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Active
$679,000 Est. $4,679/mo — Get pre-qualified
3beds 3baths 1,527sq ft 1.18acres

485 Woodlake Loop Road · Elk Park, NC 28622

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This charming cottage, crafted by Barnette Builders, offers outstanding value within a prestigious gated community. Thoughtfully designed, the unique floor plan maximizes every inch, while soaring vaulted tongue-and-groove ceilings create an open, airy feel well beyond its footprint. Expansive windows invite abundant natural light throughout the home. Offered furnished (with a few exclusions), each bedroom features its own private bath for added comfort and privacy.
The kitchen is well-appointed with Bosch appliances, a gas range, granite countertops, custom cabinetry, and built-in seating with hidden storage. Nestled in a private wooded setting, the home also includes a cozy fire pit area—perfect for relaxing evenings. Beneath the home, you’ll find a partially floored storage space ideal for additional needs. In 2025, a new electric hot water heater and whole-home filtration system were installed. The deck railing and front step handrails were refinished, and a driveway motion-activated flood light was added to the roof.
Located in Headwaters at Banner Elk, a luxury gated community in the Blue Ridge Mountains, this home sits conveniently near the entrance while maintaining a peaceful, secluded feel. A circular driveway allows easy access, and there is potential to add a garage. Residents enjoy six community parks, including a dog park, tennis court, two lakes, hiking trails, and a stunning mountaintop clubhouse featuring a theater, fitness center, game room, dining area, gourmet kitchen, and spacious gathering areas. Take in breathtaking long-range mountain views from the decks.

Features & Amenities

Living Area1,527 Sq.Ft.
Bedrooms3
Baths3
FireplaceYes
Virtual TourOpen Virtual Tour
Year Built2008
StatusActive
Lot Size1.18 Acres
SubdivisionHeadwaters At Banner Elk
CountyAvery
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market137
Last UpdatedOct 3, 2026
HOAYes — $1 / year
ElementaryFreedom Trail Elementary School
MiddleUnknown Middle School
HighAvery County High School
Presented By: Blue Ridge Realty & Inv. - Banner Elk; info@brri.net

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
Oct 3, 2026 Price Reduced $699,000 → $679,000 ▾ $20,000 (2.9%)

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: Oct 3, 2026