deed | $694,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $632,571 | New Conventional | |
| Closed | $793,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $417,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $408,000 | Future Advance Clause Open End Mortgage | |
| Closed | $121,000 | New Conventional | |
| Closed | $300,000 | Credit Line Revolving | |
| Closed | $200,000 | Credit Line Revolving | |
| Closed | $291,500 | New Conventional |
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 1003582
APN: 7540521395
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Ask me questions while you tour the home.