Refine Search
Map
Sort by
$2,950,000
5 Beds ⋅ 5 Baths ⋅ 4395002 MLS ⋅ 4,164 SqFt. ⋅ ACTIVE Status
A rare two-home Highlands retreat just four minutes from Main Street, this exceptional offering was originally built by renowned local craftsman Ralph Thomas and thoughtfully updated for modern mountain living. Privately set among the trees near the Mirror Lake area, the property spans approximately one acre across two lots and offers an uncommon blend of craftsmanship, flexibility, privacy, recreational access, and income-producing potential. Together, the residences provide approximately 4,500 square feet of interior living space, five bedrooms, five full baths, multiple flexible guest rooms and office spaces, two laundry/utility areas, four full-size refrigerators, and abundant indoor-outdoor living space. More than 2,000 square feet of decking includes a 400-square-foot cathedral-style screened porch, permanent seating areas, two fire pits, an outdoor stove, and peaceful spaces for gathering, dining, or relaxing beneath the tree canopy. The setting is both private and convenient, with winter mountain views, summer forest-canopy vistas, and more than 130 trees planted along the perimeter in 2020 to enhance the secluded feel. A private paved driveway provides access within a quiet enclave adjoining Mirror Lake, while nearby gravel roads, waterfalls, streams, hiking trails, Skyline Lodge, and downtown Highlands place the best of the Plateau close at hand. The primary residence underwent a comprehensive renovation in 2020 while preserving its original Adirondack camp character. Original wormy chestnut cabinetry and wood flooring remain, complemented by Bosch and Liebherr appliances, updated baths, a screened outdoor living area with electric screens, a metal roof, and replacement windows and doors throughout. Additional features include two wood-burning fireplaces, a gas river-rock fireplace, two garages with space for three vehicles, workshop areas, guest parking, high-speed internet service with fiber-optic availability, and a generator serving both homes. The second residence has been upgraded to strengthen rental appeal and has generated up to $60,000 annually in long & short-term rental income. Located outside the Town of Highlands limits, the property benefits from the absence of municipal rental restrictions, offering flexibility for personal use, guest accommodations, or investment income. With two distinct homes, refined updates, original craftsmanship, outdoor living, and proven rental performance, this is a truly distinctive Highlands property.

85 & 95 Ralph Thomas Road, Highlands

Listing courtesy of MOUNTAIN LIFE REAL ESTATE, LLC. doug@mountainlifere.com
$2,000,000
4349534 MLS ⋅ ACTIVE Status
Turnkey Commercial Opportunity – Gold City in Franklin | Prime Hwy 441 Frontage! Positioned directly on the highly traveled Highway 441, this exceptional 11+/- acre commercial property offers outstanding visibility and immediate income potential in the heart of Western North Carolina. This is a true turnkey investment, being sold fully stocked with merchandise so a new owner can step in and continue operations from day one. The property includes a doublewide mobile home that can serve as an on-site residence or rental, along with a storage building for additional utility. Income-producing features include 10 rentable storage units and a fenced-in RV lot, offering multiple streams of revenue. Two billboards on the property provide valuable advertising exposure and added income potential, while the expansive parking lot accommodates 25+ vehicles, making it ideal for customer traffic, events, or future growth. With direct Highway 441 frontage and steady daily traffic, Gold City presents a rare opportunity for investors or owner-operators seeking a flexible, high-visibility commercial asset in Western North Carolina.

9410 Sylva Road, Franklin

Listing courtesy of Mossy Oak Properties Carolina Timber & Realty. jnorwood@mossyoakproperties.com

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company 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. © 2026 Carolina Multiple Listing Services, Inc.”