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1040 Sugar Mountain Drive #A1, Sugar Mountain, NC, 28604

4beds
4baths
1,757sqft
$494,331
$281price/sqft
$2,993/moest. monthly cost
$119,720/yrincome needed

About This Home

Experience the ultimate mountain getaway at Snow Lake condominium on Sugar Mountain! Ideally situated end unit with Sugar Mountain Ski resort directly across the street. This spacious condominium offers convenient access to winter and summer sports. The Caddy Shack next door offers summer fun with a grill and live music, or you can enjoy peaceful days soaking in the mountain views from your back porch. Boasting four bedrooms and four full baths spread over three levels, there’s ample space for family and guests. The open main level features a modern kitchen with granite countertops, updated vanities, luxury vinyl plank flooring throughout, and a generous dining and living area. Go onto the expansive deck for breathtaking mountain views. Upstairs, you'll find two large bedrooms, each with its full bath. The lower level hosts two spacious bedrooms, each with en-suite bath and direct access to an additional deck that leads straight onto the golf course. This turnkey condominium is being sold fully furnished and is ready for you to move in. New sliders on both levels. Don’t miss this rare opportunity to own your slice of Sugar Mountain paradise! Currently being used as a successful short term rental and family retreat. There is a special assessment for new roof, gutters and siding of $2,000 per year for the next 14 years. The seller has paid 2026 dues and SA. Property does have a summer rental in 2026. NOTE: There is a 157-square-foot difference between tax records and professional measurements, it may be that the tax records counted stairs incorrectly.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

7/10
2/10
Avery MiddleGrades 6-85.5 mi
4/10
Avery County High SchoolGrades 9-125.5 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

  • Home type: Condo
  • Architectural style: Mountain
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Electric Range,Microwave,Refrigerator,Washer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Furnished
  • Fireplace features: Free Standing,Gas,Vented
  • Fireplace: Yes
  • Finished area below ground: 568
  • Finished area above ground: 1,189

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Other,See Remarks

Interior Area

  • Total structure area: 1,757
  • Total interior livable area: 1,757 sqft

Property

Details

  • Parcel number: 18570768536700001

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Covered,Multiple,Open
  • Has view: Yes
  • View description: Lake,Long Range,Mountain(s)
  • Has water view: Yes
  • Water view: Lake
  • Waterfront features: Creek,Stream

Parking

  • Parking features: Driveway
  • 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
  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Landslide
    LandslideRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Avery 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 $2,499$29,988
Home Insurance *$132$1,584
Property Taxes $162$1,944
Electricity $200$2,405
Total$2,993$35,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,617/yr
40% on housing$89,790/yr
45% on housing$79,813/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 28604$295
Avery County$289

vs Homes Sold Last Month

Median $/sqft

ZIP 28604$365
Avery County$290

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
2026-03-19Price change$499,331
2026-03-02Listed for sale$535,331
2022-09-09Sold$444,235
2022-07-18Contingent$449,000
2022-07-13Listed for sale$449,000
2021-09-07Sold$318,500
2020-02-25Sold$198,000
2020-01-29Pending sale$210,000
2020-01-27Listed for sale$210,000
2019-10-15Sold$158,500
2019-09-30Pending sale$172,900
2019-08-27Listed for sale$172,900

For Sale by Agent

AgentMorgan Beck-Herdklotz
BrokeragePremier Sotheby's International Realty- Banner Elk

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