501 Falls Drive East
Highlands, NC 28741
3 Beds
3.5 Baths
3 Beds
3.5 Baths
(on 0.43 acres)
Local Information
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Description
Welcome to lakeside luxury living at Highlands Falls Country Club! This three-bedroom, two-and-a-half-bathroom home offers an unparalleled retreat in an idyllic setting. Step inside to discover a warm and inviting ambiance where the main level boasts an open layout, featuring a cozy living room adorned with one of three charming fireplaces. Whether you're unwinding after a long day or entertaining guests, this delightful space sets the perfect backdrop for any occasion. The heart of the home resides in the gourmet kitchen, complete with modern appliances, and ample cabinetry. Adjacent to the kitchen, the dining area beckons with scenic views of the surrounding landscape, creating a picturesque backdrop for memorable meals with loved ones. For those who crave outdoor living, the screened porch awaits, offering a tranquil retreat where you can bask in the beauty of nature while enjoying the warmth of a crackling fire. From sunrise coffee sessions to evening cocktails, this serene sanctuary promises endless moments of relaxation. The main level offers two bedrooms and an office, which everyone seems to put at the top of their wish list. The primary bedroom is large with an amazing custom closet large enough for both of you. Downstairs, the terrace level unveils a spacious family room, complete with yet another fireplace, a game area, and direct access to a charming stone patio. Outside, the property is adorned with practical amenities, including a two-car garage, a convenient carport, and a picturesque pea gravel circular driveway. Moreover, convenience meets leisure with the home's proximity to the clubhouse, pool, croquet lawn, pickleball, and tennis courts, all within walking distance. Membership in Highlands Falls is by invitation and provides access to all the amenities which also includes a championship golf course and scenic dining, plus the best fitness center on the mountain.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 14, 2026
Home Highlights
Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 501 Falls Drive East
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Interior Details Basement: Exterior EntryNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Den, Dining Room, Family Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Appliances & Utilities Utilities: Cable Available, High Speed Internet AvailableAppliances: Dryer, Dishwasher, Disposal, Gas Oven, Refrigerator, WasherDishwasherDisposalDryerLaundry: Washer Hookup,Dryer HookupRefrigeratorWasher |
Heating & Cooling Heating: Central,Electric,Heat PumpHas CoolingAir Conditioning: Central Air,Heat PumpHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Den, Living Room, Outside, Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Laminate, Tile, Wood |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Laminate, Tile, Wood |
View Has a ViewView: Golf Course, Lake, Mountain(s) |
Security Security: Gated Community |
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Exterior Home Features Roof: ShinglePatio / Porch: Covered, Deck, ScreenedExterior: NoneFoundation: Slab |
Parking & Garage Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Has a CarportHas a GarageParking Spaces: 4Parking: Circular Driveway,Carport,Driveway,Garage,Two Car Garage |
Frontage Waterfront: LakeRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Septic TankWater Body: No Name Known |
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Year Built Year Built: 1978 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Building Construction Materials: Stone, Wood SidingNot a New Construction |
Property Information Parcel Number: 7540877476 |
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Price List Price: $2,295,000 |
Status Change & Dates Off Market Date: Thu Jul 11 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: HighlandsCommunity: Highlands Falls Cc |
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Community Features: Gated |
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Association for this Listing: Highlands Cashiers Board of RealtorsHas an HOA |
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Lot Area: 0.43 acres |
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Listing Terms: Cash |
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Lease Term: Other |
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Mls Number: 104157Living Area Range Units: Square FeetWater ViewWater View: LakeAttribution Contact: 8285261717Universal Property Id: US-37113-N-7540877476-R-N |
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Gated |
Last check for updates: about 3 hours ago
Listed by Judith Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
Mitzi Rauers
Berkshire Hathaway HomeServices Meadows Mountain Realty
Bought with: Judith Michaud, Berkshire Hathaway HomeServices Meadows Mountain Realty
Originating MLS: Highlands Cashiers Board of Realtors
