$3,695,000

462 Bowery Rd Highlands, NC 28741

Estimated payment $20,663/month

Total Views 2,272
12.47 Acres
$296,311 Price per Acre
543,193 Sq Ft Lot

Highlights

  • 12.47 Acre Lot
  • No HOA
  • Lot Has A Rolling Slope
  • Mountain View
  • Circular Driveway

About This Lot

This opportunity is rare. Over 12 acres just a few minutes (1.5 miles to the middle of town) to Main Street Highlands in the desired Bowery Road neighborhood. Partial pasture. Long-standing forest. Rolling topography with up to four house sites. Potential short- and long-range views. Privacy. Easy building sites. Charming possibilities abound. As an estate lot or small, prestigious development, this property will entice the most distinguished and discerning buyers. The new owner of this property will possess a part of Highlands history. On one corner of the property sits an old well house, one of only a few still remaining in Highlands. An old house from the 1920s sat on the pasture area but had to be dismantled because sadly, it was not in salvageable condition. Plans and pictures are available, however, if someone wants to recreate and enhance this part of history. The new owner also has exciting possibilities. As indicated, the parcel can be divided into four estate-sized lots, but an owner may want to consider other options. A preliminary rendering of how the parcel can be utilized is available. Perhaps, after validating with the necessary financial and Land Trust officials, the owner could utilize one or two spots for new homes and take advantage of tax benefits by retaining the remainder as a quiet, beautiful community area that will then be forever preserved for the enjoyment of future generations of families who appreciate and value the distinct benefits of Highlands. Regardless how a buyer may choose to proceed, the options are mesmerizing.Please check with the listing agents for other ideas about maximizing this beautiful place. As one of the most unique places in the Southeast, Highlands, celebrating its 150th anniversary this year, offers an array of entertainment and activities. Great restaurants. Active church communities. Live professional-level theater. Music ranging from headliner chamber music to bluegrass in the Park. Hiking trails galore. (In fact, the property is a fairly easy walk to the Town trail system.) Popular country clubs with respected golf courses just a short drive away. This is a little picturesque part of paradise!

Listing Agent

Spencer Kirkpatrick

Highlands Sotheby's International Realty - DT Listed on: 05/20/2025

Highlands Sotheby's International Realty - DT

Co-Listing Agent

Bert Mobley

Highlands Sotheby's International Realty - DT

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,356

Lot Details

  • 12.47 Acre Lot
  • Property fronts a state road
  • Lot Has A Rolling Slope

Parking

  • Circular Driveway

Additional Features

  • Mountain Views
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7540922781

Property Details

Property Type

Land

Est. Annual Taxes

$6,356

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 12.47
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 245
  • Co List Office Phone: 828-526-8300
  • Directions: From Main St, head East on Horse Cove Rd and continue for 0.8 miles; make a sharp left onto Bowery Rd and follow it for 0.5 miles to reach 462 Bowery on your left..
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Gentle Sloping, Many Trees, Views, Level, Rolling Slope
  • Topography: Level,Rolling,Sloping
  • View: Mountain(s), Ridge
  • View: Yes
  • Exterior Features: Private Entrance
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Needed, Unknown
  • Utilities: Electricity Available, Water Connected
  • Water Source: Not Connected, Well

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No

Lot Info

  • Parcel #: 7540922781
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 6355.61
  • Tax Lot: 0
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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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

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 -- $1,624,230 $1,622,630 $1,600
2023 $7,219 $1,624,230 $1,622,630 $1,600
2022 $7,219 $1,193,040 $945,350 $247,690
2021 $7,219 $1,194,040 $945,350 $248,690
2020 $6,917 $1,194,040 $945,350 $248,690
2018 $4,729 $863,710 $622,880 $240,830
2017 -- $866,500 $622,880 $243,620
2016 $4,737 $868,000 $624,380 $243,620
2015 -- $868,000 $624,380 $243,620
2014 $4,359 $962,440 $725,040 $237,400
2013 -- $962,440 $725,040 $237,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $3,695,000 +94.5% --
10/24/2022 10/24/22 Sold $1,900,000 -5.0% --
09/14/2022 09/14/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $2,000,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,900,000 --
Interfamily Deed Transfer -- None Available
Deed -- --
Source: Public Records

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1000968

APN: 7540922781