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$1,150,000

Listing Price

4beds

5baths

3,200sqft

108,900sqft lot

358 Falling Waters Way, Banner Elk, NC 28604

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

319.18

Price / sqft

2022

Year built

Home Details

This is your opportunity to own a custome log home in the tranquil Falling Waters community, nestled near the charming Valle Crucis community. This custom-built log home is currently under construction, allowing you to personalize it and make it your own mountain paradise. Year-round living: As a primary residence, enjoy the beauty of the mountains and create a haven you can call your own.Family retreat: Imagine cozy nights by the fireplace and adventures in the surrounding nature. Income potential: Looking for an investment? This cabin's prime location and rustic charm make it a great opporunity for short-term rentals. At this stage in construction, you could choose many of the finishes, transforming this house into your dream mountain escape.

Interior Details

Square Feet
  • 3200

Bedrooms
  • 4

Bathrooms
  • 5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 108900

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Rustic

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$421

$93,000

$0

--%

$93,000

2019

$421

$93,000

$0

--%

$93,000

2017

$374

$93,000

$0

--%

$93,000

2017

$374

$93,000

$0

--%

$93,000

2015

$337

$93,000

$0

--%

$93,000

2013

$499

$93,000

$0

--%

$93,000

2013

$499

$137,500

$0

--%

$137,500

2011

$586

$137,500

$0

--%

$137,500

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Average Home Price in 28604

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$921,982

3 Beds

2.5 Baths

2,746 Sqft

17,424 Lot (sqft)

Sold 07/15/2026

$1,150,000

4 Beds

5 Baths

3,200 Sqft

108,900 Lot (sqft)

Sold 10/06/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,150,000
$
Down payment
230,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
6,900
$
HOA (Monthly)
0
$
PMI
0
$
$7,444
Your Payment
Total Monthly Payment:$7,444
Percent of Income:128%
Affordable:No

Details for 358 FALLING WATERS WAY

Property Debt

Foreclosure Contact Details

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