photo 2
 photo 3
 photo 4
 photo 5
Custom Terrace
 photo 7
Main level living room
 photo 9
Bonus room
Sunroom/Tea Room
Main Level Bedroom #1
Main Level Full Bathroom #1
Bonus Room Main Level
Main Level Bedroom 2
Main Level Full Bathroom #2
Stairs to Second Level
Second level living room
Grand Kitchen!
Dining area and refrigerator #1
Refrigerator #2
 photo 22
 photo 23
 photo 24
 photo 25
Primary Suite Second Level
 photo 27
 photo 28
Primary Suite Full Bath Second Level
 photo 30
 photo 31
Guest Suite Second Level
 photo 33
Full Bathroom #2 Second Level
Game room basement level
 photo 36
 photo 37
 photo 38
 photo 39
 photo 40
Fishing minutes away
Close to area ski resorts
Snowtubing nearby!
 photo 44
44 photos

$1,050,000

Banner Elk, NC 28604
Listed by Kimberly Mateiko · C-21 Mountain Vistas
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1989

About this home

Valle Crucis Masterpiece: 5,100 SQ FT of Limitless Opportunity with High visibility and traffic count! Experience a rare blend of mountain charm and massive versatility in the heart of historic Valle Crucis. This sprawling 5,100 sq. ft. estate offers a unique floor plan designed for those who dream big. Whether you envision a premier retail boutique, a spa wellness center, an art gallery, or a Bed & Breakfast to capture the High Country’s thriving tourism, a refined family estate, or a multi-generational retreat, this property delivers. This property boasts expansive, light-filled rooms, while the fully-equipped second living quarters provide an immediate solution for guests, a private home office, or a high-demand short-term rental. With 'lots of spaces' including flex rooms, workshops, and storage, easy access with 12+ parking spaces, and two outbuildings on approximately 3 acres. Close proximity to the historic Mast General Store, area ski resorts, snow tubing, hiking, fly fishing, and scenic Blue Ridge Parkway. Originally, this home was built as a residence and business, with the business on the main level and the second level as the living quarters. The current owners have completed some amazing updates, such as adding real stone on the exterior, paint and hardware in the kitchen, granite kitchen counters, hardwood floor repairs upstairs, hardwood floor installation downstairs, shower renovations, house entry renovation, new doors inside and outside, new roofing, new outdoor brick terrace with a stone fireplace, extensive paint inside and out, lighting, fans, landscaping work, carpeting, relocation of the laundry room, replacement of the copper plumbing, a new tank-less gas water heater, exterior lights, new multiple HVAC's. This home is being offered beautifully furnished! This property is in a rental program managed by the sellers. This is more than a home—it's a landmark investment in historic Valle Crucis.

Property details

MLS #
CAR4354176
Property type
Bed/Breakfast
Subdivision
N/A
Status
Active
Days on market
111
On market date
March 4, 2026
Stories
2
Garage spaces
N/A
Lot size
N/A
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Valle Crucis Elementary
1.27 mi away · Grades -1-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
331
Student:teacher ratio
11.0:1
District
Watauga County Schools
Middle
None found nearby
High
Watauga High
6.37 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,236
Student:teacher ratio
12.0:1
District
Watauga County Schools

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$6,473/mo
$210,000 down
$840,000 loan
Principal & interest$5,448
Property tax (est.)$875
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 23, 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.