Active
2 beds1,569 sqft

500 Laurel Ridge Ln, Unit B1, Banner Elk, NC 28604

CondoProperty Type
1986Year Built
$612/sq ftPrice per sq ft
$14,136/yrHOA Fees

Description

Welcome to this impeccably updated 2-bedroom, 2-bathroom condo offering a seamless blend of luxury, comfort, and peace of mind. Sold completely furnished and tastefully decorated by a designer's eye, every detail of this home has been curated for effortless living. Step inside to bright, sun-filled living spaces framed by brand-new energy-efficient windows that showcase breathtaking vistas over the lush green fairways and surrounding mountain backdrop. Center stage in the open-concept main space...Welcome to this impeccably updated 2-bedroom, 2-bathroom condo offering a seamless blend of luxury, comfort, and peace of mind. Sold completely furnished and tastefully decorated by a designer's eye, every detail of this home has been curated for effortless living. Step inside to bright, sun-filled living spaces framed by brand-new energy-efficient windows that showcase breathtaking vistas over the lush green fairways and surrounding mountain backdrop. Center stage in the open-concept main space is a warm and cozy living room gas fireplace, framed by a brand-new mounted flat-screen TV—creating the perfect focal point for relaxing or entertaining after a day on the course. Enjoy complete worry-free living with major mechanical upgrades already taken care of, including a brand-new HVAC system, new hot water heater, and a whole-house surge protection system safeguarding all electronics and appliances. The primary and guest suites offer comfortable, retreat-like accommodations, while the bathrooms feature stylish modern updates. Whether you are unwinding by the fire or relaxing on your private patio taking in the sunset over the peaks, this turn-key residence offers the ultimate resort-style lifestyle from day one!
9 days on Market
  • Listed by: Richard Foster • Elk River Realty 828-898-9777
  • Listed by: Kylie Clark • Elk River Realty
Last updated: 10/01/2026 11:28 AM • Source: High Country Association of REALTORS, MLS#: 264589
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Elk River Realty
Add your commute

Virtual Tour

Payment Calculator

$6,484 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,125

Property Taxes

$181

HOA Dues

$1,178

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 500 Laurel Ridge Lane, Unit B1

Property Details

  • Taxes: $2,172 / year
  • MLS Type: Residential / Condominium
  • County: Avery County
  • Architectural Style: Traditional
  • Waterfront Features: Pond
  • Parking Features: Driveway, Paved, SharedDriveway
  • View: Yes
  • Subdivision Name: Elk River
  • View: GolfCourse, Mountains
  • Zoning Description: Multi-Family,Residential

Building Information

  • Building/Complex: 500 Laurel Ridge Ln
  • Stories: 1
  • Year Built: 1986

Summary

Location and General Information
  • Directions: From Hwy 184/Tynecastle Hwy in Banner Elk, turn left at traffic light onto Hwy 194. Elk River is 1 mile on left. 24 hour security gate.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
Taxes and HOA Information
  • Parcel Number: 1848-00-47-4318-00002-01
  • Association Fee: $14,136.04
  • Association Fee Frequency: Annually
  • Association Name: Elk River POA
  • Association: Yes
  • Tax Annual Amount: $2,172
  • Tax Book Number: 615/468
  • Tax Legal Description: ERDC LAUREL RIDGE B 001 PLAT 22-71
School Information
  • Elementary School: Banner Elk
  • High School: Avery County

Property

Lot Information
  • Above Grade Finished Area: 1569.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Units: Acres
  • Living Area: 1569.0
Property and Assessments
  • Year Built: 1986
  • Documents Available: Disclosures, HoaDocuments, RestrictiveCovenants, SellersPropertyDisclosure
  • Human Modified: Yes
Utilities
  • Sewer: CommunityCoopSewer
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: CommunityCoop

Interior and Exterior Features

Exterior Features
  • Pool Features: Community
  • Community Features: Clubhouse, DogPark, EquestrianCommunity, FitnessCenter, Fishing, Golf, Gated, Pickleball, Pool, River, AirportRunway, Skiing, TennisCourts, TrailsPaths
  • Construction Materials: Stone, WoodSiding, WoodFrame
  • Patio And Porch Features: Covered
  • Security Features: TwentyFourHourSecurity
  • Roof: Shake, Wood
Interior Features
  • Levels: One
  • Stories: 1
  • Stories Total: 1
  • Flooring: CeramicTile, Wood
  • Basement: CrawlSpace
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Cooling: Yes
  • Cooling: Electric, OneUnit
  • Heating: Yes
  • Heating: Electric
  • Furnished: Furnished
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: One, Gas, Stone, Vented
  • Laundry Features: MainLevel
  • Appliances: BuiltInOven, Dryer, Dishwasher, GasCooktop, Microwave, Refrigerator, Washer
  • Interior Features: WetBar, Furnished

Property History for 500 Laurel Ridge Lane, Unit B1

DateEvent & SourcePriceAppreciation
Sep 29, 2026

Listed (Active)

High Country Association of REALTORS #264589

$960,000—
Nov 25, 2025

Closed (Public Record)

Public Record #1920786208

$825,000

+8.3% / yr

Oct 12, 2021

Closed (Public Record)

Public Record #1474287494

$595,000—
DateEvent & SourcePrice
09/29/2026

Listed (Active)

High Country Association of REALTORS #264589

$960,000
11/25/2025

Closed (Public Record)

Public Record #1920786208

$825,000

+8.3% / yr

10/12/2021

Closed (Public Record)

Public Record #1474287494

$595,000

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

Public records

500 Laurel Ridge Lane, Unit B1

Beds

2

Baths

2

Total Finished SqFt

1,600 SqFt

Above Grade Finished SqFt

1,600 SqFt

Stories

1

Lot Size

43,560 SqFt

Schools near 500 Laurel Ridge Lane, Unit B1

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.

Similar Homes

Explore Nearby Homes

500 Laurel Ridge Lane, Unit B1 is a condo for sale in Banner Elk, NC 28604. This property was listed for sale on September 29, 2026 by Elk River Realty, it's currently listed at $960,000. It has been on the market for a total of 9 days and was last sold on November 25, 2025. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Cranberry Middle School and Avery County High School. 500 Laurel Ridge Lane, Unit B1 is a 2-bed, 2-bath, 1,569 sqft condo built in 1986.

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 Elk River 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.