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Sold for $375,000
  • $375,000

    5484 Nc Highway 194, Banner Elk, NC 28604

    2beds
    1,078sqft
    Single Family Residence
    Built in 1968
    2.02 Acres Lot
    $405,500 Zestimate®
    $348/sqft
    $1,700 Estimated rent

    Home value

    $405,500

    $381,000 - $430,000

    $1,700/mo

    Zestimate® history
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    $2,198/mo

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    What's special

    Bonus roomTurn key vacation homeDetached garageGame roomWonderful full time residenceSpacious garageLight fixtures
    Adorable cottage with no restrictions in the heart of historic Valle Crucis that is currently a vacation rental but would also make a wonderful full time residence, long term rental or easy / turn key vacation home. Located less than half a mile from the Valle Crucis Conference Center and beautiful Crab Orchard Falls and less than 2 miles to the Original Mast General Store and Valle Crucis Park. This home features a spacious living area, updated kitchen, 2 bedrooms and 1 fantastic bathroom upstairs with a bonus room/ game room and laundry downstairs. This cottage has had a major renovation! (See attached list of updates). These updates were all done 2022-2024 to include electrical, septic tank, flooring, paint, bathroom, doors, furnishings, kitchen quartz, appliances, light fixtures and more! In addition to the cottage you will find a spacious garage with power. Property comes completely furnished with the exception of the kitchen table, 2 chairs and the contents of the detached garage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Long (828)386-6047,

    828 Real Estate

    Bought with:

    Ruth Walker, 307347

    Keller Williams High Country

    Source: High Country AOR,MLS#: 250154MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric, Heat Pump
    Cooling
    • 1 Unit
    Appliances
    • Included: Dryer, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Furnished
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: One
    • Furnished: Yes
    Interior area
    • Total structure area: 1,078
    • Total interior livable area: 1,078 sqft
    • Finished area above ground: 810
    • Finished area below ground: 268

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage, One Car Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Out Building(s)
    Lot
    • Size: 2.02 Acres
    Details
    • Additional structures: Outbuilding
    • Parcel number: 1970418216000
    • Horse amenities: Horses Allowed

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Basement
    • Roof: Metal
    Condition
    • Year built: 1968

    Utilities & green energy

    • Sewer: Septic Permit 2 Bedroom
    • 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: No
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $348/sqft
    • Tax assessed value: $165,800
    • Annual tax amount: $710
    • Date on market: 6/6/2024
    • Listing terms: Cash,Conventional,FHA,New Loan,USDA Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/15/2024Sold$375,000$348/sqft
    Source: High Country AOR #250154 Report a problem
    6/9/2024Contingent$375,000$348/sqft
    Source: High Country AOR #250154 Report a problem
    6/6/2024Listed for sale$375,000+27.1%$348/sqft
    Source: High Country AOR #250154 Report a problem
    8/12/2022Sold$295,000+3.5%$274/sqft
    Source: High Country AOR #238474 Report a problem
    8/12/2022Pending sale$285,000$264/sqft
    Source: RE/MAX International #238474 Report a problem
    8/12/2022Listing removed--
    Source: RE/MAX International Report a problem
    7/3/2022Pending sale$285,000$264/sqft
    Source: RE/MAX International #238474 Report a problem
    7/3/2022Contingent$285,000$264/sqft
    Source: High Country AOR #238474 Report a problem
    6/29/2022Listed for sale$285,000$264/sqft
    Source: High Country AOR #238474 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $165,800 +0.4%
    2024$711 $165,200
    2023$711 +6.3%$165,200 +3.3%
    2022$668 +21.3%$159,900 +53.8%
    2021$551 $104,000
    2020$551 $104,000
    2019$551 $104,000
    2018$551 +10.4%$104,000
    2017$499 +9.1%$104,000 +15%
    2013$458 $90,400
    2012-- $90,400
    2011-- $90,400
    2010-- $90,400
    Find assessor info on the county website

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Valle Crucis
    • High: Watauga

    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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    $405,500
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    With Zillow Showcase(estimated)
    $413,610