460 Laurel Ridge Rd, Banner Elk, NC, 28604

$294,000

Home List Price

$3,491*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
850 SqFt
$346/SqFt
House

Location

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460 Laurel Ridge Rd, Banner Elk$294,000

Buyer Closing Credits

$3,491*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1985
HeatingBaseboard, Electric
CoolingOther, None
BasementYes
FireplaceWood Burning
MLS #4184874
StatusAccepting Backup Offers
(Active Under Contract)

About 460 Laurel Ridge Rd

Nestled in the picturesque Mill Ridge community, this charming 2-bedroom, 2.5-bathroom cottage offers the perfect blend of comfort and convenience. Just 10 minutes to Boone and 15 minutes to Blowing Rock and Banner Elk, this home is perfectly located for all the High Country has to offer! Thoughtfully maintained and fully furnished, this cozy home has been used as a second home getaway since 2008. The main level boasts updated flooring, adding a touch of modern elegance to the warm, inviting interior. Located just minutes from Boone, Blowing Rock, and Banner Elk, you'll enjoy easy access to the best of the High Country. The walkable community features an array of amenities, including an outdoor pool and tennis courts, with additional options for simply relaxing in a serene environment. Whether you're looking for a tranquil getaway or a charming full-time residence, this quaint Mill Ridge cottage is an exceptional opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1985
  • Living Area: 850 SqFt

Listing Office:

  • Office Name: Blue Ridge Realty & Investments
  • Office Email: lholmes@brri.net

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Cooktop, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Other, None

Other

Directions Information:

  • Directions: From Boone, take Hwy 105 to Clubhouse Dr. Turn Left. Follow Clubhouse Drive to Laurel Ridge. Stay on Laurel Ridge to 460 Laurel Ridge Rd on the right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $294,000
  • Price Per SqFt: $346/SqFt

HOA Fees:

  • Amount: $175
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $696
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Banner Elk, NC.

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Banner Elk, NC

City

Med. Sold Price

$320.1K

Med. Price/SqFt

$305

Avg. Days On Market

7

# of Sold Homes

2

460 Laurel Ridge Rd vs Banner Elk

93 DAYS ON ROCKET

+86 Days

$294,000

-$26.1K Less

$346/SqFt

+$41 More

KEY TAKEAWAY

This property is $26.1K less than the Median Sold Price and $41/SqFt more than other homes in Banner Elk, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4184874

Listing Office:

  • Office Name: Blue Ridge Realty & Investments
  • Office Email: lholmes@brri.net

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:21:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$696$135,900
2020$695$135,900
2019$627$135,900
2018$628$135,900
2017$628$135,900

History based on county public records data.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$948

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-947535
9
/10

  • Banner Elk Elementary School

  • 155 Orchard Ln

  • 4.57 miles

  • Public District Grades PK-5

school-card-donut-947536
5
/10

  • Newland Elementary School

  • 750 Linville St

  • 9.53 miles

  • Public District Grades PK-5

school-card-donut-947537
8
/10

  • Freedom Trail Elementary School

  • 6110 N US Highway 19E

  • 10.48 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,440. The most common annual income of people living in Banner Elk, NC is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 460 Laurel Ridge Rd

What is the listing price of this property?

The listing price of 460 Laurel Ridge Rd property is $294,000.

What type of property is this?

The property 460 Laurel Ridge Rd is a house located in Banner Elk, North Carolina, 28604.

Is this property for sale now?

Accepting Backup Offers: 460 Laurel Ridge Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $696 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 460 Laurel Ridge Rd has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 460 Laurel Ridge Rd is 850 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 460 Laurel Ridge Rd is 1985.

Rocket Homes›North Carolina›Avery County›Banner Elk›28604›460 Laurel Ridge Rd

This home is located at 460 Laurel Ridge Rd in Banner Elk, NC and zip code 28604. This 850 square foot home was built in 1985. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $294,000.

Over 1 listings were sold over their listed price in November 2024 in Banner Elk, NC. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Banner Elk, NC increased by 3.8% between October 2024 and November 2024. In November 2024 median list price was $320,150 and the average listing age was 7 days.

From Rocket Homes Real Estate and based on county public records data.

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