$779,900

62 Eagle Cottage Ln Unit 5 Banner Elk, NC 28604

Estimated payment $4,821/month

Total Views 497
1 Bed
2 Baths
1,306 Sq Ft
$597 Price per Sq Ft

Highlights

  • River Access
  • Fitness Center
  • Fishing
  • Banner Elk Elementary School Rated A-
  • Spa
  • Gated Community

About This Home

Escape to the tranquil oasis of "Reel Relaxing", nestled in the sought-after River Club area of The Lodges at Eagles Nest. Surrounded by the breathtaking beauty of the Blue Ridge Mountains, this charming retreat offers an exceptional opportunity to embrace the relaxed mountain lifestyle. Fishing enthusiasts will appreciate the close proximity to the pristine Elk River, known for its world-class trout fishing. The River Club enhances the experience with access to a renovated barn featuring a cozy lounge, pool table, ping pong, and convenient owner-lockers for storing fishing gear and other personal items. Ownership at Reel Relaxing includes access to the premier amenities of Eagles Nest, including an outdoor amphitheater with seasonal concerts, miles of hiking, biking, and ATV trails, and family-friendly experiences at Camp Eagles Nest. Residents also enjoy gathering spaces like the Sportsman's Grille and North Pavilion, with the newly built, award-winning Epic Chophouse. With a proven track record as a successful rental through Blue Ridge Mountain Rentals, Reel Relaxing presents a compelling investment opportunity in a thriving vacation market. Inside, the home offers a warm, inviting atmosphere, great for unwinding after a day of mountain adventures. Whether you're seeking a secluded mountain escape or a high-performing rental property, Reel Relaxing delivers the perfect blend of comfort, convenience, and natural beauty.

Listing Agent

Jason Spradling

Elevate Land & Realty Banner Elk Brokerage Phone: 828-771-9343 Listed on: 04/08/2026

Co-Listing Agent

Allison Schoen

Elevate Land & Realty Banner Elk Brokerage Phone: 828-771-9343

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2015

Lot Details

  • 871 Sq Ft Lot
  • Home fronts a stream
  • Property fronts a private road

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,306 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • River Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • River Access
  • Stream or River on Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1839-00-84-8868-00000

Community Details

Overview

  • The Lodges At Eagles Nest Subdivision

Recreation

  • Pickleball Courts
  • Fitness Center
  • Fishing
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 2015

Lot Details

871 Sq Ft Lot

HOA Fees

$505 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Phone: (828) 344-6020
  • Subdivision Name: The Lodges At Eagles Nest
  • Above Grade Finished Sq Ft: 1306.0
  • Architectural Style: Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Townhouse
  • Attribution Contact: 828-771-9343
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Hot Tub/Spa, Window Treatments
  • Living Area: 1306.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: River, Creek/Stream
  • View: Yes
  • Waterfront Features: Creek, River Access, Stream
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Hot Tub/Spa
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Fishing, Gated, Pickleball, River, Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1515.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1839-00-84-8868-00000

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 528/1931

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $1,832 $457,900 $50,000 $407,900
2024 $1,832 $457,900 $50,000 $407,900
2023 $1,832 $457,900 $50,000 $407,900
2022 $1,832 $457,900 $50,000 $407,900
2021 $2,017 $366,800 $150,000 $216,800
2020 $2,017 $366,800 $150,000 $216,800
2019 $2,017 $366,800 $150,000 $216,800
2016 $401 $89,700 $0 $0
2015 -- $50,000 $50,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2026 04/08/26 For Sale $779,900 -18.8% $597 / Sq Ft
04/01/2026 04/01/26 Price Changed $959,900 -4.0% $735 / Sq Ft
10/21/2025 10/21/25 For Sale $999,900 -- $766 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 None Available
Warranty Deed $380,000 None Available
Source: Public Records

Source: High Country Association of REALTORS®

MLS Number: 260996

High Country Association of REALTORS®

APN: 18390084886800000

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