NOT LISTED FOR SALE

565 Chestnut Ridge Rd Highlands, NC 28741

Estimated Value: $821,000 - $1,516,000

3 Beds
3 Baths
-- Sq Ft
43,996 Sq Ft Lot

Last Sold September 23, 2020

Last sale price $612,000

Est. 83% increase in value since last sale

Current estimated payment $6,077/month

372 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Cathedral Ceiling
  • Gated Community
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2020

Secluded behind the gates of Rustic Falls is one of the only exceptional view homes in Highlands built in the last 5 years. Situated in beautiful Horse Cove - 4 miles and 10 minutes from all the Main Street boutiques, restaurants, and amenities that Highlands has to offer. (Recently acclaimed as the #1 best small town shopping and 10th best cultural small town in America!) The stunning view of the Black Rock Mountain Cliff side may be enjoyed from the great room, master suite and deck from sunrise to sunset. The home is situated on just over an acre-landscaped with native plants and rock walls. Built just three years ago, the floor plan features a vaulted, open kitchen, living, stacked stone fireplace, and dining area that flow out to the viewing deck. The master suite, office, and 2nd bedroom and bath are also placed on the main floor. The lower level has lots of natural light, featuring a 3rd bedroom, bath, and living/entertainment room with expansive deck. Included on this level is a huge 2 car garage and workshop area. Come and enjoy the serenity, views, and magic of Horse Cove/Highlands, NC. The seller is a NC real estate broker.

Last Agent to Sell the Property

William Bubenick Jr.

Highlands Sotheby's International Realty Brokerage Phone: 8285264104 Listed on: 07/15/2019

Highlands Sotheby's International Realty

Last Buyer's Agent

Alan Cone

Keller Williams Great Smokies License #233138

Keller Williams Great Smokies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 2016

Lot Details

  • 1.01 Acre Lot
  • Steep Slope
  • Wooded Lot

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Mountain

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Ventless Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 7459535505

Community Details

Overview

  • Rustic Falls Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,474

Year Built

Built in 2016

Lot Details

1.01 Acres

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Road Surface Type: Paved
  • Subdivision Name: Rustic Falls
  • Directions: From Highlands follow Main Street East it becomes Horse Cove Road. Follow Horse Cove Road for approximately 2 1/2 miles to Walkingstick Road on right. Turn onto Walkingstick and proceed 1/2 mile to gate for Rustic Falls on Left. Turn through gate and proceed to top (bearing right) to 565 Chestnut Ridge Road on Right.
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2016
  • Attribution Contact: 8285264104
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Convection Oven, Dryer, Dishwasher, Exhaust Fan, Gas Oven, Ice Maker, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Garage Access, Interior Entry, Concrete
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter, Living Room, Stone, Ventless
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Garden Tub/Roman Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Steep Slope, Wooded
  • View: Mountain(s), Panoramic, Rocks
  • View: Yes
  • Construction Type: Fiber Cement
  • Exterior Features: Balcony, Satellite Dish
  • Other Structures: Workshop
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Balcony
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Garage Door Opener, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 425.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43995.6
  • Parcel #: 7459535505
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1473.97
  • Tax Lot: 45
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Sep 23, 2020
Sold by
Bubenick William F and Bubenick Jennifer N
Bought by
Britti John and Britti Denise
Seller's Agent
William Bubenick Jr.
Highlands Sotheby's International Realty
Buyer's Agent
Alan Cone
Keller Williams Great Smokies
List Price
$639,000
Sold Price
$612,000
Premium/Discount to List
-$27,000
-4.23%
Current Estimated Value
$1,120,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,714
Avg. Annual Appreciation
11.67%
Original Mortgage
$489,660
Outstanding Balance
$434,541
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$686,173

Purchase Details

Closed on
May 5, 2009
Sold by
Bubenick William F
Bought by
Bubenick William F and Smith Jennifer N
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Britti John $612,000 None Available
Bubenick William F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britti John $489,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $612,000 -4.2% --
07/23/2020 07/23/20 Pending -- -- --
07/16/2019 07/16/19 For Sale $639,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

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 $2,537 $836,050 $138,780 $697,270
2024 $2,537 $836,050 $138,780 $697,270
2023 $1,869 $836,050 $138,780 $697,270
2022 $1,869 $409,560 $42,930 $366,630
2021 $1,869 $409,560 $42,930 $366,630
2020 $1,765 $409,560 $42,930 $366,630
2019 $1,752 $409,560 $42,930 $366,630
2018 $1,474 $383,260 $42,420 $340,840
2017 $1,474 $383,260 $42,420 $340,840
2016 $153 $383,260 $42,420 $340,840
2015 $153 $42,420 $42,420 $0
2014 -- $51,510 $51,510 $0
2013 -- $51,510 $51,510 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2020

    Alan Cone

    Keller Williams Great Smokies

    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 91501

APN: 7459535505

North Carolina Macon County Highlands 28741

565 Chestnut Ridge Rd, Highlands, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.