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Property Description
Welcome to your own private countryside retreat, where peaceful living, equestrian lifestyle, and exceptional investment potential come together. Nestled within a gated community in a quiet, safe neighborhood, this secluded 2-acre property offers breathtaking countryside views, mature trees, and the rare opportunity to keep up to two horses. Ideally located just minutes from the renowned Tryon International Equestrian Center and charming Tryon, this property is perfectly suited for horse enthusiasts, competitors, spectators, and visitors seeking the best of Western North Carolina living. Its highly desirable location has also produced proven vacation rental income, making it an attractive opportunity for investors or owners looking to generate supplemental revenue. The thoughtfully maintained 2494-square-foot home features 3 bedrooms and 2 bathrooms, including a beautifully renovated bathroom and fresh interior paint throughout. Spacious living areas provide comfort and flexibility for full-time living, a vacation getaway, or short-term rental use. Outdoor living is where this property truly shines. Enjoy morning coffee or evening gatherings on the screened-in porch overlooking the natural beauty of the property, host family and friends around the fire pit, or unwind beside the picturesque koi pond. The peaceful setting offers unmatched privacy while remaining conveniently close to local dining, shopping, wineries, and equestrian events. An oversized garage provides abundant space for vehicles, equipment, recreational gear, hobbies, or workshop needs. With a successful vacation rental history and additional income-producing possibilities, this property presents exceptional potential for multiple revenue streams, including double rental income opportunities. Whether you're searching for a private equestrian homestead, a mountain getaway, or an income-producing investment near one of the nation's premier equestrian destinations, this unique property offers a rare combination of tranquility, convenience, and financial opportunity. Property Highlights 2-acre equestrian property allowing up to 2 horses / Proven vacation rental income history / Potential for multiple income streams / Minutes from Tryon International Equestrian Center / Convenient to downtown Tryon, restaurants, shops, wineries, and equestrian events / 2494sq. ft. / 3 bedrooms, 2 bathrooms / Renovated bathroom / Fresh interior paint / Gated community / Quiet, safe, and private setting / Expansive scenic countryside views / Mature trees and natural surroundings / Oversized garage / Screened-in porch / Fire pit and beautiful koi pond / Double rental income potential
Full Property Details
Full Property Details for 138 Elliott Ln
General
- Price: $470,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4394425
- Updated: 6/24/2026
- Added to Site: 5 day(s) ago
Interior
- Fireplace: Yes
- Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Inside, Main Level
Parking
- Garage: Yes
- Garage Description: 540 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Attached Garage
Location
- County: Polk
- Subdivision: Green River Highlands
- Driving Directions: US-74 E to Exit 173 Union Road, Right on Coxe Rd to River Crest Pkwy. Gated Community, appointment and code required.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction: Off Frame Modular
- Exterior Const.: Vinyl, Wood
- Upper: 800 Sq. Ft.
- Main/1st Level: 1,694 Sq. Ft.
- Year Built: 2003
Lot Features
- Lot Dimensions: 2
- Street/Road Desc.: Gravel
Horse Property
- Horse Facility Desc.: Horses Allowed, Pasture
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Property ID: P114-51
- Plat: E/345
- Lot Number: 476/168
Listed by Foothills Homes and Land, LLC
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Schools
Schools serving 138 Elliott Ln
School District:Polk County Schools
| Name | Grades | Distance |
|---|---|---|
Polk Central Elementary School 2141 North Carolina 9, Mill Spring, NC 28756 | PK-5 | 5.1 mi |
Polk County Middle School 321 Wolverine Trail, Mill Spring, NC 28756 | 6-8 | 7.5 mi |
Polk County High School 1681 North Carolina 108, Columbus, NC 28722 | 9-12 | 8.5 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 138 Elliott Ln
Date
Details
Price
Change
Source
6/23/2026
Listed
$470,000
31.28%
MLS
2/10/2023
Sold
$358,000
—
Public Record
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 138 Elliott Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,100
10%
$395,249
34%
2024
$1,907
39%
$294,195
37%
2023
$1,374
3%
$215,214
—
2022
$1,330
3%
$215,214
—
2021
$1,287
20%
$215,214
27%
2020
$1,074
—
$169,419
—
2019
$1,074
7%
$169,419
—
2018
$1,006
3%
$169,419
—
2017
$972
-5%
$169,948
—
2016
$1,023
—
$169,948
—
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 138 Elliott Ln
138 Elliott Lane, Rutherfordton, NC 28139 (MLS# 4394425) is a Single Family property with 3 bedrooms and 2 full bathrooms. 138 Elliott Lane is currently listed for $470,000 and was received on June 23, 2026. Want to learn more about 138 Elliott Lane? Do you have questions about finding other Single Family real estate for sale in Rutherfordton? You can browse all Rutherfordton real estate or contact a Coldwell Banker agent to request more information.

