692 Lost Trail Highlands, NC 28741
Highlights
- Access To Lake
- Gated Community
- Open Floorplan
- Spa
- 1.96 Acre Lot
- Mountain View
About This Home
Built in 2021 and positioned on approximately 1.96 acres, this contemporary mountain residence offers refined craftsmanship, modern comforts, and striking Whiteside Mountain views from every room on the main level and many rooms on the lower level. Located within the gated Cullasaja Club community in Highlands, NC, the home captures the relaxed elegance and natural beauty of the Highlands-Cashiers Plateau. The main level centers around a spacious great room with soaring ceilings and a gas fireplace shared with the primary owner’s suite. Expansive sliding glass doors frame the mountain landscape and open to a screened porch with a wood-burning fireplace, creating a seamless indoor-outdoor living experience. The porch connects to an open deck accessed from the primary suite. The primary bedroom is located on the main level and features mountain views along with a generous ensuite bath that includes a soaking tub, glass walk-in shower, and walk-in closets. The kitchen blends clean design with high-end functionality and features built-in appliances including a gas stove and double ovens. A formal dining area and casual dining space provide flexibility for everyday living and entertaining. The lower level offers additional living space designed for comfort and recreation. Two guest bedrooms share a Jack-and-Jill bath, while the recreation room includes a fireplace, pool table area, and wet bar. Sliding doors lead to a covered deck with a hot tub. Large windows throughout the home bring natural light indoors while showcasing the impressive mountain views. Approved membership provides access to Cullasaja Club’s world-class amenities, including an Arnold Palmer–designed championship golf course, clubhouse dining, wellness facilities, tennis, swimming, and a vibrant social calendar. Additional features include lake access to Ravenel Lake and an extensive trail network throughout the community, with connections to the adjoining National Forest.
Listing Agent
MOUNTAIN LIFE REAL ESTATE, LLC Brokerage Email: doug@mountainlifere.com License #298313 Listed on: 03/23/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2021
Lot Details
- 1.96 Acre Lot
- Sloped Lot
HOA Fees
- $502 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
- Golf Cart Garage
Home Design
- Traditional Architecture
- Architectural Shingle Roof
- Metal Roof
- Wood Siding
- Stone Veneer
Interior Spaces
- 1-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar Fridge
- Ceiling Fan
- See Through Fireplace
- Gas Fireplace
- Propane Fireplace
- Great Room with Fireplace
- Den with Fireplace
- Recreation Room with Fireplace
- Screened Porch
- Storage
- Mountain Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Electric Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Outdoor Features
- Spa
- Access To Lake
- Balcony
- Deck
- Outdoor Fireplace
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Underground Utilities
- Propane
- Community Well
- Private Sewer
- Fiber Optics Available
Listing and Financial Details
- Assessor Parcel Number 7550-57-5277
Community Details
Overview
- Cullasaja HOA
- Cullasaja Club Subdivision
- Mandatory home owners association
Recreation
- Trails
Security
- Card or Code Access
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,414 | $2,740,448 | $350,000 | $2,390,448 |
| 2024 | $4,519 | $1,189,230 | $250,000 | $939,230 |
| 2023 | $4,519 | $1,189,230 | $250,000 | $939,230 |
| 2022 | $1,018 | $250,000 | $250,000 | $0 |
| 2021 | $950 | $250,000 | $250,000 | $0 |
| 2020 | $1,026 | $250,000 | $250,000 | $0 |
| 2019 | $1,014 | $250,000 | $250,000 | $0 |
| 2018 | $1,014 | $250,000 | $250,000 | $0 |
| 2017 | $989 | $250,000 | $250,000 | $0 |
| 2015 | $760 | $250,000 | $250,000 | $0 |
| 2011 | -- | $262,150 | $262,150 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $4,750,000 | -- | $1,120 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $120,000 | None Available |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4360852
APN: 7550-57-5277
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Ask me questions while you tour the home.