$689,900

372 Silver Springs Dr Unit 20 Banner Elk, NC 28604

Estimated payment $4,105/month

Total Views 4,562
4 Beds
3 Baths
2,966 Sq Ft
$233 Price per Sq Ft

Highlights

  • Mountain View
  • Deck
  • 1 Car Attached Garage
  • Banner Elk Elementary School Rated A-
  • Front Porch
  • Laundry Room

About This Home

Welcome to your mountain retreat in the heart of Banner Elk! Nestled in a quiet, peaceful neighborhood at the base of Beech Mountain and just minutes from downtown, this 4-bedroom, 3-bathroom single-family home offers the perfect blend of privacy, comfort, and convenience.

As one of only two stand-alone homes in the community, you'll enjoy a unique sense of space and serenity — all while being close to skiing, dining, shopping, and year-round outdoor adventures.

Features include:

Stunning long-range mountain views

Spacious open-concept living and dining areas

4 generously sized bedrooms and 3 full bathrooms

Quiet community setting with very limited standalone homes

Prime location near Beech Mountain Resort, downtown Banner Elk, and hiking trails

Whether you’re looking for a full-time residence, vacation home, or rental investment, this rare property offers a little bit of everything — all in one of the High Country's most desirable locations.

Listing Agent

Carrie Russ

Western Piedmont Real Estate, LLC Brokerage Email: chrussrealestate@gmail.com License #358825 Listed on: 07/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 2005

Lot Details

  • Property is zoned Banner Elk, R-2

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Finished Basement

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property Management And Maintenance Services Association, Phone Number (828) 898-6421
  • Silver Springs Farm Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 184900800966

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,242

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Restrictions: Subdivision
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 232.60
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: chrussrealestate@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2966
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 480
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 480
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 2966
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Vented, Living Room
  • Living Area: 2966
  • Bedroom Main: 1
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Mountain(s)
  • Waterfront Features: None
  • Construction Type: Wood
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Natural Gas, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 900
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Property Management and Maintenance Services
  • Phone: 828-898-6421
  • Association: Yes
  • Association Email: PMMS.melinda@gmail.com

Association/Amenities

  • Association Annual Expense: 3600.00

Schools

  • Middle Or Junior School: Avery County
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 184900800966
  • Zoning: R-2
  • Plat Reference Section Pages: 38-332B
  • Additional Parcels: No
  • Zoning Specification: Banner Elk

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,242 $560,600 $50,000 $510,600
2022 $2,242 $560,600 $50,000 $510,600
2021 $1,647 $299,400 $33,000 $266,400
2020 $3,323 $299,400 $33,000 $266,400
2019 $3,323 $299,400 $33,000 $266,400
2018 $1,647 $299,400 $33,000 $266,400
2017 $3,133 $277,300 $0 $0
2016 $1,240 $277,300 $0 $0
2015 $1,240 $277,300 $30,000 $247,300
2012 -- $444,300 $75,000 $369,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 For Sale $689,900 -- $233 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Available
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4275590

Canopy MLS (Canopy Realtor® Association)

APN: 1849-00-80-0966-00000