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89 Springhouse Drive #A4, Elk Park, NC, 28622

3beds
4baths
2,060sqft
$599,999
$291price/sqft
$3,576/moest. monthly cost
$143,040/yrincome needed

About This Home

Turnkey Luxury Condo in Headwaters Gated Community. Discover this rare gem: a lower-level, two-story condominium nestled in the Headwaters gated community. Stunning Features: Beautiful hardwood floors and high-end finishes, Gourmet kitchen equipped with granite countertops, custom cabinetry, and top-of-the-line appliances. Inviting living room on the main level, complete with a stone fireplace. Spacious Accommodations: Owner suite and guest bedrooms located on the main level and a guest suite and additional family room with its own fireplace, and a roomy storage room on the lower level, each featuring a full bath for enhanced privacy. Breathe in the cool mountain air and enjoy the serene sounds of nature as you unwind on one of the two decks. The main level deck also boasts an outdoor gas fireplace. This condominium is just a short drive from downtown Banner Elk and there are a variety of attractions, including skiing, hiking, whitewater rafting, theater performances, park concerts, golf, and more. As a resident of Headwaters, you will have access to a stunning mountaintop clubhouse featuring: Fitness Center, Game Room, Theatre Room, Gourmet Kitchen. Your family can also take advantage of the Lakeside Pavilion, Stony Creek Park, Deer Creek Park, Sunset Park, Dog Park, and a Natural Waterfall. Do not miss the opportunity to experience this unique mountain community and this exceptional condominium before it is gone. With restaurants, skiing, and shops nearby, it truly is a prime location! Also see Community Website for more info -https://headwatersatbannerelk.com/headwaters-community/

Getting Around

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

Schools

7/10
5/10
Cranberry Middle SchoolGrades 6-83.8 mi
4/10
Avery County High SchoolGrades 9-129.1 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Architectural,Shingle
  • Construction materials: Cedar,Wood Siding,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Gas Range,Microwave,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

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

Features

  • Furnished
  • Fireplace features: Gas,Stone,Vented,Propane
  • Fireplace: Yes
  • Finished area below ground: 720
  • Finished area above ground: 1,340

Heating & Cooling

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

Interior Area

  • Total structure area: 2,060
  • Total interior livable area: 2,060 sqft

Property

Details

  • Parcel number: 1930001367170000104
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Multiple
  • Exterior features: Paved Driveway
  • Has view: Yes
  • View description: Trees/Woods

Parking

  • Parking features: Driveway,Paved,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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Ice Storm
Strong Wind
Hail
Landslide
Tornado
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 $3,033$36,396
Home Insurance *$146$1,752
Property Taxes $197$2,364
Electricity $200$2,405
Total$3,576$42,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,605/yr
40% on housing$107,280/yr
45% on housing$95,360/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

$291This listing

vs Other Active Listings

Avg $/sqft

ZIP 28622$226
Avery County$289

vs Homes Sold Last Month

Median $/sqft

ZIP 28622
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
2026-04-01Price change$599,999
2025-10-15Listed for sale$625,900
2020-07-31Sold$375,000
2020-06-16Pending sale$399,900
2020-02-07Price change$399,900
2019-12-10Price change$417,900
2019-06-17Listed for sale$419,000
2019-04-01Listing removed$435,000
2018-06-05Listed for sale$435,000

For Sale by Agent

AgentRobin Zema
BrokerageZema Realty Group, LLC

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