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For sale
  • $6,850,000

    267 Satulah Road, Highlands, NC 28741

    4beds
    --sqft
    : 
    Single Family Residence
    Built in 1892
    3.07 Acres Lot
    $6,024,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Extra bonus roomsFull kitchenSpacious bonus roomsQuiet spaceDramatic viewsFour bedrooms
    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.
    235 days
    |
    1,097
    |
    22
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 13, 2025 at 11:57am

    Listed by:

    Josephine Lovell,

    Highlands Sotheby's International Realty - DT

    Source: HCMLS,MLS#: 1000818Originating MLS: Highlands Cashiers Board of Realtors

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Primary bedroom
    • Level: Main
    Primary bedroom
    • Level: Second
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Second
    Primary bathroom
    • Level: Main
    Primary bathroom
    • Level: Second
    Bathroom 3
    • Level: Main
    Bathroom 4
    • Level: Second
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Heating
    • Central, Electric, Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Bar Fridge, Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Free-Standing Gas Oven, Built-In Freezer, Freezer, Disposal, Ice Maker, Microwave, Range, Range Hood, Tankless Water Heater, Wine Cooler, Washer
    • Laundry: In Garage, Main Level, Laundry Room, Multiple Locations
    Features
    • Built-in Features, Tray Ceiling(s), Separate/Formal Dining Room, Kitchen Island, Pantry, Walk-In Closet(s), Instant Hot Water
    • Flooring: Carpet, Tile, Wood
    • Basement: Exterior Entry,Encapsulated,Full,Interior Entry,Storage Space,Walk-Up Access
    • Has fireplace: Yes
    • Fireplace features: Bedroom, Gas Log, Living Room, Primary Bedroom, Raised Hearth, Ventless
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    Property

    Parking
    • Total spaces: 4
    • Parking features: Additional Parking, Garage Faces Front, Garage, Garage Door Opener, Heated Garage, Paved, Parking Pad, Storage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Porch, Balcony
    • Exterior features: Balcony, Garden, Gas Grill
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 3.07 Acres
    • Features: Back Yard, Garden, Landscaped, Native Plants, Partially Cleared, Private, Rolling Slope, Many Trees, Views, Wooded
    • Topography: Sloping
    Details
    • Parcel number: 7449386318
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1892

    Utilities & green energy

    • Electric: Generator
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Fiber Optic Available, High Speed Internet Available, Propane

    Community & HOA

    Community
    • Features: Trails/Paths
    • Security: Closed Circuit Camera(s), Fire Alarm, Smoke Detector(s)
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Highlands

    Financial & listing details

    • Tax assessed value: $3,008,960
    • Annual tax amount: $12,306
    • Date on market: 5/6/2025
    • Cumulative days on market: 236 days
    • Listing agreement: Exclusive Right To Sell
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    Estimated market value

    $6,024,700

    $5.66M - $6.45M

    $2,363/mo

    Price history

    Price history
    DateEventPrice
    9/8/2025Price change$6,850,000-9.9%
    Source: HCMLS #1000818 Report a problem
    8/5/2025Price change$7,600,000-5%
    Source: HCMLS #1000818 Report a problem
    5/22/2025Listed for sale$8,000,000
    Source: HCMLS #1000818 Report a problem
    5/6/2025Contingent$8,000,000
    Source: HCMLS #1000818 Report a problem
    5/6/2025Listed for sale$8,000,000+777.2%
    Source: HCMLS #1000818 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$12,014 +0.2%$3,008,960
    2023$11,990 +4.7%$3,008,960 +57.1%
    2022$11,451 $1,915,620

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $38,744/mo
    Principal & interest
    $33891
    Property taxes
    $2455
    Home insurance
    $2398

      Climate risks

      Neighborhood: 28741

      Nearby schools

      GreatSchools rating

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