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For sale
  • Price cut: $20K (7/20)
    $457,000

    386 Fall Creek Meadows Lane, Elk Park, NC 28622

    2beds
    1,012sqft
    : 
    $2,677/mo
    Get pre-qualified
    Single Family Residence
    Built in 1995
    1.11 Acres Lot
    $435,600 Zestimate®
    $452/sqft
    $83/mo HOA

    What's special

    Covered wraparound porchesNumerous recent updatesBeautiful oak flooringInviting one-level floor planWarm tongue-and-groove walls
    1.11 picturesque acres, this charming mountain retreat offers a rare blend of character, versatility, and opportunity. The property features a welcoming main residence, a detached 251-square-foot guest cottage, and a truly remarkable historic barn rich in Appalachian heritage. The main home features an inviting one-level floor plan accented by warm tongue-and-groove walls, beautiful oak flooring, and numerous recent updates. Within the past year, the home has received a new hot water heater, refrigerator, dishwasher, and stove, adding both convenience and value. A spacious driveway provides ample parking, while a few personal touches could easily transform this property into the mountain getaway you've been dreaming of. Outdoor living is a highlight, with covered wraparound porches and an expansive deck offering the perfect setting to relax and enjoy the beauty of the surrounding mountains throughout the year. The existing hot tub will be removed if it is not operational, creating an ideal opportunity to install a new spa and unwind beneath the stars on cool mountain evenings. The detached one-bedroom, one-bath guest cottage adds exceptional flexibility and could serve as a private guest suite, vacation rental, home office, artist's studio, or personal retreat. The Barn was originally constructed in the early 1900s from durable locust and black walnut timbers, the barn carries a fascinating history. After being displaced during a flood in 1938, it was carefully preserved and relocated to its current setting in the 1980s. Showcasing exceptional craftsmanship and timeless character, the barn offers approximately 431 square feet on the main level and an additional 268 square feet upstairs, providing endless possibilities for storage, hobbies, a workshop, studio, or creative retreat. Planned improvements include a new metal roof, replacement doors, and fresh exterior paint as part of the contractor's scope of work. Conveniently located less than 15 minutes from downtown Banner Elk, and just a short drive to Lees-McRae College and Beech Mountain Resort, this unique property combines mountain charm, privacy, history, and endless potential in one exceptional offering.
    54 days
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    303
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Cramblit (828)737-3100,

    Blue Ridge Realty & Inv. - Banner Elk

    Source: High Country AOR,MLS#: 261455MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Ductless, Electric, Fireplace(s), Kerosene
      Cooling
      • Ductless
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Gas Water Heater, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Furnished
      • Windows: Double Pane Windows
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: One, Free Standing, Propane
      • Furnished: Yes
      Interior area
      • Total structure area: 1,012
      • Total interior livable area: 1,012 sqft
      • Finished area above ground: 1,012
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway, Gravel, No Garage, Private
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Multiple, Open, Screened, Wrap Around
      • Exterior features: Gravel Driveway
      • Has view: Yes
      • View description: Long Range, Mountain(s), Seasonal View
      Lot
      • Size: 1.11 Acres
      Details
      • Additional structures: Barn(s), Guest House, Living Quarters
      • Parcel number: 19300000845100000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Cedar, Wood Siding, Wood Frame
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1995

      Utilities & green energy

      • Sewer: Private Sewer
      • 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: Yes
      • HOA fee: $1,000 annually
      Location
      • Region: Elk Park

      Financial & listing details

      • Price per square foot: $452/sqft
      • Tax assessed value: $209,800
      • Annual tax amount: $839
      • Date on market: 6/9/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved

        Estimated market value

        $435,600

        $414,000 - $457,000

        $1,728/mo

        Price history

        DateEventPrice
        7/20/2026Price change$457,000-4.2%$452/sqft
        Source: High Country AOR #261455 Report a problem
        7/6/2026Price change$477,000-4.6%$471/sqft
        Source: High Country AOR #261455 Report a problem
        6/9/2026Listed for sale$499,900+44.9%$494/sqft
        Source: High Country AOR #261455 Report a problem
        12/22/2025Listing removed$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        7/11/2025Listed for rent$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        10/18/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/19/2023Listed for rent$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        4/21/2023Sold$345,000+124%$341/sqft
        Source: Public Record Report a problem
        6/17/2010Sold$154,000$152/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$839 $209,800
        2024$839 $209,800
        2023$839 $209,800
        2022$839 -0.1%$209,800 +37.3%
        2021$840 $152,800
        2020$840 $152,800
        2019$840 $152,800
        2018$840 $152,800 +9.4%
        2017$840 +34.5%$139,700
        2016$625 $139,700
        2015$625 $139,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 28622

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Freedom Trail
        • 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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