NOT LISTED FOR SALE

541 Summer Hill Rd Cullowhee, NC 28723

Cullowhee Area

Estimated Value: $3,344,000 - $4,870,000

4 Beds
4.5 Baths
4,732 Sq Ft
$888/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2021

Last sale price $3,000,000 $634 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $23,979 / mo

72 Days on Market

Highlights

  • Spa
  • Gated Community
  • 6.35 Acre Lot
  • Panoramic View
  • Built-In Refrigerator
  • Community Lake

About This Home

As of September 2021

This stunning newer custom-built home has incredible 180-degree panoramic views of Lake Glenville and the mountain ranges beyond from virtually every room. Quality craftsmanship, premium finishes and thoughtful design down to the smallest detail make this luxury family retreat the perfect choice for the discriminating buyer. Being offered turn-key with all furnishings and electronics included. The phenomenal vistas start at the front door and continue on through the impressive great room. A well-outfitted wet bar ensures that everyone has their favorite cocktail or glass of wine. Cooking is a joy in the chef's kitchen with its gas range, double ovens, center island with vegetable sink, and roomy French door refrigerator/freezer. Two outdoor fireplaces, plentiful screened porch space and an extended open deck present tempting choices for relaxing in the fresh air while taking in the amazing views. Rounding out the main level is a spacious master suite with its own screened sleeping porch for sneaking in an afternoon nap before dinner. The master bath is an oasis of comfort with a jetted tub, steam shower, dual vanities and a heated floor. The lower level boasts three guest suites, a large family room with a gaming area and casual kitchen, and an office with built-ins. The state of the art home theater makes watching the latest action movie or big football game an entirely new experience with butter-soft leather seating, an amazing surround sound system and a huge widescreen. Basement is encapsulated. Summer Hill is one of the most prestigious communities on Lake Glenville. Property owners have deeded lake access, a community dock, two outdoor pavilions, wide paved roads and a private gated entry. Ask listing agent for video, 3-D virtual tour, and floor plan of this property.

Last Agent to Sell the Property

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 License #68624 Listed on: 07/06/2021

Last Buyer's Agent

Jochen Lucke

Silver Creek Real Estate Group, Inc. License #258194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,304

Year Built

  • Built in 2009

Lot Details

  • 6.35 Acre Lot
  • Steep Slope
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Home Security System
  • Dryer

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Spa
  • Deck
  • Outdoor Fireplace

Utilities

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

Listing and Financial Details

  • Tax Lot 39 and 31
  • Assessor Parcel Number 7554-93-1081

Community Details

Overview

  • Property has a Home Owners Association
  • Summer Hill Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,304

Year Built

Built in 2009

Lot Details

6.35 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.35
  • Road Surface Type: Paved
  • Water Body Name: Lake Glenville
  • Subdivision Name: Summer Hill
  • Directions: From Crossroads - 107 North to left on North Norton (Blue Ridge School). Follow to Lloyd Hooper (Glenshore sign) and turn right. Follow one-half mile to white gate at Summer Hill (call for gate code). Stay on Summer Hill Road and veer to left past pavilion. House is second driveway on left. Address marker is at bottom of drive. Proceed all the way up on paved part driveway to front door.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2009
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Disposal, Ice Maker, Microwave, Wine Cooler, Washer
  • Has Basement: Crawl Space, Encapsulated, Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter, Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Cathedral Ceiling(s), Central Vacuum, Separate/Formal Dining Room, Jetted Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Wine Cellar, Walk-In Closet(s), Wired for Sound
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rock Outcropping, Steep Slope, Wooded
  • View: Lake, Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Barbecue
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Screened, Wrap Around
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Garage, Two Car Garage, Golf Cart Garage, Gravel, Other, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Heat Pump, Multi-Fuel
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Shared Septic, Septic Tank
  • Utilities: High Speed Internet Available, Satellite Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Lake, Park, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 276606.0
  • Parcel #: 7554-93-1081

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 8304.0
  • Tax Lot: 39 and 31
  • Tax Year: 2020

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 27, 2021
Sold by
Bought by
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Jochen Lucke
Silver Creek Real Estate Group, Inc.
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%
Current Estimated Value
$4,200,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,200,574
Avg. Annual Appreciation
7.20%

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 17, 2021
Sold by
Bought by
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Jochen Lucke
Silver Creek Real Estate Group, Inc.
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 20, 2020
Sold by
Bought by
Seller's Agent
Chuck Self
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
List Price
$2,695,000
Sold Price
$2,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
$3,000,000 None Available
-- None Listed On Document
$2,695,000 None Available
$600,000 --
Source: Public Records

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 Borrower Loan Amount
Previous Owner $600,000
Source: Public Records

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 Prior Sale
09/27/2021 09/27/21 Sold $3,000,000 -14.2% $634 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $3,495,000 +29.7% $739 / Sq Ft
10/20/2020 10/20/20 Sold $2,695,000 0.0% $570 / Sq Ft View Prior Sale
10/05/2020 10/05/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $2,695,000 -- $570 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

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 $13,105 $3,448,768 $906,950 $2,541,818
2024 $9,549 $2,512,960 $1,000,000 $1,512,960
2023 $10,428 $2,512,960 $1,000,000 $1,512,960
2022 $10,428 $2,512,960 $1,000,000 $1,512,960
2021 $9,549 $2,512,960 $1,000,000 $1,512,960
2020 $7,295 $1,782,770 $600,000 $1,182,770
2019 $7,295 $1,782,770 $600,000 $1,182,770
2018 $7,295 $1,782,770 $600,000 $1,182,770
2017 $7,117 $1,782,770 $600,000 $1,182,770
2015 $6,150 $1,782,770 $600,000 $1,182,770
2011 -- $2,028,420 $625,000 $1,403,420
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ray Trine

    Silver Creek Real Estate Group, Inc.

    (828) 506-8520

    12 in this area

    48 Total Sales

    Ray Trine
    Section Image
  • Jochen Lucke

    Buyer's Agent in 2021

    Jochen Lucke

    Silver Creek Real Estate Group, Inc.

    (828) 226-1126

    3 in this area

    130 Total Sales

    Jochen Lucke
    Section Image

  • C

    Seller's Agent in 2020

    Chuck Self

    Silver Creek Real Estate Group, Inc.

    (828) 734-7302

    7 in this area

    74 Total Sales

    Chuck Self
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 96945

APN: 7554-93-1081

North Carolina Jackson County Cullowhee 28723

541 Summer Hill Rd, Cullowhee, NC

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