Waterfall, Waterfall, Waterfall! This house backs up to the Watauga River for outstanding water sounds 24 hours a day, and it is not in a Flood Zone... Designed by a renowned interior designer, with great high-end touches in the kitchen and the baths. Stainless appliances, granite countertops, custom cabinets, hardwood floors, high end ceramic tile details, This house has it all. Stroll out the huge French doors to the water's edge... watch the trout jumping in the pools below the waterfalls, relax by the water's edge and let the beauty soak in. With 3 bedrooms and a fourth "office" area, this house has all the room to accommodate everyone. It is so well located, between Boone, Blowing Rock and Banner Elk in the high-end community of the Glens of Grandfather...with Watauga County schools. The community has a picnic pavilion, next to a creek, and easy access to the best restaurants in the High Country.
For sale
Price cut: $250K (11/7)
$1,199,900
161 Cobblestone Bridge Lane, Banner Elk, NC 28604
3beds
3,149sqft
Est.:
Single Family Residence
Built in 2005
1 Acres Lot
$1,154,000 Zestimate®
$381/sqft
$92/mo HOA
What's special
Outstanding water soundsHardwood floorsGranite countertopsStainless appliancesHuge french doorsCustom cabinets
- 244 days |
- 546 |
- 28 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 05:46am
Listed by:
Jonathan Lehman (828)964-1922,
Keller Williams High Country
Source: High Country AOR,MLS#: 254767
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric, Forced Air, Heat Pump, Propane
Cooling
- 1 Unit
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: One, Stone
Interior area
- Total structure area: 3,149
- Total interior livable area: 3,149 sqft
- Finished area above ground: 3,149
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage, One Car Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1 Acres
Details
- Parcel number: 1867881514000
- Zoning description: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Roof: Architectural,Shingle
Condition
- Year built: 2005
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Permit 4 Bedroom
- Water: Private, Well
Community & HOA
Community
- Subdivision: Glens Of Grandfather
HOA
- Has HOA: Yes
- HOA fee: $1,100 annually
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $381/sqft
- Tax assessed value: $872,300
- Annual tax amount: $3,312
- Date on market: 4/10/2025
- Listing terms: Cash,New Loan
- Road surface type: Paved
Estimated market value
$1,154,000
$1.10M - $1.21M
$4,286/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Price change | $1,199,900-17.2%$381/sqft |
Source:  High Country AOR #254767 Report a problem | ||
| 10/3/2025 | Price change | $1,449,900-3.3%$460/sqft |
Source: High Country AOR #254767 Report a problem | ||
| 9/18/2025 | Price change | $1,499,900-3.2%$476/sqft |
Source: High Country AOR #254767 Report a problem | ||
| 8/26/2025 | Price change | $1,549,900-3.1%$492/sqft |
Source: High Country AOR #254767 Report a problem | ||
| 7/29/2025 | Price change | $1,599,900-3%$508/sqft |
Source: High Country AOR #254767 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,313 | $872,300 |
| 2023 | $3,313 +0.7% | $872,300 |
| 2022 | $3,290 +51.6% | $872,300 +89.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,895/mo
Principal & interest
$5973
Home insurance
$420
Other costs
$502
Climate risks
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 5.8 mi
- 8/10Watauga HighGrades: 9-12Distance: 10.9 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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