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Contingent
$399,000 Est. $2,749/mo — Get pre-qualified
3beds 2baths 1,706sq ft 1.09acres

265 Trout Lake Road · Deep Gap, NC 28618

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Turnkey, fully furnished, and set along the tranquil shores of Trout Lake, 265 Trout Lake Road offers a rare opportunity to own a true waterfront retreat in the highly sought-after gated community of Powder Horn Mountain. Just minutes from Boone, Blowing Rock, and the best of the Blue Ridge Mountains, this beautifully updated mountain home blends the serenity of nature with the comfort and convenience of modern living.

Perfectly positioned on a private 1.2-acre double lot—recombined to provide the benefit of a single POA fee—the property enjoys exceptional lake frontage, mature hardwoods, and the soothing sounds of a nearby mountain stream. Wake each morning to sparkling water views, sip your coffee on the expansive covered porch, cast a line from your own backyard, or gather around the fire pit as the sun sets over the lake. Every season brings a new reason to fall in love with this remarkable setting.

Designed for effortless mountain living, the thoughtfully planned main-level layout features three bedrooms and two full baths, including a peaceful lakeside primary suite with an en-suite bath and private access to the covered porch. The updated kitchen is equipped with modern appliances and a breakfast bar that flows seamlessly into the dining area, where panoramic lake views create the perfect backdrop for everyday meals and entertaining alike.

At the heart of the home, a stunning stone fireplace anchors the spacious living room, creating a warm and inviting atmosphere. Currently fitted with gas log inserts for convenience, the fireplace can easily be converted back to a traditional wood-burning fireplace. An additional flex space offers the perfect spot for a game table, home office, or cozy reading nook.

Numerous recent improvements provide peace of mind, including new bedroom carpet, central air conditioning and heat pump, PEX plumbing, a 200-amp electrical panel, water heater, washer and dryer, refrigerator, range, microwave, and high-speed fiber internet—making the home equally suited for full-time living, a weekend escape, or a high-performing vacation rental.

The generous driveway provides ample parking for family and guests, while the property's natural privacy enhances the feeling of being tucked away in your own mountain sanctuary.

Residents of Powder Horn Mountain enjoy an exceptional collection of amenities, including a beautifully renovated clubhouse, swimming pool, fitness center, tennis and pickleball courts, trout fishing, miles of hiking trails, a chapel, campground, and a gated entrance with monitored access.

Although situated directly on Trout Lake, the property is not located within a floodplain and, according to the owner, has no history of flood damage.

Whether you're searching for a peaceful full-time residence, a turnkey second home, or an exceptional investment opportunity, 265 Trout Lake Road delivers an unmatched combination of waterfront living, modern updates, abundant amenities, and timeless High Country charm.

Features & Amenities

Living Area1,706 Sq.Ft.
Bedrooms3
Baths2
FireplaceYes
Virtual TourOpen Virtual Tour
Year Built1972
StatusContingent
Lot Size1.09 Acres
SubdivisionPowder Horn
CountyWatauga
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market71
Last UpdatedSep 12, 2026
HOAYes — $1 / year
ElementaryParkway Elementary School
MiddleNone Middle School
HighWatauga High School
Presented By: Premier Sotheby's International Realty- Banner Elk; sarah.whitfield@premiersir.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 12, 2026 Price Reduced $449,000 → $399,000 ▾ $50,000 (11.1%)

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 12, 2026