This 3-bedroom, 2-bath home offers an exceptional combination of location and scenic views. Situated just minutes from Banner Elk and the Beech Mountain community, the property promises stunning long-range mountain views. This single level home features a large living room, dedicated dining area, a galley style kitchen with all appliances and conveniently adjacent laundry room. Oversized master suite with large walk-in closet has a full bathroom with a double sink vanity, soaking tub, and walk-in shower. Spacious walk-in closets for additional 2 bedrooms provide ample storage. Updated luxury vinyl flooring throughout home offers easy maintenance. Exterior features low maintenance vinyl siding, front and rear wooden decks, and a large double carport and storage room right off the back deck. HearthRite wall mount propane heater. Fast Skyline fiber optic internet. This property combines convenience, modern comforts, and sunset views, making it a perfect home in the High Country!
Single-familyProperty Type
2007Year Built
1.02 acresLot Size
$266Est. Price/Sq.Ft.
Listed by Marion Hanes• Keller Williams High Country
3 bedroom 2 bath home located in the Banner Elk community of the NC High Country!! This single level home features a HUGE living room w fireplace, formal dining area, and a galley style kitchen w all appliances and adj laundry room. Oversized master suite w private full bathroom boasting a dbl sink vanity, soaking tub, and walk-in shower. Low maint vinyl siding, front and rear decks, and a large barn/kennel on the property. Property is owned by US Dept of HUD and is sold AS-IS/WHERE-IS with all faults. Buyer or buyers agent to verify all stats. HUD Case#381-881341. Purchase this home using FHA Financing with ALMOST NO MONEY DOWN! See your agent for details. Property is eligible for FHA Insured Escrow financing pending updated appraisal. Seller will contribute up to 3% of purchase price for buyers closing costs if requested with offer submission. EQUAL HOUSING OPPORTUNITY
Year
Property tax
Land + Additions
Assessment*
2025
$526
$42,800 + $88,700
$131,500
2024
$526
$42,800 + $88,700
$131,500
2023
$526
$42,800 + $88,700
$131,500
2022
$526 (+14.4%)
$42,800 + $88,700
$131,500
2021
$460
$25,700 + $57,900
$83,600
2020
$460
$25,700 + $57,900
$83,600
2019
$460
$25,700 + $57,900
$83,600
2018
$460 (+3.0%)
$25,700 + $57,900
$83,600
2017
$447 (+23.0%)
$21,400 + $59,800
$81,200
2016
$363 (−14.2%)
$21,400 + $59,800
$81,200
2014
$423
$21,400 + $59,800
$81,200
Tax history for 481 Gilliam Rd
Year
Property tax
Land + Additions
Assessment*
2025
$526
$42,800 + $88,700
$131,500
2024
$526
$42,800 + $88,700
$131,500
2023
$526
$42,800 + $88,700
$131,500
2022
$526 (+14.4%)
$42,800 + $88,700
$131,500
2021
$460
$25,700 + $57,900
$83,600
2020
$460
$25,700 + $57,900
$83,600
2019
$460
$25,700 + $57,900
$83,600
2018
$460 (+3.0%)
$25,700 + $57,900
$83,600
2017
$447 (+23.0%)
$21,400 + $59,800
$81,200
2016
$363 (−14.2%)
$21,400 + $59,800
$81,200
2014
$423
$21,400 + $59,800
$81,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.02 Acres
Year renovated
2007
Sq. Ft.
1,620
Year built
2007
Style
Single Family Residential
County
Avery County
APN
18590905405700000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Property details
Parking
Parking/Garage Information
Has Carport
Parking Features: Carport
Interior
Bathroom Information
# of Full Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Heat Pump
Has Heating
Heating: Electric, Heat Pump, Other, Space Heater, See Remarks, Wall Furnace