This recently renovated cottage offers everything you are looking for. It is in town, on Mirror Lake, has excellent rental history, and was recently updated yet maintains the "old Highlands charm". Two bedrooms and baths, living room with stone fireplace and a large sun room with dining and seating areas. Exceptional details like oak hardwood floors, vaulted and tray ceilings, and antique light fixtures, heated bath floors and custom window treatments. The professional kitchen has custom cabinets, a built in refrigerator, dual fuel range and farm sink. Outdoor features include a deck overlooking the lake with a private dock just a few steps down; as well as a hot tub on the terrace and beautifully landscaped setting. There is a separate garage with secure boat storage just off the lake below. Zoned R-2 which allows short term rentals, with VRBO history beginning in 2017 exceeding $60,000 in gross rentals per year. Any rentals booked within six months of closing must be honored. This is a true turn-key sale being fully furnished with very few exceptions.
Single-familyProperty Type
1956Year Built
0.71 acresLot Size
$1,116Est. Price/Sq.Ft.
1 car garageParking
Listed by Carl Romberg• Landmark Realty Group - Highlands
Bought with Sherman M Pope• Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
Source:HCMLS #92863
Redfin Estimate
$1,433,438
$728K since sold in December 2020$33K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 96.9% higher than the average sale price ($728K) of 6 comparable homes.
This recently renovated cottage offers everything you are looking for. It is in town, on Mirror Lake, has excellent rental history, and was recently updated yet maintains the "old Highlands charm". Two bedrooms and baths, living room with stone fireplace and a large sun room with dining and seating areas. Exceptional details like oak hardwood floors, vaulted and tray ceilings, and antique light fixtures, heated bath floors and custom window treatments. The professional kitchen has custom cabinets, a built in refrigerator, dual fuel range and farm sink. Outdoor features include a deck overlooking the lake with a private dock just a few steps down; as well as a hot tub on the terrace and beautifully landscaped setting. There is a separate garage with secure boat storage just off the lake below. Zoned R-2 which allows short term rentals, with VRBO history beginning in 2017 exceeding $60,000 in gross rentals per year. Any rentals booked within six months of closing must be honored. This is a true turn-key sale being fully furnished with very few exceptions.
HCMLS #82132
Jun 29, 2017
Sold
$538,000
$419/sq ft
Jun 23, 2015
Listed
$599,000
$467/sq ft
Unique French Country inspired cottage on deep water ON Mirror Lake. Architect designed renovation and new garage recently completed. New electrical, plumbing, windows, doors, insulation, flooring, HVAC with ductwork, and roof. Custom kitchen with Vermont soapstone counters, apron sink, hidden Subzero and Asko appliances, and Viking range. Vaulted ceilings in living room and master bedroom. Marble baths with heated floors and European fixtures. Professional landscape includes Ipe decks, mtn laurel railings and arbor, and maintains itself with extensive irrigation system. Entertain on the expansive dock. New $8000 hot tub for chilly nights! Nothing was left untouched and no expense was spared in this beautiful mountain home. Beautifully landscaped. Smart electronics, custom draperiies. Great sunroom laden with windows and views of the lake. Entertain on your private dock. Over $900,000 put into this home!! 5 minutes to downtown Highlands! One car garage and boat wrench. .. Must see!
Public Records
Nov 19, 2007
Sold
$460,000
$358/sq ft
Public Records
Sep 11, 1992
Sold
$135,000
$105/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,805
$366,360 + $575,410
$941,770
2024
$3,805 (+0.3%)
$366,360 + $575,410
$941,770
2023
$3,793 (+5.8%)
$366,360 + $575,410
$941,770
2022
$3,587
$340,800 + $252,340
$593,140
2021
$3,587 (+4.4%)
$340,800 + $252,340
$593,140
2020
$3,437 (+21.7%)
$340,800 + $252,340
$593,140
2019
$2,824 (+11.0%)
$234,000 + $252,340
$486,340
2018
$2,544
$274,500 + $193,110
$467,610
2017
$2,544
$274,500 + $193,110
$467,610
2016
$2,544 (+0.9%)
$274,500 + $193,110
$467,610
2015
$2,521 (+8.1%)
$274,500 + $193,110
$467,610
2014
$2,333
$364,800 + $151,620
$516,420
Tax history for 1073 Franklin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,805
$366,360 + $575,410
$941,770
2024
$3,805 (+0.3%)
$366,360 + $575,410
$941,770
2023
$3,793 (+5.8%)
$366,360 + $575,410
$941,770
2022
$3,587
$340,800 + $252,340
$593,140
2021
$3,587 (+4.4%)
$340,800 + $252,340
$593,140
2020
$3,437 (+21.7%)
$340,800 + $252,340
$593,140
2019
$2,824 (+11.0%)
$234,000 + $252,340
$486,340
2018
$2,544
$274,500 + $193,110
$467,610
2017
$2,544
$274,500 + $193,110
$467,610
2016
$2,544 (+0.9%)
$274,500 + $193,110
$467,610
2015
$2,521 (+8.1%)
$274,500 + $193,110
$467,610
2014
$2,333
$364,800 + $151,620
$516,420
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 448
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Electric
Heating Type: Heat Pump
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Continuous Wall
Building Style Type: Conventional
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Residential
Property Information
Subdivision Name: DOBSON RIDGE
Living Sq. Ft: 1,284
Ground Floor Sq. Ft: 1,284
Building Sq. Ft: 1,732
# of Stories: 1
Legal Description: LOT 3 DOBSON RIDGE
Lot Information
# of Buildings: 1
Land Sq. Ft: 30,928
Legal Lot Number: 3
Municipality Type: 05
Municipality Name: HIGHLANDS CITY
Acres: 0.71
Zoning Code: HR2
County Use Description: RESIDENTIAL
Location Information
Parcel Location Influence: Waterfront
Utility Information
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2026
Municipality Tax District: HIGHLANDS
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,284
Stories: 1.0
Lot Size: 0.71 acres
Style: Single Family Residential
Year Built: 1956
Year Renovated: 2006
County: Macon County
APN: 7530947615
Home facts updated by county records on Aug 27, 2026
Around this home
Schools
Highlands School
Public K-12 • Assigned • 1.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 93° expected this year, 20 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Highlands, NC • 28741
Average low and high temperatures (°F)
40
23
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31
59
40
66
48
66
52
74
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78
64
71
59
69
56
63
46
56
39
47
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.