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278 Upper Lake Rd

Highlands, NC 28741

2 bd 1 ba 884 sqft Built 1947 Lot 20,909 sqft single_family
Most recent sale
$670,000
Jan 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 5, 2024 Sold $670,000 Cashiers
Sep 23, 2023 Price changed $699,000 Cashiers
Jul 27, 2023 Listed $725,000 Cashiers
Jan 22, 2014 Listing removed $262,000 Cashiers
Mar 8, 2013 Price changed $262,000 Cashiers
Oct 8, 2012 Price changed $297,700 Cashiers
May 27, 2012 Price changed $337,400 Cashiers
Feb 10, 2012 Listed $379,900 Cashiers

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $417,410 $60,000 $477,410 $1,988
2024 $417,410 $60,000 $477,410 $1,144
2023 $201,700 $60,000 $261,700 $1,132
2022 $111,050 $60,000 $171,050 $1,111
2021 $111,050 $60,000 $171,050 $1,111
2020 $111,050 $60,000 $171,050 $1,067
2019 $111,050 $60,000 $171,050 $1,054
2018 $89,890 $61,690 $151,580 $888
2017 $89,890 $61,690 $151,580 $888
2016 $89,890 $61,690 $151,580 $888
2015 $89,890 $61,690 $151,580 $865
2014 $111,860 $112,280 $224,140 $1,053
2013 $111,860 $99,810 $211,670 $967
2012 $111,860 $99,810 $211,670 $967
2011 $111,860 $99,810 $211,670 $967
2010 $111,860 $99,810 $211,670 $967
2009 $111,860 $99,810 $211,670 $923
2008 $111,860 $99,810 $211,670 $921
2007 $111,860 $99,810 $211,670 $883

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
884 sqft
Lot size
20,909 sqft
ZIP code
28741
City
Highlands
Street
Upper Lake Rd
Coordinates
35.05825, -83.18454

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 278 Upper Lake Rd last sell?
278 Upper Lake Rd most recently sold on Jan 5, 2024 for $670,000.
What is the current tax assessment for 278 Upper Lake Rd?
The most recent total assessment for 278 Upper Lake Rd (year 2025) is $477,410 with $1,988 in property tax.
How does 278 Upper Lake Rd's assessment compare to its last sale price?
The current assessment is 28.7% below the last sale price of $670,000.
When was 278 Upper Lake Rd built?
278 Upper Lake Rd was built in 1947.
How does 278 Upper Lake Rd compare to others on Upper Lake Rd?
We track 7 other properties on Upper Lake Rd. Browse the list under "Other properties on Upper Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 278 Upper Lake Rd?
278 Upper Lake Rd is a 2 bed, 1 bath, 884 sqft, 20,909 sqft lot single_family.
Is 278 Upper Lake Rd a flip candidate?
No — 278 Upper Lake Rd does not appear in our flips dataset.
Is 278 Upper Lake Rd a tax-appeal candidate?
No — 278 Upper Lake Rd 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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