$1,350,000
SOLD JAN 10, 2025

485 New River Lake Dr Blowing Rock, NC 28605

6 Beds
6.5 Baths
4,772 Sq Ft
1.06 Acres

Recently Sold

$283 Per Sq Ft

744% Above List Price

203 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Community Lake
  • Blowing Rock Elementary School Rated A
  • Lake Privileges
  • Contemporary Architecture

About This Home

As of January 2025

Spacious, contemporay mountain home overlooking New River Lake offering privacy and seclusion, yet conveniently located close to town. New River Lake is a gated neighborhood surrounding a lake that allows fishing and recreation. This house has just been updated with a new kitchen and appliances, new flooring throughout and freshly painted. Main level has soaring vaulted ceilings with a wall of glass to enjoy the view. The kitchen, dining room and primary bedroom are on this level. There are ample decks to enjoy the lake and mountain views. Jacuzzi tub and steam shower. Two lower levels offer five more bedrooms and bathrooms with a family room and playroom on each level that can be accessed by elevator. This house is offered fully furnished with limited exceptions (art work, dishes, monogrammed bedding and some sentimental furniture pieces). New River Lake has a golf cart trail offering easy access to the Blowing Rock Country Club. Encapsulated crawl space.

Last Agent to Sell the Property

Burr Collier

James B. Collier Brokerage Phone: (704) 380-2094 Listed on: 06/04/2024

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,014

Year Built

  • Built in 2002

Lot Details

  • 1.06 Acre Lot
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Seasonal

Home Design

  • Contemporary Architecture
  • Mountain Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Lake Privileges
  • Covered patio or porch

Schools

  • Blowing Rock Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 15R and 16R
  • Assessor Parcel Number 2817-15-9848-000

Community Details

Overview

  • New River Lake Estates Subdivision
  • Community Lake

Additional Features

  • Gated Community
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,014

Year Built

Built in 2002

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.055
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: New River Lake Estates
  • Above Grade Finished Sq Ft: 1846.0
  • Architectural Style: Contemporary, Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (704) 380-2094
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2926.0
  • Fireplace Features: Two, Gas, Stone, Vented, Propane, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Elevator, Furnished, Pull Down Attic Stairs, Vaulted Ceiling(s), Window Treatments
  • Living Area: 4772.0
  • Stories: 3
  • Window Features: Window Treatments

Exterior Features

  • View: Mountain(s), Seasonal View, Lake
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Lake Privileges
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Elevator
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Shake, Wood

Garage/Parking

  • Parking Features: Asphalt, Driveway, Garage, Oversized, Three or more Spaces

Utilities

  • Laundry Features: Main Level
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Gas, Hot Water, Propane, Wood
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Lake, Long Term Rental Allowed
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Blowing Rock
  • High School: Watauga

Lot Info

  • Parcel #: 2817-15-9848-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10014.0
  • Tax Book Number: 2179/793
  • Tax Lot: 15R and 16R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Mar 6, 2025
Sold by
C-5 Properties Llc
Bought by
Cantrell John F and Cantrell Ashley
Seller's Agent
Burr Collier
James B. Collier
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$160,000
Sold Price
$1,350,000
Premium/Discount to List
$1,190,000
743.75%
Views
145
Current Estimated Value
$1,481,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,442
Avg. Annual Appreciation
20.05%
Original Mortgage
$577,000
Outstanding Balance
$576,522
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$918,916

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jan 9, 2025
Sold by
Reid Robert F and Hannon Mary
Bought by
C-5 Properties Llc
Seller's Agent
Burr Collier
James B. Collier
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$160,000
Sold Price
$1,350,000
Premium/Discount to List
$1,190,000
743.75%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,000
Outstanding Balance
$576,522
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$918,916

Purchase Details

Listed on
Jul 15, 2020
Closed on
Mar 19, 2021
Sold by
Harden Joseph C and Harden Allyson J
Bought by
Reid Robert F and Reid Mary Hannon
Seller's Agent
Rob Garrett
Premier Sotheby's Int'l Realty
Buyer's Agent
Burr Collier
James B. Collier
List Price
$922,500
Sold Price
$922,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Warranty Deed $1,350,000 None Listed On Document
Warranty Deed $1,845 Capua Santi Watson
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $577,000 New Conventional
Previous Owner $550,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $1,350,000 -15.6% $283 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $1,600,000 +900.0% $335 / Sq Ft
06/06/2024 06/06/24 For Sale $160,000 -82.7% $34 / Sq Ft
04/06/2021 04/06/21 Sold $922,500 0.0% $192 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
07/15/2020 07/15/20 For Sale $922,500 -- $192 / 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 $12,322 $1,701,800 $128,400 $1,573,400
2023 $11,113 $1,603,600 $128,400 $1,475,200
2022 $11,113 $1,603,600 $128,400 $1,475,200
2021 $10,515 $1,252,700 $80,200 $1,172,500
2020 $10,507 $1,252,700 $80,200 $1,172,500
2019 $10,507 $1,314,900 $142,400 $1,172,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 250121

High Country Association of REALTORS®

APN: 2817-15-9848-000