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$495,000

Beds
2
Baths
2.0
sq ft
1,295

87 Cabin Cove, Banner Elk, NC 28604

87 Cabin Cove

Banner Elk, NC 28604

  • 20 days on market
Escape to this charming two bedroom, two bathroom mountain home, just three miles from downtown Banner Elk! Nestled in a serene wooded setting, this inviting home offers the perfect blend of comfort and adventure. Step inside to an open-concept living space featuring vaulted ceilings and large windows that fill the home with natural light. The spacious kitchen is fully equipped with stainless steel appliances, updated countertops, and a large dining table for cooking and entertaining. Flow seamlessly into the inviting living area, where a wood burning stove creates a warm and cozy ambiance. The primary bedroom has a large walk in closet and ensuite bathroom. The second bedroom is equally inviting, featuring a queen-size bed and plenty of storage. The additional space off of the kitchen is the perfect spot for a home office. Step outside and unwind in the private hot tub, gather around the outdoor fire pit, or enjoy the fresh mountain air from the fenced-in backyard, perfect for pets or little ones. Conveniently located near ski resorts, hiking trails, wineries, and golf courses, this home is an ideal retreat for nature lovers, adventure seekers, and those looking to unwind in the beauty of the mountains. Recent upgrades include a new roof in 2024 and new paint in 2023 and generator in 2024.

Details

Property type

Single Family Residence

Est. home value

$389,699

Lot size

0.82 acres

Price per sq ft

$383

Year built

2004

Annual property taxes

$1,208

HOA

No

Price History

03/18/2025
HighCountry

HighCountry #254283

Listed
$495,000
+30.26%
06/02/2023
HighCountry

HighCountry #240264

Sold
$380,000
+72.73%
08/16/2019
HighCountry

HighCountry #211985

Sold
$220,000

Schools & Community

Elementary school: 

Banner Elk

Middle school: 

Unknown

High school: 

Avery County

Seller’s Loan History

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

Lender

United Bank

Loan start date

May 2023

Original loan amount

$280,000

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Building or Construction Loan

Seller

Home Tender Properties Llc

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 10:00 AM

Listing updated: 03/21/2025 at 7:41 AM

Listed by: Amanda Sorrow, Realty One Group Results-Banner Elk Phone #: (828) 278-7448

MLS: HighCountry #254283

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