$649,000

72 Arnett Rd Banner Elk, NC 28604

Estimated payment $3,750/month

Total Views 6,367
0.51 Acre
$1,272,549 Price per Acre
22,216 Sq Ft Lot

Highlights

  • Spa
  • No HOA
  • Space Heater
  • Banner Elk Elementary School Rated A-
  • Ductless Heating Or Cooling System
  • Wood Siding

About This Lot

Escape to the mountains in this charming 3-bedroom, 4-bath home, just minutes from Sugar Mountain Ski Resort and 10 minutes to downtown Banner Elk this turn key vacation rental is perfect for families and groups, this spacious retreat comfortably sleeps up to 10 guests. Boasting 3 bedrooms and 4 bathrooms, it provides plenty of room for relaxation after a full day on the ski slopes. Immerse yourself in the beauty of the majestic mountain views from your new fenced in yard complete with a stone patio, two fire pits, and a six person hot tub. Inside the impeccable wood floors and accents flow seamlessly throughout each room to provide a warm, cabin feel. A grand family room to cozy up to on a cool night, with a spacious kitchen that highlights premium stainless-steel appliances including a 6 gas range burner. Ample seating in the dinning room allowing plenty of room for cooking and entertaining. The three bedrooms are spacious and can sleep up to 10 guests with updated bathrooms highlighting step in showers and one with a soaking tub. The primary bedroom has been updated with an ensuite bathroom. The bunk room offers a great space for extra sleeping or a game of cards and shuffle board. Offered fully furnished with just a few exclusions schedule a showing and discover all this home has to offer! The homes updates include a new roof and windows, encapsulated crawl space with a dehumidifier, gutters and downspouts, five mini-split HVAC units, and flooring. Don't miss this incredible opportunity to own your dream mountain retreat—schedule a showing today!

Listing Agent

Amanda Sorrow

Realty One Group Results-Banne Brokerage Phone: (828) 278-7448 Listed on: 03/17/2025

Realty One Group Results-Banne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1969

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road
  • Zoning described as Business/Comm,Other-See Remarks

Parking

  • Parking Available

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2,738 Sq Ft Home
  • 1-Story Property
  • Propane Fireplace

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Gas
  • Private Water Source
  • Well

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 18681700216400000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Spa

Property Details

Property Type

Land

Est. Annual Taxes

$1,987

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.51
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1969
  • Attribution Contact: (828) 278-7448
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: Yes
  • Fireplace Features: Propane
  • Fireplace: Yes
  • Stories: 1

Exterior Features

  • Construction Type: Cedar, Wood Siding, Wood Frame
  • Exterior Features: Hot Tub/Spa
  • Roof: Metal

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Cooling: 3+ Units
  • Cooling Y N: Yes
  • Heating: Ductless, Fireplace(s), Gas, Space Heater
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Parcel #: 18681700216400000
  • Zoning Description: Business/Comm,Other-See Remarks

Tax Info

  • Tax Annual Amount: 1987.0
  • Tax Book Number: RE563/1022

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 $1,987 $469,700 $20,500 $449,200
2022 $1,987 $469,700 $20,500 $449,200
2021 $1,125 $204,600 $66,600 $138,000
2020 $1,125 $204,600 $66,600 $138,000
2019 $1,125 $204,600 $66,600 $138,000
2018 $1,125 $204,600 $66,600 $138,000
2017 $1,125 $204,600 $0 $0
2016 $762 $170,300 $0 $0
2015 $762 $170,300 $66,600 $103,600
2012 -- $258,500 $111,100 $147,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $649,000 -7.2% $237 / Sq Ft
03/17/2025 03/17/25 For Sale $699,000 +53.6% $255 / Sq Ft
07/22/2021 07/22/21 Sold $455,000 0.0% $157 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $455,000 +35.8% $157 / Sq Ft
08/03/2020 08/03/20 Sold $335,000 0.0% $98 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $335,000 -- $98 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 None Available
Warranty Deed $335,000 None Available
Warranty Deed $175,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $395,000 Construction
Closed $364,000 Commercial
Previous Owner $176,990 Commercial
Source: Public Records

Source: High Country Association of REALTORS®

MLS Number: 254271

High Country Association of REALTORS®

APN: 1868-17-00-2164-00000