$499,000
About this home
Located less than five minutes from downtown Banner Elk, Lees-McRae College and Sugar Mountain, this single-level ranch residence offers location, flexibility and privacy on a park-like, flat 1.57-acre setting. While officially listed as a three-bedroom home, the layout provides four distinct sleeping areas, including a versatile guest suite off the kitchen with its own stone fireplace, full bath, walk-in closet, private deck and abundant natural light—ideal as a second primary suite, in-law space or bonus living area. The open kitchen and dining area flow into the main living room, which features a second stone fireplace crafted from Grandfather Mountain stone. French doors lead to a large rear deck overlooking the fenced backyard, garden space and wooded edge. The same Grandfather Mountain stone is used on the exterior, adding timeless character and regional significance. One bedroom is currently used as a laundry room and can be easily converted back. The unfinished basement offers a second laundry area, abundant storage and space for a gym, studio or workshop. Outdoor living is unmatched, with a covered front porch, expansive back deck, stone path to a creekside platform beneath a mature shade tree, and ample room for gardening or small livestock. A heated, detached two-car garage with workshop or office is connected by a covered breezeway. Additional features include accessible design elements and a high-efficiency HVAC system with advanced air filtration. A rare opportunity combining convenience, unrestricted usable land, and flexible living space—minutes from everything Banner Elk and the High Country has to offer.
Highlights
Property details
- MLS #
- CAR4338330
- Property type
- Single Family Residence
- Subdivision
- None
- Status
- Active
- Days on market
- 163
- On market date
- January 20, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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.
- Enrollment
- 172
- Student:teacher ratio
- 12.3:1
- District
- Avery County Schools
- Enrollment
- 257
- Student:teacher ratio
- 12.9:1
- District
- Avery County Schools
- 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).
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 2, 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.