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Downtown Banner Elk Retreat with Panoramic Mountain Views & Dual Living SpacesDiscover 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 relaxationUpper 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 bathroomOutside, 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.
| DAYS ON MARKET | 9 | LAST UPDATED | 10/30/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1990 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Wood Siding |
| FIREPLACE | Yes |
| HEAT | Electric, Forced Air, Natural Gas |
| INTERIOR | Sauna, Vaulted Ceiling(s) |
| LOT | 2.66 acre(s) |
| PARKING | No Garage |
| SEWER | Septic Tank |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | None |
| TAXES | 1254.4 |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Natalie Geist, Engel & Volkers Banner Elk, (828) 898-3808
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