Skip to main contentSkip to navigation
1 / 43
Images
Map
Street

Residential Land with Home for Sale in Highlands, North Carolina

267 Satulah Road Lot: 9, Highlands, NC 28741

$6,850,000
3 acres
Active
$750k drop
Est $34,589/mo

Sited like a beacon overlooking the quaint town of Highlands, this majestic home named "Chetolah" quietly reigns as a humble monarch. "Chetolah," from Cherokee, is said to mean "a place of rest," was built in 1892 by Highlands' second mayor, Henry Martin Bascom, who came to Highlands to regain his health. He established a series of businesses on the corner of Main and Fourth Streets. He and his family prospered here. The Bascoms accumulated nearly 20 acres of land for their new home on Satulah Mountain, which afforded dramatic views and lots of space to rest. The Bascom's daughter, Louise, left Highlands to attend college in Salt Lake City, where she met her future husband, George Watson Barratt. Louise and Watson moved to New York after college. She worked for several New York-based magazines, including Harper's. Watson became the design director for the Shubert Theatre Company of New York, where he designed sets and costumes, and even wrote for the theatre. When Louise's mother became ill, she and Watson left New York and moved into Chetolah to care for Mrs. Bascom. Later, Louise became ill and died; Watson returned to New York to be close to friends there. He created a life estate for a friend, who lived in the family home until her death, at which time the estate was sold and the funds were used to create the Louise-Bascom Gallery, located in the Hudson Library Building on Main Street. The Bascom-Louise Gallery later became The Bascom: A Center for the Visual Arts, in Highlands. Chetolah has been cared for by four families over the past several decades. Under the design leadership of the celebrated designer, Darren Whatley, the home was completely rebuilt from the foundation up and from the inside out. Four bedrooms in the manor house with extra bonus rooms for offices and quiet space, the guest house has two spacious bonus rooms with a full kitchen, bathroom and living room. Given the extensive renovations and refurbishing in 2018-2019, the home will be a comfortable place of rest for many years to come. This incredible estate on over three acres and walking distance to town is impossible to replicate or find. A very fortunate family will enjoy this legacy property for generations.

Sq feet
4
Beds
4
Full baths
2
1/2 baths
1892
Built

Location

Street address
267 Satulah Road Lot: 9
Community
Highlands In-Town
Elevation
4,045 feet
Coordinates
35.0464, -83.199

Directions

Take Hwy 28 to Satulah Mountain Road. 267 Satulah Road is on the right.

Property details

Acreage
3.07 acres
MLS #
HCBOR 1000818
Posted

Property taxes

2025
$12,306

Parcels

  • 7449386318

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Mountains
Features
Back Yard, Garden, Landscaped, Many Trees, Native Plants, Partially Cleared, Private, Rolling Slope, Views, Wooded

Exterior

Parking
Garage, Open
Pool
Deck, Porch
Features
Balcony, Gas Grill

Structure

Stories
2
Water
Public
Sewer
Septic Tank
Heating
Central, Electric, Natural Gas
Cooling
Central Air
Materials
Frame, Wood Siding
Roof
Metal

Interior

Rooms
Basement, Bathroom x 6, Bedroom x 4, Laundry Room
Flooring
Carpet, Tile, Wood
Appliances
Bar Fridge, Built In Freezer, Built In Refrigerator, Dishwasher, Disposal, Dryer, Electric Oven, Exhaust Fan, Free Standing Gas Oven, Freezer, Ice Maker, Microwave, Range, Range Hood, Tankless Water Heater, Washer, Wine Cooler
Features
Built In Features, Instant Hot Water, Kitchen Island, Pantry, Separate Formal Dining Room, Tray Ceilings, Walk In Closets

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Sept 9, 2025Price drop$6,850,000$750,000 -9.9%HCBOR
Aug 6, 2025Price drop$7,600,000$400,000 -5%HCBOR
May 23, 2025Back on market$8,000,000HCBOR
May 7, 2025New listing$8,000,000HCBOR
Subscribe to listing updates

Payment calculator

This 3.07-acre property is located at 267 Satulah Road Lot: 9 in Highlands, NC 28741. The property is available for sale for $6,850,000. It has a 4 bedroom, 4 bath house built in 1892.

Checked 7 hours ago — Updated

Report listing issue

Copyright (C) 2025 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact