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For sale
    • Price cut: $20K (8/11)
    $679,000

    485 Woodlake Loop Road, Elk Park, NC 28622

    3beds
    1,527sqft
    : 
    $4,154/mo
    Get pre-qualified
    Single Family Residence
    Built in 2008
    1.18 Acres Lot
    $644,900 Zestimate®
    $445/sqft
    $300/mo HOA

    What's special

    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.
    85 days
    |
    295
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Cramblit (828)737-3100,

    Blue Ridge Realty & Inv. - Banner Elk

    Source: High Country AOR,MLS#: 261499MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      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: $445/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

        $644,900

        $613,000 - $677,000

        $2,409/mo

        Price history

        DateEventPrice
        8/11/2026Price change$679,000-2.9%$445/sqft
        Source: High Country AOR #261499 Report a problem
        5/18/2026Listed for sale$699,000+84%$458/sqft
        Source: High Country AOR #261499 Report a problem
        5/24/2019Sold$379,900-2.6%$249/sqft
        Source: High Country AOR #212727 Report a problem
        4/4/2019Pending sale$389,900$255/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #212727 Report a problem
        3/29/2019Price change$389,900+0.2%$255/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #212727 Report a problem
        5/16/2018Listed for sale$389,000+21.6%$255/sqft
        Source: Blue Ridge Realty & Inv. - Banner Elk #205797 Report a problem
        5/18/2009Sold$320,000$210/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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-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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