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For sale
  • Price cut: $40K (6/27)
    $1,549,000

    229 Cardinal Court, Banner Elk, NC 28604

    4beds
    3,922sqft
    : 
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    Single Family Residence
    Built in 1985
    1.19 Acres Lot
    $1,459,000 Zestimate®
    $395/sqft
    $542/mo HOA

    What's special

    Adjoining office spaceLocally milled hardwood floorsWet barSpacious laundry roomCedar storage closetScreened-in porchWarm and inviting atmosphere
    Located within the prestigious Elk River Club, 229 Cardinal Court offers refined mountain living paired with exceptional club amenities and numerous upgrades throughout the home. Locally milled hardwood floors and new carpet run through the main living areas, creating a warm and inviting atmosphere designed for both everyday living and entertaining. The kitchen has been thoughtfully updated with custom cabinets, quartz countertops, a 16-function double oven, 5-burner downdraft gas stove, oversized pantry, and wet bar, offering both function and style. Just off the kitchen you’ll find a spacious laundry room and convenient access to the attached one-car garage with additional room for a golf cart. The outdoor deck extends the entertaining space that features a screened-in porch, built-in gas grill, and gas fireplace perfect for enjoying the cool mountain air and peaceful surroundings. The primary suite offers a private retreat with an adjoining office space, a two-sided walk-in closet, cedar storage closet, and an updated bathroom featuring a step-in tiled shower and Jacuzzi tub. Upstairs includes two additional bedrooms and an updated bathroom providing plenty of room for family and guests. The lower level provides endless flexibility with generous space for a game room, additional sleeping area, or home gym. Several major improvements have already been completed including a new roof (2022) (synthetic cedar shake with a 50 year transferable warranty to the new owner) gutters and windows (2023), two tankless hot water heaters, retaining wall, and updated furnace/heat pump. Ownership in Elk River Club offers access to one of the High Country’s most sought-after private communities featuring a Jack Nicklaus signature Golf Course, state of the art equestrian center, private airport, along with clubhouse dining, tennis, fitness center, swimming pool, and scenic walking trails along the Elk River all within a secure gated setting just minutes from Banner Elk.
    103 days
    |
    823
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Sorrow (704)467-3214,

    Realty One Group Results-Banne

    Source: High Country AOR,MLS#: 260626MLS LogoOriginating MLS: High Country Association of Realtors Inc.

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Electric, Forced Air, Fireplace(s), Propane
      Cooling
      • Heat Pump, 2 Units
      Appliances
      • Included: Double Oven, Dryer, Gas Cooktop, Microwave Hood Fan, Microwave, Refrigerator
      • Laundry: Washer Hookup, Dryer Hookup, Main Level
      Features
      • Wet Bar
      • Basement: Full,Finished
      • Has fireplace: Yes
      • Fireplace features: Gas, Outside, Propane
      Interior area
      • Total structure area: 4,130
      • Total interior livable area: 3,922 sqft
      • Finished area above ground: 2,768
      • Finished area below ground: 1,154
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, One Car Garage
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Screened
      • Exterior features: Outdoor Grill
      Lot
      • Size: 1.19 Acres
      Details
      • Parcel number: 18480067566000000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Foundation: Basement
      • Roof: Shake,Wood
      Condition
      • Year built: 1985

      Utilities & green energy

      • Sewer: Septic Permit Unavailable
      • Water: Community/Coop

      Community & HOA

      Community
      • Features: Club Membership Available, Clubhouse, Dog Park, Equestrian Community, Fitness Center, Golf, Gated, Pickleball, River, Airport/Runway, Tennis Court(s)
      • Security: 24 Hour Security
      • Subdivision: Elk River
      HOA
      • Has HOA: Yes
      • HOA fee: $6,505 annually
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $395/sqft
      • Tax assessed value: $522,200
      • Annual tax amount: $2,089
      • Date on market: 3/24/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved

        Estimated market value

        $1,459,000

        $1.39M - $1.53M

        $4,484/mo

        Price history

        DateEventPrice
        6/27/2026Price change$1,549,000-2.5%$395/sqft
        Source: High Country AOR #260626 Report a problem
        3/24/2026Listed for sale$1,589,000+249.2%$405/sqft
        Source: High Country AOR #260626 Report a problem
        11/17/2020Sold$455,000-8.5%$116/sqft
        Source: High Country AOR #207723 Report a problem
        9/29/2020Pending sale$497,000$127/sqft
        Source: Allen Tate Realtors Boone #207723 Report a problem
        7/22/2019Price change$497,000-5.3%$127/sqft
        Source: Blowing Rock Investment Properties #207723 Report a problem
        7/9/2019Price change$525,000-10.9%$134/sqft
        Source: Blowing Rock Investment Properties #207723 Report a problem
        6/18/2018Listed for sale$589,000$150/sqft
        Source: Blowing Rock Investment Properties #207723 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,089 $522,200
        2024$2,089 $522,200
        2023$2,089 $522,200
        2022$2,089 -9%$522,200 +25.1%
        2021$2,296 $417,500
        2020$2,296 $417,500
        2019$2,296 $417,500
        2018$2,296 $417,500 -18.3%
        2017$2,296 +0.4%$511,300
        2016$2,287 $511,300
        2015$2,287 $511,300

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28604

        Getting around

        4 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        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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