Sold for $490,000 on 10/27/25
Zestimate®
$490,000
88 Covered Bridge Road, Banner Elk, NC 28604
2beds
1,096sqft
Single Family Residence
Built in 1973
0.35 Acres Lot
$490,000 Zestimate®
$447/sqft
$1,734 Estimated rent
Home value
$490,000
Estimated sales range
Not available
$1,734/mo
Zestimate® history
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Owner options
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What's special
With a total of 2074 sq. ft. this beautifully updated and meticulously maintained cottage is located on the sunny south facing side of Beech Mountain just minutes from the Ski Beech, the Town of Beech Mountain, and the charming village of Banner Elk. The main entrance has a level entry. A lower drive offers level entry to all of the additional finished space downstairs. All of this contributes to this home being easy to live in! Bright and welcoming, the entry has a vaulted tongue and groove ceiling and slate tile that leads you to an open floor plan that features a large picture window with a custom awning, flooding the space with natural light. The remodeled kitchen includes stainless steel appliances, beautiful modern cabinetry, and a smart, functional layout with pull outs in the many cabinets. Original oak hardwood floors run throughout the main level, which also offers two bedrooms and a full bath. The lower level, another 1000+ sq ft not included in the official square footage due to height requirements, adds incredible flexibility. It includes a bonus room perfect for an office or guest space, a second full bath, a cozy den, a workout area, a laundry and mechanical room, and a full wall of closets for abundant storage. Recent updates in 2022 include a new roof, central AC, fresh paint inside and out, new decking, and power run to a charming detached barn style building ideal as a shop, playhouse, or outdoor storage! Outdoor living is just as impressive. Enjoy the wraparound decking, backyard fire pit, gas grill, beautiful perennial rock gardens, and a walkable, landscaped yard perfect for entertaining or relaxing in nature. High speed internet is available through Spectrum or Skyline. There is a shared well between 3 homes which has a separate meter. The home has a propane furnace with air conditioning added on 2022. The basement bath was installed by a licensed plumber but was not permitted.
This is a rare opportunity to own a move in ready mountain retreat in one of the High Country’s most desirable locations. This is truly a perfect Mountain Cottage that is in impeccable condition. A must see and will not last long!
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 08:22am
Listed by:
Marsha McManus (828)898-3500,
The Summit Group Of The Carolinas,
James Canterbury 828-260-5528,
The Summit Group Of The Carolinas
Bought with:
Patricia Combs, 220103
Combs Carolina Properties Inc
Source: High Country AOR,MLS#: 256832
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air, Gas, Propane, Wood
Cooling
- Central Air
Appliances
- Included: Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Microwave, Refrigerator
- Laundry: In Basement
Features
- Attic
- Windows: Double Hung
- Basement: Full,Interior Entry,Partially Finished,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Free Standing, Gas, Vented
Interior area
- Total structure area: 1,259
- Total interior livable area: 1,096 sqft
- Finished area above ground: 1,096
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Gravel, Private
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Multiple, Wrap Around
- Exterior features: Fire Pit, Storage, Gravel Driveway
- Has view: Yes
- View description: Trees/Woods, Southern Exposure
Lot
- Size: 0.35 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 18591035493400000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Wood Frame
- Foundation: Slab
- Roof: Architectural,Shingle
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Private Sewer, Septic Permit Unavailable, Septic Tank
- Water: Community/Coop
- Utilities for property: Cable Available, High Speed Internet Available, Septic Available
Community & neighborhood
Community
- Community features: Long Term Rental Allowed, Short Term Rental Allowed
Location
- Region: Banner Elk
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | $490,000-5.2%$447/sqft |
Source: | ||
| 10/14/2025 | Pending sale | $517,000$472/sqft |
Source: | ||
| 9/11/2025 | Contingent | $517,000$472/sqft |
Source: | ||
| 9/8/2025 | Price change | $517,000-0.2%$472/sqft |
Source: | ||
| 8/3/2025 | Price change | $518,000-0.2%$473/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,108 | $277,000 |
| 2023 | $1,108 | $277,000 |
| 2022 | $1,108 +86.2% | $277,000 +156% |
Find assessor info on the county website
Neighborhood: 28604
Nearby schools
GreatSchools rating
- 7/10Banner Elk Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 5/10Cranberry Middle SchoolGrades: 6-8Distance: 5.8 mi
- 4/10Avery County High SchoolGrades: 9-12Distance: 8.1 mi
Schools provided by the listing agent
- Elementary: Banner Elk
- Middle: Avery
- High: Avery County
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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