Sold for $1,110,000 on 03/20/23
$1,110,000
306 Signature Ridge Road, Banner Elk, NC 28604
4beds
3,202sqft
Single Family Residence
Built in 2021
1.44 Acres Lot
$1,226,700 Zestimate®
$347/sqft
$5,040 Estimated rent
Home value
$1,226,700
$1.14M - $1.31M
$5,040/mo
Zestimate® history
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Owner options
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What's special
This is a new, turn-key, income-producing property. This is offered fully furnished with a rental history thru Evolve rentals. The home was built by the local contractor in 2021, and the workmanship is totally amazing! The huge, vaulted ceiling, with old barn roof metal, is a great addition. Also included is a grill and hot tub located on the back deck. If you would like to you can take a stroll down to Laurel Creek at the edge of the backyard and toss in a line. Only 5 miles to Banner Elk, and 6 miles to Valle Crucis, this is a must-see home for the investor or the fulltime resident. Signature Ridge is nestled in the Cool Springs community with a common area that includes a Koi Pond and trout fishing in Laurel Creek. You do not want to miss this home!
Zillow last checked: 8 hours ago
Listing updated: March 20, 2023 at 02:16pm
Listed by:
Allen Yates 828-964-0089,
Allen Yates Realty
Bought with:
Tammy Taylor, 294193
EXP Realty LLC
Source: High Country AOR,MLS#: 239828
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric, Forced Air, Fireplace(s), Gas, Heat Pump, Propane
Cooling
- Heat Pump, 1 Unit, Zoned
Appliances
- Included: Dryer, Dishwasher, Exhaust Fan, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Features
- Furnished, Hot Tub/Spa, Vaulted Ceiling(s)
- Windows: Double Pane Windows
- Basement: Full,Finished,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Two, Gas, Stone, Propane
- Furnished: Yes
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,202 sqft
- Finished area above ground: 2,081
- Finished area below ground: 1,121
Property
Parking
- Total spaces: 1
- Parking features: Attached, Driveway, Garage, One Car Garage, Gravel, Private
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Multiple
- Exterior features: Hot Tub/Spa, Gravel Driveway
- Has spa: Yes
- Spa features: Hot Tub
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: Creek, Pond, Stream
Lot
- Size: 1.44 Acres
Details
- Parcel number: 1960531665
- Zoning description: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Mountain,Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Architectural,Shingle
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Septic Permit 4 Bedroom
- Water: Private, Well
- Utilities for property: High Speed Internet Available
Community & neighborhood
Community
- Community features: Long Term Rental Allowed, Short Term Rental Allowed
Location
- Region: Banner Elk
- Subdivision: Signature Ridge
HOA & financial
HOA
- Has HOA: No
- HOA fee: $250 annually
Other
Other facts
- Listing terms: Cash,Conventional,New Loan,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2023 | Sold | $1,110,000-7.5%$347/sqft |
Source: | ||
| 2/7/2023 | Contingent | $1,199,999$375/sqft |
Source: | ||
| 11/7/2022 | Price change | $1,199,999-7.7%$375/sqft |
Source: | ||
| 10/3/2022 | Listed for sale | $1,300,000$406/sqft |
Source: | ||
| 9/16/2022 | Listing removed | -- |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,692 | $703,500 |
| 2023 | $2,692 +0.9% | $703,500 |
| 2022 | $2,669 +1877.1% | $703,500 +2260.7% |
Find assessor info on the county website
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 2.9 mi
- 8/10Watauga HighGrades: 9-12Distance: 10 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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