Butternut Cottage is a rare offering on Lake Sequoyah. The cottage is a masterfully reimagined historic residence where timeless mountain craftsmanship meets refined modern living. Originally built in 1940 and meticulously renovated in 2020, this home preserves its authentic soul while elevating every detail for today’s luxury lifestyle.
From the moment you enter, the home reveals its character through extensive use of reclaimed wormy chestnut, thoughtfully integrated throughout the interior. Custom cabinetry in the downstairs kitchen and secondary bathrooms showcases this storied wood, preserving the warmth and patina of the original structure while giving it new life in a sophisticated, curated design.
A striking live-edge staircase crafted from butternut wood serves as both architectural centerpiece and sculptural art piece, setting the tone for a residence defined by organic elegance and craftsmanship. Throughout the home, four wood-burning fireplaces create inviting focal points, offering warmth and ambiance across multiple living spaces.
Designed to dissolve the boundary between indoors and out, the home features a seamless flow to expansive outdoor living areas where nature becomes an extension of daily life. The setting is enhanced by a beautifully terraced and landscaped yard, thoughtfully planted with mature apple and pear trees, blueberry bushes, and an established perennial garden that provide color and texture throughout the seasons.
Outdoor living is elevated by two private docks, offering direct access to Lake Sequoyah—perfect for paddle boarding, kayaking, fishing, or simply enjoying quiet mornings on the water. The lakefront lifestyle is peaceful, private, and deeply connected to the surrounding natural beauty.
Butternut Cottage is more than a home—it is a legacy property where history, design, and landscape converge. Every detail has been intentionally preserved or elevated, resulting in a residence that feels both grounded in heritage and unmistakably refined.
A truly unique opportunity to own a one-of-a-kind mountain lake retreat where craftsmanship and nature exist in perfect harmony.
For sale
Price cut: $95K (7/17)
$2,500,000
311 Sequoyah Drive, Highlands, NC 28741
3beds
--sqft
Single Family Residence
Built in 1940
0.87 Acres Lot
$2,328,600 Zestimate®
$--/sqft
$-- HOA
What's special
Two private docksEstablished perennial gardenBlueberry bushesFour wood-burning fireplaces
- 127 days
- 548
- 28
Zillow last checked:
Listing updated:
Listed by:
Linda Conley,
Howard Hanna Allen Tate - Wildcat Cliffs
Source: HCMLS,MLS#: 1003231Originating MLS: Highlands Cashiers Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: Basement
Primary bathroom
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: Basement
Dining room
- Level: First
Family room
- Level: First
Other
- Features: Additional Living Quarters
- Level: Basement
Kitchen
- Level: First
Kitchen
- Level: Basement
Other
- Level: First
Other
- Level: Basement
Utility room
- Level: Basement
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Down Draft, Dryer, Dishwasher, Free-Standing Refrigerator, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Water Heater, Washer
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Kitchen, Main Level, Lower Level
Features
- Beamed Ceilings, Bookcases, Ceiling Fan(s), Chandelier, Cathedral Ceiling(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Storage, Bar, Wine Cellar, Natural Woodwork, Walk-In Closet(s)
- Flooring: Concrete, Hardwood, Painted/Stained, Reclaimed Wood, Stone, Tile, Wood
- Basement: Daylight,Exterior Entry,Full,Finished,Heated,Interior Entry,Concrete,Walk-Out Access
- Number of fireplaces: 4
- Fireplace features: Basement, Den, Family Room, Free Standing, Gas Starter, Great Room, Kitchen, Living Room, Masonry, Outside, Propane, Raised Hearth, Stone, Wood Burning
Interior area
- Living area range: 1501-2000 Square Feet
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport, Additional Parking, Asphalt, Circular Driveway, Drive Through, Guest, Gravel
- Carport spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Covered, Deck, Front Porch, Patio, Porch, Side Porch, Terrace
- Exterior features: Dock, Garden, Lighting, Private Yard, Fire Pit, Satellite Dish
- Has view: Yes
- View description: Lake, Orchard
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Lake Front, Lake Privileges, Navigable Water, Deeded Access, Waterfront
- Body of water: Lake Sequoyah
Lot
- Size: 0.87 Acres
- Features: Back Yard, Garden, Landscaped, Native Plants, Orchard(s), Private, Many Trees, Secluded, Waterfront
- Topography: Sloping,Terraced
Details
- Parcel number: 7530766006
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cottage,Craftsman,Garden Home
- Property subtype: Single Family Residence
Materials
- Frame, Stone, Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Water Access
- Subdivision: Sequoyah Ridge
HOA
- Has HOA: No
Location
- Region: Highlands
Financial & listing details
- Tax assessed value: $1,151,860
- Annual tax amount: $4,627
- Date on market: 5/6/2026
- Cumulative days on market: 129 days
- Road surface type: Asphalt, Gravel
Estimated market value
$2,328,600
$2.21M - $2.45M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $2,500,000-3.7% |
Source: HCMLS #1003231 Report a problem | ||
| 5/6/2026 | Listed for sale | $2,595,000+92.2% |
Source: HCMLS #1003231 Report a problem | ||
| 5/13/2021 | Sold | $1,350,000-3.2% |
Source: Public Record Report a problem | ||
| 4/26/2021 | Pending sale | $1,395,000 |
Source: HCMLS #96235 Report a problem | ||
| 4/20/2021 | Listed for sale | $1,395,000+541.4% |
Source: HCMLS #96235 Report a problem | ||
| 1/24/2020 | Sold | $217,500-12.7% |
Source: HCMLS #92505 Report a problem | ||
| 1/12/2020 | Pending sale | $249,000 |
Source: Highlands Sotheby's International Realty #92505 Report a problem | ||
| 12/19/2019 | Listed for sale | $249,000 |
Source: Highlands Sotheby's International Realty #92505 Report a problem | ||
| 12/5/2019 | Pending sale | $249,000 |
Source: Highlands Sotheby's International Realty #92505 Report a problem | ||
| 12/2/2019 | Listed for sale | $249,000 |
Source: HIGHLANDS SOTHEBYS INTL RLTY - DT OFFICE #92505 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,627 | $1,151,860 |
| 2024 | $4,627 +0.3% | $1,151,860 |
| 2023 | $4,615 +5.7% | $1,151,860 +58.6% |
| 2022 | $4,368 +0.1% | $726,260 +0.1% |
| 2021 | $4,362 +73% | $725,250 +68.7% |
| 2020 | $2,520 +0.5% | $429,880 |
| 2019 | $2,507 | $429,880 +15.3% |
| 2018 | $2,507 +22.4% | $372,930 |
| 2017 | $2,048 | $372,930 |
| 2016 | $2,048 | $372,930 |
| 2015 | $2,048 +1.1% | $372,930 -24.7% |
| 2014 | $2,025 | $495,440 |
| 2013 | $2,025 | $495,440 |
| 2012 | -- | $495,440 |
| 2011 | -- | $495,440 |
| 2010 | -- | $495,440 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28741
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