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$1,100,000
5 Beds ⋅ 7 Baths ⋅ 2,698 SqFt. ⋅ 0.37 Acres ⋅ ACTIVE Status
Historic Banner Elk Estate: The Pink House A Distinguished Mountain Legacy Dating to 1912 Originally constructed as The Banner Elk Inn, this architecturally significant residence—affectionately known as “The Pink House”—represents a rare opportunity to own a piece of Banner Elk’s storied heritage. This renovated estate seamlessly marries period authenticity with contemporary luxury, creating an exceptional mountain retreat of unparalleled character. Prime Downtown Location Positioned just 0.3 miles from Banner Elk’s vibrant downtown corridor, this property offers the coveted combination of historic significance and modern convenience. Banner Elk’s finest restaurants, boutique shopping, and cultural attractions are within an easy stroll. Thoughtfully Curated Interiors The residence encompasses 5 bedrooms, 4 full bathrooms, and 3 half baths across three distinctive levels. The home’s historic soul reveals itself in the original parlor, where authentic beadboard walls and period lighting transport guests to a bygone era. The expansive living room, anchored by a gas fireplace and appointed with built-in bookcases, offers both grandeur and comfort with dual-function overhead lighting and ceiling fans. The main floor also features a generously proportioned primary suite with ensuite bathroom and walk-in closet. A mudroom entry provides integrated laundry facilities, complete with washer, dryer, and utility sink. A culinary centerpiece, the reimagined kitchen features custom cabinetry, premium Cafe appliances, and Italian soapstone countertops. A concealed walk-in pantry adds both functionality and intrigue, while the adjacent dining area provides an elegant setting for entertaining. The second level houses four additional bedrooms—two with private ensuite bathrooms—plus a shared full bathroom and convenient half bath. The third level provides two flexible spaces ideal for home offices, guest quarters, or creative pursuits, serviced by an additional half bath. Distinctive Outdoor Spaces Multiple exterior living areas enhance the property’s appeal. Original stone steps descend directly to Main Street, while a covered side porch with swing provides the perfect vantage point for mountain air contemplation. The thoughtfully landscaped grounds feature historic water fountains and an outdoor fireplace, creating intimate gathering spaces. A newly constructed rear patio, enclosed by custom fencing, offers additional privacy and entertaining opportunities. Investment Potential This exceptional property presents multiple ownership possibilities: establish a distinguished primary residence, create an enviable vacation retreat, or explore restoration as a boutique bed and breakfast with appropriate municipal permitting. The combination of prime location, historic provenance, and modern amenities creates a truly singular investment opportunity in Banner Elk’s prestigious real estate market. Broker Interest

160 Old Turnpike East Road, Banner Elk
$494,500
2 Beds ⋅ 3 Baths ⋅ 1,236 SqFt. ⋅ 2.17 Acres ⋅ ACTIVE Status
Set on 2.17 peaceful acres with beautiful, long-range views of layered mountains and pastoral landscapes, this 1910 farmhouse offers a quiet retreat deeply rooted in its natural surroundings. Fully renovated in 2019, the home features two bedrooms, two and a half bathrooms, and an inviting interior updated with 2020 interior paint and new window treatments in the primary and guest bedrooms. The main level includes an updated kitchen with a 2022 refrigerator and a newly installed 2025 dishwasher, a dining room with a new chandelier, forced-air propane heating, and an included washer and dryer. Upstairs, a versatile bonus area provides an extra bedroom and an office or play space, offering significant functional room not counted in the heated square footage due to ceilings just under seven feet. Outside, the exceptionally quiet grounds invite exploration and relaxation, featuring three distinct ponds, an established kitchen garden yielding fresh fruits and vegetables, stone-bordered flower beds, and a fire pit. An expansive deck, extended in 2020 and freshly stained in 2026, provides an ideal vantage point for enjoying the serene environment and ample mountain sunshine. Practical property features include an outdoor cellar for extra storage, new gutters and exterior paint completed in 2023, and a new gravel driveway from 2026 that offers generous parking. Notably, the property and its surrounding land sustained no damage from Hurricane Helene. Offering a genuine sense of seclusion and tranquility without sacrificing convenience, this beautiful property sits just eight minutes from Banner Elk Winery, nine minutes from downtown Banner Elk, and eleven minutes from Valle Crucis.

