Last Sold Price
3 beds980 sqft$270/sqft
490 Laurel Ridge, Banner Elk, NC 28604

Description

Recently refreshed 3 bedroom, 1 full bath, & two half baths in desirable Mill Ridge Resort conveniently located between Boone and Banner Elk. Open layout with lots of windows! With vaulted ceilings in the great room, a wood burning fire place and large sliding glass doors open to large deck this home offers a space to enjoy every season. Kitchen area offers a tile backsplash, updated cabinetry, 2 pantries providing lots of storage. Entry level also offers 2 bedrooms with a jack and jill bath. The...Recently refreshed 3 bedroom, 1 full bath, & two half baths in desirable Mill Ridge Resort conveniently located between Boone and Banner Elk. Open layout with lots of windows! With vaulted ceilings in the great room, a wood burning fire place and large sliding glass doors open to large deck this home offers a space to enjoy every season. Kitchen area offers a tile backsplash, updated cabinetry, 2 pantries providing lots of storage. Entry level also offers 2 bedrooms with a jack and jill bath. The spiral stair case provides access to the lower level and opens to another deck and a fenced in yard. Lower level offers the 3rd bedroom as well as a bonus room. Off the bedroom is a half bath for your convenience and laundry access. Community offers a heated pool and tennis courts. Outbuilding, + bonus lot included. Heat is electric baseboard, kerosene monitor and wood stove, 1 window AC unit.
LISTING CLOSED: 12/01/2022 12:00 AM

  1. Listed by William Aceto • Blue Ridge Realty & Inv. - Banner Elk
  2. Listed by Todd Rice • Blue Ridge Realty & Inv. Blowing Rock

Property Details for 490 Laurel Ridge

Status
MLS #
240424
Days on Market
36
Taxes
$1,222 / year
HOA Fees
$165 / month
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1973
Lot Size
0.37 AC / 16,117 SF
Architectural Style
Mountain
Waterfront Features
Pond
Parking Features
Driveway, Gravel, NoGarage, Private
View
Yes
Subdivision Name
Mill Ridge
View
SeasonalView, TreesWoods

Recent comparable sales

Median sold price

$353,750

Avg days on market

122

Sale-to-list ratio

89.6%

Banner Elk, NC

9 comparable properties found

a view of a house with a small yard and a large window
1/50
1

$290,000

Sold 12/05/25

3
Bedrooms
1,075
Square Feet
0.14
Acres
front view of a house with a yard
1/31
2

$340,000

Sold 09/08/25

3
Bedrooms
1,091
Square Feet
0.16
Acres
3

$207,000

Sold 09/09/25

3
Bedrooms
2
Bathrooms
884
Square Feet
0.11
Acres
$367,500 | 207 Hemlock Road, Banner Elk, NC 28604
1/35
4

$367,500

Sold 01/13/25

3
Bedrooms
1,168
Square Feet
0.23
Acres
$270,000 | 460 Laurel Ridge, Banner Elk, NC 28604
1/25
5

$270,000

Sold 02/07/25

2
Bedrooms
850
Square Feet
0.04
Acres
a view of a small house
1/50
6

$300,000

Sold 01/22/26

2
Bedrooms
1,200
Square Feet
0.06
Acres
a view of a house with backyard and sitting area
1/43
7

$370,000

Sold 01/20/26

3
Bedrooms
1,442
Square Feet
0.36
Acres
$377,900 | 136 Hemlock Road, Banner Elk, NC 28604
1/26
8

$377,900

Sold 10/08/25

3
Bedrooms
2,534
Square Feet
0.25
Acres
$385,000 | 424 Clubhouse Drive, Banner Elk, NC 28604
1/46
9

$385,000

Sold 11/18/25

3
Bedrooms
1,620
Square Feet
0.14
Acres

Location

Listing Courtesy of Blue Ridge Realty & Inv. - Banner Elk; Blue Ridge Realty & Inv. Blowing Rock

Sold By Keller Williams High Country

Add your commute

Building Information for 490 Laurel Ridge

Stories2Year Built1973Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$1,614 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,347

Property Taxes

$102

HOA Dues

$165

The Payment Calculator is for illustrative purposes only.

