Sold
Last Sold Price
2 beds1,376 sqft$294/sqft
115 Old Chestnut Rd, Banner Elk, NC 28604
Single FamilyProperty Type
5,227 sq ftLot Size
1990Year Built
$294/sq ftPrice per sq ft
$165/moHOA Fees

Description

Discover your perfect mountain getaway in Mill Ridge subdivision, located in Banner Elk, North Carolina! This charming, impeccably maintained cabin offers a cozy retreat with rustic wood flooring, vaulted ceilings, and a stone wood stove at its heart. The open living area and sun-filled den leads to an expansive deck where you can enjoy the sights and sounds of the surrounding woods. With two bedrooms, a bonus loft, and multiple sleeping arrangements, this home is well-suited for families or guests....Discover your perfect mountain getaway in Mill Ridge subdivision, located in Banner Elk, North Carolina! This charming, impeccably maintained cabin offers a cozy retreat with rustic wood flooring, vaulted ceilings, and a stone wood stove at its heart. The open living area and sun-filled den leads to an expansive deck where you can enjoy the sights and sounds of the surrounding woods. With two bedrooms, a bonus loft, and multiple sleeping arrangements, this home is well-suited for families or guests. The Mill Ridge community, with a monthly fee of $165, covers water, sewer, road maintenance, snow removal, and amenities like a summer pool, tennis courts, and green spaces. Plus, the Watauga River runs through the community, enhancing the outdoor experience. Conveniently located near skiing, dining, shopping, and hiking, this move-in-ready cabin is optimal for full-time living, a second home, or a vacation rental to enjoy the High Country lifestyle!
  • Listed by: Amy LaBarre • Blue Ridge Brokerage (828) 265-2199
Listing closed: 03/24/2025 12:00 AM • Source: High Country Association of REALTORS, MLS#: 251226

Recent comparable sales

Median sold price

$386,600

Avg days on market

118

Sale-to-list ratio

92.8%

Banner Elk, NC

9 comparable properties found

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Location

Listing Courtesy of Blue Ridge Brokerage

Sold By Grandfather Realty

Add your commute

Payment Calculator

$2,330 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,059

Property Taxes

$106

HOA Dues

$165

The Payment Calculator is for illustrative purposes only.

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Property Information for 115 Old Chestnut Road

Property Details
  • Taxes: $1,277 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Cottage, LogHome, Mountain
  • Parking Features: NoGarage
  • Subdivision Name: Mill Ridge
Building Information
  • Stories: 2
  • Year Built: 1990
  • Lot Size: 0.12 AC / 5,227 SF
Summary
Location and General Information
  • Directions: Take Hwy 105 to Mill Ridge/ Clubhouse Drive continue past the clubhouse and bear right onto Laurel Ridge, Turn Right to Continue following Laurel Ridge. Left on Poplar, Left on Old Chestnut. First house on the left.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 5-Watauga, Shawneehaw
Taxes and HOA Information
  • Parcel Number: 1888-05-3566-000
  • Association Fee: $165.00
  • Association Fee Frequency: Monthly
  • Association Name: Mill Ridge POA
  • Association: Yes
  • Tax Annual Amount: $1,277
  • Tax Book Number: 2373/855
  • Tax Legal Description: NEW LOT F-36 SEC1 MILL RIDGE
  • Tax Lot: F-36
School Information
  • Elementary School: Valle Crucis
  • High School: Watauga
Parking
  • Garage: No
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area: 688.0
  • Below Grade Finished Area: 688.0
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Living Area: 1376.0
Property and Assessments
  • Year Built: 1990
  • Documents Available: Disclosures, Plat, RestrictiveCovenants, SellersPropertyDisclosure, Survey
  • Human Modified: Yes
Utilities
  • Sewer: CommunityCoopSewer
  • Water Source: CommunityCoop
Interior and Exterior Features
Exterior Features
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: Log, LogSiding, WoodSiding, WoodFrame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Basement: Yes
  • Basement: CrawlSpace, Finished, WalkOutAccess
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: WallWindowUnits
  • Heating: Yes
  • Heating: Baseboard, Electric, SpaceHeater, WallFurnace
  • Fireplace: Yes
  • Fireplace Features: FreeStanding, WoodBurning
  • Laundry Features: WasherHookup, DryerHookup, InBasement
  • Appliances: Dryer, Dishwasher, ElectricCooktop, MicrowaveHoodFan, Microwave, Refrigerator, Washer
  • Interior Features: VaultedCeilings

Property History for 115 Old Chestnut Road

DateEvent & SourcePriceAppreciation
Mar 24, 2025

Closed

High Country Association of REALTORS #251226

$405,000
Mar 24, 2025

Closed

High Country Association of REALTORS #251226

$400,000
Mar 6, 2025

Closed (Public Record)

Public Record #1556610064

$405,000

-2.3% / yr

DateEvent & SourcePrice
03/24/2025

Closed

High Country Association of REALTORS #251226

$405,000
03/24/2025

Closed

High Country Association of REALTORS #251226

$400,000
03/06/2025

Closed (Public Record)

Public Record #1556610064

$405,000

-2.3% / yr

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

Public Records for 115 Old Chestnut Road

Taxable ValueLand$13,800Additions$305,200Total$319,000
Home Facts
Beds2Baths2Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtStories1Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1990CountyWATAUGAAPN1888-05-3566-000Fireplace TypeHas Fireplace

Schools near 115 Old Chestnut Road

This home is within Watauga County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Valle Crucis Elementary
PublicPK to 8

Watauga High
Public9 to 12

Watauga Innovation Academy
Public9 to 12

Watauga Virtual Academy
PublicK to 8

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: 115 Old Chestnut Road, Banner Elk, NC 28604
$405,000
2
1,376
5,227
$370,000
3
1,442
15,681
$187,000
3
1,458
17,424
3
2
816
5,227
$350,000
5
1,689
9,583
3
2
2,160
4,356

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blue Ridge Brokerage

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.