692 Lost Trail, Highlands NC

  • 3 Bed
  • 4 Bath
  • 2486 ft2
  • 2.0 ac

For Sale $4,750,000

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Remarks:

Built in 2021 and positioned on approximately 1.96 acres, this contemporary mountain residence offers refined craftsmanship, modern comforts, and striking Whiteside Mountain views from every room on the main level and many rooms on the lower level. Located within the gated Cullasaja Club community in Highlands, NC, the home captures the relaxed elegance and natural beauty of the Highlands-Cashiers Plateau. The main level centers around a spacious great room with soaring ceilings and a gas fireplace shared with the primary owner’s suite. Expansive sliding glass doors frame the mountain landscape and open to a screened porch with a wood-burning fireplace, creating a seamless indoor-outdoor living experience. The porch connects to an open deck accessed from the primary suite. The primary bedroom is located on the main level and features mountain views along with a generous ensuite bath that includes a soaking tub, glass walk-in shower, and walk-in closets. The kitchen blends clean design with high-end functionality and features built-in appliances including a gas stove and double ovens. A formal dining area and casual dining space provide flexibility for everyday living and entertaining. The lower level offers additional living space designed for comfort and recreation. Two guest bedrooms share a Jack-and-Jill bath, while the recreation room includes a fireplace, pool table area, and wet bar. Sliding doors lead to a covered deck with a hot tub. Large windows throughout the home bring natural light indoors while showcasing the impressive mountain views. Approved membership provides access to Cullasaja Club’s world-class amenities, including an Arnold Palmer–designed championship golf course, clubhouse dining, wellness facilities, tennis, swimming, and a vibrant social calendar. Additional features include lake access to Ravenel Lake and an extensive trail network throughout the community, with connections to the adjoining National Forest.

Exterior Features:

Above Ground Hot Tub / Spa

Interior Features:

Breakfast Bar, Built-in Features, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar

General Information:

List Price: $4,750,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 2486 sqft
Parking: Driveway, Attached Garage, Garage Faces Front, Golf Cart Garage, Keypad Entry
MLS Number: CAR4360852
Subdivision: Cullasaja Club
Style: Traditional
Bathrooms: 4
Lot Description: Sloped, Views
Year Built: 2021
Sewer Type: Private Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
05-05-2026 Listed $4,750,000 $1,911
08-13-2025 Under Contract $898,500-2.34% $362
06-03-2025 Listed $920,000 $371

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Highlands School 3 miles KG-06 8
Summit Charter School 4 miles KG-06 8
Blue Ridge School 5 miles KG-06 2

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

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Street Address Distance Status List Price Days on Market
692 Lost Trail, Highlands NC 0 mi $4,750,000 days
451 Crescent Trail, Highlands NC 0.8 mi $1,900,000 days
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Sold Properties Nearby

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28741

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By MOUNTAIN LIFE REAL ESTATE, LLC

    692 Lost Trail, Highlands NC is a 2486 ft2 on a 1.960 acres lot. This is for $4,750,000. This has 3 bedrooms, 4 baths, and was built in 2021.

    Based on information submitted to the MLS GRID as of 2026-05-05 11:31:49 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.