401 N Fifth ST, Highlands, NC 28741
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401 N Fifth ST, Highlands, NC 28741
401 N Fifth ST, Highlands, NC 28741
401 N Fifth ST, Highlands, NC 28741
401 N Fifth ST, Highlands, NC 28741
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Listed by Jeannie Chambers Chambers Realty & Vacation Rentals
$ 2,700,000
Est. payment /mo
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Active

401 N Fifth ST Highlands, NC 28741

4 Baths

0.92 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 103221

HOA Y/N No

Year Built 1931

Annual Tax Amount $6,487

Tax Year 2023

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Multi Family

Property Description

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.

Location

State NC

County Macon

Area Highlands In-Town

Direction From Main Street/Horse Cove Road/Two churches, take N. Fifth Street to #401 on the right- beyond Catholic Church and across from First Bank

Rooms

Other Rooms Guest House, Other, Residence

Interior

Heating Baseboard

Cooling None

Flooring Carpet, Tile, Vinyl, Wood

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Available

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 12

Garage No

Building

Lot Description Cleared, Level, Other, Partially Cleared, See Remarks

Dwelling Type Multi Family

Sewer Public Sewer

Water Public

Additional Building Guest House, Other, Residence

New Construction No

Others

Tax ID 7540.50.28.09


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401 N Fifth ST