NOT LISTED FOR SALE

Estimated Value: $982,000 - $3,594,000

4 Beds
3.5 Baths
-- Sq Ft
5.66 Acres

Last Sold January 25, 2024

Last sale price $3,100,000

Est. 20% decrease in value since last sale

Current estimated payment $13,946/month

216 Days on Market

Highlights

  • Golf Course Community
  • Panoramic View
  • Built-In Refrigerator
  • Fitness Center
  • Gated Community
  • 5.66 Acre Lot

About This Home

As of January 2024

Incredible! How else could you describe 92 Feldspar Lane? This exceptional west/southwest facing property sits on +5.5 acres and offers long-range panoramic mountain views showcasing the summits like Chimney Top, Rock Mountain, Whiteside, and Cow Rock. Step inside and embrace the beauty of this home's interior, complete with high-end finishes and thoughtful design touches. Black steel railings, sleek light fixtures from The Urban Electric Company, and ship lap walls create a clean and modern vibe throughout the home. The kitchen is complete with stainless steel appliances, custom cabinetry, and a spacious island with ample seating. The open concept allows for easy flow from the kitchen to the dining/living area, making it ideal for hosting gatherings. The Great Room offers cathedral ceilings, floor-to-ceiling windows providing plenty of natural light, and a majestic TN fieldstone masonry fireplace. The master suite is a true retreat, with a luxurious en-suite bathroom that offers large walk-in closets, heated floors, Calacatta Gold marble accents, and a large soaking tub. Three additional guest rooms and two full bathrooms located upstairs offer plenty of space for family and friends. Just as impressive, the outdoor living space is beautifully landscaped featuring a self-sourcing creek and serene cascading waterfall. Enjoy evenings on either outdoor deck, with multiple access points to each! Both decks have retractable vinyl screens, allowing you to enjoy the ambience year-round. Other benefits of this property include a finished driveway leading to an attached 2-car garage, bonus/media room, a large mudroom featuring a pet shower, and a whole-house generator. The Bald Rock community provides private access to Panthertown Valley with over 6300 acres of hiking and equestrian riding trails. Located just a short drive from the vibrant shopping and dining scene of Cashiers, N.C., this Mountainside oasis is offered fully furnishedthe only thing missing is you!

Last Agent to Sell the Property

Erin Byrd

Keller Williams Great Smokies Brokerage Phone: 8287435122 License #330365 Listed on: 05/05/2023

Keller Williams Great Smokies

Last Buyer's Agent

Margaret Elmer

Cashiers Sotheby's International Realty License #310908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 2020

Lot Details

  • 5.66 Acre Lot
  • Home fronts a stream
  • East Facing Home
  • Fenced
  • Lot Has A Rolling Slope
  • Cleared Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Mountain

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wired For Sound
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Home Security System
  • Dryer

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spring on Lot
  • Deck
  • Outdoor Water Feature
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 7593-20-4188

Community Details

Overview

  • Property has a Home Owners Association
  • Bald Rock 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

$6,500

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.66
  • Road Surface Type: Paved
  • Subdivision Name: Bald Rock
  • Directions: From Cashiers Crossroads, head E on HWY 64 for 4.5 miles. Take L on Slicers Ave (into Sapphire National Golf Club). Take slight L onto Trays Island Rd and follow for approx 2 miles through the Bald Rock gate. Continue L at the horse stables/pastures on Trays Island Rd (South loop) for 1/2 mile. Take L onto Feldspar lane and hose will be first paved driveway on the right.
  • Architectural Style: Craftsman, Post and Beam
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2020
  • Attribution Contact: 8287435122
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Oven, Ice Maker, Microwave, Tankless Water Heater, Wine Cooler, Washer
  • Has Basement: Crawl Space, Encapsulated
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter, Living Room, Masonry, Outside, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Walk-In Closet(s), Wired for Sound, Instant Hot Water

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Rolling Slope, Spring, Waterfall
  • Pool Features: Community
  • View: Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Stream
  • Direction Faces: East
  • Exterior Features: Fire Pit, Satellite Dish, Water Feature
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck, Enclosed, Front Porch, Porch, Screened, Side Porch
  • Roof: Metal, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Garage, Two Car Garage, Garage Door Opener, Other, Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Gated Community
  • Cooling: Central Air, Electric, Humidity Control
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Permit 4 Bedroom, Septic Tank
  • Utilities: Fiber Optic Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Playground, Pool, Putting Green, Tennis Court(s), Trails/Paths, Gated
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 246549.6
  • Parcel #: 7593-20-4188
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 6500.07
  • Tax Lot: 20
  • Tax Year: 2022

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jan 25, 2024
Sold by
Martichenko Robert O and Martichenko Corinne M
Bought by
Gahm Phillip H and Gahm Denise J
Seller's Agent
Erin Byrd
Keller Williams Great Smokies
Buyer's Agent
Margaret Elmer
Cashiers Sotheby's International Realty
List Price
$3,585,000
Sold Price
$3,100,000
Premium/Discount to List
-$485,000
-13.53%
Views
43
Current Estimated Value
$2,494,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$605,869
Avg. Annual Appreciation
-11.62%

Purchase Details

Closed on
Feb 27, 2019
Sold by
Joyce David W and Joyce Donna S
Bought by
Martichenko Robert O and Martichenko Corinne M

Purchase Details

Closed on
May 15, 2012
Sold by
Posusta Walter and Posusta Denise E
Bought by
Joyce David Wayne and Joyce Donna S

Purchase Details

Closed on
Nov 21, 2006
Sold by
Merrie Woode Foundation Inc
Bought by
Sloss Holdiongs Llp
Source: Public Records

Range of Values:

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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
Gahm Phillip H $3,100,000 None Listed On Document
Martichenko Robert O -- --
Joyce David Wayne $315,000 None Available
Posusta Walter $315,000 None Available
Sloss Holdiongs Llp $700,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $3,100,000 -5.6% --
12/08/2023 12/08/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $3,285,000 -8.4% --
05/05/2023 05/05/23 For Sale $3,585,000 -- --
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 $10,379 $2,731,280 $500,000 $2,231,280
2024 $5,903 $1,553,510 $300,000 $1,253,510
2023 $6,500 $1,553,510 $300,000 $1,253,510
2022 $6,500 $1,553,510 $300,000 $1,253,510
2021 $5,903 $1,553,510 $300,000 $1,253,510
2020 $1,210 $300,000 $300,000 $0
2019 $1,210 $300,000 $300,000 $0
2018 $1,210 $300,000 $300,000 $0
2017 $1,180 $300,000 $300,000 $0
2015 $1,639 $350,000 $350,000 $0
2011 -- $550,150 $550,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102046

APN: 7593-20-4188