$593,500
SOLD FEB 28, 2025

1120 Horse Bottom Rd Banner Elk, NC 28604

3 Beds
2.5 Baths
1,250 Sq Ft
1 Acres

Recently Sold

$475 Per Sq Ft

12% Below List Price

246 Days on Market

Highlights

  • Horse Facilities
  • Vaulted Ceiling
  • No HOA
  • Banner Elk Elementary School Rated A-
  • Furnished
  • Porch

About This Home

As of February 2025

HUGE PRICE IMPROVEMENT! This beautiful 3/2 spacious ranch style home with over 1250 ft.² of living space in the main house and an additional 528 ft.² of living space in the converted garage to the game room with an additional half bath and laundry room. Property is situated on double lot (1 acre) in Banner Elk which is perfect for a horse. This home is currently in a vacation rental program and is being sold beautifully furnished. Modern features abound with the remote temperature controlled, remote security locks and video cameras this smart home has all the cool feature you need to manage your home away from home or come and make this your mountain getaway or full time residence. Minutes to all local ski resorts, golf courses, Hiking, concerts, theatre and fabulous high country dining. Ideal year round accessibility with multiple access roads from Banner Elk side and Valle Crucis. Come experience everything Banner Elk and the high country have to offer. Rental History is available upon request.

Last Agent to Sell the Property

Cary Dominguez

Realty One Group Results-Banne Brokerage Phone: (828) 278-7448 Listed on: 06/24/2024

Realty One Group Results-Banne

Last Buyer's Agent

Jeff Scott

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $955

Year Built

  • Built in 1990

Lot Details

  • 1 Acre Lot
  • Southern Exposure
  • Partially Fenced Property
  • Perimeter Fence

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • Crawl Space
  • Home Security System

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Banner Elk Elementary School
  • Avery Middle School
  • Avery County High School

Utilities

  • Central Air
  • Private Water Source
  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 1 & 2
  • Assessor Parcel Number 1869-03-41-4911-00000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$955

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1250.0
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 278-7448
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Vented, Wood Burning, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s), Window Treatments
  • Living Area: 1250.0
  • Stories: 1
  • Window Features: Window Treatments

Exterior Features

  • Fencing: Perimeter, Partial
  • View: Southern Exposure
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Fence, Horse Facilities
  • Patio And Porch Features: Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Other, See Remarks

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Security: Security System, Closed Circuit Camera(s)
  • Cooling: Central Air, Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Fireplace(s)
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 1869-03-41-4911-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 955.0
  • Tax Book Number: 561/84
  • Tax Lot: 1 & 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Feb 20, 2025
Sold by
Leyland Hills Llc
Bought by
Fletcher Marshall and Fletcher Ashley
Seller's Agent
Cary Dominguez
Realty One Group Results-Banne
Buyer's Agent
Jeff Scott
Keller Williams High Country
List Price
$675,999
Sold Price
$593,500
Premium/Discount to List
-$82,499
-12.2%
Views
75
Current Estimated Value
$528,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,181
Avg. Annual Appreciation
-14.08%
Original Mortgage
$303,500
Outstanding Balance
$302,504
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$246,799

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 28, 2021
Sold by
Taylor Russell George
Bought by
Leyland Hills Llc
Seller's Agent
Michelle Griffin
High Country Resort Properties
Buyer's Agent
Cary Dominguez
Realty One Group Results-Banne
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.94%
Source: Public Records

Similar Homes in the area

  • 2833 Pigeon Roost Rd, Banner Elk, NC 28604

    $549,000

    • 3 Beds
    • 2 Baths
    • 1,475 Sq Ft
    • 2833 Pigeon Roost Rd
    • Banner Elk, NC

    This beautifully furnished log cabin is the ideal mountain retreat, turnkey and ready for guests to enjoy! With three bedrooms and two full baths, this home offers ample space for relaxation and fun. As you enter the home, you'll be greeted by a stunning floor-to-ceiling stone gas fireplace, creating a cozy and inviting atmosphere. The open kitchen and dining area offer plenty of space and

    Amy Pepin Premier Sotheby's International Realty- Banner Elk

    Section Image
  • 88 Covered Bridge Rd, Banner Elk, NC 28604

    $518,000

    • 2 Beds
    • 2 Baths
    • 1,096 Sq Ft
    • 88 Covered Bridge Rd
    • Banner Elk, NC

    With a total of 2074 sq. ft. this beautifully updated and meticulously maintained cottage is located on the sunny south facing side of Beech Mountain just minutes from the Ski Beech, the Town of Beech Mountain, and the charming village of Banner Elk. The main entrance has a level entry. A lower drive offers level entry to all of the additional finished space downstairs. All of this contributes to

    Marsha McManus The Summit Group Of The Carolinas

    Section Image
  • 11 Cabin Cove Ln, Banner Elk, NC 28604

    $695,000

    • 3 Beds
    • 2 Baths
    • 1,904 Sq Ft
    • 11 Cabin Cove Ln
    • Banner Elk, NC

    Just four miles from the heart of Banner Elk, this fully furnished, turnkey three-bedroom, two-bath log cabin offers a blend of rustic charm and modern comfort. Set on a usable .50-acre parcel, the property backs to a large tract within the Elk River Club area, ensuring a serene and secluded setting with an abundance of natural beauty. Go inside and be greeted by warm wood finishes, vaulted

