NOT LISTED FOR SALE

Estimated Value: $3,493,734

3 Beds
3 Baths
-- Sq Ft
5.9 Acre Lot

Sale Details

Date Sold: August 16, 2018

Last sale price $975,000

Est. 258% increase in value since last sale

Current estimated payment $20,758 / mo

30 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Gated Community
  • Fitness Center
  • Panoramic View
  • 5.9 Acre Lot

About This Home

As of August 2018

This home is located at 585 Lost Trail, Highlands, NC 28741 since 31 May 2018 and is currently estimated at $3,493,734. This property was built in 1998. 585 Lost Trail is a home located in Jackson County with nearby schools including Blue Ridge School and Smoky Mountain High School.

Last Agent to Sell the Property

BILL PIKE

Highlands Cove Realty LLC Brokerage Phone: 8285265300 License #199000 Listed on: 05/31/2018

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT License #197852

Highlands Sotheby's International Realty - DT

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,057

Year Built

  • Built in 1998

Lot Details

  • 5.9 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Panoramic Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Spa
  • Deck

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 168
  • Assessor Parcel Number 7550565343

Community Details

Overview

  • Property has a Home Owners Association
  • Cullasaja Club Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,057

Year Built

Built in 1998

Lot Details

5.9 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.9
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: Cullasaja Club
  • Directions: FROM HIGHLANDS, 5 MILES EAST ON HI 64 EAST ENTER THE CULLASAJA SECURITY GATE. THE FIRST STREET PAST THE CLUBHOUSE TAKE A LEFT ONTO LOST TRAIL. DRIVE 300 YARDS, THE HOUSE IS ON THE RIGHT
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1998
  • Attribution Contact: 8285265300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Refrigerator, Wine Cooler, Washer
  • Has Basement: Crawl Space, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Separate/Formal Dining Room, Jetted Tub, Vaulted Ceiling(s), Wine Cellar, Walk-In Closet(s), Instant Hot Water
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Borders National Forest, Wooded
  • Pool Features: Community
  • View: Panoramic, Rocks
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Rear Porch, Deck, Porch, Screened

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: 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, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Near National Forest, Pool, Putting Green, Tennis Court(s)
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 257004.0
  • Parcel #: 7550565343

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5056.75
  • Tax Lot: 168
  • Tax Year: 2017

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

Closed on
Apr 3, 2025
Sold by
Wright Timothy and Wright Julie N
Bought by
Current Estimated Value
$3,493,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$448,157
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$3,045,577

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 10, 2018
Sold by
Dbk Highlands Llc
Bought by
Kleinpeter Durbin B
Seller's Agent
BILL PIKE
Highlands Cove Realty LLC
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$995,500
Sold Price
$975,000
Premium/Discount to List
-$20,500
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%

Purchase Details

Closed on
Oct 4, 2013
Sold by
Kleinpeter D Ben
Bought by
Dbk Highlands Llc

Purchase Details

Closed on
Jul 5, 2011
Sold by
Schoonover George
Bought by
Kleinpeter D Ben
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Highlands, NC

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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
-- None Listed On Document
Kleinpeter Durbin B $975,000 --
Wright Timothy -- --
Dbk Highlands Llc -- None Available
Kleinpeter D Ben $700,000 --
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
Open $500,000
Previous Owner Wright Timothy M $1,200,000
Previous Owner Wright Timothy M $200,000
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
04/24/2025 04/24/25 Off Market $975,000 -- --
08/16/2018 08/16/18 Sold $975,000 -2.1% --
07/17/2018 07/17/18 Pending -- -- --
06/16/2018 06/16/18 For Sale $995,500 -- --
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 $10,611 $2,792,270 $650,000 $2,142,270
2024 $6,017 $1,583,530 $550,000 $1,033,530
2023 $6,588 $1,583,530 $550,000 $1,033,530
2022 $6,588 $1,583,530 $550,000 $1,033,530
2021 $6,252 $1,583,530 $550,000 $1,033,530
2020 $5,247 $1,257,650 $550,000 $707,650
2019 $5,183 $1,257,650 $550,000 $707,650
2018 $5,183 $1,257,650 $550,000 $707,650
2017 $5,057 $1,257,650 $550,000 $707,650
2015 $4,585 $1,257,650 $550,000 $707,650
2011 -- $1,551,990 $602,150 $949,840
Source: Public Records

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 88653

APN: 7550-56-5343

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