This is your opportunity to own a custome log home in the tranquil Falling Waters community, nestled near the charming Valle Crucis community. This custom-built log home is currently under construction, allowing you to personalize it and make it your own mountain paradise. Year-round living: As a primary residence, enjoy the beauty of the mountains and create a haven you can call your own.Family retreat: Imagine cozy nights by the fireplace and adventures in the surrounding nature.
Income potential: Looking for an investment? This cabin's prime location and rustic charm make it a great opporunity for short-term rentals. At this stage in construction, you could choose many of the finishes, transforming this house into your dream mountain escape.
Sold for $1,000,000
$1,000,000
358 Falling Waters Way, Banner Elk, NC 28604
4beds
3,200sqft
Single Family Residence
Built in 2024
2.5 Acres Lot
$996,500 Zestimate®
$313/sqft
$4,693 Estimated rent
Home value
$996,500
$837,000 - $1.19M
$4,693/mo
Zestimate® history
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Owner options
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$4,693/mo
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Learn more$4,693/mo
Rent Zestimate®
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$5,550/mo
Est. payment
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See today's rates$5,550/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 31, 2025 at 02:10pm
Listed by:
Amy Douglas 828-295-7337,
Howard Hanna Allen Tate Real Estate Blowing Rock,
Heather Heape 828-260-8179,
Howard Hanna Allen Tate Real Estate Blowing Rock
Bought with:
Brian Smith, 223408
Blowing Rock Real Estate, LLC
Source: High Country AOR,MLS#: 250405
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Electric, Forced Air, Fireplace(s), Heat Pump, Propane, Zoned
Cooling
- Central Air, Heat Pump, 2 Units, Zoned
Appliances
- Included: Dishwasher, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Features
- Cathedral Ceiling(s), Vaulted Ceiling(s)
- Windows: Double Pane Windows
- Basement: Full,Finished,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Two, Gas, Stone, Propane
Interior area
- Total structure area: 3,263
- Total interior livable area: 3,200 sqft
- Finished area above ground: 2,098
- Finished area below ground: 1,102
Property
Parking
- Parking features: Driveway, Gravel, No Garage, Private
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Multiple, Screened, Wrap Around
- Exterior features: Fire Pit, Gravel Driveway
- Has view: Yes
- View description: Seasonal View, Trees/Woods
Lot
- Size: 2.50 Acres
Details
- Parcel number: 1879317794000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log Home,Mountain
- Property subtype: Single Family Residence
Materials
- Log
- Foundation: Basement
- Roof: Architectural,Shingle
Condition
- Year built: 2024
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: High Speed Internet Available, Septic Available
Community & neighborhood
Community
- Community features: Long Term Rental Allowed, Short Term Rental Allowed
Location
- Region: Banner Elk
- Subdivision: Falling Waters
Other
Other facts
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $1,000,000-13%$313/sqft |
Source:  High Country AOR #250405 Report a problem | ||
| 8/8/2024 | Contingent | $1,150,000$359/sqft |
Source: High Country AOR #250405 Report a problem | ||
| 6/27/2024 | Listed for sale | $1,150,000-11.5%$359/sqft |
Source: High Country AOR #250405 Report a problem | ||
| 6/4/2024 | Listing removed | -- |
Source: High Country AOR #243872 Report a problem | ||
| 6/4/2023 | Listed for sale | $1,300,000$406/sqft |
Source: High Country AOR #243872 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,835 +220% | $742,400 +208.4% |
| 2023 | $886 +158.8% | $240,700 +158.8% |
| 2022 | $342 -18.8% | $93,000 |
Find assessor info on the county website
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 3.1 mi
- 8/10Watauga HighGrades: 9-12Distance: 8.9 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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- North Carolina
- Watauga County
- Banner Elk
- 28604
- 358 Falling Waters Way