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Exceptional Downtown Banner Elk Opportunity! Located within the city limits of Banner Elk, this spacious SEVEN bedroom, four and a half bath mountain home offers unbeatable combination of character, convenience and investment potential. Banner Elk is known for its walkable downtown, dining, shopping and lively events, making this location especially appealing for both full-time living and vacation rental use. Inside the home there is a floor to ceiling real rock wood burning fireplace as well as another impressive stone wall with a flue for a Jotul wood stove that creates an inviting gathering space outside of the kitchen. With 7 bedrooms and 4.5 baths, there is plenty of room for family, friends or vacation guests. Outdoor living is also appealing with 2 large decks. There is a lower level under the basement that has been previously used as a workshop. Great space! The basement level can be accessed from outside and could be a separate 3 bedroom apartment. There with an old kitchenette in place so the kitchen fundamentals are there. City water and sewer. One of the greatest features of this home is the location!! You can easily walk to town to enjoy local events, restaurants, shops and even breweries. This home is a rare combination of space, character and convenience in the heart of Banner Elk.
| DAYS ON MARKET | 2 | LAST UPDATED | 8/28/2026 |
|---|---|---|---|
| TRACT | Beacon Hills Estates | YEAR BUILT | 1985 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| Jr. High School | Avery |
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Range, Electric Water Heater, Gas Water Heater, Microwave, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Crawl Space, Exterior Entry, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| FIREPLACE | Yes |
| HEAT | Baseboard, Electric, Fireplace(s), Forced Air, Natural Gas, Propane, Wood, Wood Stove |
| INTERIOR | Cathedral Ceiling(s), High Speed Internet, Vaulted Ceiling(s) |
| LOT | 0.339 acre(s) |
| LOT DIMENSIONS | 0.339 |
| PARKING | Asphalt, Driveway, No Garage |
| SEWER | Public Sewer |
| STORIES | 4 |
| STYLE | Mountain |
| SUBDIVISION | Beacon Hills Estates |
| TAXES | 3597 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | R2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Marsha McManus, The Summit Group Of The Carolinas, (828) 898-3500
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