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Property Information for 490 Laurel Ridge

Summary
Location and General Information
  • Directions: From Boone travel towards Banner Elk to Foscoe, turn left into Mill Ridge Resort crossing over the Watauga River. Keep straight, passing the tennis courts and pool on your left, and travel up the hill. Passing Hemlock Road, to 180 degree right turn to 4th house on right.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 1-Boone, Brushy Fork, New River
Taxes and HOA Information
  • Parcel Number: 1888-05-3837-000
  • Additional Parcels Description: 1888-05-3913-000, 1888-05-3898-000
  • Association Fee: $165.00
  • Association Fee Frequency: Monthly
  • Association Name: Mill Ridge POA
  • Association: Yes
  • Tax Annual Amount: $1,222
  • Tax Book Number: 2284/84
School Information
  • Elementary School: Valle Crucis
  • High School: Watauga
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area: 980.0
  • Below Grade Finished Area: 0.0
  • Lot Features: SplitPossible
  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Units: Acres
  • Living Area: 980.0
Property and Assessments
  • Other Structures: Sheds
  • Year Built: 1973
  • Documents Available: Disclosures, LeadBasedPaintDisclosure, Plat, RestrictiveCovenants, SellersPropertyDisclosure, Survey
  • Human Modified: Yes
Utilities
  • Sewer: CommunityCoopSewer
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: CommunityCoop
Interior and Exterior Features
Exterior Features
  • Exterior Features: Storage, GravelDriveway
  • Pool Features: Community
  • Community Features: Pool, River, TennisCourts, LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: WoodSiding, WoodFrame
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Flooring: CeramicTile, Wood
  • Basement: Yes
  • Basement: PartiallyFinished
  • Bathrooms Full: 1
  • Bathrooms Half: 2
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Rooms Total: 2
  • Cooling: Yes
  • Cooling: WallWindowUnits
  • Heating: Yes
  • Heating: Baseboard, Electric, Kerosene
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: One, FreeStanding, WoodBurning
  • Laundry Features: WasherHookup, DryerHookup
  • Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator
  • Interior Features: VaultedCeilings
  • Window Features: DoublePaneWindows
Rental
Rental Information
  • Lease Amount: $2,600.00
  • Lease Amount Frequency: Monthly

Property History for 490 Laurel Ridge

DateEvent & SourcePriceAppreciation
Dec 1, 2022

Closed

High Country Association of REALTORS #240424

$265,000
Oct 31, 2022

Under Contract-Show

High Country Association of REALTORS #240424

Oct 30, 2022

Under Contract-No Show

High Country Association of REALTORS #240424

DateEvent & SourcePrice
12/01/2022

Closed

High Country Association of REALTORS #240424

$265,000
10/31/2022

Under Contract-Show

High Country Association of REALTORS #240424

10/30/2022

Under Contract-No Show

High Country Association of REALTORS #240424

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

Public Records for 490 Laurel Ridge

Taxable ValueLand$13,800Additions$271,600Total$285,400
Tax Record2025$1,165 ($97 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,400 SqFtAbove Grade Finished SqFt1,400 SqFtStories1Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1973CountyWATAUGAAPN1888-05-3837-000Fireplace TypeHas Fireplace

Schools near 490 Laurel Ridge

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: 490 Laurel Ridge, Banner Elk, NC 28604
$265,000
3
980
16,117
$235,000
3
1,157
16,988
$300,000
2
1,080
14,374
$94,000
3
2
660
4,356
$12,500
2
1
616
2,178
3
2
816
5,227

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Blue Ridge Realty & Inv. - Banner Elk; Blue Ridge Realty & Inv. Blowing Rock

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.