NOT LISTED FOR SALE

554 Moorewood Rd Highlands, NC 28741

Estimated Value: $1,619,000 - $1,771,000

4 Beds
4.5 Baths
-- Sq Ft
1.19 Acres

Last Sold June 13, 2024

Last sale price $1,575,000

Est. 7% increase in value since last sale

Current estimated payment $9,307/month

258 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Deck
  • Fitness Center
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of June 2024

New price improvement! Nestled in the heart of the iconic Highlands Country Club, you will find this 1945 historic cottage overflowing with mountain charm. This four-bedroom, four-and-a-half bath home features vaulted tongue and groove walls and ceilings, a wood-burning stone fireplace, and dual kitchen spaces, making it easy to prep and cook simultaneously. The kitchen and adjacent area include an extra-large walk-in pantry, a utility room, two refrigerators, and a commercial ice machine. As you enter the main cottage, you're greeted by a spacious formal living and dining room that leads into additional living and dining spaces, perfect for cocktail parties or hosting dinners at home. Down a short hallway, you will find the powder room and the entrance to the primary suite. It boasts a large walk-in closet and a spacious primary bathroom. Three private, individual-bedroom ensuites are in the detached guest quarters. This home has an updated HVAC system, a partial generator, and a fully encapsulated crawlspace, adding unseen value to this well-maintained family retreat. The exterior of this home features a no-step entry into the house from a circular driveway with an additional upper parking area for overflow parking and a single-vehicle garage. There is an extra-large deck that overlooks the historic 13th hole of HCC and lush gardens nestled throughout the property. This property also boasts a private paved cart access to the golf course. The 1.19-acre combined parcels are the perfect private golf course-facing mountain retreat for small or large family gatherings and weekends away from the city. 554 Moorewood Road is located minutes from downtown Highlands, where you will find award-winning restaurants and boutique shops and the charm of one of the best small mountain towns. In August 2023, Highlands was voted the Best Small Mountain Town in the US by Travel + Leisure.

Last Agent to Sell the Property

Cole Fuhrman

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285264663 Listed on: 09/18/2023

Last Buyer's Agent

Joy Rideout

Berkshire Hathaway HomeServices Meadows Mountain Realty

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,410

Year Built

  • Built in 1945

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Golf Course Views
  • Attic Fan
  • Home Security System
  • Dryer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 148 &1/2 146
  • Assessor Parcel Number 7439878401

Community Details

Overview

  • Property has a Home Owners Association
  • Highlands CC Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,410

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.19
  • Road Surface Type: Paved
  • Subdivision Name: Highlands CC
  • Directions: From Highlands, take Highway 106 South to Highlands CC and turn left on to Hudson Road. Go 1/4 of a mile and bear left at the fork onto Moorewood Road. Go approx 1/4 of a mile and house will be on the left. 554 Moorewood.
  • Architectural Style: Bungalow, Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1945
  • Attribution Contact: 8285264663
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Encapsulated, Other
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Garden Tub/Roman Tub, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: On Golf Course, Partially Cleared, Rolling Slope
  • Pool Features: Community
  • View: Golf Course
  • View: Yes
  • Construction Type: Block, Wood Siding
  • Exterior Features: Garden
  • Foundation Details: Block
  • Other Structures: Guest House, Gazebo
  • Patio And Porch Features: Rear Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Circular Driveway, Driveway, Detached, Garage, One Car Garage, Garage Door Opener, Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Attic Fan, Central Air, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Park, Pool, Putting Green, Tennis Court(s)
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 51836.4
  • Parcel #: 7439878401
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5409.68
  • Tax Lot: 148 &1/2 146
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Jun 11, 2024
Sold by
Labcab Properties Lp
Bought by
Probasco Susan
Seller's Agent
Cole Fuhrman
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Joy Rideout
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$1,675,000
Sold Price
$1,575,000
Premium/Discount to List
-$100,000
-5.97%
Views
117
Current Estimated Value
$1,691,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,536
Avg. Annual Appreciation
5.35%
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
Probasco Susan $1,575,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2024 06/13/24 Sold $1,575,000 -6.0% --
06/03/2024 06/03/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $1,675,000 0.0% --
04/22/2024 04/22/24 For Sale $1,675,000 +6.3% --
02/06/2024 02/06/24 Off Market $1,575,000 -- --
09/18/2023 09/18/23 For Sale $1,800,000 -- --
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 $5,434 $1,327,290 $350,000 $977,290
2024 -- $1,327,290 $350,000 $977,290
2023 $5,410 $1,327,290 $350,000 $977,290
2022 $5,161 $843,090 $350,000 $493,090
2021 $5,161 $843,090 $350,000 $493,090
2020 $4,947 $843,090 $350,000 $493,090
2018 $5,103 $938,020 $400,000 $538,020
2017 $0 $938,020 $400,000 $538,020
2016 $5,103 $938,020 $400,000 $538,020
2015 $5,057 $938,020 $400,000 $538,020
2014 $4,667 $1,032,760 $437,330 $595,430
2013 -- $1,032,760 $437,330 $595,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102974

APN: 7439878401