21 Crescent Trail
About This Property
Welcome to 21 Crescent Trail, where life in the Western North Carolina mountains is measured a little differently-cool summer mornings, crisp mountain air, evenings by the fire, and time spent with friends and family.
Set on approximately 0.9 private, beautifully landscaped acres within the desirable Cullasaja Club, this inviting three-bedroom, three-bath mountain home offers a wonderful combination of privacy, comfort, and outdoor living. Vaulted ceilings enhance the open, airy character of the home, while the screened porch and spacious outdoor deck provide ideal settings for morning coffee, afternoon relaxation, or entertaining friends on cool Highlands evenings. A private dock on the lake creates your own connection to the water and adds another dimension to the mountain lifestyle. Beautiful landscaping surrounds the home, while a two-car garage provides convenience and ample storage.
Just minutes from downtown Highlands, the property offers the opportunity to enjoy one of the Southeast's most sought-after mountain destinations. Highlands combines the natural beauty and relaxed pace of mountain living with an exceptional small-town experience-outstanding restaurants, boutique shopping, art and cultural events, hiking, waterfalls, and a vibrant social community, all at an elevation of approximately 4,100 feet.
Within Cullasaja Club, the lifestyle becomes even more special. The community is known for its spectacular mountain setting, welcoming atmosphere, and exceptional recreational and social opportunities. Golf, tennis, croquet, fitness, dining, and time spent with friends are all part of the Cullasaja experience, subject to membership and Club privileges.
Whether enjoying a morning round of golf, spending a quiet afternoon by the lake, exploring a nearby hiking trail, meeting friends in downtown Highlands, or relaxing on the screened porch as the temperature drops in the evening, 21 Crescent Trail provides a wonderful home base for everything the Highlands plateau has to offer.
For those looking for more than a mountain house, this is an opportunity to embrace the Highlands lifestyle-a place to slow down, reconnect with family and friends, and create mountain traditions that can last for generations.
21 Crescent Trail - your place in the mountains, your home in Highlands.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$2,000,000
↓ $200K
(9.1%) | |
| Price Decreased | |||
| Sep 24, 2026 | Listed by MOUNTAIN LIFE REAL ESTATE, LLC | $2,200,000 | |
| Listed by MOUNTAIN LIFE REAL ESTATE, LLC | |||
| Mar 15, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017