For sale

$247,500

201 South Slope Road #N-3, Banner Elk, NC 28604

2beds

1,153sqft

$1,724/mo

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Condominium

Built in 1985

-- sqft lot

$230,600 Zestimate^®

$215/sqft

$252/mo HOA

What's special

Take a look at this great investment opportunity, conventiently located between Banner Elk and Boone. This unit has had some updates done - new hot water heater less than a year old, downstairs bathroom has new flooring and vanity, to include a Touch Mirror, new garbage disposal installed, large windows in the living area have been tinted, custom closet systems installed, mini split installed in entry level bedroom, new ceiling fan upstairs. Upgrades done by previous owner in 2021 include new kitchen cabinets and granite countertops, new refrigerator and dishwasher, new carpeting in both bedrooms, luxury vinyl plank smartcore in foyer and kitchen and living room, new vanity in upstairs bathroom. Short Term Rentals are prohibited...6 month minimum rental.

147 days

234

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Electric

Cooling

Ductless, Other, See Remarks

Appliances

Included: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Laundry: Washer Hookup, Dryer Hookup, Main Level

Features

Cathedral Ceiling(s)
Number of fireplaces: 1
Fireplace features: One, Masonry

Interior area

Total structure area: 1,148
Total interior livable area: 1,153 sqft
Finished area above ground: 1,153
Finished area below ground: 0

Property

Parking

Parking features: No Garage

Features

Levels: Two
Stories: 2

Details

Parcel number: 1878976536003

Construction

Type & style

Home type: Condo
Architectural style: Mountain
Property subtype: Condominium

Materials

Wood Siding, Wood Frame
Foundation: Slab
Roof: Asphalt,Shingle

Condition

Year built: 1985

Utilities & green energy

Sewer: Community/Coop Sewer
Water: Community/Coop

Community & HOA

Community

Features: Long Term Rental Allowed
Subdivision: South Slope

HOA

Has HOA: Yes
HOA fee: $252 monthly

Location

Region: Banner Elk

Financial & listing details

Price per square foot: $215/sqft
Annual tax amount: $755
Date on market: 3/4/2026
Listing terms: Cash,Conventional,FHA,New Loan,VA Loan
Road surface type: Paved

Estimated market value

$230,600

$219,000 - $242,000

$1,806/mo

Price history

Date	Event	Price
3/5/2026	Listed for sale	$247,500-13%$215/sqft
Source: High Country AOR #260167 Report a problem
3/12/2025	Listing removed	$284,500$247/sqft
Source: High Country AOR #253749 Report a problem
2/21/2025	Listed for sale	$284,500$247/sqft
Source: High Country AOR #253749 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 28604

Getting around

18 / 100

Car-Dependent

6 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Valle Crucis Elementary
Grades: PK-8Distance: 8.3 mi
8/10
Watauga High
Grades: 9-12Distance: 8.2 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.