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965 Franklin Rd, Highlands
$399,000
2 Beds ⋅ 1 Baths ⋅ 1004069 MLS
Rare opportunity on Mirror Lake in Highlands! This waterfront property offers an exceptional setting directly on the shores of Mirror Lake, less than five minutes from downtown Highlands. The existing home is essentially a tear-down, and being sold " AS-IS" making this a unique opportunity to create a new mountain retreat in one of Highlands’ most desirable locations. The property currently offers an existing building footprint that can provide valuable redevelopment potential, subject to verification and approval by the Town of Highlands and applicable regulations. Enjoy the best of Highlands living with easy access to downtown, Mirror Lake, and the area’s renowned natural attractions. Bridal Veil Falls is approximately 1.5 miles away, as well as numerous scenic waterfalls, hiking trails, and outdoor destinations. A rare lakefront opportunity with tremendous potential in a highly sought-after Highlands location.

965 Franklin Rd, Highlands

221 N 4th St, Highlands
$2,100,000
1 Baths ⋅ 1003986 MLS
Situated in one of the most coveted commercial corridors in the heart of Highlands, this prime retail offering presents a rare opportunity to acquire over 3,000 square feet of highly visible shop space just steps from Main Street. Positioned amid the town’s most vibrant boutiques, restaurants, and foot traffic, the location benefits from exceptional walkability and enduring demand. The property is currently home to the beloved Highland Hatter, a long-standing and well-recognized business whose existing lease adds immediate income stability and enhanced investment value. This established tenancy underscores the strength of the location while offering an investor the appeal of a proven retail environment in one of Western North Carolina’s most prestigious mountain towns. Whether held as a long-term income property or envisioned as a cornerstone asset within a curated commercial portfolio, this offering combines location, scale, and legacy. Schedule a tour today to see this exceptional real estate investment in the heart of Highlands.

221 N 4th St, Highlands

48 Holt Knob Rd, Highlands
$855,000
2 Beds ⋅ 2 Baths ⋅ 1002162 MLS
Located in downtown Highlands, NC, this charming two-bedroom, two-bath cottage offers the perfect blend of comfort and convenience. With its inviting design and prime location, this home is ideal for those who seek a mountain vacation retreat or want to live in Highlands year round. The spacious sitting and dining area provides an open, welcoming space for entertaining or relaxing by the fire. The well-equipped kitchen is ready for your culinary adventures, while the two large bedrooms offer sublime relaxation. The exterior of this delightful cottage is equally impressive. Step onto the covered front porch and savor your morning coffee while taking in the crisp mountain air. The attached carport keeps your vehicle sheltered from the elements. For outdoor gatherings, the fire pit is the perfect spot to unwind, share stories, and enjoy the cool evenings under the stars. Within walking distance of Highlands' vibrant local scene filled with boutique specialty shops, gourmet restaurants, and cultural attractions, this home truly has it all. Whether you seek an investment property, a weekend getaway, or a permanent residence, this cottage is a rare gem in one of western North Carolina's most sought-after towns. Don't miss the opportunity to own a piece of Highlands charm!

48 Holt Knob Rd, Highlands

49 Spring View Ln, Highlands
$4,250,000
4 Beds ⋅ 5 Baths ⋅ 1001969 MLS
Have you heard? The very first Cottage on 4th ever offered for resale has just become available—an opportunity as rare as it is exciting. This is more than a home; it’s a sophisticated retreat where thoughtful design meets effortless Highlands living. Inside, the open floor plan invites connection. The great room, anchored by a stone fireplace, flows easily into the dining area and bright, welcoming kitchen with abundant counter space. It’s the perfect backdrop for everything from intimate dinners to lively gatherings with friends. The primary suite is a private sanctuary, complete with a cozy sitting room, dual walk-in closets, and a spa-inspired bath with a freestanding tub and oversized shower. On the opposite side of the home, two spacious guest suites ensure comfort and privacy for visitors. A powder room, generous pantry, and large laundry room add ease and functionality. Above the two-car garage—already enhanced with a workshop—you’ll discover a spacious guest retreat with its own sitting area and full bath. And then there’s the location: just a leisurely stroll from downtown Highlands, where world-class restaurants, art galleries, boutique shopping, and outdoor adventures await. The Cottage on 4th isn’t just a home. It’s a lifestyle—where luxury and leisure come together in one of America’s most enchanting mountain towns.

49 Spring View Ln, Highlands

210 5th St, Highlands
$1,841,910
3 Baths ⋅ 1001664 MLS
Superior investment opportunity in downtown Highlands, Completely reimagined and rebuilt in 2020, 210 N. 5th Street anchors the Highlands Village Square shopping area and enjoys high visibility. Just one block from Main Street and adjacent to Kelsey Hutchinson Park, it is an excellent location for foot traffic, especially during park events. There is a commercial space on the main level perfect for business or professional offices, retail or light food service. It is fully ADA compliant. There is currently a lease in place as a Real Estate office. There are a few private/reserved parking spaces and ample street parking. The upstairs unit is a luxury two bedroom (one king, one queen), two full bath apartment. The open living space includes a full kitchen, large sitting area with fireplace and covered front porch overlooking the lawn and 5th Street. It is offered beautifully furnished right down to the silverware and linens. It is a fully legal short term rental with rental history available upon request. It would also be perfect as a long term rental orowner occupied.

210 5th St, Highlands

740 Horse Cove Rd Unit 3, Highlands
$532,000
2 Beds ⋅ 2 Baths ⋅ 1001384 MLS ⋅ Highlands Townsite BLDG.
In-town 2 bedroom, 2 bath condominium with kitchen and spacious dining and living area. Enclosed front porch, accessed from the street, so level entry is an option. Best location in town, close to the Biological Station and its trails, Sunset Rock, Mountain Fresh, the Highlands Library and a variety of nearby churches. You have your own covered parking space under the building. That alone is a wonderful bonus for this in-town living opportunity! No short term rentals allowed, 2 tenants per year with a 30-day minimum. This is the perfect vacation opportunity, lock and leave, enjoy all the town has to offer! The front landscape is a lush flower garden, beautiful to see hummingbirds enjoy the garden.. The back yard is a level green space, what a treat to be able to enjoy nature with this in-town condominium.

740 Horse Cove Rd Unit 3, Highlands

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