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John KurtzCharlotte · NC

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Banner Elk · Banner Elk, NC

560 Laurel Ridge Road

Banner Elk, NC · 600 sqft

$344,900

Reduced from $349,900

  • 2Beds
  • 1Baths
  • 600SqFt
  • 1973Year
  • 21Days on market

About this home

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.

Property details

Beds
2
Baths
1
SqFt
600
Lot
Year built
1973
Type
Single Family
Days on market
21
Heating
Baseboard, Electric
Cooling
None
Foundation
Basement
HOA dues
$175 / mo

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$2,713/ month

Principal & interest
$2,136
Property tax (~1.05%)
$301
Homeowners insurance
$100
HOA dues
$175

Down payment

$17,245 down · $327,655 financed

Income to qualify (28% rule)

~$116,291 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.