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For sale
  • $960,000

    500 Laurel Ridge Lane #B1, Banner Elk, NC 28604

    2beds
    1,569sqft
    : 
    $7,014/mo
    Get pre-qualified
    Condominium
    Built in 1986
    -- sqft lot
    $903,200 Zestimate®
    $612/sqft
    $1,178/mo HOA

    What's special

    Bright sun-filled living spacesBrand-new mounted flat-screen tvBrand-new energy-efficient windows
    Welcome to this impeccably updated 2-bedroom, 2-bathroom condo offering a seamless blend of luxury, comfort, and peace of mind. Sold completely furnished and tastefully decorated by a designer's eye, every detail of this home has been curated for effortless living. Step inside to bright, sun-filled living spaces framed by brand-new energy-efficient windows that showcase breathtaking vistas over the lush green fairways and surrounding mountain backdrop. Center stage in the open-concept main space is a warm and cozy living room gas fireplace, framed by a brand-new mounted flat-screen TV—creating the perfect focal point for relaxing or entertaining after a day on the course. Enjoy complete worry-free living with major mechanical upgrades already taken care of, including a brand-new HVAC system, new hot water heater, and a whole-house surge protection system safeguarding all electronics and appliances. The primary and guest suites offer comfortable, retreat-like accommodations, while the bathrooms feature stylish modern updates. Whether you are unwinding by the fire or relaxing on your private patio taking in the sunset over the peaks, this turn-key residence offers the ultimate resort-style lifestyle from day one!
    31 days
    278
    16

    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#: 264589MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • Electric, 1 Unit
      Appliances
      • Included: Built-In Oven, Dryer, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Wet Bar, Furnished
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: One, Gas, Stone, Vented
      • Furnished: Yes
      Interior area
      • Total structure area: 1,569
      • Total interior livable area: 1,569 sqft
      • Finished area above ground: 1,569
      • 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: 1848004743180000201
      • 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, Fishing, Golf, Gated, Pickleball, Pool, River, Airport/Runway, Skiing, Tennis Court(s), Trails/Paths
      • Security: 24 Hour Security
      • Subdivision: Elk River
      HOA
      • Has HOA: Yes
      • HOA fee: $14,136 annually
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $612/sqft
      • Tax assessed value: $543,100
      • Annual tax amount: $2,172
      • Date on market: 9/29/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved

        Estimated market value

        $903,200

        $858,000 - $948,000

        $3,103/mo

        Price history

        DateEventPrice
        9/29/2026Listed for sale$960,000+16.4%$612/sqft
        Source: High Country AOR #264589 Report a problem
        11/25/2025Sold$825,000+38.7%$526/sqft
        Source: Public Record Report a problem
        10/15/2021Sold$595,000$379/sqft
        Source: Public Record Report a problem
        8/10/2021Listed for sale$595,000$379/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,172 $543,100
        2024$2,172 $543,100
        2023$2,172 $543,100
        2022$2,172 +51.5%$543,100 +108.3%
        2021$1,434 $260,700
        2020$1,434 $260,700
        2019$1,434 $260,700
        2018$1,434 $260,700 -13.7%
        2017$1,434 +6.1%$302,200
        2016$1,351 $302,200
        2015$1,351 $302,200
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28604

        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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