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For sale
  • Price cut: $40K (4/21)
    $449,000

    265 Trout Lake Road, Deep Gap, NC 28618

    3beds
    1,706sqft
    : 
    Single Family Residence
    Built in 1972
    1.09 Acres Lot
    $-- Zestimate®
    $263/sqft
    $166/mo HOA

    What's special

    Stone fireplaceScenic trout lakeAmple drivewayBreakfast barExpansive lake frontageWooded privacyGame table
    Turnkey, furnished and lakefront—265 Trout Lake Road offers the ultimate High Country retreat in Powder Horn Mountain, just minutes from Boone, Blowing Rock and everything the Blue Ridge Mountains have to offer. This updated mountain escape is ideally on a private 1.2-acre double lot, recombined to ensure only one POA fee, with expansive lake frontage, wooded privacy and calming sound of a nearby stream. Enjoy every season from the covered porch overlooking scenic Trout Lake or cast a line off your deck before warming up by the fire pit. With fiber internet and central air, the home offers modern comfort in a rustic setting—ideal for full-time living, a seasonal getaway or an investment as a short- or long-term rental. The main-level design includes three bedrooms and two baths, including a lakeside primary suite with en-suite bath and direct porch access. The kitchen features updated appliances and a breakfast bar that opens into a dining area with lake views. A stone fireplace—fitted with gas log inserts but easily returned to wood-burning—anchors the spacious living room, which also includes space for a game table or reading nook. Recent improvements include new carpet in the bedrooms, water heater, washer and dryer, refrigerator, stove, microwave, central air, heat pump, PEX plumbing, a 200-amp electrical panel and high-speed fiber internet. The ample driveway ensures easy access and guest parking. Within the gates of Powder Horn Mountain, enjoy amenities including a renovated clubhouse, fitness center, pool, tennis and pickleball courts, trout fishing, hiking trails, chapel and campground. The gated entry is monitored. Though lakeside, the property is not in a floodplain and has no history of flood damage, according to the owner. Peaceful, well-appointed and ready to enjoy, this rare offering combines nature, comfort and investment potential in one of the High Country’s charming and amenitized communities.
    301 days
    |
    1,083
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Auten 828-406-2937,

    Premier Sotheby's International Realty- Banner Elk

    Source: High Country AOR,MLS#: 256647MLS LogoOriginating MLS: High Country Association of Realtors Inc.

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
      • Laundry: Washer Hookup, Main Level
      Features
      • Furnished
      • Basement: Crawl Space,Unfinished
      • Number of fireplaces: 1
      • Fireplace features: One, Other, See Remarks, Stone
      • Furnished: Yes
      Interior area
      • Total structure area: 2,608
      • Total interior livable area: 1,706 sqft
      • Finished area above ground: 1,706
      • Finished area below ground: 0
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      Property

      Parking
      • Parking features: Driveway, Gravel, Private
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Multiple
      • Exterior features: Fence, Fire Pit, Gravel Driveway
      • Pool features: Community
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s), Trees/Woods, Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake, Lake Front, Lake Privileges, Pond
      Lot
      • Size: 1.09 Acres
      Details
      • Parcel number: 2859609357000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Foundation: Basement
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1972

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Community/Coop
      • Utilities for property: High Speed Internet Available, Septic Available

      Community & HOA

      Community
      • Features: Clubhouse, Fitness Center, Fishing, Gated, Pickleball, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
      • Subdivision: Powder Horn
      HOA
      • Has HOA: Yes
      • HOA fee: $1,988 annually
      Location
      • Region: Deep Gap

      Financial & listing details

      • Price per square foot: $263/sqft
      • Tax assessed value: $154,400
      • Annual tax amount: $1,161
      • Date on market: 7/3/2025
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/21/2026Listed for sale$449,000-8.2%$263/sqft
        Source: High Country AOR #256647 Report a problem
        3/3/2026Contingent$489,000$287/sqft
        Source: High Country AOR #256647 Report a problem
        1/23/2026Price change$489,000-2%$287/sqft
        Source: High Country AOR #256647 Report a problem
        9/23/2025Price change$499,000-5.7%$292/sqft
        Source: High Country AOR #256647 Report a problem
        7/29/2025Price change$529,000-3.6%$310/sqft
        Source: High Country AOR #256647 Report a problem
        7/3/2025Listed for sale$549,000$322/sqft
        Source: High Country AOR #256647 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2013-- $154,400
        2012-- $154,400
        2011-- $154,400 +1.9%
        2010-- $151,500

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $2,523/mo
        Principal & interest
        $2204
        HOA Fees
        $166
        Property taxes
        $153
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          Climate risks

          Neighborhood: 28618

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

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