Build your Mountain Retreat, Second Home or Retirement Chalet in this well-established Skiing Community of Mill Ridge! Minutes from Sugar Mountain Ski Resort nestled in the High Country with shopping, mining, craft breweries, restaurants and hiking! Enjoy the breathtaking views atop this amazing mountain community. The lot is currently a non-member lot.
Property Details
Property Features
Listing Office:
Office Name: Golden Key Realty NC, LLC
Office Phone: (336) 260-4059
Listing Agent: Walter Mastin
Lot Features
Lot Information:
Lot: Sloped
Lot Size: 0.07 Acres
Other
Directions Information:
Directions: From Boone take NC-105 S for 8.5 miles, take a left onto Clubhouse Drive and follow that to Laurel Ridge Rd for about .7 miles
Price Information
Listing Price Info
Price Summary:
List Price: $24,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Banner Elk, NC.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$192
Per Month
Principal & Interest
$125
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$141
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Banner Elk Elementary School
155 Orchard Ln
Distance between this listing and this school4.50 miles
Public District Grades PK-5
5
/10
Newland Elementary School
750 Linville St
Distance between this listing and this school9.45 miles
Public District Grades PK-5
8
/10
Freedom Trail Elementary School
6110 N US Highway 19E
Distance between this listing and this school10.41 miles
Public District Grades PK-5
Nearby Schools
7
/10
Valle Crucis School
2998 Broadstone Rd
Distance between this listing and this school4.01 miles
Public District Grades PK-8
8
/10
Blowing Rock School
165 Morris St
Distance between this listing and this school5.79 miles
Public District Grades PK-8
5
/10
Cove Creek School
930 Vanderpool Rd
Distance between this listing and this school7.61 miles
Public District Grades PK-8
Nearby Schools
8
/10
Watauga High School
300 Go Pioneers Dr
Distance between this listing and this school8.33 miles
Public District Grades 9-12
6
/10
Watauga Innovation Academy
300 Go Pioneers Dr
Distance between this listing and this school8.33 miles
Public District Grades 9-12
4
/10
Avery County High School
401 Avery County High School Rd # R
Distance between this listing and this school9.86 miles
The neighbors living near this home have an average income of $37,440. Most Banner Elk, NC residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOTE-15 Laurel Ridge Rd
What is the listing price of this property?
The listing price of LOTE-15 Laurel Ridge Rd property is $24,900.
What type of property is this?
The property LOTE-15 Laurel Ridge Rd is land located in Banner Elk, North Carolina, 28604.
Is this property for sale now?
Active Listing: LOTE-15 Laurel Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property LOTE-15 Laurel Ridge Rd is 0.07 acres.
Interested in LOTE-15 Laurel Ridge Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOTE-15 Laurel Ridge Rd in Banner Elk, NC and zip code 28604. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $24,900.
While more than 1 listings in Banner Elk, NC in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The inventory of homes for sale in Banner Elk, NC between October 2024 and November 2024 increased by 3.8%. 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.