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$850,000 Just Listed
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Property Description
Perched on the top floor of the prestigious Laurel Ridge, this sophisticated condominium offers an unparalleled mountain lifestyle and serves as the ultimate golf getaway. Ideally situated moments from the exclusive Elk River Club amenities, the residence captures the essence of refined high-country living through elegant hardwood flooring and a sun-drenched great room anchored by a majestic floor-to-ceiling rock fireplace. For those who enjoy entertaining, the kitchen features a stylish pass-through window that connects to the expansive living and dining area, maintaining a sense of privacy while staying engaged with guests. The thoughtful floor plan leads to a serene primary sanctuary with a well-appointed private bath, while a spacious guest bedroom is complemented by a centrally located full bath that serves as both a guest bathroom and a convenient powder room. The experience is completed by a covered porch that showcases breathtaking mountain views, accessible through private entries from both the primary bedroom and the main living area.
Full Property Details
Full Property Details for 500 Laurel Ridge Ln #A3
General
- Price: $850,000
- HOA FEE: $1,231/month
- HOA FEE FREQ.: Annually
- Taxes: $1,132
- Status: Active
- Type: Condo
- Source: 2217
- MLS ID: 264509
- Updated: 9/24/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Pull Down Attic Stairs
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One, Stone, Wood Burning
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
- Tennis: Yes
- Security/Safety: 24 Hour Security
Exterior
- Porch/Patio/Deck: Covered
Parking
- Parking Features: Driveway, Paved, Shared Driveway
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: Elk River
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
- Gated community: Yes
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Community/Coop Sewer
- Water: Community/Coop
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available
Structural Information
- Architectural Style: Traditional
- Detached/Attached: Detached
- Construction: Stone, Wood Siding, Wood Frame
- Basement Desc.: Crawl Space
- Roof: Shake, Wood
- Stories/Levels: 1
- Square Feet: 1,481
- Living Area: 1,481 Sq. Ft.
- Finished Total: 1,481 Sq. Ft.
- Finished Above Grnd: 1,481 Sq. Ft.
- Year Built: 1986
Lot Features
- Property View: Golf Course, Mountain(s)
- Lot Size (Acres): 1
- Lot Size: 1
- Frontage: Private Road, Paved
- Zoning: Multi-Family, Residential
Water Features
- Water Front Desc.: Pond
Financial Considerations
- Association Fee: $14,775
- Assoc Fee Freq.: Annually
- Tax Amount: $1,132.8
- Terms: Cash, New Loan
Disclosures and Reports
- Property ID: 1848-00-47-4318-00001-03
Listed by Elk River Realty
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Schools
Schools serving 500 Laurel Ridge Ln #A3
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 2.3 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 6-8 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Laurel Ridge Ln #A3
Date
Details
Price
Change
Source
9/22/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 Laurel Ridge Ln #A3
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,133
—
$283,200
—
2024
$1,133
—
$283,200
—
2023
$1,133
—
$283,200
—
2022
$1,133
-31%
$283,200
-6%
2021
$1,654
—
$300,700
—
2019
$1,654
—
$300,700
—
2018
$1,654
-8%
$300,700
-8%
2017
$1,800
23%
$327,200
—
2016
$1,463
—
$327,200
—
2015
$1,463
-14%
$327,200
—
2014
$1,705
4%
$327,200
-19%
2013
$1,635
—
$403,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 Laurel Ridge Ln #A3
500 Laurel Ridge Lane #A3, Banner Elk, NC 28604 (MLS# 264509) is a Condo property with 2 bedrooms and 2 full bathrooms. 500 Laurel Ridge Lane #A3 is currently listed for $850,000 and was received on September 22, 2026. Want to learn more about 500 Laurel Ridge Lane #A3? Do you have questions about finding other Condo real estate for sale in Banner Elk? You can browse all Banner Elk real estate or contact a Coldwell Banker agent to request more information.