1193 Oliver Hill Road, Banner Elk
$319,900
2 Beds ⋅ 1 Baths ⋅ 740 SqFt. ⋅ 3.01 Acres ⋅ ACTIVE Status
Charming Creekside Mountain Cabin on 3.01 Unrestricted Acres – Minutes from Downtown Banner Elk - Escape to your own private mountain retreat with this charming and affordable creek side cabin, nestled on 3.01 unrestricted acres just minutes from downtown Banner Elk. Whether you're searching for a peaceful full-time residence, a weekend getaway, or an excellent investment property, this beautifully renovated cabin offers the perfect combination of privacy, comfort, and convenience. Surrounded by native rhododendrons and mountain laurel, the home enjoys a tranquil, park-like setting where the soothing sounds of the creek create the ideal mountain escape. Recent improvements provide peace of mind and include a new roof, gutters, spacious deck, completely updated spring water system (including the spring box, pump, piping, pressure tank, pressure switch, and water filtration system), along with new kitchen appliances. Spend your mornings with a cup of coffee or unwind in the evenings on the expansive front porch overlooking the peaceful creek, where you can enjoy the sights and sounds of nature year-round. Inside, the inviting open-concept floor plan features a warm and welcoming living area, a beautifully updated kitchen with butcher block countertops, a live-edge breakfast bar, and a charming dining area. The cabin also offers two comfortable bedrooms and a full bath, making it the perfect size for family, guests, or vacation renters. A small storage shed conveys with the property, providing additional space for outdoor gear and equipment. Furnishings are negotiable, making this mountain retreat move-in or rental ready with minimal effort.

166 Charlie Hicks Road, Banner Elk
$995,000
4 Beds ⋅ 3 Baths ⋅ 3,335 SqFt. ⋅ 2.7 Acres ⋅ ACTIVE Status
Luxury Live Auction! Bidding to start from $995,000.00! 140 Library Lane is an iconic in-town historic estate offering nearly 3 private acres in the heart of Banner Elk. Perfectly positioned just steps from Lees-McRae College and moments from downtown, this rare property combines exceptional privacy, timeless character, & unmatched convenience. A total of 5 bedrooms & 4 baths with an apartment not counted in the total sq.ft. TOTAL LIVING SQ. FT. 3,923!. Enjoy walkable access to acclaimed dining, boutique shopping, concerts, festivals, & greenway trails, while surrounded by the serenity of mature trees, curated landscaping, & expansive grounds. The 4-bedroom,3-bath main residence with 3,335 sq. ft. showcases craftsmanship rarely found today, with original hardwood floors,solid wood doors,wide baseboards,& rich wormy chestnut trim throughout. 3 impressive stone natural gas fireplaces anchor the living spaces & reflect the home’s historic charm. The original parlor offers warmth & character, while the spacious family room with abundant windows provides a welcoming gathering space with stone fireplace and rich wormy chestnut accents. There is an office that could be utilized in other ways on the main level. A formal dining area connects easily to the kitchen, creating ideal flow for entertaining. The kitchen features a stone fireplace, high-level granite countertops, a large island with seating, and generous cabinetry complemented by an impressive pantry with pull-out storage. There is a dining table here overlooking the landscaped yard for casual meals. A full laundry/mudroom with sink & storage provides convenient access to the stone patio and outdoor living areas as well as the garage. Upstairs, four bedrooms offer comfort and flexibility, each with its own character. The spacious primary suite includes a sitting area, office space, 2 walk-in closets, a full bath, enclosed water closet and walk-in shower, creating a private retreat within the home. Thoughtful updates enhance both comfort and efficiency, including updated siding, windows, and a new roof, while preserving the home’s architectural integrity. A beautifully designed deck extends the living space outdoors, overlooking the wooded acreage and providing an ideal setting for quiet relaxation. A fully furnished spacious 1-bedroom, 1-bath apartment with over 580 sq. ft. above the oversized heated 2 car garage offers exceptional versatility for guests, extended family, or rental income. The garage includes an EV-capable outlet, and the attached heated workshop with 220v/45-amp service is ideal for hobbies, wood working, studio use, or professional workspace. Additional storage buildings provide further utility. The nearly 3-acre grounds create a private, park-like setting within town limits, featuring stone patios, covered porches, perennial gardens, rhododendron groves, and open lawn areas. Zoned R-2, the property allows for accessory dwellings and home occupations, with potential rezoning opportunities subject to approval. Properties offering this combination of acreage, historic character, flexibility, and premier location are exceptionally rare. Library Lane is one of Banner Elk’s most desirable in-town settings—quiet, established, & adjacent to Lees-McRae College. Properties of this scale and proximity simply do not come to market often. Properties offering this combination of acreage, historic character, flexibility, & premier location are exceptionally rare. 4,900 TOTAL SQ.FT.

140 Library Lane, Banner Elk
$749,000
5 Beds ⋅ 4 Baths ⋅ 2,905 SqFt. ⋅ 0.38 Acres ⋅ ACTIVE Status
This spacious and beautifully appointed mountain retreat truly has it all! Step inside to soaring vaulted ceilings and an inviting open-concept floor plan designed for gathering family and friends. The stunning kitchen features granite countertops, stainless steel appliances, and ample space for entertaining. The main level offers a spacious family room with a beautiful fireplace, two primary suites with baths, and an additional bedroom. Upstairs, guests will enjoy a loft gaming area perfect for relaxing after a day of adventure. The lower level provides exceptional flexibility with a second full kitchen featuring granite countertops and stainless steel appliances, three additional bedrooms, and a recreation area complete with a newly covered pool table. With accommodations for up to 14 guests, this property is ideal as a vacation home, rental investment, or full-time mountain getaway. One of the property's most desirable features is its location—walkable to downtown Banner Elk via the Greenway, giving you easy access to restaurants, breweries, shopping, parks, and popular summer concerts. Enjoy the convenience of leaving the car behind while still being tucked away in a beautiful mountain setting. For winter fun, you're less than five miles from Sugar Mountain Resort, offering skiing, snowboarding, tubing, and year-round mountain adventures. Whether you're searching for a mountain retreat, a high-performing short-term rental (2026 year to date gross 27,817), or both, this exceptional property offers the perfect combination of location, space, and amenities. A rare opportunity to own a home that comfortably sleeps 14 guests while being walkable to everything Banner Elk has to offer!

