$1,085,000
SOLD FEB 3, 2025

58 Lake Point Dr Pisgah Forest, NC 28768

3 Beds
4 Baths
4,164 Sq Ft
1.8 Acres

Recently Sold

$261 Per Sq Ft

15% Below List Price

120 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Private Lot
  • Spa
  • Deck
  • Wooded Lot

About This Home

As of February 2025

Dreaming of a lakefront log cabin in the Blue Ridge Mountains? This home makes it a reality with breathtaking sunrises over a private, stocked lake. A fishing paradise, w/ rainbow trout, brim, & bass just steps away. This 4,100+ sq. ft. hand-hewn log home is ideal for multi-generational living, w/ two independent levels, each w/ 2 baths, a full kitchen, & laundry. No stairs needed, thanks to separate entrances. The upper level boasts a 2,400 sq. ft. living space with exposed beams, cathedral ceilings, and an almost 1,000 sq. ft. great room with a stacked stone fireplace and two walls of windows to let in lots of light. Downstairs offers 1,600+ sq. ft. of open-plan living, with another stone fireplace. The climate-controlled, handicap accessible 2-car garage connects to the lower level. Located in Transylvania County, just 15 minutes from the Asheville airport and 10 mins from Brevard, this home offers quintessential Western NC living with modern amenities. Sellers used as a 4 bedroom

Last Agent to Sell the Property

Theresa Hutchins

BluAxis Realty Brokerage Email: theresa@bluaxis.com License #258192 Listed on: 08/23/2024

Last Buyer's Agent

Christy McFadden

GreyBeard Realty License #308336

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,265

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Skylights
  • Fireplace
  • Water Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Accessible Home Design

  • Stair Lift
  • More Than Two Accessible Exits
  • Stepless Entry

Outdoor Features

  • Spa
  • Access To Lake
  • Deck
  • Front Porch

Additional Homes

  • Separate Entry Quarters

Schools

  • Pisgah Forest Elementary School
  • Brevard Middle School
  • Brevard High School

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9508-47-3247-000

Community Details

Overview

  • Laurel Lake Estates Maintenance Corp Association, Phone Number (828) 508-9518
  • Laurel Lake Estates Subdivision
  • Mandatory home owners association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,265

Year Built

Built in 1988

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Restrictions: Deed,Subdivision
  • Restrictions Description: No rentals less than 90 days. See covenants for other rules.
  • Second Living Quarters: Interior Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 260.57
  • Geocode Confidence: High
  • Attribution Contact: theresa@bluaxis.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Central Vacuum, Garden Tub, Pantry, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2408
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 652
  • Sq Ft Unheated Total: 652
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Washer, Washer/Dryer
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 2408
  • Accessibility Features: Two or More Access Exits, Stair Lift, Zero-Grade Entry
  • Has Basement: Basement Garage Door, Daylight, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1756
  • Door Features: Sliding Doors
  • Living Area: 4164
  • Window Features: Skylight(s)
  • Bedroom Main: 2
  • Room Count: 12
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Laurel Lake
  • Waterfront Features: Beach - Public, Paddlesport Launch Site, Dock
  • Exclusions: TV in main level living room
  • Waterfront Elevation: 2000
  • Construction Type: Log
  • Patio And Porch Features: Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 602
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Circular Driveway, Garage Door Opener, Garage Faces Front

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Laundry Room, Main Level, Multiple Locations, Sink
  • Cooling: Central Air
  • Utilities: Electricity Connected, Propane, Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 720
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Laurel Lake Estates Maintenance Corp
  • Phone: 828-508-9518
  • ResoAssociationFeeFrequency: Annually
  • Association Email: lcooper13@outlook.com

Association/Amenities

  • Association Annual Expense: 720.00

Schools

  • Middle Or Junior School: Brevard
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved, Private, Wooded, Views, Waterfront
  • Lot Size Area: 1.8
  • Lot Size Units: Acres
  • Parcel Number: 9508-47-3247-000
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: none

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Pisgah Forest
  • High School: Brevard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Jan 27, 2025
Sold by
Jelley Richard L and Jelley Tara Lin
Bought by
Lakehouse 58 Llc
Seller's Agent
Theresa Hutchins
BluAxis Realty
Buyer's Agent
Christy McFadden
GreyBeard Realty
List Price
$1,275,000
Sold Price
$1,085,000
Premium/Discount to List
-$190,000
-14.9%
Views
46
Current Estimated Value
$1,131,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,514
Avg. Annual Appreciation
7.57%
Original Mortgage
$813,750
Outstanding Balance
$812,150
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$313,964

Purchase Details

Closed on
May 15, 2020
Sold by
Jack John M
Bought by
Jack John M and The John M Jack Revocable Trust

Purchase Details

Closed on
Aug 28, 2015
Sold by
Shorr Jay Albert
Bought by
Jack Suzanne R and Suzzane R Jack Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,085,000 None Listed On Document
Warranty Deed $1,085,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $615,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $813,750 New Conventional
Closed $813,750 New Conventional
Previous Owner $200,000 Balloon
Previous Owner $19,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $402,000 New Conventional
Previous Owner $415,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $1,085,000 -1.4% $261 / Sq Ft
11/09/2024 11/09/24 Price Changed $1,100,000 -12.0% $264 / Sq Ft
10/29/2024 10/29/24 Price Changed $1,250,000 -2.0% $300 / Sq Ft
08/23/2024 08/23/24 For Sale $1,275,000 -- $306 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2024 $5,265 $793,360 $100,000 $693,360
2023 $5,263 $793,360 $100,000 $693,360
2022 $5,223 $793,360 $100,000 $693,360
2021 $5,183 $793,360 $100,000 $693,360
2020 $4,269 $613,300 $0 $0
2019 $4,238 $613,300 $0 $0
2018 $3,993 $613,300 $0 $0
2017 $3,918 $613,300 $0 $0
2016 $3,918 $613,300 $0 $0
2015 $2,668 $557,920 $112,500 $445,420
2014 $2,668 $557,920 $112,500 $445,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4173426

Canopy MLS (Canopy Realtor® Association)

APN: 9508-47-3247-000