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$995,000

Beds
3
Baths
3.0
sq ft
1,661

49 Long Crested Drive, Banner Elk, NC 28604

49 Long Crested Drive

Banner Elk, NC 28604

  • 96 days on market
Welcome to Cloud Catcher, a stunning home nestled within The Lodges at Eagles Nest, a premier community known for its luxury mountain living. This exceptional property is a proven rental performer with Blue Ridge Rentals, making it a lucrative investment opportunity. Located in the maintenance-free section of the village, this meticulously maintained home offers hassle-free living in a picturesque setting. Boasting a prime location, Cloud Catcher is less than 10 minutes away from the charming town of Banner Elk, known for its vibrant community and array of dining, shopping, and entertainment options. Additionally, residents will find themselves just minutes away from the Great Camp area, where outdoor enthusiasts can explore hiking trails, fishing spots, and more. This one-level home features three spacious bedrooms and three bathrooms, providing ample space for family and guests. The open-concept living area is great for gatherings and features large windows that flood the space with natural light and offer breathtaking sunset views. The modern kitchen is equipped with high-end appliances, custom cabinetry, and a large island, great for preparing meals and entertaining. Step outside to the expansive deck, where you can relax and take in the scenic mountain vistas or enjoy al fresco dining with loved ones. The property also includes a hot tub, providing the perfect spot to unwind after a day of outdoor adventures. Residents of The Lodges at Eagles Nest have access to a host of amenities, including a clubhouse, fitness center, hiking trails, and more, ensuring that there is always something to do for every lifestyle. Whether you are looking for a peaceful retreat, a rental income property, or a year-round residence, Cloud Catcher offers the perfect blend of luxury, convenience, and natural beauty. Don't miss this opportunity to own a piece of paradise in the Blue Ridge Mountains.

Details

Property type

Single Family Residence

Est. home value

$653,954

Lot size

0.26 acres

Price per sq ft

$600

Year built

2023

Annual property taxes

$1

Monthly HOA fee

$420.83

Price History

08/08/2024
HighCountry

HighCountry #251245

Listed
$995,000
-17.08%
07/27/2024
HighCountry

HighCountry #247665

Removed
$1,200,000
06/30/2024
HighCountry

HighCountry #247665

Price change
$1,200,000
+26.32%

Schools & Community

Elementary school: 

Banner Elk

Middle school: 

Unknown

High school: 

Avery County

Community features: 

Fitness Center, Fishing, Gated, Tennis Court(s)

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

$489,385
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$426,015
Cash to seller
$489,385

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

Seller’s Loan History

Lender

United Community Bank

Loan start date

March 2021

Original loan amount

$463,600

Est. remaining balance

$426,015

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Matthew H West and Brandyun R West

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: Active

Tomo last checked: 11/12/2024 at 5:35 PM

Listing updated: 09/03/2024 at 5:27 PM

Listed by: Allison Schoen, Eagles Nest Realty LLC Phone #: (828) 771-9343

MLS: HighCountry #251245

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