Sold for $140,000 on 10/02/25
$140,000
159 Covered Bridge Road, Banner Elk, NC 28604
2beds
1,254sqft
Single Family Residence
Built in 1990
0.34 Acres Lot
$140,200 Zestimate®
$112/sqft
$1,404 Estimated rent
Home value
$140,200
Estimated sales range
Not available
$1,404/mo
Zestimate® history
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Owner options
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What's special
Great location between Banner Elk and Beech Mountain. County taxes only. This is an AS IS property, repairs needed on exterior & interior. Furnace does not work. Heat is a propane fireplace and space heaters. This is a Jim Walters built home. Owner enclosed the lower level & partially finished the downstairs using the original building permit. A second bathroom is plumbed in the lower level. Septic permit is 2 bedrooms. Great neighborhood and convenient to community events, activities, and attractions. Investors - spend the money to turn this into a short term rental. Price is firm.
Zillow last checked: 8 hours ago
Listing updated: July 15, 2024 at 05:05am
Listed by:
Emily Farthing (828)898-3500,
The Summit Group Of The Carolinas
Bought with:
Emily Farthing, 133598
The Summit Group Of The Carolinas
Source: High Country AOR,MLS#: 249431
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator
- Laundry: In Basement
Features
- Basement: Other,Partially Finished,See Remarks,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,254 sqft
- Finished area above ground: 1,254
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Gravel, Private
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open
- Exterior features: Out Building(s), Gravel Driveway
Lot
- Size: 0.34 Acres
Details
- Additional structures: Outbuilding
- Parcel number: 18591035669500000
- Zoning description: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Wood Frame
- Roof: Asphalt,Shingle
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Private Sewer
- Water: Well
Community & neighborhood
Location
- Region: Banner Elk
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Sold | $140,000-28.7%$112/sqft |
Source: Public Record | ||
| 7/9/2024 | Sold | $196,276-8.7%$157/sqft |
Source: | ||
| 6/17/2024 | Contingent | $215,000$171/sqft |
Source: | ||
| 5/21/2024 | Price change | $215,000-14%$171/sqft |
Source: | ||
| 5/3/2024 | Listed for sale | $250,000$199/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $742 | $185,500 |
| 2023 | $742 | $185,500 |
| 2022 | $742 +59.7% | $185,500 +119.5% |
Find assessor info on the county website
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Banner Elk Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Cranberry Middle SchoolGrades: 6-8Distance: 5.8 mi
- 4/10Avery County High SchoolGrades: 9-12Distance: 8.1 mi
Schools provided by the listing agent
- Elementary: Banner Elk
- 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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