Falling Waters Dr, Highlands, NC 28741
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OFF MARKET

Falling Waters Dr
Highlands, NC 28741

    (on 26.50 acres)

    Local Information

    • Map ViewExplore the area around Falling Waters Dr.
    • Schools2 Elementary Schools2 Middle Schools3 High Schools
    • Shop & Eat
    -- mins to
    Commute Destination

    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

    Active Status

    MLS Status: Closed

    Interior Features

    Appliances & Utilities
    Utilities: Underground Utilities
    View
    Has a ViewView: Water

    Exterior Features

    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

    Days on Market

    Cumulative Days on Market: 235

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not Habitable Residence
    Property Information
    Usage of Home: Residential, SubdevelopmentParcel Number: 7530206902

    Price & Status

    Price
    List Price: $750,000

    Location

    Direction & Address
    City: HighlandsCommunity: Falling Waters Est
    School Information
    Elementary School: UnspecifiedJr High / Middle School: UnspecifiedHigh School: Franklin

    Community

    Community Features: Gated, Golf, Tennis Court(s)

    HOA

    Has an HOAHOA Fee: $2,700/Annually

    Lot Information

    Lot Area: 26.5 acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 3568220Water ViewWater View: WaterAttribution Contact: Frankthelandguy@gmail.com

    Additional Information

    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

    DatePriceEventSource
    10/01/2020$750,000Sold
    Canopy MLS as distributed by MLS GRID #3568220

    Market trends in Highlands

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    186
    25
    MoM
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    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.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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.
    • Kimberlyg833
      "It’s beautiful and appears to be a great place to raise a family. I used to come here as a child back in the 70’s with my parents and it’s still as I remember it. Quaint and beautiful. "
    • Karie.mcclure
      "not sure only a renter at this point but love how safe And low key it is .. great weather as well nice people "
    • Pam
      "Great small town. Elevation 4000 feet plus. Friendly residents. Lots to do for a small town. A little pricy, but worth it. Great hiking and waterfalls galore. Dog friendly neighborhood and town."
    • Christine B.
      "It's a very friendly community. When the tourists come to town for the season it gets overcrowded but some non locals are really friendly. "
    • Bill B.
      "I live here and love the weather, hiking trails, water falls, and the National Forest. 4,118 feet elevation provides cool weather in the summer."
    • Susan C.
      "What a beautiful place to live ... there is nothing as peaceful or beautiful as the mountains and this lovely, quaint town."
    • Rick C.
      "There's no Wal-Mart or fast food joints. Life in the mountains has an easier pace. You are removed from the city, but that's why we live here, to get away from it all. There is a world class spa, fine dining on smaller scale, exquisite shops. Think Breckinridge, without the skiing.Beautiful mountains, hiking, mountain biking, floral life, live music, plays, wineries, what more do you want?"
    • carolrosen
      "Great area, lovely home, easy comfortable living"
    • John D.
      "A great place to spend the summer, and within walking distance to town."
    • Nadine P.
      "A wonderful community with a year round caretaker, pool, tennis courts and swimming pool plus it is gated. Certainly not a necessity in Highlands! I would recommend King Mtn to anyone looking for lush foliage, fantastic views and wonderful amenities."
    • Nadine P.
      "I have lived in Highlands, NC for 7 years and still upon returning from out of town get a peacefulness when I hit Main St or the Gorge Rd from Franklin. Prettiest place anywhere...you must visit!"
    • Dorothy S.
      "You will find that people are extremely friendly. We have four mild seasons. Winter is wonderful. Nothing is better than curling up with a book in front of a crackling fire."

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    Off Market Homes Near Falling Waters Dr

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    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