Last Sold Price
2 beds1,520 sqft$113/sqft
120 Covered Bridge Rd, Banner Elk, NC 28604

Description

Investment opportunity! Location is everything and this house is very easy to access year round. The house is solid and in good condition. Main level offers 2 bedrooms, a full bath, living room with brick fireplace, dining room and kitchen along with a large 8.5ft by 36ft deck. The basement offers a large laundry room, a large family room, 2 bonus rooms that can be used as extra sleeping areas, office space, or whatever you like. The basement has a full bath. Basement has it’s own outside entrance....Investment opportunity! Location is everything and this house is very easy to access year round. The house is solid and in good condition. Main level offers 2 bedrooms, a full bath, living room with brick fireplace, dining room and kitchen along with a large 8.5ft by 36ft deck. The basement offers a large laundry room, a large family room, 2 bonus rooms that can be used as extra sleeping areas, office space, or whatever you like. The basement has a full bath. Basement has it’s own outside entrance. Nice yard with some level areas. Good winter views. Lots of wildlife like deer, turkeys, rabbits, etc. Nice road to take walks on with some amazing views. Just 1.5 miles to the town of Beech Mountain and 3.2 miles to Beech Mountain Ski Resort. Other ski areas Sugar Mountain and Appalachian Ski Mountain within the region. Perfect second home, rental investment, or full time residence. Tons of​​‌​​​​‌​​‌‌​‌‌​​‌​​​​‌​​​‌‌​‌‌‌ potential!
LISTING CLOSED: 08/10/2020 12:00 AM

  1. Listed by Chris Devera • Realty One Group Results-Boone

Property Details for 120 Covered Bridge Road

Status
MLS #
217197
Days on Market
349
Taxes
$594 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1973
Lot Size
0.38 AC / 16,552 SF
Architectural Style
Cottage, Mountain, Ranch, Traditional
Parking Features
Driveway, Gravel, NoGarage, Other, Private, SeeRemarks, SharedDriveway
View
Yes
Subdivision Name
None
View
LongRange, Mountains
Zoning Description
Other-See Remarks

Recent comparable sales

Median sold price

$484,000

Avg days on market

111

Sale-to-list ratio

91.7%

Banner Elk, NC

9 comparable properties found

a house with a swimming pool in front of it
1/30
1

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Sold 07/17/26

2
Bedrooms
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Square Feet
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Acres
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2

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Sold 09/26/25

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Bedrooms
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Square Feet
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Acres
$315,000 | 1236 Banner Elk Highway, Banner Elk, NC 28604
1/23
3

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Sold 09/22/25

2
Bedrooms
1,436
Square Feet
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Acres
a view of a fire pit with large trees
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4

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Sold 06/29/26

2
Bedrooms
1,348
Square Feet
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Acres
$240,000 | 481 Gilliam Road, Banner Elk, NC 28604
1/32
5

$240,000

Sold 09/30/25

3
Bedrooms
1,620
Square Feet
1.02
Acres
a front view of a house with a yard
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6

$490,000

Sold 10/27/25

2
Bedrooms
1,096
Square Feet
0.35
Acres
$575,000 | 17 Grey Fox Ridge Road, Banner Elk, NC 28604
1/38
7

$575,000

Sold 07/20/26

3
Bedrooms
1,654
Square Feet
0.93
Acres
a front view of a house with entertaining space
1/2
8

$370,000

Sold 01/21/25

2
Bedrooms
1,417
Square Feet
Unavailable
Acres
9

$370,000

Sold 01/14/25

2
Bedrooms
2
Bathrooms
1,456
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Realty One Group Results-Boone

Sold By High Country Resort Properties

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Building Information for 120 Covered Bridge Road

