Sold for $450,000
$450,000
491 Old Mountain Road, Banner Elk, NC 28604
1beds
836sqft
Single Family Residence
Built in 1985
10 Acres Lot
$379,600 Zestimate®
$538/sqft
$1,302 Estimated rent
Home value
$379,600
$319,000 - $444,000
$1,302/mo
Zestimate® history
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Owner options
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What's special
Peace and tranquility abound at this adorable Banner Elk cottage on 10 acres. Ideally located between Banner Elk, Boone and Valle Crucis. Perfect family getaway or turn this property into a multi-home retreat. Multiple homesites with views. Perfect for a tiny home community. ATV trails transverse the property and wildlife is abundant. This home could be easily expanded by finishing the basement/garage. Multiple upgrades to the home have been made, and owners have made $33K as an Airbnb.
Zillow last checked: 8 hours ago
Listing updated: April 15, 2024 at 08:26am
Listed by:
Susan Repko (828)429-7011,
Premier Sotheby's Int'l Realty
Bought with:
Jennifer McCord, 350869
Keller Williams High Country
Source: High Country AOR,MLS#: 248172
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Ductless, Kerosene, Wood Stove
Cooling
- None
Appliances
- Included: Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
- Laundry: In Basement
Features
- Furnished
- Basement: Exterior Entry,Full,Unfinished
- Has fireplace: Yes
- Fireplace features: Free Standing, Wood Burning
- Furnished: Yes
Interior area
- Total structure area: 1,672
- Total interior livable area: 836 sqft
- Finished area above ground: 836
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Garage, One Car Garage, Gravel, Private
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open
- Exterior features: Fire Pit, Gravel Driveway
- Has view: Yes
- View description: Long Range, Mountain(s), Trees/Woods
- Waterfront features: Creek, Stream
Lot
- Size: 10 Acres
Details
- Parcel number: 1951901395
- Horse amenities: Horses Allowed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Architectural,Shingle
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Septic Permit Unavailable, Septic Tank
- Water: Private, Well
- Utilities for property: Septic Available
Community & neighborhood
Community
- Community features: Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
Location
- Region: Banner Elk
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,New Loan,VA Loan
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2024 | Sold | $450,000+3.4%$538/sqft |
Source: | ||
| 3/13/2024 | Contingent | $435,000$520/sqft |
Source: | ||
| 3/6/2024 | Listed for sale | $435,000+1640%$520/sqft |
Source: | ||
| 11/8/2019 | Sold | $25,000-28.6%$30/sqft |
Source: | ||
| 10/9/2019 | Pending sale | $35,000$42/sqft |
Source: Real Living Carolina Property #217642 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $763 | $179,400 |
| 2023 | $763 +2.8% | $179,400 -0.3% |
| 2022 | $742 +26.3% | $179,900 +60.6% |
Find assessor info on the county website
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 4.1 mi
- 8/10Watauga HighGrades: 9-12Distance: 11.1 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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