692 Lost Trail Highlands, NC 28741
Estimated payment $24,166/month
Highlights
- Community Boat Dock
- Fitness Center
- Gated Community
- Golf Course Community
- New Construction
- Built-In Refrigerator
About This Home
Completed in 2021, this thoughtfully designed mountain home offers modern luxury and exceptional Whiteside Mountain views from almost every room on the main level and many rooms on the lower level. Situated on approximately 1.96 acres within the gated Cullasaja Club community, the property combines refined design with the natural beauty that defines the Highlands, NC lifestyle.
The main living area features an open great room centered around a gas fireplace shared with the primary owner’s suite, creating warmth and visual continuity between the spaces. Expansive sliding glass doors frame the mountain scenery and open to a screened porch with a wood-burning fireplace—an inviting outdoor living space ideal for relaxing or entertaining throughout the seasons. The porch also connects to the open deck accessed from the primary suite.
The primary bedroom is conveniently located on the main level and includes mountain views along with a spacious ensuite bath featuring a deep soaking tub, glass walk-in shower, and walk-in closets. The kitchen is designed with both elegance and functionality in mind and includes high-end built-in appliances such as a gas stove and double ovens. A formal dining area and casual dining space provide flexibility for gatherings large and small.
The lower level expands the home’s living space with two guest bedrooms connected by a Jack-and-Jill bath. A spacious recreation room includes a fireplace, pool table area, and wet bar, creating an ideal setting for hosting guests. Sliding doors open to a covered deck featuring a hot tub and peaceful wooded surroundings.
Throughout the home, large windows bring natural light indoors while highlighting the dramatic views of Whiteside Mountain.
Cullasaja Club is a gated mountain community offering an Arnold Palmer–designed golf course upon membership application and approval, lake access to Ravenel Lake, and scenic walking trails throughout the community, including connections to the adjoining National Forest.
Listing Agent
Mountain Life Real Estate, LLC License #298313 Listed on: 03/23/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,031
Year Built
- Built in 2021 | New Construction
Lot Details
- 1.96 Acre Lot
- Gated Home
- Sloped Lot
- Garden
HOA Fees
- $502 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Frame Construction
- Shingle Roof
- Metal Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Wet Bar
- Furnished or left unfurnished upon request
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- 4 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Propane Cooktop
- Built-In Refrigerator
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Soaking Tub
Laundry
- Laundry on main level
- Dryer
Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Fireplace in Basement
Outdoor Features
- Deck
- Covered Patio or Porch
- Outdoor Fireplace
Utilities
- Central Air
- Heat Pump System
- Propane
- Private Sewer
Listing and Financial Details
- Tax Lot 159rev
- Assessor Parcel Number 7550-57-5277
Community Details
Overview
- Cullasaja HOA
- Cullasaja Club Subdivision
- Community Lake
Recreation
- Community Boat Dock
- Golf Course Community
- Community Playground
- Fitness Center
- Trails
Additional Features
- Clubhouse
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,414 | $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
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 |
|---|---|---|---|---|
| 05/28/2026 05/28/26 | Price Changed | $4,250,000 | -10.5% | -- |
| 03/23/2026 03/23/26 | For Sale | $4,750,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $120,000 | None Available |
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 1002846
APN: 7550-57-5277
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Ask me questions while you tour the home.