Source: HCMLS, MLS#104157
Price History for 501 Falls Drive East
| Date | Price | Event | Source |
|---|---|---|---|
| 07/11/2024 | $2,100,000 | Sold | HCMLS #104157 |
| 04/30/2024 | $2,295,000 | Pending | BHHS broker feed #104157 |
| 04/29/2024 | $2,295,000 | Contingent | HCMLS #104157 |
| 04/20/2024 | $2,295,000 | Listed For Sale | HCMLS #104157 |
| 06/02/2015 | $737,500 | Sold | HCMLS #80579 |
| 10/13/2014 | $895,000 | ListingRemoved | Agent Provided |
| 10/11/2014 | $895,000 | Listed For Sale | Agent Provided |
| 09/11/2010 | $895,000 | ListingRemoved | Agent Provided |
| 08/01/2010 | $895,000 | Listed For Sale | Agent Provided |
| 07/22/2010 | $50,000 | Sold | N/A |
| 04/27/2010 | $595,000 | PriceChange | Agent Provided |
| 04/05/2010 | $795,000 | PriceChange | Agent Provided |
| 08/08/2009 | $895,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,224 |
| Assessment | $1,419,550 |
Home facts updated by county records
Comparable Sales for 501 Falls Drive East
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $1,500,000 | 09/23/25 | 3 | 3 | - | |
0.28 | Single-Family Home | $1,595,000 | 12/03/25 | 3 | 3 | - | |
0.23 | Single-Family Home | $1,350,000 | 08/15/25 | 3 | 2.5 | - | |
0.60 | Single-Family Home | $1,315,000 | 06/26/25 | 3 | 3.5 | - | |
0.41 | Single-Family Home | $715,000 | 08/05/25 | 3 | 3 | - | |
0.50 | Single-Family Home | $2,622,000 | 03/19/26 | 4 | 4.5 | - | |
0.35 | Single-Family Home | $1,945,500 | 09/10/25 | 3 | 4 | - | |
0.45 | Single-Family Home | $1,150,000 | 07/21/25 | 3 | 4 | - | |
0.60 | Single-Family Home | $1,284,000 | 08/11/25 | 3 | 2 | - |
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Assigned Schools
These are the assigned schools for 501 Falls Drive East.
- Franklin High
- 9-12
- Public
- 1005 Students
6/10GreatSchools RatingParent Rating Averageim a junior atm but im in the summer school we offer and its pretty good the teachers mostly care about your grades they dont really focus on one student all the time though its more thats one or 2 students that arent paying attention but i do enjoy going there its a good school in all honesty.Student Review4y ago - Highlands School
- K-12
- Public
- 332 Students
6/10GreatSchools RatingParent Rating AverageExcellent! I am thankful for middle school teachers who truly embrace the “it takes a village” approach to student success.Parent Review6y ago - Macon Middle School
- 7-8
- Public
- 599 Students
6/10GreatSchools RatingParent Rating AverageLots of disrespectful teachers, principal and everyone is more worried about your phone dropping out of your pocket and what the girls are wearing then if you get a quality education. I honestly cannot say anything good about this school except for about 5 teachers out of a lot. Librarian tells kids to shut up and yelled at us every time we went to get books. Kids sells lots of vapes and some weird stuff went down in the bathrooms that I can’t put online. WAYYY too concerned about girls clothes…it’s one thing if you’re wearing booty shorts but you would wear shorts that cover everything, and you have to change. PE favorites are always who is the best at the sports they play for them, not who actually tries. Only the curvy girls get dress codes btw, if you’re flat apparently they don’t care. A lockdown while I was there, lots of fights, kids making threats and posting about guns, etc. Crappy school.Other Review11mo ago - Macon Early College High School
- 9-12
- Public
- 115 Students
6/10GreatSchools RatingParent Rating Averagemec is one of my favourite schools that ive been to. sometimes the home works a little stressful but its great!Student Review6y ago - Mountain View Intermediate School
- 5-6
- Public
- 567 Students
2/10GreatSchools RatingParent Rating AverageOddly, MVI has for the last couple of years had a policy of no homework. This doesn't seem like a good strategy for a school that is performing poorly in standardized tests in all subject areas. Additionally, it fails to prepare students who will be entering the middle school across the street where homework is given and expected to be completed. Another step in the wrong direction this year was the removal of grouping by academic level. Mixing all levels together in classes results in teachers having to teach to the middle in classes of mixed abilities and fails to help both students at the higher and lower ends of the spectrum.Parent Review6mo ago 
Check out schools near 501 Falls Drive East.
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.
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Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
Homes for rent near 501 Falls Drive East
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501 Falls Drive East, Highlands, NC 28741 is a 3 bedroom, 4 bathroom single-family home built in 1978. This property is not currently available for sale. 501 Falls Drive East was last sold on Jul 11, 2024 for $2,100,000 (8% lower than the asking price of $2,295,000). The current Trulia Estimate for 501 Falls Drive East is $2,225,100.