245 Tom Laws Lane, Elk Park NC

  • 5 Bed
  • 2 Bath
  • 931 ft2
  • 8.3 ac

For Sale $425,000

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Remarks:

Amazing, private home with acreage right on the Elk River! Keep as a fishing cabin, rent out as an AirBNB, remodel or build your dream house on the property. Many ideas for this riverfront cabin built in the 1940's! Newer metal roof adds value and longevity. Inside this charming bungalow, you'll find beadboard, hardwoods and craftsman style molding. There is 1 BR on the main floor and a full BTH with vintage clawfoot tub and mosaic tiled flooring. Another room could make a terrific home office or reading room or small bedroom. The 3 bedrooms and half bath upstairs do not comply with ANSI height requirements to be counted in the HLA. This historic home has been kept in only 2 families and sits on almost 9 acres. Very solidly engineered newer viewing deck was meant to become a bunkhouse-complete it as a guesthouse or just enjoy the view. Come see for yourself. Make an appointment, write an offer, enjoy your life on the river! Near Banner Elk, golf, skiing, tennis, hiking, dining & more.

General Information:

List Price: $425,000
Status: For Sale
Bedrooms: 5
Type: Single Family Residence
Approx Sq. Ft.: 931 sqft
Parking: Parking Space(s)
MLS Number: CAR4182537
Subdivision: None
Style: Bungalow
Bathrooms: 2
Year Built: 1949
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Unspecified
Middle: Cranberry
High: Avery County

Price & Sales History

Date Event Price $/SQFT
08-01-2025 Listed $425,000 $457

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Grandfather Academy 4 miles 01-07 1
Valle Crucis Elementary 10 miles PK-05 8

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

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Street Address Distance Status List Price Days on Market
245 Tom Laws Lane, Elk Park NC 0 mi $425,000 days
31 Barlow Road, Elk Park NC 0.5 mi $469,900 days
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Sold Properties Nearby

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28622

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By Keller Williams Premier

    245 Tom Laws Lane, Elk Park NC is a 931 ft2 on a 8.250 acres Appraisal lot. This is for $425,000. This has 5 bedrooms, 2 baths, and was built in 1949.

    Based on information submitted to the MLS GRID as of 2025-08-01 11:40:19 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.