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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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560 Laurel Ridge Rd , Banner Elk, NC 28604
$344,900
Est. Payment: $1,777.34/mo
2 Bed
1 Bath
600 Sqft
Status: active | Days on site: 21
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Tucked among the trees with a true treehouse feel, this charming roundhouse retreat in Mill Ridge captures the kind of mountain escape buyers are searching for—cozy, distinctive, and built for both enjoyment and income potential. This 2-bedroom, 1-bath home stands out with its unique circular design and inviting interior, creating a warm, memorable space that guests love. Currently operating as a proven short-term rental, it offers strong appeal as a guest-favorite retreat with income potential and flexibility for personal use. Financials available upon request. Inside, the efficient layout lives comfortably with a natural flow between living, dining, and kitchen spaces—great for unwinding after a day in the mountains. Large windows bring in natural light and reinforce that elevated, treehouse-like experience that photographs beautifully and keeps guests coming back. Step outside to the wraparound deck and you’ll immediately see why outdoor living is the highlight—surrounded by woods and offering a tucked-away setting that’s hard to find. It’s a great spot for morning coffee, evening drinks, and seamless indoor–outdoor living. Located in the amenity-rich Mill Ridge community with access to a pool, playground, and tennis courts, and just minutes to Sugar Mountain, Beech Mountain, Banner Elk dining, and Boone—plus endless hiking and outdoor adventure—this property is positioned for both personal enjoyment and consistent rental demand. A low-maintenance, proven performer in one of the High Country’s most desirable areas—ready for immediate use, rental, or both.

Highlights

Listed by Tom Drake , 828-929-4444 RE/MAX Realty Group , 828-262-1990. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.12

HOA Fee

175 Monthly

Year Built

1973

County

Watauga

Neighborhood

Mill Ridge

Listing ID

4363770

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Electric Range, Refrigerator
Above Ground Sq Ft:600
Below Ground Sq Ft:0
Other:Has Fireplace
Other:Community Well

Exterior Features

Zoning:R
Sewer:Private Sewer
Parking Features:Driveway,Parking Space(s)
Principal Interest
$1,777
Taxes
$220
HOA
$175

Home Price

$344,900

Loan Details

30 yrs
6.683%

Down Payment

20%
$68,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,777.34

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,777.34 $219.87 $175.00 $2,172.21
Yearly $21,328.09 $2,638.49 $2,100.00 $26,066.57
Total $639,842.65 $79,154.55 $63,000.00 $781,997.20

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Banner Elk, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Dream Team United | Keller Williams Connected | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T18:02:06.000Z

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