Riverfront Serenity in the Heart of Cullasaja Club. Discover the best of both worlds at 115 Falls Court - a beautifully appointed riverfront residence offering remarkable privacy and tranquility while being just moments from the heartbeat of Cullasaja Club.
Set on a quiet lot along the banks of the Cullasaja River, this five-bedroom, five-full and two-half-bath home enjoys the soothing sights and sounds of the river as its natural backdrop. Yet just beyond this peaceful setting are the Club's exceptional amenities, including the new Wellness Center and Community Activity Center, Arnold Palmer-designed golf course, swimming pool, playground, croquet lawns, tennis courts and Clubhouse. It is a rare combination: close to everything that makes club life so enjoyable, yet tucked away in a setting that feels wonderfully removed.
Designed with family and guest in mind, the home offers multiple living spaces, flexible-use areas and a thoughtful floor plan spanning three levels. The gourmet kitchen opens to a spacious covered deck overlooking the river - an inviting place for morning coffee, relaxed lunches, cocktails at the end of the day or simply listening to the water below.
A generous primary suite is located on the main level, while each additional level offers another spacious suite, creating exceptional privacy for family and guests. Upstairs are two additional guest suites, a media room and thoughtfully designed office nooks that make working remotely or finding a quiet place to read effortless.
The terrace level is an entertainment destination of its own, featuring another primary suite, kitchenette, laundry, wine cellar and pool table room. With its combination of private accommodations and gathering spaces, this level is ideal for extended family, houseguests or multiple generations enjoying the mountains together.
Perhaps the greatest luxury of 115 Falls Court is its location. Within Cullasaja Club, you are close to the center of activity while coming home to the peace of the river. Beyond the gates, the property is conveniently positioned between Highlands and Cashiers, offering easy access to two of Western North Carolina's most beloved mountain communities.
At 115 Falls Court, the choice is yours: spend the day enjoying everything Cullasaja Club has to offer, venture into Highlands or Cashiers for shopping and dinner, or simply stay home, settle onto the covered deck and let the Cullasaja River provide the soundtrack.
For sale
$3,500,000
115 W Falls Court, Highlands, NC 28741
5beds
--sqft
Single Family Residence
Built in 2004
0.92 Acres Lot
$3,258,400 Zestimate®
$--/sqft
$502/mo HOA
What's special
Riverfront residenceGourmet kitchenCovered deckMedia roomPool table roomWine cellarThoughtfully designed office nooks
- 9 days
- 515
- 11
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Josephine Lovell,
Highlands Sotheby's International Realty - DT
Source: HCMLS,MLS#: 1004002Originating MLS: Highlands Cashiers Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Bedroom 5
- Level: Lower
Primary bathroom
- Level: Main
Bathroom 2
- Level: Upper
Bathroom 3
- Level: Upper
Bathroom 4
- Level: Upper
Bathroom 5
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Lower
Great room
- Level: Main
Kitchen
- Level: Main
Loft
- Level: Upper
Media room
- Level: Upper
Heating
- Gas
Cooling
- Central Air, Electric
Appliances
- Included: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Indoor Grill, Microwave, Propane Cooktop, Refrigerator, Washer
- Laundry: Main Level, Lower Level
Features
- Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Basement: Partial,Unfinished
- Number of fireplaces: 3
- Fireplace features: Family Room, Gas, Great Room, Kitchen, Stone
- Furnished: Yes
Property
Parking
- Total spaces: 3
- Parking features: Garage, Three Car Garage, Paved
- Garage spaces: 3
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck
