$1,480,000
SOLD AUG 30, 2024

99 Lakes Way Bryson City, NC 28713

3 Beds
3.5 Baths
4,000 Sq Ft
2.2 Acres

Recently Sold

$370 Per Sq Ft

5% Below List Price

16 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Open Floorplan
  • Custom Home
  • 2.2 Acre Lot
  • Deck

About This Home

As of August 2024

Embrace the charm of lakefront living w/ this stunning western red cedar post and beam cabin, perched above the serene waters of Lake Fontana! Sold fully furnished, this cabin offers a unique blend of rustic elegance & modern convenience. The main level boasts massive log timbers, soaring ceilings, & expansive windows, creating a treehouse-like atmosphere. The spacious kitchen features ample cabinet & counter space, granite countertops, & an island w/ a breakfast bar. The XL great room is highlighted by a grand stone gas fireplace. The main level primary bedroom includes a cozy fireplace & an ensuite bath w/ dual granite vanities & a large step-in shower. The upper level hosts an open loft overlooking the living area, a second bedroom w/ an ensuite bath, & a bonus bunk room complete w/ a fireplace & kids play loft. The basement is home to a den/rec room, a third bedroom w/ an ensuite bath, & a large storage room. Outside, you'll find a concrete driveway leading to an oversized 2-car carport, a wrap-around deck w/ a covered porch, & a hot tub overlooking the lake. A walking path leads to the water, complete w/ a ramp and covered dock, perfect for enjoying the best of lake life!

Last Agent to Sell the Property

Marty Huskins

Keller Williams - Great Smokies - Bc Brokerage Email: 8284885777, pmcdowell@kw.com License #257347 Listed on: 07/02/2024

Keller Williams - Great Smokies - Bc

Last Buyer's Agent

Candy Wood

Keller Williams Great Smokies - Sylva License #339220

Keller Williams Great Smokies - Sylva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,746

Year Built

  • Built in 2006

Lot Details

  • 2.2 Acre Lot
  • Lake Front
  • Private Lot
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Custom Home
  • Log Cabin
  • Rustic Architecture
  • Slab Foundation
  • Shingle Roof
  • Log Siding
  • Radon Mitigation System
  • HardiePlank Type
  • Cedar
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Living Area on First Floor
  • Recreation Room
  • Bonus Room
  • Workshop
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Finished Basement Bathroom

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Open Parking

Outdoor Features

  • Access To Lake
  • Deck
  • Porch

Utilities

  • Zoned Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Power Generator
  • Private Water Source
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 664201252595

Community Details

Overview

  • Fontana Lake Estates Subdivision
  • Stream

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,746

Year Built

Built in 2006

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.2
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved, Gravel
  • Ownership: More than One Year
  • Subdivision Name: Fontana Lake Estates
  • Directions: From US-74 W in Bryson City, head southwest on US-74 W for appx 5.8 miles. Turn right onto Hipsher Cove Rd and go 0.6 miles. Continue onto Fontana Lake Dr and go 4.3 miles. Slight left onto Lake Ridge Dr and go 0.3 miles. Turn right onto Lakes Way. Property will be on the left.
  • Architectural Style: Log, Cabin, Custom
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 2006
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284885777, pmcdowell@kw.com
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Gas/Propane Water Heater, Tankless Water Heater, Dishwasher, Microwave, Electric Oven/Range, Gas Oven/Range, Refrigerator, Washer, Dryer
  • Other Equipment: Generator
  • Has Basement: Full, Partitioned, Finished, Heated, Recreation/Game Room, Workshop, Exterior Entry, Interior Entry, Finished Bath
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log, Stone, Two or More
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Ceramic Tile, Concrete
  • Interior Amenities: Bonus Room, Breakfast Bar, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Ceramic Tile Bath, Country Kitchen, Great Room, Kitchen Island, Large Master Bedroom, Living/Dining Room, Main Level Living, Primary w/Ensuite, Primary on Main Level, Open Floorplan, Pantry, Rec/Game Room, Walk-In Closet(s), Workshop
  • Window Features: Windows-Insulated/Storm, Window Treatments
  • Room Bedroom2 Level: Second
  • Room Family Room Level: Basement
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: Second
  • Room Bedroom3 Level: Basement
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level Yard, Private, Rolling
  • View: Lake, Long Range View, View Year Round, Water
  • View: Yes
  • Waterfront Features: Lake, Lake Access, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Waterfront Elevation: 1760
  • Construction Type: Log, HardiPlank Type, Cedar, Stone
  • Exterior Features: Rustic Appearance
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Carport-Double Attached, Paved Driveway

Utilities

  • Laundry Features: First Level
  • Security: Radon Mitigation System, Smoke Detector(s)
  • Cooling: Heat Pump, Three Zone
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Private
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 1800
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 95832
  • Parcel #: 664201252595
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4746
  • Tax Book Number: 502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 30, 2024
Sold by
Eng Jinhong James Louie and Lee Shively Brian
Bought by
Morlock Michael T and Morlock Heather H
Seller's Agent
Marty Huskins
Keller Williams - Great Smokies - Bc
Buyer's Agent
Candy Wood
Keller Williams Great Smokies - Sylva
List Price
$1,549,900
Sold Price
$1,480,000
Premium/Discount to List
-$69,900
-4.51%
Views
38
Current Estimated Value
$1,453,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,454
Avg. Annual Appreciation
-0.85%

Purchase Details

Listed on
Aug 14, 2020
Closed on
Dec 9, 2021
Sold by
Sikorra Daniel Mark and Sikorra Linda C
Bought by
Jinhong James Louie Eng and Shively Brian Lee
Seller's Agent
Dan Sikorra
Fontana Realty
Buyer's Agent
Dan Sikorra
Fontana Realty
List Price
$1,325,000
Sold Price
$1,325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$1,060,000
Interest Rate
3.09%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $1,480,000 None Listed On Document
Warranty Deed $1,325,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,060,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $245,000 Credit Line Revolving
Previous Owner $715,000 Construction
Previous Owner $369,164 Unknown
Previous Owner $237,358 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $1,480,000 -4.5% $370 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $1,549,900 +17.0% $387 / Sq Ft
12/17/2021 12/17/21 Sold $1,325,000 0.0% $331 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
08/20/2020 08/20/20 For Sale $1,325,000 -- $331 / Sq Ft
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
2024 $5,628 $1,248,890 $337,500 $911,390
2023 $4,746 $1,248,890 $337,500 $911,390
2022 $4,746 $1,248,890 $337,500 $911,390
2021 $4,746 $1,248,890 $0 $0
2020 $3,006 $779,390 $330,000 $449,390
2019 $3,006 $779,390 $330,000 $449,390
2018 $2,881 $779,390 $330,000 $449,390
2017 $2,881 $779,390 $330,000 $449,390
2016 $2,881 $779,390 $330,000 $449,390
2015 -- $779,390 $330,000 $449,390
2014 -- $779,390 $330,000 $449,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26037200

APN: 6642-01-25-2595