482 Indian Paintbrush Drive # Rl1 Banner Elk, NC $ 695,000
482 Indian Paintbrush Drive # Rl1
$ 695,000
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482 Indian Paintbrush Drive # Rl1

Banner Elk, NC, 28604
$ 695,000
Bedrooms3 Baths3.0 Sq 1,669

Monthly Estimate*

$ 4,336

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Condo for sale in Banner Elk, NC

for $695,000 with 3 bedrooms and 3 full baths. This 1,669 square foot condo was built in 2008.

This stunning 3-bedroom, 3-bathroom condo inside Echota on the Ridge is the perfect blend of comfort, style, and investment potential. Fully furnished (excluding a small list of personal items), it offers a turn-key opportunity for those seeking a mountain retreat or a lucrative short-term rental property. Enjoy expansive mountain views from the back balcony, where you can unwind and take in the natural beauty surrounding you. Inside, the condo has been meticulously maintained by Foscoe's property management staff, ensuring that every detail is in pristine condition. With a proven track record as a successful short-term rental, this condo offers substantial and flexible income potential. Its convenient location offers easy access to Blowing Rock, Boone, nearby ski mountains, the Blue Ridge Parkway, and much more, making it an ideal base for year-round enjoyment. Whether you're looking for a new home or an investment property, this condo has it all. Don't miss the chance to make it yours -schedule your tour today! HOA Dues: Master Association = $700 per qtr Condo Association = $976.25 per qtr Please call/text agent to schedule showings. Agent is related to seller.

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Condo Active

Price

$ 695,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 0

Style

Condominium

Year Built

2008

Town/City

Banner Elk

County/Region

Watauga

MLS | Web ID

100533279

Features
General
Living Area 1669.0
Heating Electric Heat Pump
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow Subject To Tenant Rights At Closing
Roof Architectural Shingle
Appliances Electric Oven Built-In Microwave Washer Refrigerator Dryer Disposal Dishwasher
Zoning Res Condo
HOA Fee 3905.0
Garage Spaces 0.0
Patio/Porch Features Covered Balcony
Construction Materials Concrete
Year Built 2008
Stories Count 1
Levels Entry Level
Unit Number Rl1
Property Subtype Condominium
Tax Year 2025
Parcel Number 1879907159001
Accessibility Accessible Elevator Installed
HOA Fee 2 2800.0
County Watauga
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) N
Association Amenities Clubhouse Elevator(s) Fitness Center Gated Indoor Pool Maintenance Common Areas Maintenance Grounds Maintenance Roads Management
HOA Y
Attached Garage N
Subdivision Name Other
Garage Y/N N
Total Rooms 4
Full Baths 3
Status Active
Directions From the Highway 321 & Highway 105 intersection in Boone: Turn onto NC-105 S and continue for 7.6 miles Turn right onto Clarks Creek Rd and continue for 0.9 miles Turn left onto Ridge Haven Pkwy and
High School Watauga High School
City Banner Elk
Association Name Echota on the Ridge Condominium Association
Carport Spaces 0.0
Carport Y/N N
Elementary School Blowing Rock Elementary
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Blowing Rock Elementary
Ok to Lease Short Term Lease
Lease Considered Y/N N
Structure Type Wood Frame
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 535900
Legal Description UNIT RL-1 ECHOTA ON THE RIDGE PH2
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Interior
Interior Amenities Master Downstairs Kitchen Island Elevator Furnished Walk-in Shower
Basement None
Flooring Tile Wood
Furnished Y/N Furnished
Water Heater Electric
Master Bed Level Primary Living Area
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Laundry Closet
Total Bedrooms 3
Room Type Dining Area
Unit Type 3 Bedroom
Total Baths 3
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Exterior
Exterior Amenities None
Exterior Finish None
Fencing None
Parking Features Parking Lot On Site
Water Source Community Water
Total Parking 0.0
Foundation Details Raised
Spa N
Building Area Total 1669
Waterfront Y/N N
Road Frontage Type Maintained
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 482
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* Excluded Features
List By
Matt J Archibald

Listing Agent

Nest Realty

Broker

matt.archibald@nestrealty.com

Email

Affordability Calculator

$4,336
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Monthly Principal & Interest
$4,336
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5291247 Elementary School
5291247 Middle School
Watauga High School High School
Pricing History
DatePricePrice ChangeDescription
12/9/2025$695,000 -1.42% Price Down
11/19/2025$705,000 -1.40% Price Down
10/21/2025$715,000 -1.38% Price Down
9/29/2025$725,000 Listed Price

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482 Indian Paintbrush Drive # Rl1, Banner Elk, NC, 28604 is a Condo for sale at $695,000 with 1,669 sqft. 482 Indian Paintbrush Drive # Rl1 has 3 bedrooms, 3.0 baths, and was built in 2008. The property's zip code is 28604 which is in Banner Elk, NC