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131 Ollie Trail, Boone, NC, 28607

2beds
2baths
1,040sqft
$439,000
$422price/sqft
$2,681/moest. monthly cost
$107,240/yrincome needed

About This Home

Furnished newly constructed cabin located between Blowing Rock and Boone. Great investment property! Short term rentals are permitted. Or, will this property be for your AppState student? Or, will it be a deferred maintenance second home? Climb up Rainbow Mountain to a left on Ollie Trail. Level entry from the parking area. Enter the top floor into the living room with a sliding glass door to the pressure treated stained deck. Wide porch will accommodate a table and Adirondack chairs to lounge on. Open floor plan to the kitchen area with a window west-facing Mountain view. Stainless steel appliances and double kitchen sink. Warm tongue in groove wood walls. Solid wooden doors. Oil rubbed bronze knobs and lighting fixtures throughout. Full bathroom and tiled shower. Allen Roth vanities. Go downstairs to two bedrooms and another full bathroom. Walk out either bedroom to the lower deck, which can accommodate a small hot tub. Rainbow Mountain is a quiet neighborhood located between Boone and Blowing Rock. Rainbow Mountain Road was recently regraded. Great access to High Country fun, hiking, Blue Ridge Parkway Trails, Appstate University and the charming village of Blowing Rock. 5 Minutes from the Boone Mall. Great seasonal view off the upper and lower back porches.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

8/10
Hardin Park ElementaryGrades PK-82.8 mi
8/10
Watauga HighGrades 9-122.8 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Basement
  • Roof: Asphalt,Shingle
  • Construction materials: Engineered Wood,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage,Mountain
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup,In Basement

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Attic,Furnished
  • Window features: Casement Window(s),Double Pane Windows,Screens
  • Fireplace features: None
  • Finished area below ground: 520
  • Finished area above ground: 520

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,040
  • Total interior livable area: 1,040 sqft

Property

Details

  • Parcel number: 2809779442000
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Multiple,Open
  • Exterior features: Gravel Driveway
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.69 Acres

Parking

  • Parking features: Driveway,Gravel,No Garage,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

  • Cold Wave
    Cold WaveRelatively High
  • Landslide
    LandslideRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Landslide
Inland Flooding
Ice Storm
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 $2,219$26,628
Home Insurance *$109$1,308
Property Taxes $153$1,836
Electricity $200$2,405
Total$2,681$32,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,920/yr
40% on housing$80,430/yr
45% on housing$71,493/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

$422This listing

vs Other Active Listings

Avg $/sqft

ZIP 28607$270
Watauga County$295

vs Homes Sold Last Month

Median $/sqft

ZIP 28607$272
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
2026-01-06Listed for sale$450,000
2025-12-21Listing removed$465,000
2025-10-31Price change$465,000
2025-09-21Price change$475,000
2025-06-17Price change$499,000
2024-12-13Listed for sale$515,000

For Sale by Agent

AgentVirginia Powell
BrokerageBlowing Rock Real Estate, LLC

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