This charming cottage, crafted by Barnette Builders, offers outstanding value within a prestigious gated community. Thoughtfully designed, the unique floor plan maximizes every inch, while soaring vaulted tongue-and-groove ceilings create an open, airy feel well beyond its footprint. Expansive windows invite abundant natural light throughout the home. Offered furnished (with a few exclusions), each bedroom features its own private bath for added comfort and privacy.
The kitchen is well-appointed with Bosch appliances, a gas range, granite countertops, custom cabinetry, and built-in seating with hidden storage. Nestled in a private wooded setting, the home also includes a cozy fire pit area—perfect for relaxing evenings. Beneath the home, you’ll find a partially floored storage space ideal for additional needs. In 2025, a new electric hot water heater and whole-home filtration system were installed. The deck railing and front step handrails were refinished, and a driveway motion-activated flood light was added to the roof.
Located in Headwaters at Banner Elk, a luxury gated community in the Blue Ridge Mountains, this home sits conveniently near the entrance while maintaining a peaceful, secluded feel. A circular driveway allows easy access, and there is potential to add a garage. Residents enjoy six community parks, including a dog park, tennis court, two lakes, hiking trails, and a stunning mountaintop clubhouse featuring a theater, fitness center, game room, dining area, gourmet kitchen, and spacious gathering areas. Take in breathtaking long-range mountain views from the decks.
For sale
$699,000
485 Woodlake Loop Road, Elk Park, NC 28622
3beds
1,527sqft
Single Family Residence
Built in 2008
1.18 Acres Lot
$654,700 Zestimate®
$458/sqft
$300/mo HOA
What's special
- 38 days |
- 274 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Linda Cramblit (828)737-3100,
Blue Ridge Realty & Inv. - Banner Elk
Source: High Country AOR,MLS#: 261499
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Main Level
Features
- Attic, Cathedral Ceiling(s), Furnished, Vaulted Ceiling(s)
- Windows: Double Pane Windows, Screens
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: One, Gas, Stone
- Furnished: Yes
Interior area
- Total structure area: 1,460
- Total interior livable area: 1,527 sqft
- Finished area above ground: 1,527
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Other, Paved, Private, See Remarks
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Multiple, Open
- Exterior features: Fire Pit, Paved Driveway
- Has view: Yes
- View description: Mountain(s), Trees/Woods
- Waterfront features: Pond
Lot
- Size: 1.18 Acres
Details
- Parcel number: 1930000117880000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Mountain
- Property subtype: Single Family Residence
Materials
- Cedar, Hardboard, Masonry, Stone, Stone Veneer, Wood Frame
- Roof: Asphalt,Shingle
Condition
- Year built: 2008
Utilities & green energy
- Sewer: Private Sewer, Septic Permit 3 Bedroom
- Water: Shared Well
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Gated, Lake, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
- Subdivision: Headwaters At Banner Elk
HOA
- Has HOA: Yes
- HOA fee: $3,600 annually
Location
- Region: Elk Park
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $415,200
- Annual tax amount: $1,660
- Date on market: 5/18/2026
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Estimated market value
$654,700
$622,000 - $687,000
$2,296/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $699,000+84%$458/sqft |
Source:  High Country AOR #261499 Report a problem | ||
| 5/24/2019 | Sold | $379,900-2.6%$249/sqft |
Source: High Country AOR #212727 Report a problem | ||
| 4/4/2019 | Pending sale | $389,900$255/sqft |
Source: Blue Ridge Realty & Inv. - Banner Elk #212727 Report a problem | ||
| 3/29/2019 | Price change | $389,900+0.2%$255/sqft |
Source: Blue Ridge Realty & Inv. - Banner Elk #212727 Report a problem | ||
| 5/16/2018 | Listed for sale | $389,000+21.6%$255/sqft |
Source: Blue Ridge Realty & Inv. - Banner Elk #205797 Report a problem | ||
| 5/18/2009 | Sold | $320,000$210/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,661 | $415,200 |
| 2024 | $1,661 | $415,200 |
| 2023 | $1,661 | $415,200 |
| 2022 | $1,661 -4% | $415,200 +32% |
| 2021 | $1,730 | $314,500 |
| 2020 | $1,730 | $314,500 |
| 2019 | $1,730 | $314,500 |
| 2018 | $1,730 | $314,500 +7.3% |
| 2017 | $1,730 +32% | $293,100 |
| 2016 | $1,311 | $293,100 |
| 2015 | $1,311 | $293,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: 28622
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Freedom Trail Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 5/10Cranberry Middle SchoolGrades: 6-8Distance: 3.3 mi
- 3/10Avery County High SchoolGrades: 9-12Distance: 8.7 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Avery County
- Elk Park
- 28622
- 485 Woodlake Loop Road
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