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391 Camelot Drive, Banner Elk, NC, 28604

5beds
4baths
3,203sqft
$1,050,000
$328price/sqft
$6,221/moest. monthly cost
$248,840/yrincome needed

About This Home

Escape to the beauty of the Blue Ridge Mountains in this stunning 5 bedroom log cabin, perfectly situated between the charming mountain communities of Banner Elk and Valle Crucis. Surrounded by breathtaking views of rolling hills and layered mountain ridges, this inviting mountain retreat offers the perfect blend of rustic elegance and modern comfort. Warm wood interiors, high ceilings, windows that bring the beauty of the outdoors inside creating a welcoming atmosphere for family gathering, entertaining, or peaceful mountain living. Relax on the decks or around the outdoor fire pit and enjoy the beauty of the High Country. Whether you are seeking a full time residence, vacation getaway, or investment property, this exceptional log cabin provides the ideal setting to enjoy all the High Country has to offer. Conveniently located near skiing, hiking, golf, fine dining, shopping, and the area's most beloved attractions. A large outbuilding is on the property is on the property and a EV charging station. Offered fully furnished and currently in a vacation rental program.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
Valle Crucis ElementaryGrades PK-89.5 mi
8/10
Watauga HighGrades 9-129.9 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Slab
  • Roof: Asphalt,Shingle
  • Construction materials: Log

Type & Style

  • Home type: SingleFamily
  • Architectural style: Log Home
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Double Oven,Dryer,Dishwasher,Electric Water Heater,Disposal,Gas Range,Refrigerator,Washer
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Furnished,Vaulted Ceiling(s),Window Treatments
  • Window features: Window Treatments
  • Fireplace features: Gas,Stone,Vented,Propane
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,203

Heating & Cooling

  • Heating features: Electric,Fireplace(s),Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 3,203
  • Total interior livable area: 3,203 sqft

Property

Details

  • Parcel number: 1960523389

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Open
  • Exterior features: Fire Pit,Out Building(s),Storage,Gravel Driveway
  • Has view: Yes
  • View description: Mountain(s),Pasture

Lot

  • Lot size: 1.03 Acres

Parking

  • Parking features: Driveway,Gravel,Private
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Ice Storm
Landslide
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Watauga County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,309$63,708
Home Insurance *$281$3,372
Property Taxes $333$3,996
Electricity $298$3,579
Total$6,221$74,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$213,291/yr
40% on housing$186,630/yr
45% on housing$165,893/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$328This listing

vs Other Active Listings

Avg $/sqft

ZIP 28604$294
Watauga County$295

vs Homes Sold Last Month

Median $/sqft

ZIP 28604$365
Watauga County$292

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-29Listed for sale$1,050,000
2017-11-17Sold$450,000
2016-09-30Listing removed$499,000
2016-02-06Price change$499,000
2015-12-30Price change$549,000
2015-12-28Price change$599,000
2015-12-02Listed for sale$549,000
2014-05-01Listing removed$599,000
2013-05-16Price change$599,000
2012-06-16Price change$649,900
2012-04-14Price change$685,000
2011-03-25Listed for sale$749,000

For Sale by Agent

AgentCindy Kovalcin
BrokerageHIGH COUNTRY REAL ESTATE & INVESTMENTS

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