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$605,456
Listing Price3beds
3baths
1,832sqft
41,381sqft lot
132 Heather Ln, Banner Elk, NC 28604
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
Home Details
Located approx a mile from the Town of Banner Elk, this charming mountain cottage sits in the highly sought-after Highlands community and offers proven income-producing potential as a high-performing short-term rental for the past three years. This fully furnished 5-bedroom, 3.5-bath Cape Cod-style home rests on nearly one acre (.95) and features a spacious open floor plan designed for comfort and entertaining. The main level includes a fully equipped kitchen, large dining area accommodating all guests at one table, and a bright living room filled with windows. A main-level bedroom with attached full bath and double closets provides convenient single-level living. Two decks on the main floor-one off the dining area and one off the living room-extend the living space outdoors. Upstairs features two bedrooms, including the primary suite with full bath, closet, and dormer seating with built-in storage. An additional bedroom offers a half bath, closet, and dormer bench/storage. The finished walkout basement adds two more bedrooms, a full bath, stackable laundry, and a converted one-car garage now serving as a game room with arcade games and movie space. Two separate basement entrances provide excellent functionality. The hot tub conveys and remains a favorite amenity for guests. This home appraised $10,000 above list price and generated $72,000 in rental income in 2024 despite significant fourth-quarter cancellations due to Hurricane Helene, projecting revenue potential near $100
Interior Details
1832
3
3
Has Heating:
Yes
Heating Type:
Heat Pump
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
Unfinished
Has Flooring:
No
Flooring Type:
Wood (unspecified)
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
41381
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Concrete
N/A
Cathedral/clerestory
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,809
$15,000
$148,000
--%
$163,000
2019
$1,625
$15,000
$131,400
--%
$146,400
2018
$1,190
$15,000
$131,400
--%
$146,400
2017
$1,706
$15,000
$136,000
--%
$151,000
2016
$675
$15,000
$136,000
--%
$151,000
2014
$786
$15,000
$136,000
--%
$151,000
2013
$37
$25,000
$147,700
--%
$172,700
0
$0
$25,000
$147,700
--%
$172,700
Average Home Price in 28604
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$661,897
3 Beds
3.5 Baths
1,754 Sqft
19,566 Lot (sqft)
Sold 08/11/2026
$649,000
2 Beds
2 Baths
1,828 Sqft
11,326 Lot (sqft)
Sold 10/18/2026
$605,456
$605,456
3 Beds
3 Baths
1,832 Sqft
41,381 Lot (sqft)
Sold 10/13/2026



