$1,950,000

373 Laurel Ridge Ln Unit 4 Banner Elk, NC 28604

Estimated payment $12,409/month

Total Views 7,444
5 Beds
5 Baths
4,667 Sq Ft
$418 Price per Sq Ft

Highlights

  • Airport or Runway
  • Golf Course Community
  • Fitness Center
  • Banner Elk Elementary School Rated A-
  • Equestrian Center
  • 24-Hour Security

About This Home

Mountain Oasis in Desirable Laurel Village Location.
This charming cottage in Laurel Village offers the best of both worlds: the spaciousness of a single-family home with the convenience of condo living. Featuring a two-story floor plan with 5 bedrooms and 5 bathrooms, a grand living room featuring a cathedral ceiling and a stunning rock fireplace. Custom kitchen perfect for any chef, open-concept living and dining area ideal for entertaining. The primary suite is a haven for starting your day with inspiring mountain views. The lower level features 2 private guest suites surrounding a central family room and additional bedroom/office. Expansive decks (covered and open) are perfect for enjoying the mountain air and Elk River valley golf course view. Two-car attached garage with additional space for a golf cart make this the perfect Elk River home. This mountain oasis is all about quality and elegance. Don't miss your chance on this dream home!

Listing Agent

Richard Foster Ii

Elk River Realty Brokerage Phone: 828-898-9777 Listed on: 08/05/2024

Co-Listing Agent

Kylie Clark

Elk River Realty Brokerage Phone: 828-898-9777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 1998

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $1,260 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Shared Driveway

Property Views

  • Golf Course
  • Mountain
  • Seasonal

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator

Additional Features

  • Covered patio or porch
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 1848-01-37-6218-00000

Community Details

Overview

  • Elk River Subdivision

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,426

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,260 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 464
  • Co List Office Phone: 828-898-9777
  • Subdivision Name: Elk River
  • Above Grade Finished Sq Ft: 2205.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-898-9777
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2462.0
  • Fireplace Features: Two, Gas, Stone, Vented, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 4667.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Golf Course, Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Other, See Remarks
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Paved, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Security: 24 Hour Security
  • Cooling: Central Air, Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Equestrian Community, Fitness Center, Golf, Gated, Pool, Airport/Runway, Tennis Court(s)
  • Association Fee: 15115.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1848-01-37-6218-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3426.01
  • Tax Book Number: 542/530

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
2023 $3,426 $856,500 $130,000 $726,500
2022 $3,426 $856,500 $130,000 $726,500
2021 $4,737 $861,200 $100,000 $761,200
2020 $4,737 $861,200 $100,000 $761,200
2019 $4,737 $861,200 $100,000 $761,200
2018 $4,737 $861,200 $100,000 $761,200
2017 $4,927 $895,800 $0 $0
2016 $4,006 $895,800 $0 $0
2015 $4,006 $895,800 $100,000 $795,800
2012 -- $1,194,800 $50,000 $1,144,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 For Sale $1,950,000 -- $418 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $85,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $15,356 Credit Line Revolving
Previous Owner $1,000,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: High Country Association of REALTORS®

MLS Number: 251013

High Country Association of REALTORS®

APN: 1848-01-37-6218-00000