Delightful two-story duplex on the river, 2 bedroom 2 full baths in our peaceful community. Centrally located between Boone and Banner Elk on Hwy 105 in Foscoe, 11 minutes to ASU in Boone.
Two ponds in front, the Watauga River off the new rear deck, a picnic pavillion and large grassy areas make this an enjoyable place to live. Wood beams in the kitchen and the large wood floored loft add to the decor. The stone fireplace with gas logs accents the great room. Easy year round access to the neighborhood; no hilly or gravel roads.
Spectrum cable & internet plus water & sewer and washer & dryer are included.
Security deposit may be split into three payments.
The home is in the midst of renovation, inside and out.
Minimum 9 month lease; Tenant is responsible for electricity and propane, along with lawn maintenance. Home is being renovated inside and out; available about Sept 1, 2025.
Sold for $220,000
$220,000
248 The Ponds Rd #B, Banner Elk, NC 28604
2beds
1,181sqft
Townhouse
Built in ----
-- sqft lot
$252,200 Zestimate®
$186/sqft
$1,678 Estimated rent
Home value
$252,200
$227,000 - $282,000
$1,678/mo
Zestimate® history
Owner options
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$1,353/mo
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List your homeWhat's special
Two ponds in frontLarge grassy areas
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Window Unit
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Hardwood, Tile
Interior area
- Total interior livable area: 1,181 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Exterior features: Electricity not included in rent, Heating system: Baseboard
Details
- Parcel number: 1888065586000
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Community & HOA
Community
- Deposit fee: $2,000
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $180,300
- Date on market: 8/29/2025
- Date available: 09/01/2025
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Listing removed | $1,850$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2025 | Price change | $1,850-5.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2025 | Price change | $1,950-2.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2025 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/31/2024 | Sold | $220,000-12%$186/sqft |
Source: Public Record Report a problem | ||
| 8/23/2021 | Sold | $250,000+0.4%$212/sqft |
Source: | ||
| 7/27/2021 | Contingent | $249,000$211/sqft |
Source: | ||
| 7/26/2021 | Listed for sale | $249,000+39.1%$211/sqft |
Source: | ||
| 3/29/2012 | Listing removed | $179,000$152/sqft |
Source: The Summit Group of the Carolinas #168708 Report a problem | ||
| 3/16/2012 | Listed for sale | $179,000$152/sqft |
Source: The Summit Group of the Carolinas #168708 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $180,300 |
| 2024 | $766 | $180,300 |
| 2023 | $766 +3.1% | $180,300 |
| 2022 | $744 -12.4% | $180,300 +6.2% |
| 2021 | $849 | $169,800 |
| 2020 | $849 | $169,800 |
| 2019 | -- | $169,800 |
| 2018 | -- | $169,800 |
| 2017 | $764 +9.8% | $169,800 +5.2% |
| 2013 | $696 | $161,400 |
| 2012 | -- | $161,400 |
| 2011 | -- | $161,400 |
| 2010 | -- | $161,400 |
Find assessor info on the county website
Neighborhood: 28604
Nearby homes
- $300,3002 bd2 ba1k sqft262A The Ponds Rd, Banner Elk, NC 28604Off Market

- $316,2002 bd2 ba1k sqft248 The Ponds Rd #A, Banner Elk, NC 28604Off Market
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- $408,0002 bd2 ba1.9k sqft224 The Ponds Rd, Banner Elk, NC 28604Off Market
- $321,9002 bd2 ba1k sqft262 The Ponds Rd #B, Banner Elk, NC 28604Off Market
- $313,4002 bd2 ba1.2k sqft262 The Ponds Rd #A, Banner Elk, NC 28604Off Market
- $256,1002 bd2 ba1k sqft262 The Ponds Rd, Banner Elk, NC 28604Off Market
- $406,9002 bd2 ba1.3k sqft272 The Ponds Rd, Banner Elk, NC 28604Off Market
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 8.3 mi
- 8/10Watauga HighGrades: 9-12Distance: 8.2 mi
Sell for more on Zillow
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$252,200
2% more
+$5,044
With Zillow Showcase(estimated)
$257,244
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$252,200
2% more
+$5,044
With Zillow Showcase(estimated)
$257,244