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About This Home
This 2-bedroom, 1-bathroom single family at 560 Laurel Ridge Road in Banner Elk, NC is listed for $344,900 ($575 per sqft). Built in 1973, the home offers 600 sqft of living space on a 0.12 acres lot.
Tucked among the trees with a true treehouse feel, this charming roundhouse retreat in Mill Ridge captures the kind of mountain escape buyers are searching for-cozy, distinctive, and built for both enjoyment and income potential. This 2-bedroom, 1-bath home stands out with its unique circular design and inviting interior, creating a warm, memorable space that guests love.
Currently operating as a proven short-term rental, it offers strong appeal as a guest-favorite retreat with income potential and flexibility for personal use. Financials available upon request. Inside, the efficient layout lives comfortably with a natural flow between living, dining, and kitchen spaces-great for unwinding after a day in the mountains.
Large windows bring in natural light and reinforce that elevated, treehouse-like experience that photographs beautifully and keeps guests coming back. Step outside to the wraparound deck and you'll immediately see why outdoor living is the highlight-surrounded by woods and offering a tucked-away setting that's hard to find.
It's a great spot for morning coffee, evening drinks, and seamless indoor-outdoor living. Located in the amenity-rich Mill Ridge community with access to a pool, playground, and tennis courts, and just minutes to Sugar Mountain, Beech Mountain, Banner Elk dining, and Boone-plus endless hiking and outdoor adventure-this property is positioned for both personal enjoyment and consistent rental demand.
A low-maintenance, proven performer in one of the High Country's most desirable areas-ready for immediate use, rental, or both.
Key Features
- Built in 1973
- 0.12 acre lot
Property Details
Monthly Cost Estimate
$1,845/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
560 Laurel Ridge Road
Banner Elk, NC 28604
Mill Ridge
Questions & Answers
This 2-bedroom, 1-bathroom single family at 560 Laurel Ridge Road is listed at $344,900 ($575/sqft). The estimated monthly payment is $1,495 based on 20% down at 6.5% interest.
Key features include: Built in 1973, 0.12 acre lot.
This property is listed by Thomas Drake and can be reached at (828) 262-1990 or tomdrake@remax.net.







