Deep Gap Homes under $400,000

Welcome to Deep Gap, North Carolina – a hidden gem nestled in the picturesque Watauga County! Known for its stunning mountain views and serene landscapes, Deep Gap offers a unique blend of rural charm and modern convenience. Just a short drive from Boone and Blowing Rock, this quaint community is perfect for those seeking a peaceful retreat while still enjoying easy access to vibrant local amenities.

Deep Gap is characterized by its friendly atmosphere and welcoming residents, making it an ideal place to call home. With a rich history and a close-knit community, you’ll find that life here is all about enjoying the great outdoors, exploring local trails, and soaking in the breathtaking scenery that the Blue Ridge Mountains have to offer.

For those looking to invest in a home without breaking the bank, Deep Gap presents an exciting opportunity with a variety of charming properties available for under $400,000. Whether you’re in search of a cozy cabin, a spacious family home, or a quaint cottage, you’ll discover a diverse selection of real estate options that cater to different lifestyles and budgets.

Imagine waking up to the sound of chirping birds and the sight of misty mountains right outside your window. With affordable housing and a tranquil environment, Deep Gap is the perfect place to settle down, raise a family, or even retire in peace. Come explore this beautiful community and find your dream home in Deep Gap – where the mountains meet the heart!

Newest Deep Gap Homes under $400,000

$399,000

2 Beds ⋅ 2 Baths ⋅ 264319 MLS

This fully remodeled 1974 Powder Horn bungalow, "The Red Headed Woodpecker" is exactly what the doctor ordered. Coming fully furnished and with an established rental history. One level living with 2 large bedrooms and 2 full baths, as well as a sleeping loft. (loft is not included in sq footage) Custom accents throughout. Remodeled in 2021. New HVAC, Roof, Windows, Doors, Decking,Railings, Light fixtures, Tile surround on FP, New kitchen, appliances, granite countertops, decor, all new T&G ceilings, remodeled both bathrooms with custom vanities, tiled showers, flooring and fixtures. Nothing was untouched. Located in the gated community of Powder Horn Mountain. POA dues are $2042 a year. Community pool, clubhouse, fitness center, hiking trails, chapel, tennis court, half basketball court, community events, gated entry. High Speed hard line fiber internet. Community metered water with Carolina Water. Original owner from 1974.

340 W Horse Shoe Ridge Road, Deep Gap

$399,000

3 Beds ⋅ 2 Baths ⋅ 263014 MLS

Turnkey, fully furnished, and set along the tranquil shores of Trout Lake, 265 Trout Lake Road offers a rare opportunity to own a true waterfront retreat in the highly sought-after gated community of Powder Horn Mountain. Just minutes from Boone, Blowing Rock, and the best of the Blue Ridge Mountains, this beautifully updated mountain home blends the serenity of nature with the comfort and convenience of modern living. Perfectly positioned on a private 1.2-acre double lot—recombined to provide the benefit of a single POA fee—the property enjoys exceptional lake frontage, mature hardwoods, and the soothing sounds of a nearby mountain stream. Wake each morning to sparkling water views, sip your coffee on the expansive covered porch, cast a line from your own backyard, or gather around the fire pit as the sun sets over the lake. Every season brings a new reason to fall in love with this remarkable setting. Designed for effortless mountain living, the thoughtfully planned main-level layout features three bedrooms and two full baths, including a peaceful lakeside primary suite with an en-suite bath and private access to the covered porch. The updated kitchen is equipped with modern appliances and a breakfast bar that flows seamlessly into the dining area, where panoramic lake views create the perfect backdrop for everyday meals and entertaining alike. At the heart of the home, a stunning stone fireplace anchors the spacious living room, creating a warm and inviting atmosphere. Currently fitted with gas log inserts for convenience, the fireplace can easily be converted back to a traditional wood-burning fireplace. An additional flex space offers the perfect spot for a game table, home office, or cozy reading nook. Numerous recent improvements provide peace of mind, including new bedroom carpet, central air conditioning and heat pump, PEX plumbing, a 200-amp electrical panel, water heater, washer and dryer, refrigerator, range, microwave, and high-speed fiber internet—making the home equally suited for full-time living, a weekend escape, or a high-performing vacation rental. The generous driveway provides ample parking for family and guests, while the property's natural privacy enhances the feeling of being tucked away in your own mountain sanctuary. Residents of Powder Horn Mountain enjoy an exceptional collection of amenities, including a beautifully renovated clubhouse, swimming pool, fitness center, tennis and pickleball courts, trout fishing, miles of hiking trails, a chapel, campground, and a gated entrance with monitored access. Although situated directly on Trout Lake, the property is not located within a floodplain and, according to the owner, has no history of flood damage. Whether you're searching for a peaceful full-time residence, a turnkey second home, or an exceptional investment opportunity, 265 Trout Lake Road delivers an unmatched combination of waterfront living, modern updates, abundant amenities, and timeless High Country charm.

