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$629,000

Beds
2
Baths
2.5
sq ft
1,779

206 Leighway Ln, Banner Elk, NC 28604

206 Leighway Ln

Banner Elk, NC 28604

  • Pending
This three-level FULLY FURNISHED cabin retreat truly has it all! With over 200 feet of CREEK FRONTAGE just outside your door, it provides stunning mountain views and privacy. The property includes a hot tub, fire pit, and a screened-in porch, all beautifully positioned next to a creek flowing through the backyard. PRIME LOCATION—just 10 minutes from Boone—located in the heart of beautiful Valle Crucis, you'll find a charming escape surrounded by scenic beauty. Moreover, its location in the High Country is only minutes from Mast General Store, Valle Crucis Community Park, and Watauga River access. This retreat is designed to offer both relaxation and adventure, making it a perfect mountain getaway. The covered front porch overlooks a FENCED YARD with fruit trees and secluded woods. This fenced yard is excellent for your furry friends to roam free (wooden fence with mesh wire). The MAIN LEVEL boasts a spacious double-high living area with a fireplace, screened-in porch (overlooking the creek), dining area, kitchen featuring under-cabinet lighting and butcher block countertops, primary bedroom, full bath with a whirlpool tub. The UPPER LEVEL includes a loft area and half bath. The LOWER LEVEL features a bedroom, full bathroom and laundry room. Adding even more appeal to this lower level, a bonus area with a pool table, fireplace, walk-out access to covered patio with hot tub, and the creekside fire pit is splendid for entertaining. This rustic yet modern cabin has been meticulously maintained with an ABUNDANCE OF UPGRADES including new flooring, appliances, fireplace, Trane HVAC system (2023), individual owned well, water filtration system, utility shed and more. Currently used primarily as a second home with occasional rentals, this property is fully stocked, furnished, and ready to enjoy. FURNISHINGS INCLUDED, except for a few items that don’t convey. Don’t miss out on this stunning cabin—ideal as a vacation home, permanent residence, or rental investment.

Details

Property type

Single Family Residence

Est. home value

$558,747

Lot size

2.00 acres

Price per sq ft

$354

Year built

2004

Annual property taxes

$1,587.38

HOA

No

Price History

09/18/2024
HighCountry

HighCountry #251743

Pending
$629,000
09/12/2024
HighCountry

HighCountry #251743

Listed
$629,000
+156.73%
10/29/2013
HighCountry

HighCountry #174737

Sold
$245,000

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

$407,233
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$171,447
Cash to seller
$407,233

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

October 2013

Original loan amount

$220,500

Est. remaining balance

$171,447

Interest rate

4.57%

Loan type

New Conventional, 30 year

Seller

Robert P Butcher and Renee Butcher

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?

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Status: Pending/Under Contract

Tomo last checked: 11/08/2024 at 10:20 AM

Listing updated: 09/17/2024 at 9:17 PM

Listed by: Sharon Montgomery, Coldwell Banker Realty Phone #: (704) 364-3300

MLS: HighCountry #251743

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