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Mill Ridge
1/48
$684k

$683,770

Sold: $660,000-3%

298 Basswood Road

Banner Elk, NC 28604

3Beds
3Baths
2,244Sq Ft
1986Built

About This Property

This Property Has Been Sold

This property sold 2 years ago and is no longer available for purchase.

View active listings in Mill Ridge

Escape to mountain paradise in this stunning Foscoe home perched atop a ridge with sweeping eastern and western seasonal views, including the iconic profile of Grandfather Mountain. Nestled in the Mill Ridge subdivision, enjoy abundant community perks such as a pool, tennis courts, trails, fishing spots, and more.

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This meticulously maintained home features 3 bedrooms, 3.5 baths, and boasts a hot tub, sauna, wood floors, and exterior accent lighting. The chef's kitchen is a culinary dream with a gas range, quartz countertops, wormy chestnut accents, and a wet bar with custom grandfather mountain wood carving.

Currently operated as a successful short-term rental, this fully furnished home is ready to serve as your personal retreat or income-generating property. Designed with electric baseboard heat and strategically positioned to maximize natural sunlight in winter, it offers both comfort and efficiency year-round.

CAR MLS # 218769272

Quick Facts

Time on Site

2 years ago

Property Type

Residential

Year Built

1986

Price/Sq.Ft.

$305

Property Details
Bedrooms:
3
Bathrooms:
3
Living Area:
2,244 SqFt
Sub-Type:
SingleFamilyResidence
Schools
Elementary:
Valle Crucis
Middle:
Valle Crucis
High:
Watauga
School assignments may change. Contact the school district to confirm.

Features & Amenities

Features:
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Sauna
  • Storage
  • Walk-In Closet(s)
  • Wet Bar

Location & Map

Address

298 Basswood Road, Banner Elk, NC 28604

Community

Mill Ridge

Map View

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Additional Information

Utilities

Sewer
  • Private Sewer
Utilities
  • Cable Available
Water Source
  • Community Well

Lot And Land

Lot Features
  • Private
  • Wooded
  • Views
Lot Size Units
Acres

Agent Contacts

Listing Agent
Listing agent: Tom Drake (704-703-7282)
Listing Office
Listing provided courtesy of: Purple Tree LLC (704-766-1640)
Request Showing
  • Palmetto Park Realty Team Fort Mill: 803.548.6123
Source Identification
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record. Learn more.

Interior Details

Heating
  • Baseboard
Flooring
  • Tile
  • Wood
Sq Ft Main
1088
Room Count
11
Sq Ft Lower
0
Sq Ft Third
0
Sq Ft Upper
0
Bedroom Main
1
Full Bath Main
1
Half Bath Main
1
Half Bath Lower
0
Half Bathrooms
1
Bedroom Basement
2
Total Bathrooms
4
Full Bath Basement
2
Laundry Features
  • Laundry Room
Sq Ft Unheated Main
0
Interior Features
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Sauna
  • Storage
  • Walk-In Closet(s)
  • Wet Bar
Main Level Garage Y N
0
Security Features
  • Carbon Monoxide Detector(s)
  • Smoke Detector(s)
Sq Ft Unheated Total
220
Fireplace Features
  • Fire Pit
Sq Ft Total Property H L A
2244
Sq Ft Unheated Basement
220

Exterior Features

Roof
  • Composition
Exterior Features
  • Fire Pit
  • Hot Tub
Construction Materials
  • Wood
Patio And Porch Features
  • Covered
  • Patio
  • Porch
  • Rear Porch
  • Side Porch

Parking And Garage

Open Parking
true
Parking Features
  • Driveway
  • Electric Vehicle Charging Station(s)
Open Parking Spaces
8

Waterfront And View

View
  • Long Range
  • Mountain(s)

Financial Information

City Taxes Paid To
Banner Elk
H O A Subject To Dues
Mandatory

Dwelling And Structure

Accessibility Features
  • Two or More Access Exits

Basement And Foundation

Basement
  • Finished
Foundation Details
  • Basement

Zoning And Restrictions

Zoning Specification
R

Square Footage And Levels

Levels
  • Two
Above Grade Finished Area
1088
Below Grade Finished Area
1156

Additional C A R Information

Assumable
No
Auction Y N
0
C C R Subject To
Undiscovered
Owner Agent Y N
1
Deed Reference
2264-837
Construction Type
Site Built
Attribution Contact
Mls Major Change Type
Closed
Down Payment Resource Y N
1
Attribution Type Listing
List Agent Email
Green Verification Count
0
Syndicate Participation
Participant Options
Association Annual Expense
1980.00
Canopy MLS

IDX information is provided exclusively for consumers' personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement. Based on information submitted to the MLS GRID as of Wed, Dec 10, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner. Please send DMCA notices to: [email protected]

$683,770 - 3 Bed, 3 Bath Home - 298 Basswood Road, Banner Elk, NC 28604 | Palmetto Park Realty