Stories1Year Built1973Building Size-Lot Size0.38 AC / 16,552 SF

Payment Calculator

$924 per month

30 year fixed, 6.55% Interest

Principal and Interest

$874

Property Taxes

$50

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 120 Covered Bridge Road

Summary
Location and General Information
  • Directions: From Banner Elk go west/south on 194 past Lees McRae College. Road will spit just outside of town so go right and up Beech Mountain Parkway. Covered Bridge Road is on your right about 1.8 miles up the Parkway which is almost the same entrance to Grey Fox Ridge a gated community . Take gravel road on the left (not the gated community). House is 3rd on the right.
  • Road Surface Type: Gravel, Other, SeeRemarks
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
  • MLS Area Minor: Banner Elk
Taxes and HOA Information
  • Parcel Number: 1859-10-35-5815-00000
  • Association: No
  • Tax Annual Amount: $594
  • Tax Book Number: 455/2096
  • Tax Legal Description: HOFECKER PROP PLAT 15-10
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area: 864.0
  • Below Grade Finished Area: 656.0
  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Units: Acres
  • Living Area: 1520.0
Property and Assessments
  • Year Built: 1973
  • Documents Available: Disclosures, LeadBasedPaintDisclosure, Other, SellersPropertyDisclosure, SeeRemarks
  • Human Modified: No
Utilities
  • Sewer: Other, SepticPermit2Bedroom, SeeRemarks
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: SharedWell
Interior and Exterior Features
Exterior Features
  • Exterior Features: GravelDriveway
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: WoodSiding, WoodFrame
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle
Interior Features
  • Levels: One
  • Stories: 1
  • Stories Total: 1
  • Flooring: Carpet, Concrete, Laminate
  • Basement: Yes
  • Basement: ExteriorEntry, InteriorEntry, PartiallyFinished
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Rooms Total: 2
  • Cooling: No
  • Cooling: None
  • Heating: Yes
  • Heating: Baseboard, Electric, Gas, Other, SeeRemarks, Wood
  • Fireplace: Yes
  • Fireplace Features: Masonry, WoodBurning
  • Laundry Features: InBasement
  • Appliances: Dryer, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Washer
  • Interior Features: Attic
  • Window Features: SinglePane, StormWindows
Room Information
Room 1
  • Room Level: First
  • Room Type: DiningRoom
Room 2
  • Room Level: First
  • Room Type: MasterBedroom
Room 3
  • Room Level: First
  • Room Type: Bedroom
Room 4
  • Room Level: Basement
  • Room Type: Laundry
Room 5
  • Room Level: Basement
  • Room Type: FamilyRoom
Room 6
  • Room Level: Basement
  • Room Type: BonusRoom
Room 7
  • Room Level: First
  • Room Type: LivingRoom
Room 8
  • Room Level: First
  • Room Type: Kitchen
Room 9
  • Room Level: Basement
  • Room Type: FullBath
Room 10
  • Room Level: First
  • Room Type: FullBath

Property History for 120 Covered Bridge Road

DateEvent & SourcePriceAppreciation
Aug 10, 2020

Closed

High Country Association of REALTORS #217197

$172,000
Jul 12, 2020

Under Contract-No Show

High Country Association of REALTORS #217197

Aug 27, 2019

Listed (Active)

High Country Association of REALTORS #217197

$195,000
DateEvent & SourcePrice
08/10/2020

Closed

High Country Association of REALTORS #217197

$172,000
07/12/2020

Under Contract-No Show

High Country Association of REALTORS #217197

08/27/2019

Listed (Active)

High Country Association of REALTORS #217197

$195,000

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

Public Records for 120 Covered Bridge Road

Taxable ValueLand$56,300Additions$138,800Total$195,100
Tax Record2025$780 ($65 / month)
Home Facts
Beds2Baths1Total Finished SqFt2,592 SqFtAbove Grade Finished SqFt1,728 SqFtFinished Basement SqFt864 SqFtStories1Lot Size16,553 SqFtStyleSingle Family ResidenceYear Built1973Year Renovated1993CountyAVERYAPN18591035581500000Fireplace TypeHas Fireplace

Schools near 120 Covered Bridge 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

Cranberry Middle School
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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Listing Courtesy of Realty One Group Results-Boone

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.