$1,987,500 Estate Is Most Expensive Residential Sale Of All Time in Hickory

Written by Posted On Tuesday, 26 January 2021 12:05

The waterfront property sold in just 7 days.

Hickory, N.C. (December 23, 2020) — A custom-built waterfront estate has sold in just seven days for $1,987,500 — the most expensive residential sale in the history of Hickory real estate. Poised on 6.87 acres, the home boasts three levels and panoramic views of Lake Hickory. Located at 4731 1st Street, the property was marketed exclusively by Michelle Rhyne of Premier Sotheby’s International Realty’s Lake Norman office.

Built in 1999, the six-bedroom, six-and-a-half bath home encompasses 12,557 square feet. A masterpiece of design, it is crafted with the finest materials, including heart pine floors salvaged from the Sears building in Chicago that were lovingly refinished. Exceptional appointments abound, from a luxurious master suite with private terrace to a second level with four en-suite bedrooms, lounge area and playroom. The spacious lower level houses a home theater, card room, gym and en-suite bedroom.

Extraordinary outdoor living is framed by mature trees, exquisite landscaping and elegant lighting. Resort-style amenities include a heated Olympic-size pool, spa and pool house as well as a covered boat dock with lift. The property also features a greenhouse and an 852-square-foot apartment above the garage with pecky Cyprus floors,  full kitchen and fireplace.

“This incomparable estate presents the ultimate lakefront lifestyle in a serene setting,” said Michelle Rhyne. “The fact that it was sold in just one week, and for a record high price, demonstrates the strength of the waterfront real estate market.”

About Premier Sotheby’s International Realty

Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,400 associates and employees in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage is a division of The Lutgert Companies, a prominent member of Southwest Florida’s business community since 1964. For more information, visit premiersothebysrealty.com.

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