Ashe High Country Realty
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7583 Hickory Nut Gap Road

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

7583 Hickory Nut Gap Road, Banner Elk, NC 28604

Call 336-246-6348

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Listing Courtesy of Engel & Volkers Banner Elk

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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