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Sold for $440,000
  • $440,000

    262 Ripshin Lake Road, Roan Mountain, TN 37687

    2beds
    1,844sqft
    Single Family Residence
    Built in 1959
    0.69 Acres Lot
    $457,600 Zestimate®
    $239/sqft
    $1,894 Estimated rent

    Home value

    $457,600

    $412,000 - $508,000

    $1,894/mo

    Zestimate® history
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    $3,427/mo

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    What's special

    Furnished lakefront homeHigh-speed fiber internetOpen floor planPersonal dock with boathouse
    Tucked within one of East Tennessee's most protected lakefront enclaves, 262 Ripshin Lake Road offers a rare opportunity to live immersed in nature without sacrificing comfort or convenience. This furnished, lakefront home provides direct access to the private 60-acre Ripshin Lake, a personal dock with boathouse. Tucked in among the Rhododendrons, with beautiful lake and mountain views beyond. Work from paradise with high-speed fiber internet. Designed with connection and relaxation in mind, the open floor plan features vaulted ceilings in the living room. Spacious loft/flex space for office, storage or additional sleeping area. Ownership here means more than just a home: this property is part of the Ripshin Lake Corporation, a distinctive ownership model where property owners are equal shareholders. Owners enjoy access to over 120 acres of preserved corporate land, as well as the idyllic lake itself and have a voice in maintaining the environment's integrity and future. Adjacent to Cherokee National Forest and the Roan Highlands, Ripshin Lake is framed by the soaring Unaka Ridge. For nearly 70 years, this community has offered unparalleled access to fishing, boating and hiking. Significant community improvements, including major enhancements to the dam, have been completed to meet modern regulatory standards. This is not just a home; it is your invitation to a legacy of timeless beauty, adventure and lakeside living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Auten 828-406-2937,

    Premier Sotheby's International Realty- Banner Elk

    Bought with:

    David Pittman, 332169

    High Country Resort Properties

    Source: High Country AOR,MLS#: 263452MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Propane
    Cooling
    • None
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Furnished, Window Treatments
    • Windows: Window Treatments
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: One, Stone
    • Furnished: Yes
    Interior area
    • Total structure area: 1,844
    • Total interior livable area: 1,844 sqft
    • Finished area above ground: 1,844
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Carport, Driveway, Gravel, Private
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Open
    • Exterior features: Gravel Driveway
    • Has view: Yes
    • View description: Mountain(s), Lake
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 0.69 Acres
    Details
    • Parcel number: 104C A 00300 000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1959

    Utilities & green energy

    • Sewer: Septic Permit Unavailable, Septic Tank
    • Water: Private, Well
    • Utilities for property: High Speed Internet Available, Septic Available

    Community & HOA

    Community
    • Features: Gated, Lake, Trails/Paths
    • Subdivision: Ripshin Lake Corporation
    HOA
    • Has HOA: Yes
    • HOA fee: $825 quarterly
    Location
    • Region: Roan Mountain

    Financial & listing details

    • Price per square foot: $239/sqft
    • Tax assessed value: $234,000
    • Annual tax amount: $1,275
    • Date on market: 7/24/2026
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Gravel

    Price history

    DateEventPrice
    7/24/2026Sold$440,000+78.1%$239/sqft
    Source: High Country AOR #263452 Report a problem
    7/11/2016Sold$247,000$134/sqft
    Source: TVRMLS #360387 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,275 $58,500
    2024$1,275 $58,500
    2023$1,275 +7.4%$58,500
    2022$1,188 $58,500
    2021-- $58,500 +19.7%
    2020$1,207 $48,875
    2019$1,207 $48,875
    2018$1,207 +0%$48,875
    2017$1,207 +0.8%$48,875
    2016$1,197 0%$48,875
    2015$1,197 +0.5%$48,875 +0.5%
    2014$1,191 +5.2%$48,625 +0%
    2013$1,133 +8.4%$48,614
    2012$1,045 -0.1%$48,614
    2011$1,047 -5.6%$48,614
    2010$1,108 +18.2%$48,614 +18.2%
    2009$938 +2.7%$41,140
    2008$913 +5.7%$41,140
    2007$864 $41,140
    2006$864 -18.8%$41,140 -1%
    2005$1,064 +58.3%$41,572 +58.3%
    2004$672 +15.3%$26,265
    2002$583 $26,265
    2001-- $26,265 -75%
    2000-- $105,060
    Find assessor info on the county website

    Neighborhood: 37687

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: TN

    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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