Mountain Meadows Community Information and Real Estate Page

Mountain Meadows, NC Real Estate for Sale – Plus Community Information


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Mountain Meadows Real Estate & Information

Mountain Meadows is a community just outside of Banner Elk, NC. The community is located about 2 and a half miles from the Banner Elk Mill Pond. It is a well-planned community that spans over 300 acres. Mountain Meadows was developed on Bald Mountain and has elevations that reach over 4,700 feet above sea level.

Mountain Meadows was registered in 1984. The community is overseen by a six-member board that is elected to three-year terms with two members expiring each year. The board has the responsibility of managing roads and adjacent spaces, approves new buildings based on the declaration of restrictions, and contracts snow removal of the main roads.

Some community amenities include high speed internet availability, short-term rentals permitted, cable available. The community is close to Wildcat Lake, which has a small beach, boating, fishing and areas for cookouts and fun. Conveniently located close to Newland, Banner Elk, Beech Mountain and Sugar Mountain. Enjoy great shopping, fine dining, skiing, and many outdoor activities.

Mountain Meadows Real Estate & Information

Find your dream home in Mountain Meadows just located outside of Banner Elk, North Carolina. Homes in the community range from 1,200 to over 5,000 square feet. Mountain Meadows has a wide range of varying views. Some of the views that the community claims to have include Luther Rock, Sugar Mountain, Yellow Mountain, Hawksbill, Mount Mitchell, Elk River Country Club and Beech Mountain. Sitting at elevations that reach over 4,700 feet, there are plenty of long range layered views to go around. Low POA fees at around $500 per year.

Homes

(Updated April 2017) According to the MLS, there have been eight homes sold in the Mountain Meadow community in the last two years. The most expensive home sold for $638,500 and the least expensive home sold for $177,500. The average sale price in the community was $367,625. The average size of homes that sold was 2,679 square feet with the largest being 4,813 square feet and the smallest being 1,720 square feet. The average improved lot size was 2.08 acres. The largest improved lot was 5.54 acres and the smallest improved lot being 0.878 of an acre.

Mountain Meadow homes on the market currently have an average list price of $592,100. The least expensive house is listed for $219,500 and the most expensive is listed for $850,000. The average home size of the homes on market is 2,835 square feet, with the smallest being 1,720 square feet and the largest being 3,679 square feet. The average improved lot size is 1.9 acres with the smallest being 0.96 of an acre and the largest being 2.58 acres.

Sold price per square foot was $138.20

List price per square foot is currently $198.92

Sold Homes Average Days on Market: 253

Homes Current Listed Days on Market: 302

Lots and Acreage

(Updated April 2017) The MLS currently only shows three lots that have sold in Mountain Meadows. The average lot sold for $36,667 with the most expensive being $73,000 and the least expensive being $15,000. The average lot size was 2.2 acres with the smallest being 1.27 acres and the largest being 3.56 acres.

There are several lots currently for sale in the community. The average list price of lots on the market is $71,300 with the most expensive being $149,000 and the least expensive being $24,900. The largest of the lots on the market is 5.24 acres with the smallest being 0.8 of an acre. The average lot size is 2.46 acres.

Sold Lots Average Days on Market: 127

Lots Current Listed Days on Market: 246

Mountain Meadows Real Estate & HOA/POA Information Links

All information herein is deemed to be reliable but not guaranteed.


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