Falling Waters Dr
Highlands, NC 28741
(on 26.50 acres)
Local Information
-- mins to
Description
SPECTACULAR INVESTMENT/DEVELOPMENT OPPORTUNITY-Almost 30 acres of mostly flat to rolling land just 6-7 minutes from Downtown Highlands. Can be subdivided into approx 6 estate size or 18 house size lots. Depending on the lot(s) combined, you could have creek frontage, mtn view, 40+/-ft waterfall view, small pond view or back up to USFS. Many mature trees, rhododendron & mtn laurel in keeping w/the area. Some infrastructure in place includes a stone paved & asphalted, gated entrance w/tasteful landscaping leading to the major waterfall that gives this community the name "Falling Waters." There's also paved roads & underground utilities to developed lots, roughed in roads to others & shared wells for the existing homes & some of the existing lots. (Add'l wells and/or water storage system may be required for high density development.) Convenient location to Highlands offers great shopping, superb restaurants, golf, tennis, entertainment, arts/culture & full array of outdoor activities!
Falling Waters Dr, Highlands, NC 28741 is a lot/land. It last sold for the $750,000 asking price on Oct 1, 2020. It is currently off market.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
$225/Monthly
Price/Sqft
No Info
Listed
180+ days ago
Home Details for Falling Waters Dr
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MLS Status: Closed |
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Appliances & Utilities Utilities: Underground Utilities |
View Has a ViewView: Water |
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Exterior Home Features Other Structures: NoneFoundation: None |
Parking & Garage No Carport |
Frontage Waterfront: NoneResponsible for Road Maintenance: Private Maintained RoadRoad Surface Type: Paved |
Water & Sewer Sewer: Other - See Remarks |
Surface & Elevation Elevation: 3500 FeetElevation: 3500Elevation Units: Feet |
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Cumulative Days on Market: 235 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not Habitable Residence |
Property Information Usage of Home: Residential, SubdevelopmentParcel Number: 7530206902 |
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Price List Price: $750,000 |
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Direction & Address City: HighlandsCommunity: Falling Waters Est |
School Information Elementary School: UnspecifiedJr High / Middle School: UnspecifiedHigh School: Franklin |
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Community Features: Gated, Golf, Tennis Court(s) |
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Has an HOAHOA Fee: $2,700/Annually |
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Lot Area: 26.5 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: 3568220Water ViewWater View: WaterAttribution Contact: Frankthelandguy@gmail.com |
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GatedGolfTennis Court(s) |
Last check for updates: about 18 hours ago
Listed by Frank Pimental
Mossy Oak Properties Carolina Timber & Realty
Bought with: Frank Pimental, (828) 342-9972, Mossy Oak Properties Carolina Timber & Realty
Source: Canopy MLS as distributed by MLS GRID, MLS#3568220

Price History for Falling Waters Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 10/01/2020 | $750,000 | Sold | Canopy MLS as distributed by MLS GRID #3568220 |
Market trends in Highlands
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
186
25MoM
Comparable Sales for Falling Waters Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.73 | Lot/Land | $1,900,000 | 09/18/25 | - | - | ||
0.29 | Lot/Land | $70,000 | 11/14/25 | - | - | ||
0.57 | Lot/Land | $139,000 | 01/16/26 | - | - | ||
1.12 | Lot/Land | $575,000 | 11/19/25 | - | - | ||
0.72 | Lot/Land | $66,000 | 02/13/26 | - | - | ||
1.11 | Lot/Land | $214,000 | 03/17/26 | - | - | ||
1.17 | Lot/Land | $165,000 | 12/17/25 | - | - | ||
1.39 | Lot/Land | $314,500 | 07/25/25 | - | - | ||
1.60 | Lot/Land | $250,000 | 12/12/25 | - | - | ||
2.27 | Lot/Land | $1,500,000 | 12/10/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for Falling Waters Dr.
What Locals Say about Highlands
At least 19 Trulia users voted on each feature.
95 % Say it's dog friendly
91 % Say it's quiet
89 % Say car is needed
89 % Say yards are well-kept
84 % Say people would walk alone at night
76 % Say there's holiday spirit
74 % Say parking is easy
74 % Say they plan to stay for at least 5 years
74 % Say there's wildlife
74 % Say there are community events
54 % Say neighbors are friendly
52 % Say streets are well-lit
46 % Say kids play outside
44 % Say it's walkable to grocery stores
30 % Say it's walkable to restaurants
25 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near Falling Waters Dr
Off Market Homes Near Falling Waters Dr

Based on information submitted to the MLS GRID as of 2026-07-15 10:33:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

