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For sale
  • $349,900

    560 Laurel Ridge Road, Banner Elk, NC 28604

    2beds
    600sqft
    : 
    Single Family Residence
    Built in 1973
    5,227.2 Square Feet Lot
    $343,900 Zestimate®
    $583/sqft
    $175/mo HOA

    What's special

    Tucked-away settingWraparound deckElevated treehouse-like experienceInviting interiorUnique circular design
    Tucked among the trees with a true treehouse feel, this charming roundhouse retreat in Mill Ridge captures the kind of mountain escape buyers are searching for—cozy, distinctive, and built for both enjoyment and income potential. This 2-bedroom, 1-bath home stands out with its unique circular design and inviting interior, creating a warm, memorable space that guests love. Currently operating as a proven short-term rental, it offers strong appeal as a guest-favorite retreat with income potential and flexibility for personal use. Financials available upon request. Inside, the efficient layout lives comfortably with a natural flow between living, dining, and kitchen spaces—great for unwinding after a day in the mountains. Large windows bring in natural light and reinforce that elevated, treehouse-like experience that photographs beautifully and keeps guests coming back. Step outside to the wraparound deck and you’ll immediately see why outdoor living is the highlight—surrounded by woods and offering a tucked-away setting that’s hard to find. It’s a great spot for morning coffee, evening drinks, and seamless indoor–outdoor living. Located in the amenity-rich Mill Ridge community with access to a pool, playground, and tennis courts, and just minutes to Sugar Mountain, Beech Mountain, Banner Elk dining, and Boone—plus endless hiking and outdoor adventure—this property is positioned for both personal enjoyment and consistent rental demand. A low-maintenance, proven performer in one of the High Country’s most desirable areas—ready for immediate use, rental, or both.
    6 days
    |
    1,290
    |
    45
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 31, 2026 at 09:34am

    Listed by:

    Thomas Drake (828)262-1990,

    RE/MAX Realty Group

    Source: High Country AOR,MLS#: 260579MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Baseboard, Electric, Gas, Radiant, Wood
      Cooling
      • None
      Appliances
      • Included: Electric Range, Refrigerator
      • Laundry: Main Level
      Features
      • Basement: Partial
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 600
      • Total interior livable area: 600 sqft
      • Finished area above ground: 600
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway, Gravel, No Garage, Private
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Wrap Around
      • Exterior features: Gravel Driveway
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 5,227.2 Square Feet
      Details
      • Parcel number: 1888051529000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Dome
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Foundation: Basement
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1973

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Mill Ridge
      HOA
      • Has HOA: Yes
      • HOA fee: $175 monthly
      Location
      • Region: Banner Elk

      Financial & listing details

      • Price per square foot: $583/sqft
      • Tax assessed value: $160,100
      • Annual tax amount: $509
      • Date on market: 3/27/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved
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        Estimated market value

        $343,900

        $327,000 - $361,000

        $1,410/mo

        Price history

        Price history
        DateEventPrice
        3/27/2026Listed for sale$349,900-68.2%$583/sqft
        Source: High Country AOR #260579 Report a problem
        6/23/2006Sold$1,100,000$1,833/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$692 $160,100
        2023$692 +3.4%$160,100
        2022$669 +27%$160,100 +62.2%
        2021$527 $98,700
        2020$527 $98,700
        2019$527 $98,700
        2018$527 +10.3%$98,700
        2017$478 +9%$98,700 +10.5%
        2013$438 $89,300
        2012-- $89,300
        2011-- $89,300
        2010-- $89,300

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,023/mo
        Principal & interest
        $1728
        HOA Fees
        $175
        Property taxes
        $120
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          Climate risks

          Neighborhood: 28604

          Getting around

          4 / 100
          Car-Dependent
          1 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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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