235 Old Reece Rd Banner Elk, NC 28604
3
Beds
2.5
Baths
1,904
Sq Ft
1.52
Acres
Highlights
- Spa
- 1.52 Acre Lot
- Furnished
- Valle Crucis Elementary School Rated A-
- Vaulted Ceiling
- No HOA
About This Home
As of June 2025This idyllic log cabin offers everything you’ve been dreaming of in a mountain getaway. Nestled beside a rushing creek, you’ll love spending summer mornings sipping coffee on the front porch listening to the water flowing peacefully nearby. Spend your afternoons exploring the original Mast General Store, casting a line in the Watauga River, or taking a hike at Crab Orchard Falls, all within a couple miles of your cabin. As you step into this gorgeous cabin you will be wowed by the stunning stacked stone fireplace inviting you to cozy up for an evening by the fire. The kitchen features beautiful cabinetry and stone accents that add to the rustic mountain vibe. The ideal floorplan has a large primary bedroom on the main level, plus its own en suite bath complete with a gorgeous tiled walk in shower. Upstairs you will find a generous loft, two spacious bedrooms and a large bath with another tiled walk in shower. Step outside and discover your own personal oasis. Enjoy a dip in the hot tub, grill with friends, or simply unwind on the front porch and enjoy the refreshing cool mountain air. There’s ample parking for multiple vehicles, and even space to add a detached garage if desired. When it’s time to explore, you’ll love being just a short drive from Boone, Blowing Rock, or Banner Elk, each offering their own unique dining and shopping experiences and charm. Enjoy hiking along the Blue Ridge Parkway or in the nearby Linville Gorge, skiing at Sugar and Beech Mountains, and taking in the vibrant year round festivals and activities that make this region so special. Whether you're looking for your own getaway or a proven rental investment, Bears Creek delivers. This home has a strong rental history through Blue Ridge Mountain Rentals, with plenty of room to grow. Creekside cabins in the heart of Valle Crucis are a rare find, and this one is truly a gem. Don’t miss this opportunity to own your own little piece of High Country paradise!
Last Agent to Sell the Property
Keller Williams High Country Brokerage Phone: (828) 406-6067 Listed on: 04/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,610
Year Built
- Built in 2005
Lot Details
- 1.52 Acre Lot
- Home fronts a stream
- Property fronts a private road
Home Design
- Log Cabin
- Metal Roof
- Log Siding
Interior Spaces
- 1,904 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Crawl Space
Kitchen
- Gas Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- No Garage
- Private Parking
- Gravel Driveway
Outdoor Features
- Spa
- Covered patio or porch
Schools
- Valle Crucis Elementary School
- Watauga High School
Utilities
- Cooling Available
- Heat Pump System
- Private Water Source
- Well
- Septic Tank
- Septic System
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1889-69-1105-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
May 22, 2025
Sold by
Mayjor Llc
Bought by
Franklins Of New Bern Llc
Seller's Agent
Bobbie Jo Mccachren
Keller Williams High Country
Buyer's Agent
Glo Kearns
RE/MAX Realty Group
List Price
$725,000
Sold Price
$719,000
Premium/Discount to List
-$6,000
-0.83%
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.52%
Original Mortgage
$360,000
Outstanding Balance
$360,000
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$406,786
Purchase Details
Closed on
Jan 20, 2022
Sold by
Gustavo And Deborah Sapiurka Family Revo
Bought by
Mayjor Llc
Purchase Details
Listed on
Sep 12, 2018
Closed on
Sep 12, 2018
Sold by
Haag James R and Brillhart Julia
Bought by
Sapiurka Gustavo and Sapiurka Deborah
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Bobbie Jo Mccachren
Keller Williams High Country
List Price
$500,000
Sold Price
$500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Purchase Details
Closed on
Nov 12, 2012
Sold by
Myers Robin B
Bought by
Haag James R and Brillhart Julia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Similar Homes in Banner Elk, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $719,000 | None Listed On Document | |
| Warranty Deed | $719,000 | None Listed On Document | |
| Warranty Deed | $312,500 | Moffatt & Moffatt Pllc | |
| Warranty Deed | $500,000 | None Available | |
| Warranty Deed | $410,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | Credit Line Revolving | |
| Closed | $360,000 | Credit Line Revolving | |
| Previous Owner | $369,000 | New Conventional | |
| Previous Owner | $169,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $719,000 | -0.8% | $378 / Sq Ft |
| 05/21/2025 05/21/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $725,000 | +45.0% | $381 / Sq Ft |
| 09/14/2018 09/14/18 | Sold | $500,000 | 0.0% | $263 / Sq Ft |
| 09/12/2018 09/12/18 | For Sale | $500,000 | -- | $263 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $2,610 | $681,300 | $49,200 | $632,100 |
| 2023 | $2,587 | $681,300 | $49,200 | $632,100 |
| 2022 | $2,587 | $681,300 | $49,200 | $632,100 |
| 2021 | $1,723 | $362,700 | $45,200 | $317,500 |
| 2020 | $1,723 | $362,700 | $45,200 | $317,500 |
| 2019 | $1,723 | $362,700 | $45,200 | $317,500 |
| 2018 | $1,542 | $362,700 | $45,200 | $317,500 |
| 2017 | $1,542 | $362,700 | $45,200 | $317,500 |
| 2013 | -- | $343,800 | $45,200 | $298,600 |
Source: Public Records
Agents Affiliated with this Home
-
Bobbie Jo Mccachren
Seller's Agent in 2025
Bobbie Jo Mccachren
Keller Williams High Country
(828) 406-6067
21 in this area
127 Total Sales
-
Ross McCachren
R
Seller Co-Listing Agent in 2025
Ross McCachren
Keller Williams High Country
(828) 406-5730
2 in this area
2 Total Sales
-
Glo Kearns
Buyer's Agent in 2025
Glo Kearns
RE/MAX
(828) 268-8184
15 in this area
156 Total Sales
-
Linda Cramblit
Seller's Agent in 2018
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
(828) 737-3100
83 in this area
199 Total Sales
-
Tracy Simms
Seller Co-Listing Agent in 2018
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
(828) 898-7229
55 in this area
275 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 254432
APN: 1889-69-1105-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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