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40-84 Spotted Bear Lane, Highlands, NC 28741

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For Sale

$2,050,000

5 beds • 6 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 41-50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

HIGHLANDS UNICORN ALERT: Unrestricted (STR), two-property assemblage, within five minutes (2.5 miles) of main street. Chinquapin Lodge and Tall Timber Cabin pair Highlands charm with resort-style fun, offering hot tubs, fire pits, outdoor dining, EV chargers, and two fantastic game rooms, among other delights. Remodeled and expanded in recent years, the homes feel both spacious (4,800+/- SF total) and cozy, offering five ensuite bedrooms and six full bathrooms. Linked by a short path but well screened from each other, the pair is perfect for hosting multiple families but also represents two perfectly independent and self-contained homes. Sold completely furnished and truly turn-key, the two combined for $137,000+ in revenue over the last year (docs on file) despite heavy use by family and friends. Air DNA Subscription reporting service projects combined revenue of $158,900 if made available year-round (on file). Unrestricted properties this close to town have rarely been listed since implementation of the city s short-term rental ban. Multi-property offerings of this quality and character are rarer still. The combination is likely unprecedented. Most Highlands homes are more of an indulgence than an investment. This one is both a refined retreat with a compelling income stream.
MLS# 1001878

Courtesy Of EXURBIA SOTHEBY'S INTERNATIONAL REALTY

(828) 526-8300

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Ceiling Fan
  • Architecture Style
    Cottage
  • Fireplace
    Fireplace
  • Floor Covering
    Concrete, Tile, Wood
  • Lot Size
    1.39 Acres
  • Rooms
    Den, Game Room, Kitchen, Living Room

Map and Directions

Directions to 40-84 Spotted Bear Lane, Highlands, NC 28741

Home seller CENTURY 21 Mountain Lifestyles

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Mountain Lifestyles

(828) 692-8275
Learn More About Us

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Copyright © 2025 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.