38 Melrose Dr, Highlands, NC 28741
OFF MARKET

$880,700

Trulia Estimate
  • 3 Beds
  • 2 Baths

38 Melrose Dr, Highlands, NC 28741

Est. Refi. Payment $4,823/mo*
Refinance Your Home
Currently Off Market - Sold Mar 31, 2014 for $280,000

Home Value

Trulia Estimate
$881K
Since last month
Increased$43K (+5.1%)
Since last year
Increased$186K (+26.7%)
Since last sale
Increased$604K (+215.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +31% in the last 10 years
MonthEstimated value
2026
August 2026$884K
July 2026$841K
June 2026$837K
May 2026$840K
April 2026$763K
March 2026$750K
February 2026$749K
January 2026$760K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
683 Franklin Rd, Highlands, NC
0.02
Single-Family Home
$410,000
06/29/26
3
2
1,166
62 Melrose Drive, Highlands, NC
0.04
Single-Family Home
$830,000
09/09/25
3
2
-
301 Holt Cir, Highlands, NC
0.09
Single-Family Home
$325,000
11/24/25
3
3
3,744
155 Rocky Hill Road, Franklin, NC
0.09
Single-Family Home
$1,450,000
05/07/26
2
2
-
230 Lucerne Drive, Highlands, NC
0.17
Single-Family Home
$980,000
10/02/25
2
2
-
145 Mount Lori Drive, Highlands, NC
0.31
Single-Family Home
$660,000
12/17/25
3
3
-
135 Holt Circle, Highlands, NC
0.12
Single-Family Home
$654,000
11/13/25
1
2.5
-
121 Holt Knob Rd, Highlands, NC
0.34
Single-Family Home
$1,080,000
10/01/25
3
2.5
3,594
269 Wingina Pl, Highlands, NC
0.61
Single-Family Home
$435,000
07/30/26
2
2
1,467
48 Holt Knob Road, Highlands, NC
0.41
Single-Family Home
$855,000
05/26/26
2
2
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
62 Melrose Drive, Highlands, NC 28741
0.04
$928,000
3
2
-
Off Market
175 Holt Circle, Highlands, NC 28741
0.08
$890,400
3
3
-
Off Market
00 Holt Circle, Highlands, NC 28741
0.09
-
-
-
-
Off Market
272 Holt Cir, Highlands, NC 28741
0.11
$774,400
2
2.5
1,181
Off Market
93 Rocky Hill Road, Franklin, NC 28734
0.08
$975,000
3
2
-
For Sale
135 Holt Circle, Highlands, NC 28741
0.12
$654,000
1
2.5
-
Recently Sold
155 Rocky Hill Road, Franklin, NC 28734
0.09
$1,450,000
2
2
-
Recently Sold
285 Lucerne Drive, Highlands, NC 28741
0.14
$1,386,100
3
2
-
Off Market
Lot #8 Lucerne Drive, Highlands, NC 28741
0.16
-
-
-
-
Off Market
230 Lucerne Drive, Highlands, NC 28741
0.17
$975,900
2
2
-
Off Market
84 Raoul Road, Highlands, NC 28741
0.13
$536,400
2
1
-
Off Market
320 Holt Knob Rd, Highlands, NC 28741
0.17
$766,400
2
3
-
Off Market

Local Information

  • Map ViewExplore the area around 38 Melrose Dr.
  • Schools2 Elementary Schools2 Middle Schools3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1938
Lot Size
0.46 acres

About this House

This single-family home is located at 38 Melrose Dr, Highlands, NC. 38 Melrose Dr is in Highlands, NC and in ZIP code 28741. This property has 3 bedrooms and 2 bathrooms. This property has a lot size of 0.46 acres and was built in 1938.
38 Melrose Dr, Highlands, NC 28741 is a 3 bedroom, 2 bathroom single-family home built in 1938. It last sold for $280,000 on Mar 31, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $880,700, with a rent estimate of $2,523/month.

Home Details for 38 Melrose Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Interior Details
Types of Rooms: Breakfast NookCeiling Fan
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood
Security
Security System

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: Wood

Property Information

Year Built
Year Built: 1938Year Updated: 1938
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Lot Information

Lot Area: 0.46 acres

Price and Tax history

DateEventPrice
Mar 31, 2014
Source: HCMLS #76151
Sold
$280,000
Dec 6, 2013
Source: Agent Provided
PriceChange
$299,000
Price decreased by 8%
Aug 2, 2013
Source: Agent Provided
PriceChange
$325,000
Price decreased by 4%
Jul 23, 2013
Source: Agent Provided
PriceChange
$339,900
Price decreased by 9%
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$375,000

Market trends in Highlands

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
191
5MoM

Around this home

View nearby schools on GreatSchools
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. "
    15
    Flag
  • 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 "
    2
    Flag
  • 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."
    7
    Flag
  • 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. "
    6
    Flag
  • 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."
    3
    Flag
  • Susan C.
    "What a beautiful place to live ... there is nothing as peaceful or beautiful as the mountains and this lovely, quaint town."
    3
    Flag
  • 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?"
    2
    Flag
  • carolrosen
    "Great area, lovely home, easy comfortable living"
    3
    Flag
  • John D.
    "A great place to spend the summer, and within walking distance to town."
    3
    Flag
  • 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."
    0
    Flag
  • 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!"
    0
    Flag
  • 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."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 38 Melrose Dr

  • What is 38 Melrose Dr estimated to be worth?
    Trulia's estimated value for 38 Melrose Dr in Highlands, NC is $880,700.
  • What is the price history for 38 Melrose Dr?
    38 Melrose Dr in Highlands, NC last sold for $280,000 in March 2014.
  • Is Highlands a buyer's or seller's market?
    Highlands is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Highlands?
    Residents describe Highlands, NC as dog-friendly, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Highlands, NC.
  • Does 38 Melrose Dr have laundry facilities?
    Yes, 38 Melrose Dr in Highlands, NC has in-unit laundry.
  • How big is the lot at 38 Melrose Dr?
    The lot at 38 Melrose Dr in Highlands, NC is about 0.46 acres (20,037 sq ft).

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Off Market Homes Near 38 Melrose Dr

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