LOCATION! This Highlands landmark is one of the last great, walk-to-town parcels. Zoned B-4 (light commercial) and sits on .92 acre. Renovate or start over- anything can be duplicated- EXCEPT the location.
The first time on the market and being offered AS-IS.
The main level has wood floors and is paneled with clear Chestnut as the home was built just as the Chestnut blight came through town. The main level has a small kitchenette, storage, full bath and 4 rooms (The former living area is partitioned to allow for the reception area.) The attic is floored in, runs the entire length of the house and has great storage. This is a property full of memories for many local people.
In the 1920s, this property was a 9-hole golf course as part of the Hall House property. Built in 1931 with chestnut paneling on the main level, this property has been a personal residence, home occupation, B&B, and is now zoned B-4.
This property has been in the same family since the town was incorporated, and once took up the whole block. This is the only parcel left and contains .92 ac+/-. The home of Margaret and Tudor Hall and their extended family lived here from 1931 until the early 1990s when The Chambers Agency moved their real estate and vacation rentals office. Tudor and Margaret had a real estate office in town and were charter members of the Highlands Board of Realtors in 1956. In the mid-1990s, the garage was renovated into a one-bedroom/one-bath apartment and has been partially renovated. Prior to 1992, Mrs. Hall ran a boutique B&B, The Hall House, and the rooms upstairs that had been her children's bedrooms became weekend spots for tourists, and later became real estate offices for The Chambers Agency. In 2013, the four upper-level rooms were converted into two one-bedroom/one-bath apartments for workforce housing.
For sale
$2,700,000
401 N Fifth Street, Highlands, NC 28741
3beds
--sqft
Single Family Residence
Built in 1931
0.92 Acres Lot
$2,423,200 Zestimate®
$--/sqft
$-- HOA
What's special
Small kitchenetteWood floorsPaneled with clear chestnut
- 1048 days
- 271
- 4
Zillow last checked:
Listing updated:
Listed by:
Jeannie Chambers,
Chambers Realty & Vacation Rentals
Source: HCMLS,MLS#: 103319Originating MLS: Highlands Cashiers Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Den
- Level: Main
Dining room
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Other, See Remarks
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Ceiling Fan(s), Other
- Flooring: Carpet, Other, Tile, Wood
- Basement: Dirt Floor,Exterior Entry,Interior Entry,Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room, Other
Property
Parking
- Parking features: Circular Driveway, None, Paved
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Porch
- Exterior features: Other
- Has view: Yes
- View description: Other, Trees/Woods
Lot
- Size: 0.92 Acres
- Features: Level, Other, Partially Cleared, City Lot
Details
- Additional structures: Guest House
- Parcel number: 7540.50.28.09
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Other
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Fiber Optic Available, Other, See Remarks
Community & HOA
Community
- Features: Other, Trails/Paths
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Highlands
Financial & listing details
- Tax assessed value: $1,602,780
- Annual tax amount: $6,487
- Date on market: 10/24/2023
- Cumulative days on market: 1062 days
- Lease term: Other
Estimated market value
$2,423,200
$2.30M - $2.54M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Price change | $2,700,000-15.6% |
Source: HCMLS #103319 Report a problem | ||
| 9/14/2024 | Price change | $3,200,000-5.9% |
Source: HCMLS #103319 Report a problem | ||
| 8/6/2024 | Price change | $3,400,000-5.6% |
Source: HCMLS #103319 Report a problem | ||
| 11/7/2023 | Listed for sale | $3,600,000 |
Source: HCMLS #103319 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,512 | $1,602,780 |
| 2024 | $6,512 +0.4% | $1,602,780 |
| 2023 | $6,488 +22.9% | $1,602,780 +85.7% |
| 2022 | $5,277 | $862,950 |
| 2021 | $5,277 +4.3% | $862,950 |
| 2020 | $5,059 +0.5% | $862,950 |
| 2019 | $5,033 | $862,950 +18.2% |
| 2018 | $5,033 +25.4% | $730,230 |
| 2017 | $4,015 | $730,230 |
| 2016 | $4,015 | $730,230 |
| 2015 | $4,015 +1.2% | $730,230 +25.2% |
| 2014 | $3,969 | $583,350 |
| 2013 | $3,969 | $583,350 |
| 2012 | -- | $583,350 |
| 2011 | -- | $583,350 |
| 2010 | -- | $583,350 |
Find assessor info on the county website
Monthly payment
Est. payment




