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258761 Days on Market: 9
5
Beds
4.5
Baths
4205
Sqft
2.660
Acres
$1,790,000
For Sale








































Downtown Banner Elk Retreat with Panoramic Mountain Views & Dual Living Spaces Discover this rare opportunity in the heart of Banner Elk, just one minute from downtown, perfectly positioned on 2.66 acres overlooking Lees-McRae College, Grandfather Mountain, and the surrounding Blue Ridge peaks. This beautifully manicured property sits atop a gentle hill, offering privacy, rolling green space, and the peaceful sounds of nature — all while being just moments from local dining, shops, and outdoor adventures. It’s common to spot deer, black bear, and native wildlife roaming the property, and a hiking trail at the edge of the land connects to a stream leading directly to the Lees-McRae duck pond, adding to the tranquil mountain charm. The home is thoughtfully designed with two distinct living spaces — think large family home, a multi-generational retreat, or a turnkey short-term rental investment. Main Level (Primary Residence) Enter through the welcoming front porch into a spacious living room with vaulted ceilings, a stone fireplace, and sweeping mountain views from the back porch. The main level includes: • 3 bedrooms • Kitchen and dining area • Walk-in pantry • Sauna — envision après-ski relaxation Upper Level (Short-Term Rental Suite) With a separate entrance and dedicated parking, the upstairs is fully equipped as a separate rental or guest suite. Features include: • Open living room and kitchen • Small office/flex space • 3 bedrooms, each with en-suite bathroom Outside, enjoy a storage shed for tools and gear, plus ample space for gardens or outdoor living areas. Whether you’re seeking a peaceful mountain home, a multi-family getaway, or a revenue-producing property, this Banner Elk gem offers the perfect balance of seclusion, scenery, and convenience.
Listing ID:
258761
Property Type:
Single Family
Year Built:
1990
Bedrooms:
5
Bathrooms:
4 Full, 1 Half
Sqft:
4205
Acres:
2.660
Map
Latitude: 36.153884 Longitude: -81.875291
Location & Neighborhood
City: Banner Elk
County: Avery
Area: 8-Banner Elk
Subdivision: None
Environment
Utilities & Features
Heat: Electric, Forced Air, Gas
Sewer: Septic Tank
Utilities: Septic Available
Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave Hood Fan, Microwave, Refrigerator, Washer
Parking: No Garage
Interior
Fireplace: One, Stone
Sqft Living Area Above Ground: 4205
Sqft Total Living Area: 4205
Exterior
Style: Traditional
Construction
Construction: Frame, Wood Siding
Roof: Architectural, Shingle
Financial
Property Taxes: $1,254
Other
Price Per Sqft: $426
Price Per Acre: $672,932
The data relating this real estate listing comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this website, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.
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