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Sold for $268,500
  • $268,500

    140 Trout Pond Lane, Banner Elk, NC 28604

    1beds
    688sqft
    Single Family Residence
    Built in 1977
    2,613 Square Feet Lot
    $272,100 Zestimate®
    $390/sqft
    $1,264 Estimated rent

    Home value

    $272,100

    $256,000 - $288,000

    $1,264/mo

    Zestimate® history
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    What's special

    Welcome to this charming cottage, nestled in the Mill Ridge community and surrounded by the breathtaking natural beauty of the mountains. The house has been recently updated and tastefully decorated, offering a comfortable and convenient living experience in the High Country. Rustic mountain charm blends nicely with modern comforts, featuring white-washed hemlock walls and ceilings. After a day of adventure, relax by the fireplace in the spacious living room. The roomy bedroom has ample storage space, with a full bathroom just off the laundry area. An additional sleeping area filled with sunlight is just off the living room. Step outside onto the porch and enjoy the stunning views of the lush green fields, multiple ponds, and creeks. The Watauga River is within sight of the porch, providing an excellent spot for fishing or playing in the water on a hot day. This property is easily accessible year-round and is a unique find in the area. Short-term and long-term rentals are permitted, making it an excellent option for vacation or student rentals as it near Sugar Mountain and Appalachian State University. The Mill Ridge community offers hiking trails, an outdoor pool during summer months, tennis courts, river access, a clubhouse, onsite garbage and recycling, and road maintenance. Mill Ridge is also centrally located between Boone and Banner Elk. Take a tour of this adorable home today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Stelling (828)208-2094,

    EXP Realty LLC

    Bought with:

    Lacie Holbrook, 312922

    Realty One Group Results-Boone

    Source: High Country AOR,MLS#: 249560MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Ductless, Electric, Fireplace(s)
    Cooling
    • Ductless
    Appliances
    • Included: Dryer, Electric Cooktop, Exhaust Fan, Freezer, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Furnished, Skylights
    • Windows: Skylight(s)
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Masonry, Wood Burning
    • Furnished: Yes
    Interior area
    • Total structure area: 688
    • Total interior livable area: 688 sqft
    • Finished area above ground: 688
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Open
    • Pool features: Community
    • Waterfront features: Pond
    Lot
    • Size: 2,613 Square Feet
    Details
    • Parcel number: 1878962636000
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Roof: Metal
    Condition
    • Year built: 1977

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Clubhouse, Fishing, Pickleball, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: Mill Ridge
    HOA
    • Has HOA: Yes
    • HOA fee: $165 monthly
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $390/sqft
    • Tax assessed value: $173,500
    • Annual tax amount: $741
    • Date on market: 5/10/2024
    • Listing terms: Cash,Conventional,FHA,New Loan,USDA Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/18/2024Sold$268,500-2.2%$390/sqft
    Source: High Country AOR #249560 Report a problem
    6/10/2024Contingent$274,500$399/sqft
    Source: High Country AOR #249560 Report a problem
    5/10/2024Listed for sale$274,500+128.8%$399/sqft
    Source: High Country AOR #249560 Report a problem
    3/9/2021Listing removed--
    Source: Owner Report a problem
    5/3/2019Sold$120,000+1.3%$174/sqft
    Source: Public Record Report a problem
    3/10/2019Listed for sale$118,500+27.4%$172/sqft
    Source: Owner Report a problem
    8/21/2015Sold$93,000+12%$135/sqft
    Source: High Country AOR #189964 Report a problem
    4/6/2005Sold$83,000$121/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $173,500
    2024-- $173,500
    2023$741 +3.2%$173,500
    2022$718 +31.2%$173,500 +68.1%
    2021$548 $103,200
    2020$548 $103,200
    2019$548 $103,200
    2018$548 +10.4%$103,200
    2017$496 +9.1%$103,200 +11.7%
    2013$455 $92,400 +5.1%
    2012-- $87,900
    2011-- $87,900
    2010-- $87,900
    Find assessor info on the county website

    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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    $272,100
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    +$5,442
    With Zillow Showcase(estimated)
    $277,542