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$409,900

Beds
3
Baths
2.0
sq ft
1,479

524 Clubhouse Dr, Banner Elk, NC 28604

524 Clubhouse Dr

Banner Elk, NC 28604

  • 15 days on market
Escape to the beauty of the High Country with this charming 3-bedroom, 2-bathroom home, perfectly situated just outside Banner Elk. Offering a peaceful retreat with easy access to top destinations, this home is good for those seeking both adventure and relaxation. Inside, a modern kitchen flows seamlessly into a cozy living area, creating an inviting space to unwind after a day in the mountains. The primary suite provides a tranquil escape, while the additional bedrooms offer ample space for guests or renters. Located just minutes from Sugar Mountain and Beech Mountain, you’ll have access to excellent skiing, hiking, and scenic mountain views. Appalachian State University is also nearby, making this a great option for alumni, students, or game-day visitors. A short drive brings you to Banner Elk’s charming downtown, where you’ll find great restaurants, shops, and local wineries. Residents enjoy a clubhouse, pool, hiking trails, basketball and tennis courts, and open grassy fields. The Watauga River provides excellent trout fishing, while the ponds attract migratory birds. Remnants of its ski resort past, including the old lift, add to its unique charm. With high demand for vacation rentals in the area, this home presents an excellent investment opportunity while allowing you to enjoy the mountain lifestyle whenever you choose. Whether you're starting your mornings with fresh mountain air or winding down by the fireplace, this home is the perfect place to create lasting memories. We are also selling the two lots across the street separately so don’t miss out—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$345,199

Lot size

3,485 sq ft

Price per sq ft

$278

Year built

1985

Annual property taxes

$1,200

Monthly HOA fee

$175

Price History

03/22/2025
CanopyMLS

CanopyMLS #4235236

Removed
$399,000
-2.66%
03/22/2025
HighCountry

HighCountry #254391

Listed
$409,900
+2.73%
03/18/2025
CanopyMLS

CanopyMLS #4235236

Listed
$399,000
-11.33%

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

$200,971
Asking price
$409,900
Closing costs (~8% of asking)
-$32,792
Est. remaining loan balance
-$176,137
Cash to seller
$200,971

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

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

September 2020

Original loan amount

$196,000

Est. remaining balance

$176,137

Interest rate

2.98%

Loan type

VA, 30 year

Seller

Kerry Kennedy and Susann Kennedy

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?

Status: Active

Tomo last checked: 04/07/2025 at 10:05 AM

Listing updated: 03/23/2025 at 3:51 PM

Listed by: Nathan Halliday, NorthGroup Real Estate LLC Phone #: (704) 412-2804

MLS: HighCountry #254391

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