260 Balsam Lane, Banner Elk
$1,249,000
3 Beds ⋅ 1 Baths ⋅ 1,428 SqFt. ⋅ 11.5 Acres ⋅ ACTIVE Status
4,000+ FT ELEVATION | 11+ ACRES HISTORIC FARM | UNRESTRICTED VERSATILITY Rare opportunity to own a majestic 11+ acres mountain estate nestled in the heart of the High Country. Ideally situated just outside the Banner Elk city limits, this historic farm offers the perfect balance of seclusion and convenience—located just moments before the ascent up Beech Mountain Parkway. At an elevation of 4,000+ feet, the property features sweeping panoramic views of Grandfather, Sugar, and Beech Mountains. This sanctuary boasts a picturesque creek, cascading waterfalls, and a mix of lush, wooded trails and rolling cleared pastures. The estate includes two residences: a charming 3BR/1.5BA main house with a cozy propane fireplace and whole-house generator, plus a separate 2BR/1BA guest house—great for a family compound or immediate short-term rental income. Functional outbuildings include a classic barn, tool shed, granary/shop, cellar, and two carports. With multiple high-elevation building sites and no city-limit restrictions, this is a "blank canvas" for a legacy retreat or premier investment. Experience mountain living at its finest, with world-class skiing, golf, and trout fishing right at your doorstep.

344 & 348 Tumbling Brook Drive, Banner Elk
$895,000
3 Beds ⋅ 3 Baths ⋅ 1,872 SqFt. ⋅ 1.46 Acres ⋅ ACTIVE UNDER CONTRACT Status
This is a rare opportunity in downtown Banner Elk. This newly renovated, one level living home on a flat lot was previously occupied by just one family for 65 years. The three-bedroom, three-bath home has been completely redone to include a new roof, windows, doors, dual fuel HVAC system, kitchen, bathrooms, floors, two concrete patios, landscaping and a private asphalt driveway. The home sits on 1.46 acres of usable, flat property with 250 feet of frontage on Shawneehaw Creek and within a short distance to the greenway trail connector to take you to Banner Elk Park. The home is located near all the great restaurants, entertainment and events downtown Banner Elk has to offer.

115 Balsam Lane, Banner Elk
$450,000
3 Beds ⋅ 3 Baths ⋅ 1,981 SqFt. ⋅ 1.57 Acres ⋅ ACTIVE UNDER CONTRACT Status
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 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 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 have to offer.

6670 Hickory Nut Gap Road, Banner Elk
$1,250,000
7 Beds ⋅ 8 Baths ⋅ 4,853 SqFt. ⋅ 3.977 Acres ⋅ ACTIVE Status
The Taylor House Inn ~ an important piece of Valle Crucis history and an iconic High Country property, brimming with storybook-like charm and offering potential for a number of uses. Nestled just down the street from the original Mast General Store and in close proximity to Valle Crucis Park and the Watauga River, this 3.9+ acre property offers a 7-bedroom/7.5-bath main home, 2 bedroom/2 bath guest home, additional guest cottage, storage & multi-use building, and a detached garage on flat, usable yards with wooded acreage behind (trail potential!) & the sites & sounds of Crab Orchard Creek just across the road. The Taylor House or main home, originally built ~1911 by Squire Taylor himself, lies on the National Register of Historic Places. The perfect place for a homestead, family estate/legacy property, turnkey Inn or B&B, commercial office, or more, this property offers easy access year-round on state-maintained roads and level driveway. The large farmhouse front porch of the Taylor House Inn is the perfect place for overlooking the yards and pastoral mountain views. On the main level, find a formal entry/foyer, living room, den/study, formal dining room, commercial kitchen, primary suite, office, and mudroom – just across the stone patio from the ‘Milk House’, an unfinished storage building housing the laundry room. Off the second level landing, find four bedroom/bathroom suites as well as an additional bedroom and full bath. The third level offers a spacious suite with full bath open to a sitting area. The guest home or ‘Red Cottage’ offers living & kitchenette, primary suite with jetted tub/tiled shower, + guest suite. The other guest cottage, or ‘Flower Cottage,’ offers bonus space + full bath - set up as sleeping area. A detached garage sits next to the flat, usable yards that surround the structures. Fully furnished - minor exceptions! Amenities: high-speed internet, security system, gazebo, some original glass windows & tubs (~1911).

4584 & 4582 NC Highway 194 S, Banner Elk

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”