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$387,000
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Property Description
Tucked into the scenic beauty of the Blue Ridge Mountains of North Carolina, this inviting two-bedroom, two-bath mountain home offers the perfect blend of comfort, style, and investment potential. Located in the casual mountain community of Mill Ridge, the property captures the relaxed spirit of mountain living while providing access to sought-after amenities and outdoor recreation. Step inside to a spacious great room highlighted by soaring cathedral tongue-and-groove ceilings and an impressive stone fireplace that anchors the living space with warm mountain character. The newly remodeled kitchen features granite countertops, new appliances, and a clean, functional layout -ideal for entertaining or unwinding after a day outdoors. Recent updates include new luxury vinyl plank flooring throughout and refreshed bathrooms, giving the home a move-in-ready feel. Outside, an expansive open deck provides a front-row seat to sweeping valley and mountain views-perfect for morning coffee, evening sunsets, or gathering with friends. Mill Ridge residents enjoy a variety of amenities including a swimming pool, tennis courts, clubhouse, hiking trails, and direct access to the scenic Watauga River, well known for excellent trout fishing. With vacation rentals permitted, this mountain getaway offers flexibility as a full-time residence, second home, or income-producing investment-all within one of the most beautiful regions of the Blue Ridge. Monthly fee includes water, sewer roads, amenities.
Full Property Details
Full Property Details for 131 Hemlock Rd
General
- Price: $387,000
- HOA FEE: $175/month
- Taxes: $1,080
- Status: Active
- Type: Single Family
- Source: 2217
- MLS ID: 260348
- Updated: 3/27/2026
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Attic, Cathedral Ceiling(s), Jetted Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One, Gas, Stone
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, In Basement
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
Exterior
- Exterior Features: Storage, Gravel Driveway
- Porch/Patio/Deck: Open
Parking
- Parking Features: Driveway, Gravel, No Garage, Private
Location
- Area: 5-Watauga, Shawneehaw
- County: Watauga
- Subdivision: Mill Ridge
School Information
- Elementary School: Valle Crucis
- High School: Watauga
Community
- Community Name: 5-Watauga, Shawneehaw
- Association: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Propane
Utilities
- Sewer: Community/Coop Sewer
- Water: Community/Coop
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available
Structural Information
- Architectural Style: Mountain
- Detached/Attached: Detached
- Construction: Wood Siding, Wood Frame
- Basement Desc.: Crawl Space
- Roof: Metal
- Windows: Double Pane Windows
- Stories/Levels: 2
- Square Feet: 1,618
- Living Area: 1,618 Sq. Ft.
- Finished Total: 1,618 Sq. Ft.
- Finished Above Grnd: 1,074 Sq. Ft.
- Finished Below Grnd: 544 Sq. Ft.
- Year Built: 1986
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.36
- Lot Size: .36
- Frontage: Private Road, Paved
Water Features
- Water Front Desc.: River Access, Pond
Financial Considerations
- Association Fee: $175
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,080
- Terms: Cash, New Loan
Disclosures and Reports
- Property ID: 1888-05-4982-000
Listed by Realty One Group Results-Boone
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Schools
Schools serving 131 Hemlock Rd
School District:Watauga County Schools
| Name | Grades | Distance |
|---|---|---|
Valle Crucis Elementary 2998 Broadstone Road, Sugar Grove, NC 28679 | PK-8 | 3.9 mi |
Watauga High 300 Go Pioneers Drive, Boone, NC 28607 | 9-12 | 8.2 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 131 Hemlock Rd
Date
Details
Price
Change
Source
3/12/2026
Listed
$387,000
—
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 131 Hemlock Rd
Year
Property Taxes
Change
Tax Assessment
Change
2021
$937
-23%
$189,100
-39%
2022
$1,221
30%
$310,100
64%
2020
$937
—
$189,100
—
2019
$937
11%
$189,100
—
2017
$842
10%
$189,100
—
2015
$766
—
$189,100
—
2014
$766
2%
$189,100
—
2013
$750
—
$189,100
4%
2013
$750
—
$182,700
—
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 131 Hemlock Rd
131 Hemlock Road, Banner Elk, NC 28604 (MLS# 260348) is a Single Family property with 2 bedrooms and 2 full bathrooms. 131 Hemlock Road is currently listed for $387,000 and was received on March 12, 2026. Want to learn more about 131 Hemlock Road? Do you have questions about finding other Single Family 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.

