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Sold for $725,000
  • $725,000

    500 Laurel Ridge Lane #B4, Banner Elk, NC 28604

    2beds
    1,497sqft
    Condominium
    Built in 1986
    -- sqft lot
    $767,700 Zestimate®
    $484/sqft
    $1,831 Estimated rent

    Home value

    $767,700

    $706,000 - $837,000

    $1,831/mo

    Zestimate® history
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    $17,046/mo

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    What's special

    Discover the ultimate mountain retreat at this exceptional two-bedroom, two-bath condominium in the coveted Elk River Club. Boasting breathtaking views and unparalleled access to amenities, this property offers a lifestyle of luxury and convenience. Perched amid the serene beauty of the Blue Ridge Mountains, this condominium captures the essence of mountain living while providing modern comfort. The open concept living space is bathed in natural light, thanks to large windows that frame panoramic vistas of the surrounding landscape, while a stone fireplace adds warmth and character. The gourmet kitchen is equipped with high-end appliances, granite countertops and ample storage. The primary bedroom suite offers a private sanctuary, complete with its updated en-suite bath and stunning vistas. The second bedroom is equally comfortable and well appointed, ensuring a comfortable haven for guests. Step onto the balcony to experience a connection with nature. Savor your morning coffee as the mist rises from the valleys, or relish in the tranquility of evenings under a starlit sky. The beauty of Elk River Club's landscape is at your doorstep, inviting you to explore the lush trails, enjoy a game of golf or take a dip in the club's pool. Convenience is key, and this condominium’s location strikes the perfect balance. Proximity to the club's amenities means you're just moments from leisure and entertainment. Whether it's a round of golf, a tennis match or a social event at the clubhouse, the options are endless. In summary, this two-bedroom, two-bath condominium in Elk River Club presents a rare opportunity to own a mountain haven with remarkable views and convenient access to top-tier amenities. Immerse yourself in the tranquility of the Blue Ridge Mountains, all while indulging in the comforts of a wonderful condominium designed for relaxation and leisure. *Elk River Club amenities are offered to members at an additional cost and separate from POA fees.

    Zillow last checked: 7 hours ago

    Listing updated: November 10, 2023 at 07:09am

    Listed by:

    Sarah Whitfield 828-898-5022,

    Premier Sotheby's International Realty- Banner Elk

    Bought with:

    Shannon Andrews, 190617

    Peak Real Estate Llc

    Source: High Country AOR,MLS#: 245517MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Attic, Window Treatments
    • Windows: Window Treatments
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: One, Gas, Stone, Vented
    Interior area
    • Total structure area: 1,497
    • Total interior livable area: 1,497 sqft
    • Finished area above ground: 1,497
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Community
    • Has view: Yes
    • View description: Golf Course, Mountain(s)
    Details
    • Parcel number: 1848004743180000204

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mountain
    • Property subtype: Condominium
    Materials
    • Wood Siding, Wood Frame
    • Roof: Shake,Wood
    Condition
    • Year built: 1986

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: 24 Hour Security
    Community
    • Community features: Club Membership Available, Clubhouse, Equestrian Community, Fitness Center, Golf, Pool, River, Tennis Court(s)
    Location
    • Region: Banner Elk
    • Subdivision: Elk River

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $13,043 annually

    Other

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

    Price history

    DateEventPrice
    11/9/2023Sold$725,000+7.4%$484/sqft
    Source: High Country AOR #245517 Report a problem
    9/6/2023Pending sale$675,000$451/sqft
    Source: High Country AOR #245517 Report a problem
    8/29/2023Listed for sale$675,000+18.4%$451/sqft
    Source: High Country AOR #245517 Report a problem
    7/9/2021Sold$570,000-0.9%$381/sqft
    Source: High Country AOR #230600 Report a problem
    6/30/2021Pending sale$575,000$384/sqft
    Source: Engel & Volkers #230600 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,166 $541,500
    2024$2,166 $541,500
    2023$2,166 $541,500

    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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