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Sold for $1,132,000 on 08/11/23
  • $1,132,000

    522 Running Bear Circle, Banner Elk, NC 28604

    4beds
    2,721sqft
    Single Family Residence
    Built in 2023
    0.25 Acres Lot
    $1,245,100 Zestimate®
    $416/sqft
    $5,078 Estimated rent

    Home value

    $1,245,100

    $1.16M - $1.34M

    $5,078/mo

    Zestimate® history
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    $6,568/mo

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    What's special

    We are excited to introduce a stunning new construction home! This 4/3.5 meticulously crafted mountain cottage is located in the beautiful community of Bear Run which is centrally located in Banner Elk. The home has been thoughtfully designed with every detail in mind to ensure a seamless blend of functionality, elegance, and comfort. You will be greeted with a spacious living room w/ a vaulted ceiling and gas log stone fireplace that creates a cozy and inviting ambiance. The kitchen features contrasting dove white easy close cabinets and black granite countertops. This is all brought together with a large island centerpiece creating a functional workspace and a statement piece. Be sure to notice the high-end appliances. The first floor also includes an expansive primary suite with en-suite bath, large walk-in closets, a double vanity and a stunning tiled shower, two guest bedrooms on the opp. side of the house and an oversized two car garage w/ level entry into the home. Upstairs there's a lg. bedroom with a private bath. Outside, the landscaping blends seamlessly with the natural beauty of Banner Elk and provides a tranquil backdrop for outdoor activities and relaxation.

    Zillow last checked: 8 hours ago

    Listing updated: August 13, 2023 at 09:20am

    Listed by:

    Marsha McManus 828-898-3500,

    The Summit Group Of The Carolinas,

    James Canterbury 828-260-5528,

    The Summit Group Of The Carolinas

    Bought with:

    Margaret Holder, 316600

    Keller Williams High Country

    Source: High Country AOR,MLS#: 243681MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Fireplace(s), Gas
    Cooling
    • Central Air, Gas, Zoned
    Appliances
    • Included: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Heater
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Attic, Vaulted Ceiling(s)
    • Windows: Double Pane Windows
    • Basement: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: One, Vented, Gas
    Interior area
    • Total structure area: 3,620
    • Total interior livable area: 2,721 sqft
    • Finished area above ground: 2,721
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Attached, Driveway, Garage, Two Car Garage, Oversized
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Composite
    • Exterior features: Storage
    • Has view: Yes
    • View description: Mountain(s), Residential
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 18581045258600000
    • Zoning description: R1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,Mountain
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Basement
    • Roof: Asphalt,Metal,Shingle
    Condition
    • Year built: 2023
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, High Speed Internet Available

    Community & neighborhood

    Community
    • Community features: Long Term Rental Allowed
    Location
    • Region: Banner Elk
    • Subdivision: Bear Run

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $150 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/11/2023Sold$1,132,000-5.6%$416/sqft
    Source: High Country AOR #243681
    7/18/2023Contingent$1,199,000$441/sqft
    Source: High Country AOR #243681
    6/19/2023Price change$1,199,000-4.1%$441/sqft
    Source: High Country AOR #243681
    5/26/2023Listed for sale$1,250,000$459/sqft
    Source: High Country AOR #243681

    Public tax history

    YearProperty taxesTax assessment
    2024$3,887 +200.5%$971,800 +200.5%
    2023$1,294 +200.8%$323,400 +546.8%
    2022$430 -22.5%$50,000

    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    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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