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.
For sale
Price cut: $51K (11/20)
$399,000
529 Laurel Ridge Road, Banner Elk, NC 28604
3beds
1,442sqft
Est.:
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
- 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#: 258206
Originating 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
Estimated market value
$389,800
$370,000 - $409,000
$2,266/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Price change | $399,000-11.3%$277/sqft |
Source: | ||
| 10/24/2025 | Listed for sale | $450,000+28.6%$312/sqft |
Source: | ||
| 11/22/2024 | Sold | $350,000-12.3%$243/sqft |
Source: | ||
| 11/8/2024 | Pending sale | $399,000$277/sqft |
Source: | ||
| 9/18/2024 | Price change | $399,000-4.5%$277/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 4 mi
- 8/10Watauga HighGrades: 9-12Distance: 8.3 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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