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For sale
  • $850,000

    500 Laurel Ridge Lane #A3, Banner Elk, NC 28604

    2beds
    1,481sqft
    : 
    $6,398/mo
    Get pre-qualified
    Condominium
    Built in 1986
    -- sqft lot
    $798,800 Zestimate®
    $574/sqft
    $1,231/mo HOA

    What's special

    Breathtaking mountain viewsElegant hardwood flooringWell-appointed private bathStylish pass-through windowSpacious guest bedroomSun-drenched great roomMajestic floor-to-ceiling rock fireplace
    Perched on the top floor of the prestigious Laurel Ridge, this sophisticated condominium offers an unparalleled mountain lifestyle and serves as the ultimate golf getaway. Ideally situated moments from the exclusive Elk River Club amenities, the residence captures the essence of refined high-country living through elegant hardwood flooring and a sun-drenched great room anchored by a majestic floor-to-ceiling rock fireplace. For those who enjoy entertaining, the kitchen features a stylish pass-through window that connects to the expansive living and dining area, maintaining a sense of privacy while staying engaged with guests. The thoughtful floor plan leads to a serene primary sanctuary with a well-appointed private bath, while a spacious guest bedroom is complemented by a centrally located full bath that serves as both a guest bathroom and a convenient powder room. The experience is completed by a covered porch that showcases breathtaking mountain views, accessible through private entries from both the primary bedroom and the main living area.
    35 days
    130
    11

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Foster 828-898-9777,

    Elk River Realty,

    Kylie Clark 828-387-0222,

    Elk River Realty

    Source: High Country AOR,MLS#: 264509MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
      • Laundry: Washer Hookup, Dryer Hookup, Main Level
      Features
      • Pull Down Attic Stairs
      • Basement: Crawl Space
      • Attic: Pull Down Stairs
      • Number of fireplaces: 1
      • Fireplace features: One, Stone, Wood Burning
      Interior area
      • Total structure area: 1,481
      • Total interior livable area: 1,481 sqft
      • Finished area above ground: 1,481
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, Paved, Shared Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Pool features: Community
      • Has view: Yes
      • View description: Golf Course, Mountain(s)
      • Waterfront features: Pond
      Lot
      • Size: 1 Acres
      Details
      • Parcel number: 1848004743180000103
      • Zoning description: Multi-Family,Residential

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Condominium
      Materials
      • Stone, Wood Siding, Wood Frame
      • Roof: Shake,Wood
      Condition
      • Year built: 1986

      Utilities & green energy

      • Sewer: Community/Coop Sewer
      • Water: Community/Coop
      • Utilities for property: Cable Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Clubhouse, Dog Park, Equestrian Community, Fitness Center, Golf, Gated, Pickleball, Pool, River, Airport/Runway, Tennis Court(s), Trails/Paths
      • Security: 24 Hour Security
      • Subdivision: Elk River
      HOA
      • Has HOA: Yes
      • HOA fee: $14,775 annually
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $574/sqft
      • Tax assessed value: $283,200
      • Annual tax amount: $1,132
      • Date on market: 9/22/2026
      • Listing terms: Cash,New Loan
      • Road surface type: Paved

        Estimated market value

        $798,800

        $759,000 - $839,000

        $2,833/mo

        Price history

        DateEventPrice
        9/24/2026Listed for sale$850,000$574/sqft
        Source: High Country AOR #264509 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,133 $283,200
        2024$1,133 $283,200
        2023$1,133 $283,200
        2022$1,133 -31.5%$283,200 -5.8%
        2021$1,654 $300,700
        2020$1,654 $300,700
        2019$1,654 $300,700
        2018$1,654 $300,700 -8.1%
        2017$1,654 +13%$327,200
        2016$1,463 $327,200
        2015$1,463 $327,200
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28604

        Getting around

        3 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Banner Elk
        • 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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