This home's estimate is 11.5% lower than the average sale price ($473K) of 6 comparable homes.
Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate

























116 Mogul Rd, Banner Elk, NC 28604
About this home
Seller SAYS SELL. Property is AS IS. Great opportunity in Mill Ridge to own a house on TWO LOTS with TWO COMPLETE LIVING AREAS, PLUS, a huge hot tub and sauna -GREAT FOR YOURSELF OR RENTAL OR BOTH. Only two steps into the top floor with a full kitchen, dining, living, two bedrooms, full bath, full sized washer/dryer, stone fireplace and a covered deck. Steps from inside lead to first lower level with the same layout but a gas freestanding heater, stacking washer/dryer and another covered deck. Below that is a fabulous wood-floored & walled den, 4+person hot tub, half-bath and sauna with stones for steam. There is extra parking at the bottom of the lot on the street below and spill-over can park at the clubhouse. The neighbor made a great parking deck and this could be done on the EXTRA lot next door where the gas tank is if you move it. Mill Ridge has a swimming pool, river access, tennis courts and is located right between Banner Elk and Boone - perfect!
Redfin Estimate
Earn from this home
List your home for rent
Market trends in 28604, NC
Last updated July 2026
Buyer's Market
Seller's Market
Buyer's market
+0.0% MoM
See all
Provided by Redfin
Sale history for 116 Mogul Rd
$1/sq ft
$1/sq ft
$73/sq ft
$83/sq ft
Tax history for 116 Mogul Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Parking Features: Gravel, No Garage, Shared Driveway
Interior
- Bathroom Information
- # of Full Bathrooms: 2
- # of Half Bathrooms: 1
- Heating & Cooling
- Has Cooling
- Cooling: Wall/Window Unit(s)
- Has Heating
- Heating: Baseboard, Electric, Fireplace(s), Propane
- Interior Features
- Interior Features: Sauna
- Window Features: Double Pane Windows, Screens
- Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator, Washer
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Free Standing, Gas, Wood Burning
- Room Information
- Laundry Features: In Basement, Main Level
- Has Basement
- Basement Details: Finished
Exterior
- Exterior Features
- Patio And Porch Features: Covered
- Roof: Metal
- Pool Information
- Has Private Pool
- Pool Features: Outdoor Pool, Community
- Has Spa/Hot Tub
- Building Information
- Above Grade Finished Area: 1,025
- Below Grade Finished Area: 1,025
- Levels: Three Or More
- # of Stories Total: 3
- Construction Materials: Wood Siding, Frame
- Property Features
- Accessibility Features: Therapeutic Whirlpool
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: Single Family Residence
- Lot Information
- Lot Features: Wooded
- Road Surface Type: Gravel
- Road Responsibility: Public Maintained Road
- Lot Size : 0.16
- Lot Size Area: 0.16
- Lot Size Units: Acres
- Lot Size Acres: 0.16
- Additional Parcels Description: 1878967272000
- Zoning Description: Residential,Subdivision
Financial
- Tax Information
- Tax Annual Amount: $1,031.09
Location
- HOA Information
- Has Homeowners Association
- Association Fee: $165
- Association Fee Frequency: Monthly
- Derived Association Fee (Monthly): $165
- Schools Information
- Elementary School: Valle Crucis
- Location Information
- Subdivision Name: Mill Ridge
- Community Information
- Community Features: Pool, Tennis Court(s)
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 2,048
- Stories: 2.0
- Lot Size: 3,485 square feet
- Style: Single Family Residential
- Year Built: 1983
- Year Renovated: —
- County: Watauga County
- APN: 1878968117000
Other
- Listing Information
- List AOR: HighCountryAssociationOfRealtorsInc
Around this home
Schools
Public PreK-8 • Assigned • 8.4mi
Public 9-12 • Assigned • 8.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
8 days above 88° expected this year, 23 days in 30 years
Minor risk of severe winds over next 30 years
2 unhealthy days expected this year, 3 days in 30 years
Sun exposure
In this area, properties receive around 8.6 hours in June and 4.9 hours in December, placing it below the U.S. average for solar exposure.
Sell confidently with a local market expert in Banner Elk. 3 minutes to get started.
Nearby similar homes
New listings for sale in 28604
Home values near 116 Mogul Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1536 Sq. Ft. | $399,100 |
3 Beds | 2 Baths | 1091 Sq. Ft. | $390,619 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1082 Sq. Ft. | $376,580 |
1 Beds | 1 Baths | 495 Sq. Ft. | $233,547 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2227 Sq. Ft. | $420,572 |
3 Beds | 2 Baths | 2240 Sq. Ft. | $498,355 |
More real estate resources
- Cities
- Zip Codes
- Popular Searches
| Banner Elk homes for sale | |||
| Boone homes for sale | |||
| Blowing Rock homes for sale |
| 28604 homes for sale | |||
| 28605 homes for sale | |||
| 28607 homes for sale |
Find us
Subsidiaries
Affiliated Business
Copyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.


















































United States
Canada