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For Sale
$8,200,000

1161 Hudson Road
Highlands, NC 28741

In 1980 the orignal "Rainwater" home burned to the ground. Like a phoenix rising from the ashes, in the early 1980's Frank Smathers purchased the property and built his luxury home on the very same foundation. As you entered the driveway into the meticulously manicured landscape you were surrounded by rhododendrons forming an archway up the circle drive leading you to the front entryway. You entered through the heavy copper and bronze front doors into a high ceiling entryway clade with crystal chandeliers and a winding staircase encompassed by a beautiful and colorful hand painted Guohua leading your eye to the second level. But it was when you entered the main gathering space, anchored by a huge stone fireplace and a semi-circle of glass windows that you became breathless looking out over the Blue Ridge Mountains as far as one could see. Music and laughter roared through the rhododendrons and mountain laurels that surrounded the Rainwater-Smathers estate on those nights. You knew you had officially arrived in Highlands if you were invited to attend one of the Smathers' elaborate parties. While the house is no longer atop the mountain, you now have a glimpse into the history of one of Highlands most famed and cherished properties. It's time for you to start creating new memories and a legacy among one of the most prized flat plateaus in Highlands. The estate still features a stone observation tower to take in the views from all angles or star gaze as you begin your dream creating and building your very own estate. This is the last undeveloped acreage close to downtown Highlands and this property can be subdivided into 7 lots! Call for a tour of this great historical land with limitless views and opportunity. Read More

Market Status
Available
Last Updated
April 13, 2021

Property Type
Land
Architecture
Lots/Acreage
Property Type
Lots And Land; Land
Mountain View
-

Local Market Conditions

There are currently 123 properties for sale in the Highlands, NC area with the average listing price of $1,233,813. This represents an increase of +3.6% over the previous week. The 4 bedroom homes saw the largest increase in the average listing price over the previous week with a +9.1% increase. To learn more about the Highlands, NC area, contact a local expert!

Market Snapshot for Highlands, NC

Avg. Listing Price

$1,233,813

Wk ending Apr 10

$+42,782

+3.6%

w-o-w

123

195

10

2

1

Average Listing Price for Highlands, NC
No. BedroomsNo. Beds Week Ending
(Apr 10)
w-o-w Week Ending
(Apr 3)
Week Ending
(Mar 27)
Week Ending
(Mar 20)
All PropertiesAll $1,233,813 +3.6% $1,191,031 $1,206,077 $1,183,979
1 bedroom1 BR $493,333 +0.0% $493,333 $493,333 $493,333
2 bedrooms2 BR $449,905 -6.3% $480,034 $502,208 $499,608
3 bedrooms3 BR $988,391 -0.8% $995,876 $965,774 $963,702
4 bedrooms4 BR $1,967,576 +9.1% $1,803,216 $1,884,237 $1,884,237

Data Provided by Highlands Cashiers Board of Realtors
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This $8,200,000 Land at 1161 Hudson Road in Highlands, NC is presented by Josephine Lovell and has been on the market for 192 days. This $8,200,000 Land, located in the 28741 zip code, has the following property features: Mountain View, Property Type. This 1161 Hudson Road Land, located in Macon County , is listed under MLS listing number 94878 and has a listing price of $8,200,000. You can find more Highlands homes for sale here.

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