- Exterior features: Garden, Private Entrance, Private Yard
- Pool features: Community
- Has view: Yes
- View description: Garden, River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, River Access, Deeded Access, Waterfront
Lot
- Size: 0.92 Acres
- Features: Garden, Level, Waterfront, Rolling Slope
- Topography: Rolling
Details
- Parcel number: 7550177110
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame, Stone, Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Private Sewer
- Water: Community/Coop
- Utilities for property: Electricity Connected, Fiber Optic Available, Propane, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Fishing, Golf, Lake, Pool, Putting Green, Tennis Court(s), Water Access, Gated
- Security: Gated Community, 24 Hour Security, Smoke Detector(s)
- Subdivision: Cullasaja Club
HOA
- Has HOA: Yes
- HOA fee: $6,024 annually
- HOA name: Cullasaja Homeowners' Association
Location
- Region: Highlands
Financial & listing details
- Tax assessed value: $2,741,340
- Annual tax amount: $8,045
- Date on market: 8/25/2026
Estimated market value
$3,258,400
$3.10M - $3.42M
$7,385/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $3,500,000-17.6% |
Source: HCMLS #1004002 Report a problem | ||
| 7/16/2026 | Listing removed | $25,000 |
Source: Zillow Rentals Report a problem | ||
| 5/28/2026 | Listed for rent | $25,000 |
Source: Zillow Rentals Report a problem | ||
| 10/1/2025 | Listing removed | $4,250,000 |
Source: HCMLS #1000392 Report a problem | ||
| 3/24/2025 | Listed for sale | $4,250,000+115.2% |
Source: HCMLS #1000392 Report a problem | ||
| 3/17/2022 | Listing removed | -- |
Source: HCMLS Report a problem | ||
| 11/10/2021 | Pending sale | $1,975,000 |
Source: HCMLS #96828 Report a problem | ||
| 6/22/2021 | Listed for sale | $1,975,000+172.4% |
Source: HCMLS #96828 Report a problem | ||
| 9/28/2012 | Sold | $725,000-23.6% |
Source: Public Record Report a problem | ||
| 6/27/2012 | Price change | $949,000-3.1% |
Source: Exurbia Sotheby's International Realty #74750 Report a problem | ||
| 5/9/2012 | Price change | $979,000-14.9% |
Source: Exurbia Sotheby's International Realty #74750 Report a problem | ||
| 4/4/2012 | Listed for sale | $1,150,000+53.8% |
Source: EXURBIA SOTHEBY'S INTERNATIONAL REALTY #74750 Report a problem | ||
| 3/23/2012 | Sold | $747,500-53.1% |
Source: Public Record Report a problem | ||
| 7/24/2011 | Listed for sale | $1,595,000 |
Source: EXURBIA SOTHEBY'S INTERNATIONAL REALTY #65669 Report a problem | ||
| 6/9/2011 | Listing removed | $1,595,000 |
Source: Exurbia Sotheby's International Realty #65669 Report a problem | ||
| 5/3/2010 | Listed for sale | $1,595,000-11.1% |
Source: EXURBIA SOTHEBY'S INTERNATIONAL REALTY #65669 Report a problem | ||
| 12/12/2009 | Listing removed | $1,795,000 |
Source: Exurbia Sotheby's International Realty #65669 Report a problem | ||
| 9/1/2009 | Listed for sale | $1,795,000-18.2% |
Source: Exurbia Sotheby's International Realty #65669 Report a problem | ||
| 3/2/2009 | Listing removed | $2,195,000 |
Source: iHOUSEWeb Solutions, Inc Report a problem | ||
| 12/5/2008 | Listed for sale | $2,195,000 |
Source: iHOUSEWeb Solutions, Inc Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,045 | $2,741,340 |
| 2024 | $8,045 +0.1% | $2,741,340 |
| 2023 | $8,033 +38.4% | $2,741,340 +107% |
| 2022 | $5,803 | $1,324,360 |
| 2021 | $5,803 +6.1% | $1,324,360 |
| 2020 | $5,468 +0.2% | $1,324,360 |
| 2019 | $5,455 | $1,324,360 -4.5% |
| 2018 | $5,455 +7.3% | $1,387,040 |
| 2017 | $5,086 | $1,387,040 |
| 2016 | $5,086 | $1,387,040 |
| 2015 | $5,086 +0.5% | $1,387,040 -17% |
| 2014 | $5,063 | $1,671,510 |
| 2013 | $5,063 | $1,671,510 |
| 2012 | -- | $1,671,510 |
| 2011 | -- | $1,671,510 |
| 2010 | -- | $1,671,510 |
Find assessor info on the county website
Monthly payment
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