Condominium at Banner Elk
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$505,000

Banner Elk, NC 28604
Listed by Craig Tribus · Beycome Brokerage Realty LLC
Bedrooms
2
Bathrooms
2
Living area
1,273 sqft
Year built
2004

About this home

Your mountain escape is waiting for you! Perched at over 5,000 ft. elevation in the most coveted part of The Reserve, this breathtaking 2BR/2BA fully furnished mountain condo delivers everything you have ever dreamed of. Steps from direct ski slope access to Sugar Mountain, outside large deck wrapped in panoramic unobstructed mountain views, and tucked away on a quiet cul-de-sac. Inside, the open-concept living, dining and kitchen space was made for gathering whether it is ski nights with friends or quiet mornings with coffee and mountain views. No nightly rental restrictions this is a proven income-generating investment that practically pays for itself. Banner Elk Village, Boone, world-class skiing, summer festivals, hiking trails, and incredible restaurants are all just minutes away — making this one of the most desirable rental destinations in the Blue Ridge Mountains year-round. Own the view. Own the lifestyle. Own the income. This is the one.

Highlights

Fireplace

Property details

MLS #
CAR4289909
Property type
Condominium
Subdivision
The Reserve
Status
Active
Days on market
326
On market date
August 7, 2025
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Banner Elk Elementary
2.06 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
172
Student:teacher ratio
12.3:1
District
Avery County Schools
Middle
Avery Middle
4.46 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
257
Student:teacher ratio
12.9:1
District
Avery County Schools
High
Avery County High
4.54 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
580
Student:teacher ratio
14.1:1
District
Avery County Schools

Walkability

Blended score for Banner Elk's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

26
Car-dependent
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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/mo
Est. monthly payment
$3,191/mo
$101,000 down
$404,000 loan
Principal & interest$2,620
Property tax (est.)$421
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.