265 Trout Lake Road, Deep Gap

$350,000

3 Beds ⋅ 2 Baths ⋅ 262793 MLS

***HEY, HEY, HEY BIG PRICE REDUCTION*** Looking for some good old peace and quiet? A place to relax and unwind? Then this "cute as a bug" cottage nestled up in the trees is the perfect spot for you. The open concept living room, dining area and kitchen are perfect for gathering with family and friends. Rocking chair front porch, room for adding outdoor living spaces and more than adequate parking make this a great full time residence, second home or investment property. Proximate to the Blue Ridge Parkway, Rocky Knob Mountain Bike Park and Elk Creek and just a short drive away from downtown Boone and ASU. 50 year steel roof, 12 acres of land and unlimited potential!!!

273 Rhymer Branch Road, Deep Gap

$300,000

2 Beds ⋅ 2 Baths ⋅ 262148 MLS

Tucked away among the hardwoods in the gated mountain community of Powder Horn Mountain, this charming two-bedroom, two-bath cabin offers the perfect blend of rustic character, modern comfort, and low-maintenance mountain living. Whether you're searching for a full-time residence, a peaceful weekend getaway, or an investment opportunity, this property is ideally suited for personal enjoyment as well as short- or long-term rentals. With just one step to the main level, the thoughtfully designed floor plan lives comfortably and efficiently. The main floor welcomes you with a warm and inviting living room centered around a gas fireplace, a well-appointed kitchen with island seating, a spacious bedroom, and a full bath. Downstairs, the flexible lower level offers a large open-concept den with closet and laundry area, a second bedroom, and an additional full bath—creating excellent separation and privacy for guests, extended family, or multiple living arrangements. Both levels open onto expansive full-length decks overlooking a tranquil wooded setting, where the sights and sounds of nature become part of everyday life. During the winter months, enhanced seasonal mountain views emerge through the trees, while the surrounding forest provides privacy and a beautiful backdrop throughout the year. Low-maintenance vinyl siding, ample parking, and a central heating and air system replaced in 2022 add convenience and peace of mind. The current gas fireplace was converted from wood-burning and could potentially be converted back by a future owner if desired. What truly sets this property apart is its location within Powder Horn Mountain, one of the High Country's most unique and amenity-rich gated communities. Spanning more than 1,200 acres of protected mountain terrain, Powder Horn offers a lifestyle centered around nature, recreation, and relaxation. Residents enjoy access to a community swimming pool, clubhouse, fitness center, tennis courts, half basketball court, playground, chapel, rustic campground, three private lakes, trout streams, picnic areas, and miles of hiking trails that wind through some of the most beautiful scenery in the Blue Ridge Mountains. Wildlife sightings are common, community events foster a welcoming atmosphere, and full-time maintenance staff, trash service, and a manned gated entrance provide convenience and security. Ideally located between Boone, Blowing Rock, and West Jefferson, Powder Horn Mountain offers easy access to the area's ski resorts, the Blue Ridge Parkway, Appalachian State University, shopping, dining, and countless outdoor adventures while still feeling worlds away from the hustle and bustle. This cozy mountain retreat presents a rare opportunity to experience the High Country lifestyle in a community where nature, recreation, and mountain charm come together beautifully.

467 E Horse Shoe Ridge Road, Deep Gap

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The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”