Sold for $142,000 on 07/18/25
$142,000
196 Trout Pond Lane #2, Banner Elk, NC 28604
1beds
669sqft
Condominium
Built in 1972
-- sqft lot
$-- Zestimate®
$212/sqft
$1,659 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,659/mo
Zestimate® history
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Owner options
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What's special
Handyman Special in Mill Ridge – Great Investment Opportunity!
This 1 bedroom, 1.5 bath Mill Ridge condo offers incredible potential for the savvy buyer or investor. Featuring vaulted ceilings, bamboo flooring, and a stylish kitchen with granite countertops and stainless appliances, this home has already undergone tasteful renovations—but now needs someone to take it across the finish line.
A known crawlspace issue presents an opportunity to build equity with a bit of elbow grease. Ideal for a handyman or buyer looking for a project in a highly desirable community.
The main level boasts an open living and dining area, a convenient half bath, and a bright, airy feel throughout. Upstairs, the spacious primary bedroom features a rustic barn door and a full ensuite bath.
Mill Ridge is a pet-friendly mountain community with a wealth of amenities including a clubhouse, pool, tennis and basketball courts, volleyball, trout fishing, and hiking trails. Short- and long-term rentals are permitted, making this a great opportunity for a future rental, vacation home, or primary residence.
Located perfectly between Boone and Banner Elk, you're just minutes from restaurants, shopping, and adventure.
Zillow last checked: 8 hours ago
Listing updated: July 21, 2025 at 08:09am
Listed by:
Justin Hackler 828-264-5267,
Boone Realty
Bought with:
Ronald Kent, 268852
EXP Realty LLC
Source: High Country AOR,MLS#: 255210
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Ductless, Electric
Cooling
- Ductless
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Washer
- Laundry: Main Level
Features
- Vaulted Ceiling(s)
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 640
- Total interior livable area: 669 sqft
- Finished area above ground: 669
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 1878963555002
Construction
Type & style
- Home type: Condo
- Architectural style: Mountain,Traditional
- Property subtype: Condominium
Materials
- Wood Siding, Wood Frame
- Roof: Architectural,Shingle
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Community/Coop Sewer
- Water: Community/Coop
- Utilities for property: High Speed Internet Available
Community & neighborhood
Location
- Region: Banner Elk
- Subdivision: Mill Ridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $175 monthly
Other
Other facts
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $142,000-5.3%$212/sqft |
Source: | ||
| 6/12/2025 | Contingent | $150,000$224/sqft |
Source: | ||
| 6/5/2025 | Listed for sale | $150,000-21.1%$224/sqft |
Source: | ||
| 5/22/2025 | Listing removed | $190,000$284/sqft |
Source: | ||
| 5/13/2025 | Contingent | $190,000$284/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $580 | $129,600 |
| 2023 | $580 +4.1% | $129,600 |
| 2022 | $557 +19.3% | $129,600 +51.8% |
Find assessor info on the county website
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 3.8 mi
- 8/10Watauga HighGrades: 9-12Distance: 8.3 mi
Schools provided by the listing agent
- Elementary: Valle Crucis
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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