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$605,456

Listing Price

3beds

3baths

1,832sqft

41,381sqft lot

132 Heather Ln, 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

Single Family

Home type

330.49

Price / sqft

2006

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

Square Feet
  • 1832

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 41381

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
  • N/A

Exterior
  • Concrete

Foundation
  • N/A

Roof
  • Cathedral/clerestory

Roofing Material
  • 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

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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

3 Beds

3 Baths

1,832 Sqft

41,381 Lot (sqft)

Sold 10/13/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
605,456
$
Down payment
121,091.20
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,632.73
$
HOA (Monthly)
0
$
PMI
0
$
$3,919
Your Payment
Total Monthly Payment:$3,919
Percent of Income:67%
Affordable:No

Details for 132 HEATHER LN

Property Debt

Foreclosure Contact Details

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