Discover your perfect mountain getaway in Mill Ridge subdivision, located in Banner Elk, North Carolina! This charming, impeccably maintained cabin offers a cozy retreat with rustic wood flooring, vaulted ceilings, and a stone wood stove at its heart. The open living area and sun-filled den leads to an expansive deck where you can enjoy the sights and sounds of the surrounding woods. With two bedrooms, a bonus loft, and multiple sleeping arrangements, this home is well-suited for families or guests. The Mill Ridge community, with a monthly fee of $165, covers water, sewer, road maintenance, snow removal, and amenities like a summer pool, tennis courts, and green spaces. Plus, the Watauga River runs through the community, enhancing the outdoor experience. Conveniently located near skiing, dining, shopping, and hiking, this move-in-ready cabin is optimal for full-time living, a second home, or a vacation rental to enjoy the High Country lifestyle!
Sold for $405,000 on 03/24/25
$405,000
115 Old Chestnut Road, Banner Elk, NC 28604
2beds
1,376sqft
Single Family Residence
Built in 1990
5,227.2 Square Feet Lot
$401,400 Zestimate®
$294/sqft
$2,005 Estimated rent
Home value
$401,400
$337,000 - $478,000
$2,005/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 28, 2025 at 06:19am
Listed by:
Amy LaBarre (828)265-2199,
Blue Ridge Brokerage
Bought with:
Jules Blaylock, 341480
Grandfather Realty
Source: High Country AOR,MLS#: 251226
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric, Space Heater, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Dishwasher, Electric Cooktop, Microwave Hood Fan, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Basement
Features
- Vaulted Ceiling(s)
- Basement: Crawl Space,Finished,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Free Standing, Wood Burning
Interior area
- Total structure area: 1,376
- Total interior livable area: 1,376 sqft
- Finished area above ground: 688
- Finished area below ground: 688
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Multiple, Open
Lot
- Size: 5,227 sqft
Details
- Parcel number: 1888053566000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Log Home,Mountain
- Property subtype: Single Family Residence
Materials
- Log, Log Siding, Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Metal
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Community/Coop Sewer
- Water: Community/Coop
Community & neighborhood
Community
- Community features: Long Term Rental Allowed, Short Term Rental Allowed
Location
- Region: Banner Elk
- Subdivision: Mill Ridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $165 monthly
Other
Other facts
- Listing terms: Cash,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Sold | $405,000-2.4%$294/sqft |
Source:  High Country AOR #251226 | ||
| 2/11/2025 | Contingent | $415,000$302/sqft |
Source: High Country AOR #251226 | ||
| 10/25/2024 | Price change | $415,000-2.4%$302/sqft |
Source: High Country AOR #251226 | ||
| 9/3/2024 | Price change | $425,000-1.2%$309/sqft |
Source: High Country AOR #251226 | ||
| 8/8/2024 | Listed for sale | $430,000+3.6%$313/sqft |
Source: High Country AOR #251226 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,277 | $319,000 |
| 2023 | $1,277 +1.8% | $319,000 |
| 2022 | $1,254 +49.2% | $319,000 +90% |
Find assessor info on the county website
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 4 mi
- 8/10Watauga HighGrades: 9-12Distance: 8.3 mi
Schools provided by the listing agent
- Elementary: Valle Crucis
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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