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For sale
    • Price cut: $15K (2/9)
    $635,000

    118 Paupers Ridge Lane, Banner Elk, NC 28604

    3beds
    2,299sqft
    : 
    Single Family Residence
    Built in 2003
    0.77 Acres Lot
    $-- Zestimate®
    $276/sqft
    $-- HOA

    What's special

    Inviting wraparound porchLow-entry showerCovered carportSpacious primary suiteOutdoor fireplaceJacuzzi tub
    On a knoll overlooking Sugar Mountain and the valley below, this traditional three-bedroom, 3.5 bath home offers a blend of comfort and convenience. The inviting wraparound porch is ideal for soaking in the mountain views, while the outdoor fireplace creates a cozy space to gather with family and friends year-round. The main level offers one-level living capability with a few steps in from the covered carport to the kitchen, dining and living room. The spacious primary suite has a jacuzzi tub, low-entry shower and two closets. Upstairs there are two bedrooms and a full bath, and the unfinished basement also has a full bath. Additionally, there are 400 square feet finished above the carport for an office, home gym or whatever your needs may be. Conveniently just minutes from local amenities, this home offers easy access to dining, shopping and outdoor activities, making it an ideal retreat for year-round living and weekend getaways. The driveway has been regraded and graveled.
    409 days
    |
    1,205
    |
    48
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: February 09, 2026 at 01:10pm

    Listed by:

    Melinda Eggers (828)387-5376,

    Premier Sotheby's International Realty- Banner Elk

    Source: High Country AOR,MLS#: 253479MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Propane
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Electric Range, Refrigerator
      • Laundry: Washer Hookup, Dryer Hookup, Main Level
      Features
      • Basement: Full,Unfinished,Walk-Out Access
      • Number of fireplaces: 1
      • Fireplace features: One, Gas, Vented, Outside
      Interior area
      • Total structure area: 3,702
      • Total interior livable area: 2,299 sqft
      • Finished area above ground: 2,299
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Asphalt, Carport, Driveway, Gravel, Other, Shared Driveway, See Remarks
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Open, Wrap Around
      • Exterior features: Storage
      • Has view: Yes
      • View description: Long Range, Mountain(s), Ski Area
      Lot
      • Size: 0.77 Acres
      Details
      • Additional structures: Shed(s)
      • Parcel number: 18681701348500000
      • Zoning description: M-U

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modular/Prefab,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Modular/Prefab, Vinyl Siding
      • Foundation: Basement
      • Roof: Architectural,Shingle
      Condition
      • Year built: 2003

      Utilities & green energy

      • Sewer: Septic Permit 3 Bedroom
      • Water: Private, Well

      Community & HOA

      Community
      • Features: Long Term Rental Allowed, Short Term Rental Allowed
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $276/sqft
      • Tax assessed value: $277,800
      • Annual tax amount: $1,111
      • Date on market: 2/4/2025
      • Listing terms: Cash,Conventional,FHA,New Loan,USDA Loan
      • Road surface type: Gravel
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/9/2026Price change$635,000-2.3%$276/sqft
        Source: High Country AOR #253479 Report a problem
        12/29/2025Price change$650,000-2.3%$283/sqft
        Source: High Country AOR #253479 Report a problem
        11/3/2025Price change$665,000-4.3%$289/sqft
        Source: High Country AOR #253479 Report a problem
        9/26/2025Price change$695,000-4.1%$302/sqft
        Source: High Country AOR #253479 Report a problem
        8/25/2025Price change$725,000-3.3%$315/sqft
        Source: High Country AOR #253479 Report a problem
        6/12/2025Price change$750,000-6.1%$326/sqft
        Source: High Country AOR #253479 Report a problem
        3/17/2025Price change$799,000-5.4%$348/sqft
        Source: High Country AOR #253479 Report a problem
        2/4/2025Listed for sale$845,000-0.6%$368/sqft
        Source: High Country AOR #253479 Report a problem
        1/18/2025Listing removed$850,000$370/sqft
        Source: Canopy MLS as distributed by MLS GRID #4162509 Report a problem
        8/27/2024Price change$850,000-2.9%$370/sqft
        Source: High Country AOR #251026 Report a problem
        7/18/2024Listed for sale$875,000$381/sqft
        Source: High Country AOR #251026 Report a problem
        6/21/2024Listing removed--
        Source: Owner Report a problem
        5/21/2024Price change$875,000-10.3%$381/sqft
        Source: Owner Report a problem
        5/5/2024Price change$975,000-2.5%$424/sqft
        Source: Owner Report a problem
        3/16/2024Listed for sale$999,950$435/sqft
        Source: Owner Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,111 $277,800
        2024$1,111 $277,800
        2023$1,111 $277,800
        2022$1,111 -19.5%$277,800 +10.7%
        2021$1,381 $251,000
        2020$1,381 $251,000
        2019$1,381 $251,000
        2018$1,381 $251,000 -3.4%
        2017$1,381 +18.9%$259,700
        2016$1,161 $259,700
        2015$1,161 $259,700

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,297/mo
        Principal & interest
        $3080
        Property taxes
        $217
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          Climate risks

          Neighborhood: 28604

          Getting around

          24 / 100
          Car-Dependent
          6 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Banner Elk
          • Middle: Avery
          • 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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