NC mountain estate hits market at nearly $50M

A luxe mountain estate in southwest North Carolina is up for sale with an eye-catching price just shy of $50 million.

That mountaintop property in Highlands, called Sagee Estate, encompasses 40 acres that include a manor home, guest cottage, outdoor dining pavilion with dual fireplaces, lush gardens and even its own helipad. Listed on March 17, it carries a price of $49.99 million.

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The estate is owned by a trust linked to the family of Andrew Johnson, a London-based lighting executive, according to an article by The Wall Street Journal. The family paid about $18 million to assemble the land for use as a vacation home, the article states, noting that they no longer spend as much time there.

Read more and check out photos of the estate on CBJ’s website here.

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