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For sale
  • $3,500,000

    115 W Falls Court, Highlands, NC 28741

    5beds
    --sqft
    : 
    $20,993/mo
    Get pre-qualified
    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
    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.
    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

        DateEventPrice
        8/25/2026Listed for sale$3,500,000-17.6%
        Source: HCMLS #1004002 Report a problem
        7/16/2026Listing removed$25,000
        Source: Zillow Rentals Report a problem
        5/28/2026Listed for rent$25,000
        Source: Zillow Rentals Report a problem
        10/1/2025Listing removed$4,250,000
        Source: HCMLS #1000392 Report a problem
        3/24/2025Listed for sale$4,250,000+115.2%
        Source: HCMLS #1000392 Report a problem
        3/17/2022Listing removed--
        Source: HCMLS Report a problem
        11/10/2021Pending sale$1,975,000
        Source: HCMLS #96828 Report a problem
        6/22/2021Listed for sale$1,975,000+172.4%
        Source: HCMLS #96828 Report a problem
        9/28/2012Sold$725,000-23.6%
        Source: Public Record Report a problem
        6/27/2012Price change$949,000-3.1%
        Source: Exurbia Sotheby's International Realty #74750 Report a problem
        5/9/2012Price change$979,000-14.9%
        Source: Exurbia Sotheby's International Realty #74750 Report a problem
        4/4/2012Listed for sale$1,150,000+53.8%
        Source: EXURBIA SOTHEBY'S INTERNATIONAL REALTY #74750 Report a problem
        3/23/2012Sold$747,500-53.1%
        Source: Public Record Report a problem
        7/24/2011Listed for sale$1,595,000
        Source: EXURBIA SOTHEBY'S INTERNATIONAL REALTY #65669 Report a problem
        6/9/2011Listing removed$1,595,000
        Source: Exurbia Sotheby's International Realty #65669 Report a problem
        5/3/2010Listed for sale$1,595,000-11.1%
        Source: EXURBIA SOTHEBY'S INTERNATIONAL REALTY #65669 Report a problem
        12/12/2009Listing removed$1,795,000
        Source: Exurbia Sotheby's International Realty #65669 Report a problem
        9/1/2009Listed for sale$1,795,000-18.2%
        Source: Exurbia Sotheby's International Realty #65669 Report a problem
        3/2/2009Listing removed$2,195,000
        Source: iHOUSEWeb Solutions, Inc Report a problem
        12/5/2008Listed for sale$2,195,000
        Source: iHOUSEWeb Solutions, Inc Report a problem

        Public tax history

        YearProperty taxesTax 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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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 28741

        Getting around

        3 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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