    Amy Pepin Premier Sotheby's International Realty- Banner Elk

    Section Image
  • 1697 Balm Hwy, Banner Elk, NC 28604

    $480,000

    • 4 Beds
    • 3 Baths
    • 2,864 Sq Ft
    • 1697 Balm Hwy
    • Banner Elk, NC

    1697 Balm Highway is a beautiful mountain retreat offering both privacy & stunning views. Situated on a 1.42-acre lot with breathtaking mountain vistas, this home features Shawneehaw Creek running along the back of the property, enhancing its tranquil atmosphere. The main level includes a gorgeous kitchen, perfect for everyday living & entertaining. Relax in the spacious sunroom, which is heated

    Jennifer Huffman Jeff Cook Real Estate LPT Realty

    Section Image
  • 208 Banner Glade Trail, Banner Elk, NC 28604

    $679,900

    • 2 Beds
    • 2.5 Baths
    • 1,054 Sq Ft
    • 208 Banner Glade Trail
    • Banner Elk, NC

    Discover mountain living at its finest in this 2-bedroom, 2.5-bath cottage located in the private, gated community of Elk Run in Banner Elk, NC. Designed with comfort and style in mind, and built by Wheels Contracting, the home features a vaulted tongue-and-groove ceiling over the open living area, a custom high-end kitchen, and two spacious king master suites! The home is being sold fully

    Brooke Dolen Elevate Land & Realty Banner Elk

    Section Image
  • 178 Buckeye Ln, Banner Elk, NC 28604

    $499,000

    • 3 Beds
    • 3 Baths
    • 2,500 Sq Ft
    • 178 Buckeye Ln
    • Banner Elk, NC

    This home was built by the Covingtons, one of the developers of Seven Devils. He picked out this beautiful lot with gorgeous views and flat entrance. 1.47 acres gives you room for additions. This home is perfect as a primary or second home and with work can be a show place. Seller disclosure on file. Updated Seller disclosure on file following inspection by engineer. Deck has to be replaced,

    Connie Baird Baird Investments Inc

    Section Image
  • 202 Cliffside Ln, Seven Devils, NC 28604

    $624,800

    • 4 Beds
    • 3 Baths
    • 2,842 Sq Ft
    • 202 Cliffside Ln
    • Seven Devils, NC

    Welcome to your beautiful mountain home in the charming resort town of Seven Devils. This home is ideally between Boone and Banner Elk – only 23 minutes to Kidd Brewer Stadium, but it feels as if it’s a world away. Return to nature with gorgeous sunrises, majestic wooded surroundings and mountain views of the top of Grandfather Mountain. Feel young and fresh in the months of summer, where cool

    Melinda Eggers Premier Sotheby's International Realty- Banner Elk

    Section Image
  • 625 E Old Turnpike Rd, Banner Elk, NC 28562

    $659,000

    • 7 Beds
    • 4.5 Baths
    • 3,841 Sq Ft
    • 625 E Old Turnpike Rd
    • Banner Elk, NC

    Spacious Family Retreat in the heart of Banner Elk! Ideally located just minutes from skiing, dining, hiking and all the High Country has to offer. Featuring 7 spacious bedrooms and 4.5 bathrooms, there's plenty of room for extended family and guests. Enjoy multiple living areas perfect for relaxing or entertaining. Enjoy the 2 beautiful stone fireplaces after a day on the slopes. Step onto

    Ally Long Lacey Realty

    Section Image
  • 233 Dugger Dr, Banner Elk, NC 28604

    $645,000

    • 3 Beds
    • 3.5 Baths
    • 2,275 Sq Ft
    • 233 Dugger Dr
    • Banner Elk, NC

    A Mountain Escape with Town CharmDiscover the best of both worlds in this beautifully renovated home, perfectly situated in the desirable Crooked Creek Subdivision. This home offers the rare convenience of being able to walk to Banner Elk Town Park from your front door. Designed for easy year-round living, the home features a fantastic open floor plan. The main level boasts two primary

    Richard Foster Ii Elk River Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $593,500 None Listed On Document
Warranty Deed $235,000 None Available
Warranty Deed $470 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $303,500 New Conventional
Previous Owner $143,000 Adjustable Rate Mortgage/ARM
Previous Owner $144,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $593,500 -4.3% $475 / Sq Ft
08/24/2024 08/24/24 Price Changed $620,000 -4.6% $496 / Sq Ft
07/18/2024 07/18/24 Price Changed $650,000 -3.8% $520 / Sq Ft
06/26/2024 06/26/24 For Sale $675,999 +187.7% $541 / Sq Ft
05/28/2021 05/28/21 Sold $235,000 0.0% $188 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $235,000 -- $188 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $841 $210,300 $36,000 $174,300
2023 $841 $210,300 $36,000 $174,300
2022 $0 $210,300 $36,000 $174,300
2021 $478 $86,900 $6,800 $80,100
2020 $478 $86,900 $6,800 $80,100
2019 $478 $86,900 $6,800 $80,100
2018 $478 $86,900 $6,800 $80,100
2017 $512 $93,100 $0 $0
2016 $416 $93,100 $0 $0
2015 $416 $93,100 $6,800 $86,000
2012 -- $112,900 $11,300 $101,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 250422

High Country Association of REALTORS®

APN: 1869-03-41-4911-00000