85 & 95 Ralph Thomas Rd Highlands, NC 28741
Estimated payment $18,791/month
Highlights
- Guest House
- Private Lot
- Traditional Architecture
- Deck
- Wooded Lot
- Wood Flooring
About This Home
A rare two-home Highlands retreat just four minutes from Main Street, this exceptional offering was originally built by renowned local craftsman Ralph Thomas and thoughtfully updated for modern mountain living. Privately set among the trees near the Mirror Lake area, the property spans approximately one acre across two lots and offers an uncommon blend of craftsmanship, flexibility, privacy, recreational access, and income-producing potential.
Together, the residences provide approximately 4,500 square feet of interior living space, five bedrooms, five full baths, multiple flexible guest rooms and office spaces, two laundry/utility areas, four full-size refrigerators, and abundant indoor-outdoor living space. More than 2,000 square feet of decking includes a 400-square-foot cathedral-style screened porch, permanent seating areas, two fire pits, an outdoor stove, and peaceful spaces for gathering, dining, or relaxing beneath the tree canopy.
The setting is both private and convenient, with winter mountain views, summer forest-canopy vistas, and more than 130 trees planted along the perimeter in 2020 to enhance the secluded feel. A private paved driveway provides access within a quiet enclave adjoining Mirror Lake, while nearby gravel roads, waterfalls, streams, hiking trails, Skyline Lodge, and downtown Highlands place the best of the Plateau close at hand.
The primary residence underwent a comprehensive renovation in 2020 while preserving its original Adirondack camp character. Original wormy chestnut cabinetry and wood flooring remain, complemented by Bosch and Liebherr appliances, updated baths, a screened outdoor living area with electric screens, a metal roof, and replacement windows and doors throughout. Additional features include two wood-burning fireplaces, a gas river-rock fireplace, two garages with space for three vehicles, workshop areas, guest parking, high-speed internet service with fiber-optic availability, and a generator serving both homes.
The second residence has been upgraded to strengthen rental appeal and has generated up to $60,000 annually in long & short-term rental income. Located outside the Town of Highlands limits, the property benefits from the absence of municipal rental restrictions, offering flexibility for personal use, guest accommodations, or investment income. With two distinct homes, refined updates, original craftsmanship, outdoor living, and proven rental performance, this is a truly distinctive Highlands property.
Listing Agent
MOUNTAIN LIFE REAL ESTATE, LLC Brokerage Email: doug@mountainlifere.com License #298313 Listed on: 06/25/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1974
Lot Details
- 42,253 Sq Ft Lot
- Front Green Space
- Back Yard Fenced
- Private Lot
- Lot Has A Rolling Slope
- Cleared Lot
- Wooded Lot
Parking
- 3 Car Attached Garage
- Front Facing Garage
- Circular Driveway
Home Design
- Traditional Architecture
- Permanent Foundation
- Architectural Shingle Roof
- Wood Siding
- Stone Siding
- Radon Mitigation System
Interior Spaces
- 1-Story Property
- Window Screens
- French Doors
- Sliding Doors
- Family Room with Fireplace
- Living Room with Fireplace
- Basement
Kitchen
- Electric Range
- Microwave
- Bosch Dishwasher
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Deck
- Wrap Around Porch
- Patio
Additional Homes
- Guest House
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Propane
- Shared Well
- Septic Tank
Community Details
- No Home Owners Association
- Card or Code Access
Listing and Financial Details
- Assessor Parcel Number 7540161487
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $2,950,000 | -- | $708 / Sq Ft |
Source: Canopy MLS
MLS Number: 4395002
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Ask me questions while you tour the home.