For SaleNeutral Deal54 days on market
51 Bear Shadow Ridge
51 Bear Shadow Ridge, Highlands, NC 28741, Highlands, NC 28741
$4,750,000
Estimate®:$4,395,000
Listing Price
51 Bear Shadow Ridge, Highlands, NC 28741
Loc: Highlands, NC
Days Listed
54
Tax Assessed
$1105k
Estimate®
$4395k
Market Rate
Lot Size
1.32 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Highlands School
K-12
4.2 mi away
6
Macon Middle School
7-8
12.8 mi away
3
Mountain View Intermediate School
5-6
13.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
mountain viewscenic landscapeforested hillsidenatural topographypanoramic vistaselevated locationrural settingoutdoor recreationnature retreatwildernessrock outcroppingsdramatic shadowssecluded
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.86%
Total ROI
107.9%
Cash Flow
$2,491/mo
DSCR
1.10
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $2,491/mo net cash flow with a 6.9% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.9%)
- • Strong rental demand in Highlands
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-31 | Listed for sale | $4,750,000 | – |
| 2023-09-13 | Sold | $3,784,000 | – |
| 2023-09-04 | Pending sale | $4,299,000 | – |
| 2023-08-15 | Contingent | $4,299,000 | – |
| 2023-05-22 | Listed for sale | $4,299,000 | – |
| 2015-04-01 | Sold | $1,500,000 | – |
| 2015-03-22 | Pending sale | $1,750,000 | – |
| 2014-08-30 | Price change | $1,750,000 | – |
| 2014-03-23 | Price change | $1,995,000 | – |
| 2012-11-16 | Price change | $2,195,000 | – |
| 2012-04-16 | Listed for sale | $2,485,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,315.68 | $1,105,390 |
| 2024 | $3,315.68 | $1,105,390 |
| 2023 | $3,289.51 | $1,100,490 |
| 2022 | $1,303.2 | $303,070 |
| 2021 | $1,303.2 | $303,070 |
| 2020 | $1,226.52 | $303,070 |
| 2019 | $1,226.52 | $303,070 |
| 2018 | $1,531.81 | $425,740 |
| 2017 | $0 | $425,740 |
| 2016 | $0 | $425,740 |
| 2015 | $0 | $425,740 |
| 2014 | $1,542.6 | $175,390 |
| 2013 | $1,542.6 | $175,390 |
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