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For sale
    • Price cut: $95K (7/17)
    $2,500,000

    311 Sequoyah Drive, Highlands, NC 28741

    3beds
    --sqft
    : 
    $13,569/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    0.87 Acres Lot
    $2,411,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Two private docksEstablished perennial gardenBlueberry bushesFour wood-burning fireplaces
    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.
    80 days
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    1,040
    |
    54
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    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: Public Sewer
      • 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: 82 days
      • Road surface type: Asphalt, Gravel

        Estimated market value

        $2,411,400

        $2.29M - $2.53M

        $5,754/mo

        Price history

        DateEventPrice
        7/17/2026Price change$2,500,000-3.7%
        Source: HCMLS #1003231 Report a problem
        5/6/2026Listed for sale$2,595,000+92.2%
        Source: HCMLS #1003231 Report a problem
        5/13/2021Sold$1,350,000-3.2%
        Source: Public Record Report a problem
        4/26/2021Pending sale$1,395,000
        Source: HCMLS #96235 Report a problem
        4/20/2021Listed for sale$1,395,000+541.4%
        Source: HCMLS #96235 Report a problem
        1/24/2020Sold$217,500-12.7%
        Source: HCMLS #92505 Report a problem
        1/12/2020Pending sale$249,000
        Source: Highlands Sotheby's International Realty #92505 Report a problem
        12/19/2019Listed for sale$249,000
        Source: Highlands Sotheby's International Realty #92505 Report a problem
        12/5/2019Pending sale$249,000
        Source: Highlands Sotheby's International Realty #92505 Report a problem
        12/2/2019Listed for sale$249,000
        Source: HIGHLANDS SOTHEBYS INTL RLTY - DT OFFICE #92505 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28741

        Getting around

        6 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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