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Sold for $646,000
  • $646,000

    316 Crest Hill, Banner Elk, NC 28604

    2beds
    2,011sqft
    Single Family Residence
    Built in 1955
    2 Acres Lot
    $641,100 Zestimate®
    $321/sqft
    $2,166 Estimated rent

    Home value

    $641,100

    $545,000 - $756,000

    $2,166/mo

    Zestimate® history
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    What's special

    Mountain laurelsStunning long-range mountain viewsBrand-new two-story deckTiled glass showerVersatile flex spaceOversized two-car garageFlat tree-lined yard
    Tucked away on 2 acres with stunning, long-range mountain views, this Banner Elk home pairs scenic beauty with everyday comfort—just minutes to town and Lees-McRae College. In addition to the 2BR/2BA main home, you’ll find a standalone cottage perfect for hosting guests, an art studio, yoga space, or quiet retreat. The beautifully updated kitchen is the heart of the home, featuring generous cabinetry, pantry storage, and a dedicated corner for your coffee bar or baking station. The living room is warm and welcoming, with a wood-burning stove and a cozy window seat that perfectly frames the sweeping mountain views. Just outside, the brand-new two-story deck invites you to relax, dine, entertain, or simply take it all in—sunrises, starry skies, and everything in between. A versatile flex space on the main level serves well as an office, playroom, or reading nook. You’ll also find a custom-tiled full bath and bonus room on this floor. A spacious laundry/mudroom connects directly to the oversized two-car garage, adding functionality and convenience. Upstairs, the primary suite is a peaceful retreat with its own seating area, upper deck access, and spa-like bath with soaking tub and tiled glass shower. A generous walk-in closet adds both luxury and functionality to the suite. One additional bedroom and bonus room complete the upper level, along with a large floored attic offering bonus storage. Outside, the flat, tree-lined yard is filled with native rhododendrons and mountain laurels, creating a peaceful setting with space to roam and play. Located just over the Watauga County line in the coveted Valle Crucis School district—with a brand-new school opening this fall—this mountain home checks all the boxes. Whether you're looking for a full-time residence or a high-performing short-term rental, this property delivers mountain living at its best. Wastewater from lower-level shower, kitchen sink & washer is treated as grey water and does not drain into the existing septic system. A permit was not pulled for the deck replacement.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nikki Rezvani (828)773-7845,

    Keller Williams High Country

    Bought with:

    NONMLS MEMBER, 800273

    NONMLS

    Source: High Country AOR,MLS#: 255081MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Kerosene, Wood Stove
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave
    • Laundry: Washer Hookup, Dryer Hookup, Main Level
    Features
    • Attic
    • Windows: Casement Window(s), Double Hung, Double Pane Windows, Wood Frames
    • Attic: Floored
    • Has fireplace: Yes
    • Fireplace features: Stone
    Interior area
    • Total structure area: 2,011
    • Total interior livable area: 2,011 sqft
    • Finished area above ground: 2,011
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Attached, Driveway, Garage, Two Car Garage, Oversized
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Multiple, Open
    • Exterior features: Storage
    • Has view: Yes
    • View description: Long Range, Mountain(s), Pasture
    Lot
    • Size: 2 Acres
    Details
    • Additional structures: Guest House, Living Quarters
    • Parcel number: 1869539672000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman,Mountain
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Wood Siding, Wood Frame
    • Foundation: Slab
    • Roof: Architectural,Shingle
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: Septic Permit Unavailable
    • Water: Private, Well
    • Utilities for property: High Speed Internet Available

    Community & HOA

    Community
    • Features: Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $321/sqft
    • Tax assessed value: $390,700
    • Annual tax amount: $1,540
    • Date on market: 5/16/2025
    • Listing terms: Cash,Conventional,FHA,New Loan,USDA Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/28/2025Sold$646,000-7.6%$321/sqft
    Source: High Country AOR #255081 Report a problem
    6/7/2025Contingent$699,000$348/sqft
    Source: High Country AOR #255081 Report a problem
    5/16/2025Listed for sale$699,000-3.6%$348/sqft
    Source: High Country AOR #255081 Report a problem
    7/1/2024Listing removed--
    Source: High Country AOR #248664 Report a problem
    3/27/2024Listed for sale$725,000$361/sqft
    Source: High Country AOR #248664 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $390,700
    2024$1,541 $390,700
    2023$1,541 +1.5%$390,700
    2022$1,518 +33.9%$390,700 +68%
    2021$1,133 $232,500
    2020$1,133 $232,500
    2019$1,133 $232,500
    2018$1,133 +11.4%$232,500
    2017$1,017 +10.1%$232,500 +1.3%
    2013$924 $229,600
    2012-- $229,600
    2011-- $229,600
    2010-- $229,600
    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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    $641,100
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    With Zillow Showcase(estimated)
    $653,922