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Active
$324,900 Est. $2,239/mo — Get pre-qualified
2beds 2baths 1,618sq ft 0.36acres

131 Hemlock Road · Banner Elk, NC 28604

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Tucked into the scenic beauty of the Blue Ridge Mountains of North Carolina, this inviting two-bedroom, two-bath mountain home offers the perfect blend of comfort, style, and investment potential. Located in the casual mountain community of Mill Ridge, the property captures the relaxed spirit of mountain living while providing access to sought-after amenities and outdoor recreation.
Step inside to a spacious great room highlighted by soaring cathedral tongue-and-groove ceilings and an impressive stone fireplace that anchors the living space with warm mountain character. The newly remodeled kitchen features granite countertops, new appliances, and a clean, functional layout —ideal for entertaining or unwinding after a day outdoors. Recent updates include new luxury vinyl plank flooring throughout and refreshed bathrooms, giving the home a move-in-ready feel. Outside, an expansive open deck provides a front-row seat to sweeping valley and mountain views—perfect for morning coffee, evening sunsets, or gathering with friends. Mill Ridge residents enjoy a variety of amenities including a swimming pool, tennis courts, clubhouse, hiking trails, and direct access to the scenic Watauga River, well known for excellent trout fishing.
With vacation rentals permitted, this mountain getaway offers flexibility as a full-time residence, second home, or income-producing investment—all within one of the most beautiful regions of the Blue Ridge. Monthly fee includes water, sewer roads, amenities.

Features & Amenities

Living Area1,618 Sq.Ft.
Bedrooms2
Baths2
FireplaceYes
Year Built1986
StatusActive
Lot Size0.36 Acres
SubdivisionMill Ridge
CountyWatauga
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market197
Last UpdatedSep 25, 2026
HOAYes — $1 / year
ElementaryValle Crucis Elementary School
MiddleUnknown Middle School
HighWatauga High School
Presented By: Realty One Group Results-Boone; 336.262.3111; kathie@childersrealtygroup.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Sep 25, 2026 Price Reduced $346,000 → $324,900 ▾ $21,100 (6.1%)
Mar 27, 2026 Price Change $387,000 —
Jun 22, 2026 Price Change $362,000 6

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: Sep 25, 2026