Sold
Last Sold Price
3 beds1,300 sqft
1030 Parallel Rd, Banner Elk, NC 28604
Single FamilyProperty Type
3.94 acresLot Size
1963Year Built
$176/sq ftPrice per sq ft

Description

First time on the market! This 3/1 home is centrally located in Banner Elk in a beautiful and peaceful setting at the end of Parallel Road. The 3.94 acres was used as a family farm for many years. Built in 1963, the home has the original hardwood floors in the kitchen and dining and is underneath the carpet in the other rooms. This block home was lovingly built and lived in and this is a great opportunity for someone looking for a starter home and/or fixer upper to own a beautiful part of Banner...First time on the market! This 3/1 home is centrally located in Banner Elk in a beautiful and peaceful setting at the end of Parallel Road. The 3.94 acres was used as a family farm for many years. Built in 1963, the home has the original hardwood floors in the kitchen and dining and is underneath the carpet in the other rooms. This block home was lovingly built and lived in and this is a great opportunity for someone looking for a starter home and/or fixer upper to own a beautiful part of Banner Elk. the acreage is exceptional as it includes some pasture and woods. The home will need a new roof. It has a private well and the septic permit can not be located per the Toe River Health Dept. Moisture evident in basement after rain due to negative grade New power lines will be eventually installed on neighboring property and portions of the edge of this property. See map in documents.
  • Listed by: James Canterbury • The Summit Group Of The Carolinas
  • Listed by: Marsha McManus • The Summit Group Of The Carolinas
Listing closed: 09/13/2022 12:00 AM • Source: High Country Association of REALTORS, MLS#: 238426

Recent comparable sales

Median sold price

$250,000

Avg days on market

134

Sale-to-list ratio

100.5%

Banner Elk, NC

9 comparable properties found

a view of a house with backyard and trees
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1

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1,128
Square Feet
4.33
Acres
$231,000 | 803 Sam Eller Road, Banner Elk, NC 28604
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Square Feet
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Acres
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Bathrooms
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Square Feet
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Acres
$382,250 | 257 Banner Road Southwest, Banner Elk, NC 28604
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Square Feet
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Acres
$190,000 | 461 Reuben Wooten Road, Banner Elk, NC 28604
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Sold 09/16/26

2
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Square Feet
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Acres
$240,000 | 481 Gilliam Road, Banner Elk, NC 28604
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Sold 09/30/25

3
Bedrooms
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Square Feet
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Acres

Location

Listing Courtesy of The Summit Group Of The Carolinas

Sold By Blue Ridge Realty & Inv. Linville

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Payment Calculator

$1,212 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,184

Property Taxes

$29

HOA Dues

$0

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Property Information for 1030 Parallel Road

Property Details
  • Taxes: $343 / year
  • MLS Type: Residential / Single Family Residence
  • County: Avery County
  • Architectural Style: Ranch
  • Parking Features: Driveway, Gravel, NoGarage, Private
  • View: Yes
  • Subdivision Name: None
  • View: Mountains
  • Zoning Description: None
Building Information
  • Stories: 2
  • Year Built: 1963
  • Lot Size: 3.94 AC / 171,626 SF
Summary
Location and General Information
  • Directions: From the mill pond in Banner Elk continue up Hickory Nut Gap Road for 2 miles. Slight right onto Parallel Rd. Continue .9 miles. House is at the end of the road. Driveway wraps around back of house.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Responsibility: PublicMaintainedRoad
  • MLS Area Major: 8-Banner Elk
Taxes and HOA Information
  • Parcel Number: 184800335314
  • Additional Parcels Description: 184800336711, 184803333313
  • Association: No
  • Tax Annual Amount: $343
  • Tax Book Number: 331/432
  • Tax Legal Description: Tract 2, 3, and 4 Plat 43-47
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area: 1300.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 3.94
  • Lot Size Area: 3.94
  • Lot Size Units: Acres
  • Living Area: 1300.0
Property and Assessments
  • Year Built: 1963
  • Documents Available: LeadBasedPaintDisclosure, Plat, SellersPropertyDisclosure, Survey
  • Human Modified: No
Utilities
  • Sewer: SepticPermitUnavailable
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: HorseFacilities, GravelDriveway
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: Block, Masonry
  • Roof: Asphalt, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Flooring: Carpet, Laminate, Wood
  • Basement: Yes
  • Basement: Full, InteriorEntry
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Rooms Total: 2
  • Cooling: No
  • Cooling: None
  • Heating: Yes
  • Heating: ForcedAir, Oil, WoodStove
  • Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Appliances: ElectricRange, ElectricWaterHeater
  • Interior Features: None

Property History for 1030 Parallel Road

DateEvent & SourcePriceAppreciation
Sep 13, 2022

Closed

High Country Association of REALTORS #238426

$229,100
Sep 6, 2022

Closed (Public Record)

Public Record #1497743813

$229,500
Aug 15, 2022

Under Contract-Show

High Country Association of REALTORS #238426

DateEvent & SourcePrice
09/13/2022

Closed

High Country Association of REALTORS #238426

$229,100
09/06/2022

Closed (Public Record)

Public Record #1497743813

$229,500
08/15/2022

Under Contract-Show

High Country Association of REALTORS #238426

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1030 Parallel Road

Taxable ValueLand$19,600Additions$108,600Total$128,200
Tax Record2025$513 ($43 / month)
Home Facts
Beds4Baths1Total Finished SqFt2,824 SqFtAbove Grade Finished SqFt2,824 SqFtStories1Lot Size30,056 SqFtStyleSingle Family ResidenceYear Built2023CountyAVERYAPN18480033531400000Fireplace TypeHas Fireplace

Schools near 1030 Parallel Road

This home is within Avery County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Banner Elk Elementary School
PublicPK to 5

Avery Middle
Public6 to 8

Avery County High School
Public9 to 12

Avery County High School STEM Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1030 Parallel Road, Banner Elk, NC 28604
$229,100
3
1,300
171,626
3
2
1,336
610,276
$450,000
2,049,062
4
4
3,189
336,719
$875,000
4
3,189
87,991

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Listing Courtesy of The Summit Group Of The Carolinas

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.