For Sale $349,900
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.
| List Price: | $349,900 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 600 sqft |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4363770 |
| Subdivision: | Mill Ridge |
| Bathrooms: | 1 |
| Year Built: | 1973 |
| Sewer Type: | Private Sewer |
| Elementary: | Valle Crucis |
| Middle: | Unspecified |
| High: | Watauga |
| Date | Event | Price | $/SQFT |
| 05-05-2026 | Listed | $349,900 | $584 |
| 04-03-2026 | Listed | $649,000 | $1,082 |
| 06-02-2025 | Listed | $849,000 | $1,415 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Valle Crucis Elementary | 4 miles | PK-05 | 8 |
| Grandfather Academy | 6 miles | 01-07 | 1 |
| Blowing Rock Elementary | 6 miles | KG-06 | 10 |
| Cove Creek Elementary | 8 miles | PK-05 | 7 |
| Hardin Park Elementary | 8 miles | PK-05 | 9 |
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.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 560 Laurel Ridge Road, Banner Elk NC | 0 mi | $349,900 | days | |
| 1125 Church Road, Boone NC | 0.6 mi | $699,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By RE/MAX Realty Group
560 Laurel Ridge Road, Banner Elk NC is a 600 ft2 on a 0.120 acres Appraisal lot. This is for $349,900. This has 2 bedrooms, 1 baths, and was built in 1973.
Based on information submitted to the MLS GRID as of 2026-05-05 09:00:24 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.
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