Considering the bounty of mountains, lakes, streams, outdoor recreation, and things to do, the Highlands – Cashiers Plateau real estate market is at times light-heartedly referred to as summer camp for grown ups. After all, as the Wall Street Journal recently noted, the abundance of golf, tennis, croquet, hiking, fishing, and boating activities along with the numerous dining and shopping options offered on the Highlands-Cashiers Plateau sure resemble the offerings from those fondly recalled days of summer camp. It’s also easy to understand why many who start out here vacationing soon discover their love for our mountain communities requires a more permanent fix than a hotel, AirBNB, or VRBO rental. In doing so, home ownership or the purchase of mountain real estate offers a solution that provides for greater opportunities to enjoy the area with its many great amenities and quality lifestyle.
And there are a variety of purchase options when it comes to buying mountain real estate in the area. Whether it be a homesite, condominium, or a single family home – Highlands-Cashiers Plateau buyers have many choices as it relates to real estate ownership. From cozy cabins tucked beside a gentle stream to large palatial estate properties with grand views of mountains and waterfalls, real estate buyers have a plethora of options that will meet the needs and requirements for them and their families.
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Private country club communities with luxury homes for sale are plentiful on the Highlands Cashiers Plateau – and offer seasonal and year round residents a luxurious lifestyle. Most offer world-class golf and tennis, casual and formal dining options, along with beautiful club facilities that include spas and health clubs. Croquet has also grown in popularity in recent years – and many of the private club communities offer members this activity. Another advantage of purchasing into a private golf and tennis development is that these communities typically offer controlled access to provide peace of mind to owners and members when they are away from their property. Many country club communities also provide maintenance services through their homeowner or property owner associations. This feature comes at an additional cost but often makes home ownership an almost maintenance free experience. Some communities require club membership – and this may entail an additional membership initiation fee or contribution, annual membership dues, and annual minimum fees for dining.
For those that may not find the country club lifestyle quite as appealing – a more rustic experience can be enjoyed by those looking to have their place in the sun here in our part of the western North Carolina mountains. Numerous developments provide homesites and parcels of land without all the amenities. A number of high-quality, long time home builders are available and provide a relatively hassle-free way to build the perfect home custom built for you.
Several of these mountain developments also offer gated access.
Real estate buyers will also find an abundance of log cabins and rustic style homes found in these types of developments. For many real estate buyers this is the perfect option to purchasing a property here on the Plateau.
While the entire Plateau real estate market has been very healthy in recent years, the market for high-end, luxury homes on the Highlands-Cashiers Plateau has been exceptionally strong driven primarily by young professionals and retiring baby-boomers looking to escape the sweltering heat associated with the Southeast in the summer. In 2018, 74 homes sold for $1 million dollars or more, up significantly from the 55 luxury homes sold in 2013. The average sale price luxury home on the Highlands-Cashiers Plateau in 2018 was approximately $1.35 million. In 2018 the most expensive luxury homes in the area sold in excess of $3 million. One large estate sale topped the $8 million mark.
Buying real estate on the Highlands-Cashiers Plateau may be a great option for those looking to spend more time in the area. For those that are considering investing in an income producing rental property, second home ownership, or even the possibility of relocating to the Highlands, Cashiers, Lake Toxaway or surrounding area for year round living – numerous options abound. With the baby boomer generation continuing to retire into the Southeast and the proliferation of young professionals in surrounding major cities, demand for investment in Plateau properties – both for lifestyle reasons as well as financial reasons – continues to grow. This fact along with the opportunity to create lasting memories with family and friends make owning a homesite, home, or condominium in Highlands, Cashiers, Lake Toxaway, and other surrounding areas a winning proposition … as well as nice way to relive those fun days at summer camp.