This home's estimate is 18.3% lower than the average sale price ($286K) of 6 comparable homes.
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262 Hemlock Rd, Banner Elk, NC 28604
About this home
Deadline for all offers, highest and best, 12/16 at 5pm. Seller will respond by 12/17 12pm. Adorable and updated chalet in Mill Ridge available now! This quaint 1 Bedroom/1 Bath home offers everything you might want for a relaxing trip to the mountains. Wonderful location, beautiful views, plenty of amenities and so much more. This chalet comes furnished and allows short-term rentals. Enjoy the views from the new decks built in 2021. The upper deck has an awning that provides shade in the summer and protection form the rain, so you can enjoy the outside space in all types of weather. There is a brand new porch swing and grill on the lower deck too. Mill Ridge offers an outdoor swimming pool during the summer months, tennis courts, hiking trails, access to the Watauga River and excellent road maintenance in the winter months. A spacious closet in the bedroom provides plenty of storage and the lower level would provide for a great spot to store items likes skis, snowboards, snowshoes, fishing rods, kayaks or whatever other outdoor sporting equipment you might have! Schedule a showing today!
Redfin Estimate
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Market trends in 28604, NC
Last updated July 2026
Buyer's Market
Seller's Market
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Provided by Redfin
Sale history for 262 Hemlock Rd
$374/sq ft
$353/sq ft
Tax history for 262 Hemlock 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, Driveway, Private
Interior
- Bathroom Information
- # of Full Bathrooms: 1
- Heating & Cooling
- Has Cooling
- Cooling: Wall/Window Unit(s)
- Has Heating
- Heating: Baseboard, Electric
- Interior Features
- Interior Features: High Speed Internet
- Appliances: Dryer, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
- Has Fireplace
- Fireplace Features: Free Standing, Wood Burning
- Room Information
- Laundry Features: Washer Hookup, In Basement
- Has Basement
- Basement Details: Exterior Entry, Partially Finished
Exterior
- Exterior Features
- Patio And Porch Features: Covered
- Roof: Metal
- Pool Information
- Pool Features: Community
- Building Information
- Above Grade Finished Area: 495
- Levels: One
- # of Stories Total: 1
- Construction Materials: Wood Siding, Frame
- Property Features
- On Waterfront
- Waterfront Features: Creek, River Access, Stream, Pond
- Has View
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: Single Family Residence
- Lot Information
- Road Surface Type: Paved
- Road Responsibility: Private Maintained Road
- Road Frontage Type: Private Road
- Lot Size : 0.1
- Lot Size Area: 0.1
- Lot Size Units: Acres
- Lot Size Acres: 0.1
- Zoning Description: Residential
Financial
- Tax Information
- Tax Annual Amount: $743.65
Location
- HOA Information
- Has Homeowners Association
- Association Fee: $165
- Association Fee Frequency: Monthly
- Derived Association Fee (Monthly): $165
- Schools Information
- Elementary School: Valle Crucis
- High School: Watauga
- Location Information
- Subdivision Name: Mill Ridge
- Community Information
- Community Features: Pool, Clubhouse, Fishing, Tennis Court(s)
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 832
- Stories: 1.0
- Lot Size: 4,356 square feet
- Style: Single Family Residential
- Year Built: 1975
- Year Renovated: —
- County: Watauga County
- APN: 1878959928000
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
7 days above 88° expected this year, 22 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 262 Hemlock Rd
| Address | Redfin Estimate |
|---|---|
1 Beds | 2 Baths | 507 Sq. Ft. | $259,219 |
2 Beds | 2 Baths | 1274 Sq. Ft. | $488,950 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1456 Sq. Ft. | $335,866 |
3 Beds | 3 Baths | 1480 Sq. Ft. | $371,150 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 486 Sq. Ft. | $190,524 |
3 Beds | 2 Baths | 1056 Sq. Ft. | $341,616 |
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