Elk River Homes under $1.25 million

Welcome to Elk River, a picturesque subdivision nestled in the heart of Banner Elk, North Carolina. This enchanting community offers a harmonious blend of natural beauty and modern living, making it a perfect retreat for families and individuals alike. Surrounded by the stunning Blue Ridge Mountains, Elk River is renowned for its breathtaking views, lush landscapes, and an array of outdoor activities that cater to all interests.

Elk River boasts a diverse selection of homes priced under $1.25 million, providing an excellent opportunity for those seeking a luxurious mountain lifestyle without breaking the bank. Whether you’re looking for a charming cabin, a contemporary mountain home, or a spacious family residence, Elk River has something to suit every taste and budget. Many of these homes feature exquisite craftsmanship, open floor plans, and outdoor spaces that invite you to soak in the serene surroundings.

Living in Elk River means enjoying a vibrant community with access to world-class amenities. Residents can partake in golf, hiking, and skiing, with nearby attractions such as Sugar Mountain and Beech Mountain offering year-round recreational opportunities. The community also hosts various events and activities, fostering a friendly atmosphere where neighbors become friends.

With its stunning homes and unparalleled lifestyle, Elk River is not just a place to live; it’s a place to thrive. Discover your dream home in this idyllic subdivision and experience the best that Banner Elk has to offer. Welcome to your new beginning in Elk River!

Newest Elk River Homes under $1.25 million

500 Laurel Ridge Lane Unit B1, Banner Elk

$960,000

2 Beds ⋅ 2 Baths ⋅ 264589 MLS

Welcome to this impeccably updated 2-bedroom, 2-bathroom condo offering a seamless blend of luxury, comfort, and peace of mind. Sold completely furnished and tastefully decorated by a designer's eye, every detail of this home has been curated for effortless living. Step inside to bright, sun-filled living spaces framed by brand-new energy-efficient windows that showcase breathtaking vistas over the lush green fairways and surrounding mountain backdrop. Center stage in the open-concept main space is a warm and cozy living room gas fireplace, framed by a brand-new mounted flat-screen TV—creating the perfect focal point for relaxing or entertaining after a day on the course. Enjoy complete worry-free living with major mechanical upgrades already taken care of, including a brand-new HVAC system, new hot water heater, and a whole-house surge protection system safeguarding all electronics and appliances. The primary and guest suites offer comfortable, retreat-like accommodations, while the bathrooms feature stylish modern updates. Whether you are unwinding by the fire or relaxing on your private patio taking in the sunset over the peaks, this turn-key residence offers the ultimate resort-style lifestyle from day one!

500 Laurel Ridge Lane Unit B1, Banner Elk

500 Laurel Ridge Lane Unit A3, Banner Elk

$850,000

2 Beds ⋅ 2 Baths ⋅ 264509 MLS

Perched on the top floor of the prestigious Laurel Ridge, this sophisticated condominium offers an unparalleled mountain lifestyle and serves as the ultimate golf getaway. Ideally situated moments from the exclusive Elk River Club amenities, the residence captures the essence of refined high-country living through elegant hardwood flooring and a sun-drenched great room anchored by a majestic floor-to-ceiling rock fireplace. For those who enjoy entertaining, the kitchen features a stylish pass-through window that connects to the expansive living and dining area, maintaining a sense of privacy while staying engaged with guests. The thoughtful floor plan leads to a serene primary sanctuary with a well-appointed private bath, while a spacious guest bedroom is complemented by a centrally located full bath that serves as both a guest bathroom and a convenient powder room. The experience is completed by a covered porch that showcases breathtaking mountain views, accessible through private entries from both the primary bedroom and the main living area.

500 Laurel Ridge Lane Unit A3, Banner Elk

$975,000

2 Beds ⋅ 3 Baths ⋅ 264255 MLS

Hard to find Greystone Condo in Elk River. This two bedroom, two and a half bath condo offers the convenience of single level living, split floor plan design, and the opportunity for a buyer to add their finishing touches. As you enter the condo, you are greeted by cathedral ceilings with exposed beams, a stone gas fireplace, and an abundance of natural light. The remodeled kitchen is a standout feature, showcasing high end appliances and a stylish design that makes both everyday living and entertaining effortless. The thoughtfully designed floor plan provides comfortable living spaces, two bedrooms with ensuite bathrooms, a half bath, and a dedicated laundry room, all conveniently arranged on one level. Storage will never be a problem. The primary suite features 2 walk in closets. The laundry room offers custom cabinets with plenty of room for your necessities. Below the unit there is a walk-in encapsulated crawlspace with double doors and a concrete pad for golf cart storage. Located in the sought after Elk River community, this condo offers an exceptional mountain lifestyle surrounded by the beauty of the Blue Ridge Mountains. The private, member owned community is centered around a Jack Nicklaus Signature Golf Course and offers an impressive collection of amenities, including tennis, pickleball, a state of the art Wellness Center, equestrian center, pool, fishing, hiking trails, and a private airport. Enjoy nearby restaurants, shopping, outdoor recreation, and cultural attractions in Banner Elk. This condo provides an ideal combination of low maintenance living, luxury amenities, and easy access to everything the North Carolina High Country has to offer. Whether you are looking for a mountain retreat, second home, or full time residence, this condo offers a rare opportunity to become part of one of the High Country's most distinguished communities.

659 Clubhouse Drive Unit D2, Banner Elk

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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.”