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520 Lake Villas Way

Highlands, NC 28741

3 bd 4 ba 2,384 sqft Built 1997 Lot 9,583 sqft single_family
Most recent sale
$2,500,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $2,500,000 MLS #100319
Jun 30, 2022 Listed $2,879,000 MLS #100319
Jun 18, 2020 Sold $1,460,000 MLS #93491
May 19, 2020 Listed $1,475,000 MLS #93491
Aug 29, 2017 Sold $600,000 MLS #86394
Jun 22, 2017 Listed $650,000 MLS #86394

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,550,440 $400,000 $1,950,440 $5,758
2024 $1,550,440 $400,000 $1,950,440 $5,758
2023 $1,550,440 $400,000 $1,950,440 $5,746
2022 $555,250 $300,000 $855,250 $3,785
2021 $555,250 $300,000 $855,250 $3,785
2020 $555,250 $300,000 $855,250 $3,569
2019 $317,950 $300,000 $617,950 $2,596
2018 $310,180 $250,000 $560,180 $2,111

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,384 sqft
Lot size
9,583 sqft
ZIP code
28741
City
Highlands
Street
Lake Villas Way
Coordinates
35.08472, -83.15781

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$15,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 520 Lake Villas Way last sell?
520 Lake Villas Way most recently sold on Jul 25, 2022 for $2,500,000.
What is the current tax assessment for 520 Lake Villas Way?
The most recent total assessment for 520 Lake Villas Way (year 2025) is $1,950,440 with $5,758 in property tax.
How does 520 Lake Villas Way's assessment compare to its last sale price?
The current assessment is 22.0% below the last sale price of $2,500,000.
When was 520 Lake Villas Way built?
520 Lake Villas Way was built in 1997.
How does 520 Lake Villas Way compare to others on Lake Villas Way?
We track 8 other properties on Lake Villas Way. Browse the list under "Other properties on Lake Villas Way" to compare beds, baths, and sale history.
What are the property facts for 520 Lake Villas Way?
520 Lake Villas Way is a 3 bed, 4 bath, 2,384 sqft, 9,583 sqft lot single_family.
Is 520 Lake Villas Way a flip candidate?
No — 520 Lake Villas Way does not appear in our flips dataset.
Is 520 Lake Villas Way a tax-appeal candidate?
No — 520 Lake Villas Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.0%
Implied 1-yr
+32.1%
2026 Q3
$2.2M
2026 Q4
$2.32M
ZIP 28741 — Median Price History + Forecast

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