Last Sold Price
3 beds1,200 sqft$90/sqft
48 Mountain Ridge Rd, Newland, NC 28657

Description

Rare find! Great starter home or investment property! Super affordable & adorable 3 bed/2 bath cottage in newland! Great location near downtown, Ingles grocery store & Mayland Community College PLUS only 15 minutes to downtown Banner Elk & Lees McRae! Well kept & low maintenance property, over an acre with lush rhododendron, offering a nice private buffer. Main level has a spacious living room, with gas log fireplace, full bath, laundry, kitchen (with lots of storage), dining & back deck. All three...Rare find! Great starter home or investment property! Super affordable & adorable 3 bed/2 bath cottage in newland! Great location near downtown, Ingles grocery store & Mayland Community College PLUS only 15 minutes to downtown Banner Elk & Lees McRae! Well kept & low maintenance property, over an acre with lush rhododendron, offering a nice private buffer. Main level has a spacious living room, with gas log fireplace, full bath, laundry, kitchen (with lots of storage), dining & back deck. All three bedrooms are on the lower level with full bath & kerosene monitor heater. Sellers have made many improvements since their purchase, including a new lower level patio - braced & ready to go to accommodate a hot tub! High Speed Internet & Cable Available through Spectrum. Contact Listing Agent to Set up Showing
LISTING CLOSED: 05/30/2019 12:00 AM

  1. Listed by Samantha Benfield • Keller Williams High Country Realty

Property Details for 48 Mountain Ridge Road

Status
MLS #
213889
Days on Market
48
Taxes
$477 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1994
Lot Size
1.29 AC / 56,192 SF
Architectural Style
Cottage, Traditional
Parking Features
Driveway, Gravel, NoGarage, Private
Subdivision Name
None
View
SeasonalView
Zoning Description
Residential

Recent comparable sales

Median sold price

$295,000

Avg days on market

112

Sale-to-list ratio

82.6%

Newland, NC

9 comparable properties found

a view of a house with a yard
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1

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Bedrooms
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Square Feet
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Acres
a aerial view of a house with yard and sitting area
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Acres
$340,000 | 298 Sugar Vista Lane, Newland, NC 28657
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Square Feet
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Acres
a front view of house with yard and green space
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$295,000 | 353 Rhoneys View Road, Newland, NC 28657
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2
Bedrooms
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Square Feet
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Acres
a front view of house with yard
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Sold 10/28/25

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Bedrooms
1,008
Square Feet
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Acres
a view of a house with a large window and a garden
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8

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Sold 05/22/26

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Bedrooms
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Square Feet
0.43
Acres
$410,000 | 2266 Sugar Mountain  Rd # 1, Newland, NC 28657
1/31
9

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Sold 10/24/25

3
Bedrooms
1,515
Square Feet
6.04
Acres

Location

Listing Courtesy of Keller Williams High Country Realty

Sold By Blue Ridge Realty & Inv. - Banner Elk

Add your commute

Building Information for 48 Mountain Ridge Road

Stories1Year Built1994Building Size-Lot Size1.29 AC / 56,192 SF

Payment Calculator

$589 per month

30 year fixed, 6.55% Interest

Principal and Interest

$549

Property Taxes

$40

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 48 Mountain Ridge Road

Summary
Location and General Information
  • Directions: USE GPS -- Both street signs to get to property are missing.
  • Road Surface Type: Gravel
  • Postal Code: 28657
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 9-Linville
  • MLS Area Minor: Newland
Taxes and HOA Information
  • Parcel Number: 1837-15-54-4289-00000
  • Association: No
  • Tax Annual Amount: $477
  • Tax Book Number: 506/689
  • Tax Legal Description: TRACT 4
School Information
  • Elementary School: Newland
  • Elementary School District: Newland
  • High School District: Newland
  • Middle Or Junior School District: Newland
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area: 600.0
  • Below Grade Finished Area: 600.0
  • Lot Size Acres: 1.29
  • Lot Size Area: 1.29
  • Lot Size Units: Acres
  • Living Area: 1200.0
Property and Assessments
  • Other Structures: Outbuilding
  • Year Built: 1994
  • Human Modified: No
Utilities
  • Sewer: Other, SepticPermit3Bedroom, SeeRemarks
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: SharedWell
Interior and Exterior Features
Exterior Features
  • Exterior Features: OutBuildings, GravelDriveway
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: VinylSiding, WoodFrame
  • Foundation Details: Basement, Slab
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle
Interior Features
  • Levels: One
  • Stories: 1
  • Stories Total: 1
  • Flooring: Carpet, CeramicTile, Wood
  • Basement: Yes
  • Basement: Finished
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Rooms Total: 2
  • Cooling: No
  • Cooling: None
  • Heating: Fireplaces, Kerosene
  • Fireplace: Yes
  • Fireplace Features: Gas, Propane
  • Laundry Features: WasherHookup, DryerHookup, MainLevel
  • Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, MicrowaveHoodFan, Microwave, Refrigerator, Washer
Room Information
Room 1
  • Room Level: Basement
  • Room Type: MasterBedroom
Room 2
  • Room Level: Basement
  • Room Type: Bedroom
Room 3
  • Room Level: First
  • Room Type: LivingRoom
Room 4
  • Room Level: First
  • Room Type: Laundry
Room 5
  • Room Level: First
  • Room Type: Kitchen
Room 6
  • Room Level: First
  • Room Type: DiningRoom
Room 7
  • Room Level: Basement
  • Room Type: FullBath
Room 8
  • Room Level: First
  • Room Type: FullBath

Property History for 48 Mountain Ridge Road

DateEvent & SourcePriceAppreciation
May 30, 2019

Closed

High Country Association of REALTORS #213889

$108,000
May 24, 2019

Closed (Public Record)

Public Record #645385107

$108,000

+19.6% / yr

Apr 30, 2019

Under Contract-No Show

High Country Association of REALTORS #213889

DateEvent & SourcePrice
05/30/2019

Closed

High Country Association of REALTORS #213889

$108,000
05/24/2019

Closed (Public Record)

Public Record #645385107

$108,000

+19.6% / yr

04/30/2019

Under Contract-No Show

High Country Association of REALTORS #213889

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

Public Records for 48 Mountain Ridge Road

Taxable ValueLand$22,900Additions$92,000Total$114,900
Tax Record2025$460 ($38 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,200 SqFtFinished Basement SqFt600 SqFtStories1Lot Size56,192 SqFtStyleSingle Family ResidenceYear Built1994Year Renovated2009ZoningNULLCountyAVERYAPN1837-15-54-4289-00000

Schools near 48 Mountain Ridge 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
Newland 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: 48 Mountain Ridge Road, Newland, NC 28657
$108,000
3
1,200
56,192
$60,000
3
2
2,052
28,314
$87,000
3
1,512
40,946
$20,000
3
600
20,037
2
1
1,194
64,033
$250,000
3
960
57,499

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Listing Courtesy of Keller Williams High Country Realty

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.