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For sale
  • Price cut: $30K (11/3)
    $665,000

    118 Paupers Ridge Lane, Banner Elk, NC 28604

    3beds
    2,299sqft
    : 
    Single Family Residence
    Built in 2003
    0.77 Acres Lot
    $-- Zestimate®
    $289/sqft
    $-- HOA

    What's special

    Mountain viewsUnfinished basementInviting wraparound porchKnoll overlooking sugar mountainLow-entry showerSpacious primary suiteTwo closets
    On a knoll overlooking Sugar Mountain and the valley below, this traditional three-bedroom, 3.5 bath home offers a blend of comfort and convenience. The inviting wraparound porch is ideal for soaking in the mountain views, while the outdoor fireplace creates a cozy space to gather with family and friends year-round. The main level offers one-level living capability with a few steps in from the covered carport to the kitchen, dining and living room. The spacious primary suite has a jacuzzi tub, low-entry shower and two closets. Upstairs there are two bedrooms and a full bath, and the unfinished basement also has a full bath. Additionally, there are 400 square feet finished above the carport for an office, home gym or whatever your needs may be. Conveniently just minutes from local amenities, this home offers easy access to dining, shopping and outdoor activities, making it an ideal retreat for year-round living and weekend getaways.
    309 days
    |
    630
    |
    34
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 03, 2025 at 07:32am

    Listed by:

    Melinda Eggers (828)387-5376,

    Premier Sotheby's International Realty- Banner Elk

    Source: High Country AOR,MLS#: 253479MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Propane
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Basement: Full,Unfinished,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: One, Gas, Vented, Outside
    Interior area
    • Total structure area: 3,702
    • Total interior livable area: 2,299 sqft
    • Finished area above ground: 2,299
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Asphalt, Carport, Driveway, Gravel, Other, Shared Driveway, See Remarks
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Open, Wrap Around
    • Exterior features: Storage
    • Has view: Yes
    • View description: Long Range, Mountain(s), Ski Area
    Lot
    • Size: 0.77 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 18681701348500000
    • Zoning description: M-U

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modular/Prefab,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Modular/Prefab, Vinyl Siding
    • Foundation: Basement
    • Roof: Architectural,Shingle
    Condition
    • Year built: 2003

    Utilities & green energy

    • Sewer: Septic Permit 3 Bedroom
    • Water: Private, Well

    Community & HOA

    Community
    • Features: Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $289/sqft
    • Tax assessed value: $277,800
    • Annual tax amount: $1,111
    • Date on market: 2/4/2025
    • Listing terms: Cash,Conventional,FHA,New Loan,USDA Loan
    • Road surface type: Gravel
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/3/2025Price change$665,000-4.3%$289/sqft
    Source: High Country AOR #253479 Report a problem
    9/26/2025Price change$695,000-4.1%$302/sqft
    Source: High Country AOR #253479 Report a problem
    8/25/2025Price change$725,000-3.3%$315/sqft
    Source: High Country AOR #253479 Report a problem
    6/12/2025Price change$750,000-6.1%$326/sqft
    Source: High Country AOR #253479 Report a problem
    3/17/2025Price change$799,000-5.4%$348/sqft
    Source: High Country AOR #253479 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$1,111 $277,800
    2023$1,111 $277,800
    2022$1,111 -19.5%$277,800 +10.7%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,639/mo
    Principal & interest
    $3179
    Home insurance
    $233
    Property taxes
    $227

      Climate risks

      Neighborhood: 28604

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Banner Elk
      • Middle: Avery
      • High: Avery County

      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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