tomo logo

$649,000

Beds
3
Baths
2.5
sq ft
2,387

1731 Lee Gualtney Rd, Banner Elk, NC 28604

1731 Lee Gualtney Rd

Banner Elk, NC 28604

  • 7 days on market
    • Price drop $41,000↓
Nestled in the picturesque town of Banner Elk, this fully furnished mountain retreat seamlessly combines rustic charm, modern amenities, and an unbeatable location. Situated on 1.61 usable acres, this property offers the perfect blend of comfort, convenience, and serenity. The open floor plan is designed for both relaxation and entertaining, featuring beautiful hardwood oak floors, vaulted ceilings, and a spacious living area anchored by a cozy fireplace—perfect for unwinding after a day of exploring the mountains. The main floor boasts a well-appointed kitchen with ample cabinet space, dining room sliding doors that lead to a sprawling deck, and a generously sized primary suite. The primary suite offers a touch of luxury with its large tub, separate shower, dual vanity, and access to the deck for morning coffee or evening stargazing. Upstairs, two additional bedrooms and a shared bathroom provide ample space for family and friends. The lower level offers an additional living room area with games, ensuring fun and entertainment for everyone. The outdoor space is equally remarkable. A large fenced area provides a safe and enjoyable space for pets, while a spacious shed offers convenient storage for landscaping tools and outdoor gear. With easy year-round access via Lee Gualtney Road, you’ll enjoy peace of mind no matter the season. This home’s location is second to none, with proximity to top destinations like the Banner Elk Winery (within walking distance), Beech Mountain, Sugar Mountain, and the charming shops and restaurants of downtown Banner Elk. Whether you’re seeking a serene mountain escape or a home close to the best attractions in the High Country, this property offers it all. Don’t miss your chance to experience the perfect mountain lifestyle!

Details

Property type

Single Family Residence

Est. home value

$706,934

Lot size

1.61 acres

Price per sq ft

$272

Year built

2002

Annual property taxes

$2,048

HOA

No

Price History

01/22/2025
HighCountry

HighCountry #252991

Price change
$649,000
-5.94%
01/18/2025
HighCountry

HighCountry #252991

Removed
$690,000
01/15/2025
HighCountry

HighCountry #252991

Listed
$690,000

Schools & Community

Elementary school: 

Valle Crucis

Middle school: 

Unknown

High school: 

Watauga

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$125,410
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$471,670
Cash to seller
$125,410

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

March 2022

Original loan amount

$499,500

Est. remaining balance

$471,670

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Michael Martinez and Giselle Urizarri

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

HighCountry
$625,000
3 bd
|
3 ba
|
1,493 sq ft
|
House

222 Grassy Gap Loop, Banner Elk, NC 28604

Pending
HighCountry
$650,000
3 bd
|
3 ba
|
2,355 sq ft
|
House

180 Bradley Blvd, Seven Devils, NC 28604

Price drop
HighCountry
$769,900
3 bd
|
2.5 ba
|
1,699 sq ft
|
House

114 Windridge Rd, Beech Mountain, NC 28604

Status: Active

Tomo last checked: 01/22/2025 at 10:55 PM

Listing updated: 01/22/2025 at 8:10 PM

Listed by: Jules Blaylock, Grandfather Realty Phone #: (828) 963-2930

MLS: HighCountry #252991

HighCountry logo