NOT LISTED FOR SALE

671 Zeb Buchanan Rd Cullowhee, NC 28723

Cullowhee Area

Estimated Value: $4,853,000 - $13,080,510

151.24 Acres
$59,288 Price per Acre
6,588,014 Sq Ft Lot

Sale Details

Date Sold: August 31, 2020

Last sale price $4,900,000

Est. 83% increase in value since last sale

Current estimated payment $50,876 / mo

1257 Days on Market

Highlights

  • Home fronts a pond
  • Gated Community
  • Wooded Lot
  • Panoramic View
  • 151.24 Acre Lot
  • No HOA

About This Lot

As of August 2020

Cashiers/Highlands finest estate opportunity minutes from both Mountaintop Golf Club, Old Edwards Club and Cashiers and Highlands, North Carolina. Centrally located between Cashiers and Highlands in beautiful western North Carolina, Yellow Mountain Preserve boasts the highest elevation on the Cashiers-Highlands Plateau at 5,100 ft and is a true legacy property. The 150 acre estate has roads and utilities in place for a low density estate development or can be enjoyed as a single family or shared family estate. Elevation reaches 5,127 feet at its highest point, offering unique high-elevation vegetation and the finest, grandest views in the area. The estate adjoins 12,000 acres of the Nantahala National Forest offering unlimited trails for hiking, mountain biking, and horse-back riding. A 26-acre gentleman's farm site sits at 4600 feet and provides a peaceful 360 degree view of the surrounding mountains. At the summit, the Yellow Mountain fire tower rests near the boundary of the National Forest. The 360 degree stunning panoramic views from there include Cashiers Valley, Whiteside Mountain, Lake Glenville, and Sapphire Valley. Mountain laurel, blueberries and other heaths grow on the open bald of the summit making it a truly special place. All the views and natural surroundings combined with electronic access through a stoned entry, a paved road, high speed internet access and full cell phone coverage makes Yellow Mountain Preserve an exceptional and unique piece of the Blue Ridge Mountains. Yellow Mountain Preserve is beautiful...by nature.

Last Agent to Sell the Property

Elizabeth Harris

McKee Properties Brokerage Phone: 8287433411 License #215864 Listed on: 02/28/2017

Last Buyer's Agent

Elizabeth Harris

McKee Properties Brokerage Phone: 8287433411 License #215864 Listed on: 02/28/2017

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,261

Lot Details

  • 151.24 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Steep Slope
  • Wooded Lot

Property Views

  • Panoramic
  • Mountain

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 7543-80-4899

Property Details

Property Type

Land

Est. Annual Taxes

$10,261

Lot Details

151.24 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 151.24
  • Directions: From Cashiers: Take Hwy 64 West towards Highlands. Go approx 2 miles. Right on Norton Road. Go approx 2 miles. Left on Yellow Mountain Rd. Go approx 2 miles. Left on Zeb Buchanan Rd. Go approx .6 mile to Yellow Mountain Preserve gated entrance. Listing agent Liz Harris or Mike Benitez must accompany.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Borders National Forest, Level, Partially Cleared, Rolling Slope, Steep Slope, Subdivided, Wooded
  • View: Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Pond, Stream

Utilities

  • Sewer: Septic Needed
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6588014.4
  • Parcel #: 7543-80-4899

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 10261.32
  • Tax Lot: 0
  • Tax Year: 2016

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
Feb 28, 2017
Closed on
Aug 25, 2020
Sold by
Bought by
Seller's Agent
Elizabeth Harris
McKee Properties
Buyer's Agent
Elizabeth Harris
McKee Properties
List Price
$6,950,000
Sold Price
$4,900,000
Premium/Discount to List
-$2,050,000
-29.5%
Current Estimated Value
$8,966,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,066,755
Avg. Annual Appreciation
10.75%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$4,432,000 None Available
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 $3,092,441
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
08/31/2020 08/31/20 Sold $4,900,000 -29.5% --
08/10/2020 08/10/20 Pending -- -- --
03/01/2017 03/01/17 For Sale $6,950,000 -- --
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 $19,098 $5,025,900 $5,025,900 $0
2024 $16,165 $4,253,900 $4,253,900 $0
2023 $17,415 $4,253,900 $4,253,900 $0
2022 $17,621 $4,304,160 $4,304,160 $0
2021 $16,356 $4,304,160 $4,304,160 $0
2020 $7,897 $1,957,970 $1,957,970 $0
2019 $7,897 $1,957,970 $1,957,970 $0
2018 $7,897 $1,957,970 $1,957,970 $0
2017 $7,701 $1,957,970 $1,957,970 $0
2015 $11,401 $1,957,970 $1,957,970 $0
2011 -- $3,825,920 $3,825,920 $0
Source: Public Records

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85322

APN: 7543-80-4899

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