This home has stunning views looking up the valley framed with the profile of Grandfather Mountain, and is located in the heart of Foscoe, with close proximity to all of the High-Country amenities. Blue Ridge Mountain Rentals projects this property to do $55,000-$70,000 in gross rentals and it may do more do more with additional features. The main house has three bedrooms, two full baths, one half bath, living and dining in an open concept with windows to take in the incredible view, a large kitchen with a breakfast area and lots of deck space for outdoor entertaining. The deck is compromised and should not be walked on at this time. Warning signage is posted to make you aware. List price reflects needed repairs. The detached two car garage has a lovely suite above it with an additional sleeping space, full bath, flex space and decking to enjoy the view. There is a large space under the garage that is currently being used as an art space. This has potential for use as a game or media room. This property works well as a primary home and also has the potential to be a successful income producing property.
Sold for $590,000
$590,000
317 Basswood, Banner Elk, NC 28604
3beds
1,952sqft
Single Family Residence
Built in 2000
1.24 Acres Lot
$795,500 Zestimate®
$302/sqft
$2,509 Estimated rent
Home value
$795,500
$716,000 - $883,000
$2,509/mo
Zestimate® history
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$3,978/mo
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Zillow last checked: 7 hours ago
Listing updated: August 28, 2023 at 09:34am
Listed by:
Lawson Fields 828-898-5022,
Premier Sotheby's International Realty- Banner Elk
Bought with:
Madison Biddix, 339910
Keller Williams High Country
Source: High Country AOR,MLS#: 243930
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Fireplace(s), Propane
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Features
- Furnished
- Windows: Double Pane Windows
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas, Vented, Propane
- Furnished: Yes
Interior area
- Total structure area: 1,974
- Total interior livable area: 1,952 sqft
- Finished area above ground: 1,952
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached, Garage, Two Car Garage, Paved, Private
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Multiple
- Exterior features: Paved Driveway
- Has view: Yes
- View description: Long Range, Mountain(s)
Lot
- Size: 1.24 Acres
Details
- Additional structures: Living Quarters
- Parcel number: 1878855925000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Roof: Asphalt,Shingle
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Septic Permit 3 Bedroom, Sewer Applied for Permit
- Water: Community/Coop
Community & neighborhood
Community
- Community features: Long Term Rental Allowed, Short Term Rental Allowed
Location
- Region: Banner Elk
- Subdivision: Sleepy Hollow
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $675 annually
Other
Other facts
- Listing terms: Cash,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2023 | Sold | $590,000-1.5%$302/sqft |
Source:  High Country AOR #243930 Report a problem | ||
| 8/6/2023 | Pending sale | $599,000$307/sqft |
Source: High Country AOR #243930 Report a problem | ||
| 7/31/2023 | Price change | $599,000-4.8%$307/sqft |
Source: High Country AOR #243930 Report a problem | ||
| 6/8/2023 | Listed for sale | $629,000-8.7%$322/sqft |
Source: High Country AOR #243930 Report a problem | ||
| 1/23/2023 | Listing removed | -- |
Source: High Country AOR #238928 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,783 | $728,300 |
| 2023 | $2,783 +0.8% | $728,300 |
| 2022 | $2,760 +12.1% | $728,300 +38.5% |
Find assessor info on the county website
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 3.9 mi
- 8/10Watauga HighGrades: 9-12Distance: 8.5 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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- North Carolina
- Watauga County
- Banner Elk
- 28604
- 317 Basswood