NOT LISTED FOR SALE

979 Garnet Rock Trail Highlands, NC 28741

Estimated Value: $4,267,000 - $7,559,081

4 Beds
4.5 Baths
-- Sq Ft
0.84 Acres

Last Sold September 13, 2024

Last sale price $7,125,000

Est. 20% decrease in value since last sale

Current estimated payment $31,635/month

1 Day on Market

Highlights

  • Custom Home
  • Open Floorplan
  • Cathedral Ceiling
  • Gated Community
  • Multiple Fireplaces
  • Wood Flooring

About This Home

As of September 2024

Inside the gates of prestigious Cullasaja Club exists a special community called "The Summit." The legendary builder, John Lupoli, is quietly developing this special spot on the planet. This brand new home was just completed for some fortunate family to enjoy. The modern vibe starts at the black metal doors with floor to ceiling glass. The open floor plan has a beautiful gourmet kitchen with an incredible island. The great room is grounded by a large fireplace and the hearth room has a fireplace next to the chic bar. The luxurious primary is on the main with three large bedroom suites all the upper level. This home has a large summer kitchen and outdoor fireplace with sitting and dining areas. This home will not last long-another Lupoli masterpiece built to perfection.

Last Agent to Sell the Property

Craig Berry (MLS Only)

Highlands Sotheby's International Realty (Mls) Brokerage Phone: 8285268300 License #267689 Listed on: 08/29/2024

Highlands Sotheby's International Realty (Mls)

Last Buyer's Agent

Vickie Kimsey

Re/Max Mountain Properties License #127905

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,264

Year Built

  • Built in 2024

Lot Details

  • 0.84

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Slate Roof
  • Metal Roof
  • Board and Batten Siding
  • HardiePlank Type
  • Stone

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Wood Flooring
  • Property Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub Includes Tile Surround

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Porch
  • 0.84 Acre Lot

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Assessor Parcel Number 7550479903

Community Details

Overview

  • Cullasaja Club Subdivision
  • Stream

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,264

Year Built

Built in 2024

Lot Details

0

HOA Fees

$477 per month

Parking

3

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.835
  • Road Frontage Type: Property Owners' Assoc
  • Ownership: Less than One Year
  • Subdivision Name: Cullasaja Club
  • Directions: Go through gates of Cullasaja Club to Garnet Rock Trail. Take a left and go all the way to the top. The home is on the right.
  • Architectural Style: Contemporary, Traditional, Custom
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2024
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Gas/Propane Water Heater, Tankless Water Heater, Dishwasher, Exhaust Fan, Microwave, Gas Oven/Range, Refrigerator
  • Other Equipment: Generator
  • Has Basement: Full, Exterior Entry, Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Gas Log, Two or More
  • Fireplace: Yes
  • Flooring: Hardwood, Engineered Hardwood
  • Interior Amenities: Bonus Room, Breakfast Bar, Cathedral/Vaulted Ceiling, Ceramic Tile Bath, Soaking Tub, Great Room, Kitchen/FR Combo, Living/Dining Room, Primary w/Ensuite, Primary on Main Level, Open Floorplan, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Elevation over 4000
  • View: Long Range View, View Year Round
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: HardiPlank Type, Stone, Board & Batten Siding
  • Patio And Porch Features: Porch
  • Roof: Slate, Metal, Other

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Garage-Triple Attached, Garage Door Opener, Paved Driveway

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cell Service Available
  • Water Source: Community
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 5719
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 36372.6
  • Parcel #: 7550479903

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 8264.24
  • Tax Book Number: E-42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Sep 13, 2024
Sold by
Sclv Llc
Bought by
Charles Alan Bentley Revocable Trust
Seller's Agent
Craig Berry (MLS Only)
Highlands Sotheby's International Realty (Mls)
Buyer's Agent
Vickie Kimsey
Re/Max Mountain Properties
List Price
$7,125,000
Sold Price
$7,125,000
Views
1
Current Estimated Value
$5,714,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,410,306
Avg. Annual Appreciation
-14.77%

Purchase Details

Closed on
Oct 18, 2022
Sold by
Summit At Cullasaja Llc
Bought by
Sclv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.92%
Mortgage Type
Construction
Source: Public Records
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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
Charles Alan Bentley Revocable Trust $7,125,000 None Listed On Document
Sclv Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sclv Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $7,125,000 0.0% --
09/13/2024 09/13/24 Sold $7,125,000 0.0% -- View Prior Sale
09/09/2024 09/09/24 Pending -- -- --
08/30/2024 08/30/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $7,125,000 -1.7% --
08/29/2024 08/29/24 For Sale $7,250,000 -- --
Source: Carolina Smokies Association 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 $17,794 $6,113,400 $650,000 $5,463,400
2024 $8,264 $3,436,400 $650,000 $2,786,400
2023 $1,879 $650,000 $650,000 $0
2022 $1,505 $350,000 $350,000 $0
2021 $1,505 $350,000 $350,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26037887

APN: 7550479903