This ionic 1931 rock cottage sits nestled within the rhododendrons with back porch views of mountains, pastures and ponds. It is a one of kind property in a truly magical setting. Minutes from downtown Banner Elk, dining, shopping, restaurants and skiing.
Nestled in the valleys of Banner Elk is this 1931 rock cottage with original elements including casement windows and Chestnut wood paneling that effortlessly transitions into the inviting addition with the cathedral ceilings, chestnut custom beam ceiling, stone fireplace, spacious open living area, wet bar, and double doors accessing the covered deck. The home has a picturesque setting on 1.38 acres with a flat yard, beautiful well-established flower gardens, two water features, tree house, outbuilding, all of which lies adjacent to The Farm's ponds and pavilion area. Four bedrooms, four and a half baths with a bonus room on the second level. The home was completely restored and updated in 2003 with the following upgrades; All new beds and baths (Master bath has heated floor and steam shower), new kitchen with custom cabinets and island with separate sink, hardwood floors throughout entire 1st floor, new gas furnace/2 zone capability, two Rinnai wall mounted gas on-demand hot water heaters, covered porch with outdoor fireplace and Jenn Air SS Grill, custom built 12x12 treehouse and, garden waterfall and separate rock fish pond. Just minutes to all that Banner Elk has to offer!
Public Records
Jul 24, 2015
Sold
$790,000
$242/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,297
$200,000 + $1,113,600
$1,313,600
2024
$11,297
$200,000 + $1,113,600
$1,313,600
2023
$11,297 (+172.1%)
$200,000 + $1,113,600
$1,313,600
2022
$4,152 (−2.8%)
$200,000 + $1,113,600
$1,313,600
2021
$4,270 (−50.5%)
$140,000 + $636,400
$776,400
2020
$8,618
$140,000 + $636,400
$776,400
2019
$8,618 (+0.9%)
$140,000 + $636,400
$776,400
2018
$8,540 (+68.6%)
$140,000 + $636,400
$776,400
2017
$5,067 (+152.7%)
$75,000 + $373,400
$448,400
2016
$2,005 (−14.2%)
$75,000 + $373,400
$448,400
2014
$2,336
$75,000 + $373,400
$448,400
Tax history for 149 Farm Loop Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,297
$200,000 + $1,113,600
$1,313,600
2024
$11,297
$200,000 + $1,113,600
$1,313,600
2023
$11,297 (+172.1%)
$200,000 + $1,113,600
$1,313,600
2022
$4,152 (−2.8%)
$200,000 + $1,113,600
$1,313,600
2021
$4,270 (−50.5%)
$140,000 + $636,400
$776,400
2020
$8,618
$140,000 + $636,400
$776,400
2019
$8,618 (+0.9%)
$140,000 + $636,400
$776,400
2018
$8,540 (+68.6%)
$140,000 + $636,400
$776,400
2017
$5,067 (+152.7%)
$75,000 + $373,400
$448,400
2016
$2,005 (−14.2%)
$75,000 + $373,400
$448,400
2014
$2,336
$75,000 + $373,400
$448,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.