HUGE PRICE IMPROVEMENT! PRIMO LOCATION! Welcome home to the “O’Connell Estate”a rare opportunity to own a beautiful HIGH-END CUSTOM-BUILT mountain home in one of the most coveted locations on Beech Mountain. This IS the "sweet spot" on the mountain where properties in this area seldom hit the market and very few of them offer this extraordinary combination of MULTI-STATE LONG-RANGE & GOLF COURSE VIEWS + DIRECT ACCESS to the prestigious Beech Mountain Golf Course. This architectural masterpiece offers 5 BEDROOMS - 3 FULL BATHS plus two 1/2 baths featuring LEVEL-ENTRY on 1.28 acres (two lots) with a paved driveway and TWO garages. This is the ONLY home currently available that delivers this caliber of views and a centralized location on the mountain. "O'Connell Estate" offers 4,347 sq ft of finished living area PLUS an additional 2,255 sq ft of HEATED basement (total of 6,602 sq ft) where you could create a game room, gym, home theater or anything you envision! The main level offers effortless living and an open floor plan with direct access to the expansive covered deck, where breathtaking Northeast mountain sunrises become part of your everyday lifestyle. The rustic interior features 150-year-old reclaimed beams, wood flooring plus a floor to ceiling stone gas-log fireplace, stereo surround sound and a spacious dining area. The kitchen is a chef's dream with granite countertops & backsplash, 2 ovens, a large walk in pantry and a custom-built center island accommodating 6 comfortably. The primary bedroom suite has a spa-like bathroom with heated tile floors, a Waterford chandelier, his/her sinks, walk-in shower and custom cabinetry. There is a 1/2 bath for guests which also has a petite Waterford chandelier. The lower level is an entertainer’s dream, featuring a second family room with gas-log fireplace, 4 guest bedrooms (1 is currently being used as an office) and 2 full baths ideal for visiting family & friends. Your guests can also enjoy the views from their private covered deck. Venture down to the 3rd level where the heated basement has a workshop, storage, 1/2 bath and garage. Other amenities include a dedicated laundry room on main level, CENTRAL A/C (main level), NEW ROOF (2025) & Kohler whole-home generator, heated garages, humidifier and Trex decking (upper deck). The Beech Mountain club membership is current (a $35,000 value) and transfers to buyer at closing granting access to member-only amenities, including FINE DINING, championship golf, an outdoor swimming pool, a fully equipped fitness center & pickleball/tennis courts. Simply put, you will not find a better-built home on Beech Mountain that has this location, these views and this level of unmatched craftsmanshipthan the O’Connell Estate. Come see for yourself why this is a home your family will cherish for generations to come.
Single-familyProperty Type
2004Year Built
1.28 acresLot Size
$408Price/Sq.Ft.
1 car garageParking
Listed by Cindy Giarrusso• Blue Ridge Realty & Investment
Bought with Cindy Giarrusso• Blue Ridge Realty & Investment
Est. $4,039 per month, based on comparable rentals
Sale and tax history for 132 Grassy Gap Loop Rd
Sale History
Tax History
Date
Event
Price
HCMLS #262386
Sep 25, 2026
Sold
$1,775,000
$408/sq ft
Jul 29, 2026
Contingent
—
Jul 10, 2026
Price Changed
$2,100,000
$483/sq ft
Jun 11, 2026
Listed
$2,300,000
$529/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,087 (−64.3%)
$38,100 + $1,133,100
$1,171,200
2024
$11,440
$38,100 + $1,133,100
$1,171,200
2023
$11,440 (−2.8%)
$38,100 + $1,133,100
$1,171,200
2022
$11,769 (+72.7%)
$38,100 + $1,133,100
$1,171,200
2021
$6,813
$60,000 + $533,200
$593,200
2020
$6,813
$60,000 + $533,200
$593,200
2019
$6,813 (+4.6%)
$60,000 + $533,200
$593,200
2018
$6,516
$60,000 + $533,200
$593,200
2017
$6,516 (+236.6%)
$60,000 + $533,200
$593,200
2016
$1,936
$60,000 + $533,200
$593,200
2015
$1,936
$60,000 + $533,200
$593,200
2014
$1,936
$60,000 + $533,200
$593,200
Public record
Beds
3
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
—
Sq. Ft.
4,763
Year built
2002
Style
Single Family Residential
County
Watauga County
APN
1940967616000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 1
Parking Features: Paved, Driveway, Garage, Other, Private, See Remarks
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
# of Half Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Fireplace(s), Propane
Interior Features
Interior Features: Wet Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), High Speed Internet
Window Features: Window Treatments
Appliances: Oven, Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Gas, Stone, Propane
Room Information
Laundry Features: Main Level
Has Basement
Basement Details: Crawl Space, Exterior Entry
Exterior
Exterior Features
Patio And Porch Features: Covered
Roof: Asphalt, Shingle
Pool Information
Pool Features: Community
Building Information
Above Grade Finished Area: 2,092
Below Grade Finished Area: 2,255
Levels: Three Or More
# of Stories Total: 3
Construction Materials: Wood Siding, Fiber Cement, Stone, Stucco, Frame
Property Features
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: Public Maintained Road
Lot Size : 1.28
Lot Size Area: 1.28
Lot Size Units: Acres
Lot Size Acres: 1.28
Additional Parcels Description: 1940-96-8864-000
Financial
Tax Information
Tax Annual Amount: $11,780
Utilities
Utility Information
Water Source: Public
Electric: Generator
Sewer: Public Sewer
Location
Schools Information
Elementary School: Valle Crucis
High School: Watauga
Location Information
Subdivision Name: Grassy Gap Golf Course
Community Information
Community Features: Pool, Fitness Center, Golf, Lake, Tennis Court(s)
Public facts
Beds: 3
Baths: 3.5
Sq. Ft.: 4,763
Stories: 2.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 2002
Year Renovated: —
County: Watauga County
APN: 1940967616000
Home facts updated by county records on Jul 20, 2026
Other
Listing Information
List AOR: HighCountryAssociationOfRealtorsInc
Around this home
Schools
Valle Crucis Elementary
Public PreK-8 • Assigned • 12.5mi
7/10
Watauga High
Public 9-12 • Assigned • 12.9mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
0 hot days expected this year, 0 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Beech Mountain, NC • 28604
Average low and high temperatures (°F)
32
17
42
25
53
35
61
44
63
47
71
56
74
61
66
56
65
52
58
42
49
35
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
This home ranks in the top 19% for direct sun exposure in Beech Mountain. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.34M – $1.62M
Sell confidently with a local market expert in Beech Mountain.