NOT LISTED FOR SALE

723 Lost Trail Highlands, NC 28741

Estimated Value: $1,434,000 - $3,399,127

4 Beds
3.5 Baths
-- Sq Ft
0.77 Acres

Last Sold August 09, 2018

Last sale price $635,000

Est. 277% increase in value since last sale

Current estimated payment $13,706/month

128 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Built-In Refrigerator
  • Fitness Center
  • View of Trees or Woods
  • Community Lake

About This Home

As of August 2018

Live behind the gates of prestigious Cullasaja Club,considered one of the finest clubs in the area, where membership is welcome but not mandatory. Enjoy this furnished (with a few exceptions),4 bedroom 3.5 bath home which was designed with the greatest attention to detail. This private and serene property, with extensive outdoor landscape lighting, consists of .77 wooded acres nestled into the National Forest for a natural and tranquil retreat. With close-up views of the forest from nearly every room in the house, this mountain home offers privacy and quiet. One-level-living, with the Master Suite, second bedroom and laundry room on the main level, you can easily live on the main floor, while your family and guests enjoy the lower level. Pamper yourself in luxury. The chef's kitchen is clad in custom wood cabinets, granite counters with sleek black appliances. The lower level offers two guest suites along with a second living room, perfect for 'game night' or 'movie night' with your grandchildren. The beautiful stone fireplace in the main floor screened-in porch is the perfect place to start your dinner parties, or family get-togethers, all while enjoying the cool crisp mountain evening air. Off the paved circular drive, is the attached two car garage that offers plenty of storage. Overflow/guest parking is never a problem. The Cullasaja Club community has 100 year-old specimen trees that dot the landscape with the Cullasaja River running right through the develpoment. Relationships, family and friends are really what we are all about.Each year, more families choose Cullasaja Club for its unique combination of simple mountain pleasures, a vibrant social club, and a casual, relaxed lifestyle that is shared by all generations. Golf legend Arnold Palmer designed the par-72 championship golf course. Care-free living as the HOA has a Concierge service available to arrange for the home or landscaping needs of it's members. Fireplace Features: 2 or more

Last Agent to Sell the Property

Andrea Gabbard

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285261717 Listed on: 03/20/2018

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Ted Schmidt

Carolina Select Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 2000

Lot Details

  • 0.77 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Views of Woods
  • Dryer

Kitchen

  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Outdoor Fireplace

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 7550569928

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,705

Year Built

Built in 2000

Lot Details

0

HOA Fees

$332 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Road Surface Type: Paved
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right into the Cullasaja Club entrance. Go past the security gate and follow Cullasaja Club Drive past the clubhouse (on right). Turn left on to Lost Trail (1st road on left past clubhouse). 723 Lost Trail is almost at the end of the road. #723 is on the right
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2000
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Oven, Built-In Refrigerator, Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Washer
  • Has Basement: Exterior Entry, Finished, Heated, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, Outside, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Jetted Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Borders National Forest, Rolling Slope
  • Pool Features: Community
  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Fiber Cement, Stone, Wood Siding
  • Patio And Porch Features: Rear Porch, Deck, Screened, Side Porch
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer: Public 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, Playground, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 3982.5
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 7550569928
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3704.56
  • Tax Lot: 163
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2019
Sold by
Deborah Kabinoff Deb and Deborah Aritman-Knowles
Bought by
Deorah Arbitman Ret
Current Estimated Value
$2,392,532

Purchase Details

Listed on
Mar 20, 2018
Closed on
Aug 6, 2018
Sold by
Hart John E and Hart Linda M
Bought by
Kabinoff Larry and Kabinoff Deb
Seller's Agent
Andrea Gabbard
Highlands Sotheby's International Realty - DT
Buyer's Agent
Ted Schmidt
Carolina Select Real Estate, Inc.
List Price
$749,000
Sold Price
$635,000
Premium/Discount to List
-$114,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.17%
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
Deorah Arbitman Ret -- --
Kabinoff Larry $635,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $635,000 -15.2% --
07/27/2018 07/27/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $749,000 -- --
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 $10,211 $2,686,984 $350,000 $2,336,984
2024 $5,054 $1,329,950 $250,000 $1,079,950
2023 $5,556 $1,329,950 $250,000 $1,079,950
2022 $4,125 $978,680 $250,000 $728,680
2021 $3,719 $978,680 $250,000 $728,680
2020 $3,842 $910,360 $250,000 $660,360
2019 $3,796 $910,360 $250,000 $660,360
2018 $3,796 $910,360 $250,000 $660,360
2017 $3,705 $910,360 $250,000 $660,360
2015 $3,525 $910,360 $250,000 $660,360
2011 -- $1,179,350 $230,150 $949,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrea Gabbard

    Highlands Sotheby's International Realty - DT

    (828) 200-6742

    59 in this area

    91 Total Sales

    Andrea Gabbard
    Section Image
  • Ted Schmidt

    Buyer's Agent in 2018

    Ted Schmidt

    Carolina Select Real Estate, Inc.

    (828) 279-2732

    5 in this area

    104 Total Sales

    Ted Schmidt
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87809

APN: 7550-56-9928

North Carolina Jackson County Highlands 28717

723 Lost Trail, Highlands, NC

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