NOT LISTED FOR SALE

680 Silver Springs Rd Cashiers, NC 28717

Sapphire Neighborhood

Estimated Value: $1,715,000 - $5,813,521

4 Beds
7 Baths
-- Sq Ft
2.64 Acres

Last Sold October 30, 2020

Last sale price $4,100,000

Est. 5% increase in value since last sale

Current estimated payment $25,505/month

189 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Built-In Refrigerator
  • Docks
  • Gated Community
  • 2.64 Acre Lot

About This Home

As of October 2020

This newly-constructed, stone mountain home is the inspiration of internationally acclaimed, award-winning author of fourteen interior design books. Built by local builder John Lupoli, the light, bright interior is contemporary. Highlighting streamlined silhouettes, strategic use of color and enviable architectural details, the home spotlights glamour and comfort. A curated mix of the relaxed and refined, the past and the present are showcased in this European-inspired home, located in the prestigious private community of Wade Hampton—with its famed Tom Fazio golf course, which is considered one of the finest golf courses in the United States. Perched in the estate section of Wade Hampton with a commanding view of a private lake, this two-story retreat is constructed with Texas cut limestone. The roof is heavy shake. Iron wall-mounted fixtures and lanterns are by Paul Ferrante. The finest quality workmanship and materials are evident throughout. The 2.64 acre lot is naturally landscaped and the grounds are a perfect extension of the exquisite living and entertaining areas of the home. The entry invites you with Blonde Barr stone flooring and base from Paris Ceramics imported from France. Glazed walls are the backdrop for a Murano pendant by Barovier, c. 1970. The Great Room has steel doors opening onto a terraced area tempting you to stroll or navigate across the lake on a paddle boat or kayak. (The lake is stocked annually with trout and bass.) The 18th Century limestone mantel with trumeau grounds one side of the room while the entertainment sitting area (complete with television) balances the other side. As you enter the open dining and kitchen areas, a full bar welcomes. The stainless steel topped bar has a stainless steel sink and fittings, a Sub-Zero undercounter refrigerator, a Sub-Zero undercounter Ice-Maker and a large Sony flat screen television. This home is perfection personified.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 03/23/2020

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Douglas Treadwell

Mountain Life Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,650

Year Built

  • Built in 2015

Lot Details

  • 2.64 Acre Lot
  • Lake Front
  • Garden

HOA Fees

  • $342 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Docks
  • Balcony
  • Patio
  • Outdoor Fireplace

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot L4
  • Assessor Parcel Number 7581-51-9175

Community Details

Overview

  • Wade Hampton Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,650

Year Built

Built in 2015

Lot Details

0

HOA Fees

$342 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.64
  • Road Surface Type: Paved
  • Subdivision Name: Wade Hampton
  • Directions: From the Cashiers Crossroads, take HWY 107 towards Wade Hampton Golf Club, go approx 2.5 miles and turn left at the Wade Hampton back gate. Follow Cherokee Trace Rd for approximately .5 miles to Silver Springs Rd on your right. Follow Silver Springs Rd to 680 Silver Springs Road.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2015
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Freezer, Disposal, Gas Oven, Ice Maker, Microwave, Wine Cooler, Warming Drawer, Washer
  • Has Basement: Crawl Space, Exterior Entry, Encapsulated
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Stone, Tile, Wood
  • Interior Amenities: Wet Bar, Eat-in Kitchen, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Level, Partially Cleared
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Stone
  • Exterior Features: Dock, Garden
  • Other Structures: Boat House
  • Patio And Porch Features: Balcony, Rear Porch, Covered, Front Porch, Patio, Porch, Screened
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Car Garage, Gravel, Paved

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Multi-Fuel, Zoned
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Gated, Lake, Putting Green
  • Association Fee: 4100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 114998.4
  • Parcel #: 7581-51-9175
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 10649.62
  • Tax Lot: L4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Oct 26, 2020
Sold by
Roach John D and Phillips Betty Lou
Bought by
Anderson Michael A
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Douglas Treadwell
Mountain Life Real Estate, LLC
List Price
$4,500,000
Sold Price
$4,100,000
Premium/Discount to List
-$400,000
-8.89%
Current Estimated Value
$4,288,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,912
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Nov 6, 2014
Sold by
Love David and Love Valerie
Bought by
Roach John D and Fami Betty
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
Anderson Michael A $4,100,000 None Available
Roach John D $500,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $4,100,000 -8.9% --
10/19/2020 10/19/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $4,500,000 -- --
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 $21,526 $5,664,819 $500,000 $5,164,819
2024 $15,613 $4,108,650 $500,000 $3,608,650
2023 $16,981 $4,108,650 $500,000 $3,608,650
2022 $16,981 $4,108,650 $500,000 $3,608,650
2021 $15,613 $4,108,650 $500,000 $3,608,650
2020 $10,775 $2,640,620 $500,000 $2,140,620
2019 $10,775 $2,640,620 $500,000 $2,140,620
2018 $10,775 $2,640,620 $500,000 $2,140,620
2017 $8,820 $2,640,620 $500,000 $2,140,620
2015 $2,053 $1,039,310 $500,000 $539,310
2011 -- $689,040 $689,040 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93170

APN: 7581-51-9175