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For sale
  • Price cut: $51K (11/20)
    $399,000

    529 Laurel Ridge Road, Banner Elk, NC 28604

    3beds
    1,442sqft
    : 
    Single Family Residence
    Built in 1986
    0.36 Acres Lot
    $389,800 Zestimate®
    $277/sqft
    $175/mo HOA

    What's special

    Thoughtful layoutNatural lightLarge covered decksLarge paved drivewayStorybook exteriorLandscaped gardensWhimsical exterior
    Welcome to 529 Laurel Ridge Road, an enchanting fully furnished Gingerbread Cottage tucked within the desirable Mill Ridge community of Banner Elk. From the moment you arrive, the charm of this property is undeniable with a storybook exterior. Intricate trim, window boxes, and whimsical architectural details create warmth and character, making this residence feel as though it was pulled from the pages of a fairytale. Inside, the main level was designed with comfort and function in mind, featuring an open concept living space anchored by a cozy rock fireplace with gas logs. Wood tones, natural light, and thoughtful layout invite both quiet evenings and lively gatherings. The kitchen offers a gas convection range, stainless appliances, granite countertops, and ample cabinetry, making it perfect for daily meals or entertaining. Two generously sized bedrooms and a full laundry area are also located on the main floor, allowing for one level living. Outdoor living is equally delightful with large covered decks that extend the living space, providing the perfect setting for coffee, reading, or dining. The lower level adds versatility allowing it to serve as a separate living area, ideal for guests, extended family, or rental potential. This level can also function as a den, media space, or studio, adapting to many lifestyles. Heating and cooling are provided by efficient ductless mini split systems in the main living spaces. Beyond the main house, the property includes an additional heated building that expands the living potential and can be customized as a media room, game room, workshop, art studio, or hobby space. A large paved driveway provides ample parking for both residents and guests, while the design allows for easy one level living on the main floor. A rare one car garage adds practicality, offering storage for vehicles or seasonal gear. Ownership of the lots directly across the street is included, ensuring the wooded surroundings remain intact and preserving privacy and tranquility. Mill Ridge is a community celebrated for its blend of natural beauty and amenities, with residents enjoying a pool, tennis courts, greenways, and the Watauga River, which offers fishing, tubing, and the sound of rushing water. These amenities foster a strong sense of community while enhancing the lifestyle Mill Ridge provides. Located just minutes from Boone, Sugar Mountain, and Blowing Rock, 529 Laurel Ridge Road offers easy access to skiing, hiking, dining, shopping, wineries, and events, making it an excellent choice as a full time residence, second home, or vacation rental with strong potential. Every detail of this cottage speaks to its unique blend of charm and practicality, from the whimsical exterior and landscaped gardens to the versatile living spaces and convenient location. This property invites you to experience the perfect balance of comfort and character. Whether you are seeking a quiet retreat, a welcoming space for family and friends, or a home with income producing potential, this cottage delivers. Life in Mill Ridge is about more than just a home, it is about embracing the beauty of the High Country, enjoying community amenities, and creating memories in a place that feels timeless and special.
    47 days
    |
    2,660
    |
    107
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 08, 2025 at 01:28pm

    Listed by:

    Jules Blaylock 336-909-3743,

    Elevate Land & Realty Banner Elk,

    Allison Schoen 704-577-0939,

    Elevate Land & Realty Banner Elk

    Source: High Country AOR,MLS#: 258206MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Ductless, Electric
    Cooling
    • Ductless, Electric, 2 Units
    Appliances
    • Included: Dryer, Dishwasher, Exhaust Fan, Gas Range, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Furnished
    • Basement: Full,Finished,Walk-Out Access
    • Has fireplace: Yes
    • Fireplace features: Gas, Stone
    • Furnished: Yes
    Interior area
    • Total structure area: 1,442
    • Total interior livable area: 1,442 sqft
    • Finished area above ground: 878
    • Finished area below ground: 564

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement, Driveway, Garage, One Car Garage, Paved, Private
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Multiple
    • Exterior features: Out Building(s), Paved Driveway
    • Pool features: Community
    Lot
    • Size: 0.36 Acres
    Details
    • Additional structures: Outbuilding
    • Parcel number: 1888053604000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Chalet/Alpine,Cottage,Mountain
    • Property subtype: Single Family Residence
    Materials
    • Masonry, Wood Siding, Wood Frame
    • Foundation: Basement
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Community/Coop Sewer
    • Water: Community/Coop
    • Utilities for property: High Speed Internet Available

    Community & HOA

    Community
    • Features: Clubhouse, Pool, River
    • Subdivision: Mill Ridge
    HOA
    • Has HOA: Yes
    • HOA fee: $175 monthly
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $310,200
    • Annual tax amount: $986
    • Date on market: 10/24/2025
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $389,800

    $370,000 - $409,000

    $2,266/mo

    Price history

    Price history
    DateEventPrice
    11/20/2025Price change$399,000-11.3%$277/sqft
    Source: High Country AOR #258206 Report a problem
    10/24/2025Listed for sale$450,000+28.6%$312/sqft
    Source: High Country AOR #258206 Report a problem
    11/22/2024Sold$350,000-12.3%$243/sqft
    Source: High Country AOR #246607 Report a problem
    11/8/2024Pending sale$399,000$277/sqft
    Source: High Country AOR #246607 Report a problem
    9/18/2024Price change$399,000-4.5%$277/sqft
    Source: High Country AOR #246607 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$1,244 $310,200
    2023$1,244 +1.9%$310,200
    2022$1,222 +36.9%$310,200 +73%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,380/mo
    Principal & interest
    $1929
    HOA Fees
    $175
    Other costs
    $276

      Climate risks

      Neighborhood: 28604

      Nearby schools

      GreatSchools rating
      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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