$5,652,904
$4.3M since last sold$748K since September
This home's estimate is 115.6% higher than the average sale price ($2.62M) of 6 comparable homes.
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Sold
$5,652,904
5
bd•
5.5 ba
•
3,583
sq ft
516 Lower Lake Rd, Highlands, NC 28741
About this home
Escape to this historic, 1920s Highlands estate & luxuriate in privacy on 7.27 +/- acres, w/ an easy walk to Main St. The 4 BR/3 BA main house features gorgeous woodwork, large stone fireplace in the living & dining rooms, large country kitchen, laundry/mud room, and library. The charming, 2 BR/1 BA guest house has wood floors throughout, a claw foot tub/shower in the bathroom & an open deck.
Single-familyProperty Type
1920Year Built
7.27 acresLot Size
$1,578Est. Price/Sq.Ft.
1 spaceParking
Source:Public Records
Redfin Estimate
Earn from this home
Rent
$5,129/mo
Redfin rental estimate
List your home for rent
Market trends in 28741, NC
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
94.9%
+1.5% MoM
Median sale price
$1.1M
$476 MoM
Avg. days on market
66d
22 days MoM
Recently sold homes
52
1 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
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.
JuneDecember
Provided by Shadowmap
Estimated sale price
$5.37M – $6.50M
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