Explore Banner Elk, Avery County, NC Homes for Sale Between $1,000,000 to $1,500,000

Homes for Sale in Banner Elk, Avery County, NC Between $1,000,000 to $1,500,000

Welcome to your dedicated resource for Homes for Sale Between $1,000,000 to $1,500,000 in Banner Elk, Avery County, NC. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Banner Elk, Avery County, NC agent, Gatewood Group Real Estate specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the properties currently available between $1,000,000 to $1,500,000 below, or contact a local agent to discuss the details that matters most to your search.

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All Banner Elk, Avery County, NC Homes for Sale Between $1,000,000 to $1,500,000

$1,450,000
3 Beds ⋅ 3 Baths ⋅ 2,118 SqFt. ⋅ 0.6000000000000001 Acres ⋅ ACTIVE Status
Life at Eagles Nest means never running out of things to do — weekly concerts in the outdoor amphitheater, dinner at the Epic Chophouse, breakfast or lunch at the Sportsmen's Lodge and Grill, pickleball, tennis, and basketball courts, miles of UTV and hiking trails, trout-stocked ponds with River Club access, mountain mini golf, a fitness center, and glamping teepees for visiting guests. Built by Copper Nail Construction with natural wood and stone throughout, the home features timber posts and beams, tongue-and-groove white pine ceilings, oak hardwood floors, and Appalachian poplar bark accents. The kitchen offers custom cabinetry, granite counters, and an island bar flowing into the dining area and great room, anchored by a floor-to-ceiling Tennessee fieldstone fireplace and wet bar. Step onto the spacious deck for covered and open-air dining overlooking the river below. Welcome to Whiskey River Lodge, where you can fly fish from the backyard or float the river in a tube on a warm afternoon. The main-level primary suite offers river views and a soaking tub, while two upstairs guest bedrooms share a full bath. Currently enjoyed as a full-time residence, this home would make an equally wonderful mountain getaway or rental investment — a rare chance to own the river without giving up the mountain lifestyle.

148 River Haven Drive, Banner Elk
$1,295,000
4 Beds ⋅ 4 Baths ⋅ 2,972 SqFt. ⋅ 0.77 Acres ⋅ ACTIVE Status
Welcome to 128 Snow Fox Lane, a charming mountain retreat ideally located just minutes from downtown Banner Elk. Nestled in the peaceful setting of Silver Springs Farm Estates Community this home offers the perfect combination of privacy, convenience, and High Country living. Boasting Mountain Views, spacious homesite, walk out style lower level, and garage. House features four bedrooms, two living rooms, two read porches, home is fully furnished decorated and ready to move in! Enjoy easy access to Banner Elk’s restaurants and shops, as well as nearby skiing, hiking, golf, and year-round recreation at Sugar Mountain, Beech Mountain, and Grandfather Mountain. Whether you’re searching for a full-time residence, weekend mountain getaway, or investment property, 128 Snow Fox Lane offers an exceptional opportunity to enjoy the relaxed lifestyle and four-season beauty that make Banner Elk one of the High Country’s most desirable destinations.

128 Snow Fox Lane, Banner Elk
$1,375,000
4 Beds ⋅ 4 Baths ⋅ 3,728 SqFt. ⋅ 5.87 Acres ⋅ ACTIVE UNDER CONTRACT Status
A Private Mountain Retreat with Views, Luxury & Endless Adventure. Set within a gated mountain community and surrounded by nearly 6 acres across two lots, this exceptional mountain retreat offers the rare combination of privacy, mountain views, space to gather, and a proven rental history. This turn key, fully furnished home has been thoughtfully updated with elevated furnishings, stylish lighting, and inviting spaces throughout. The home comfortably accommodates 16+ guests, making it equally well-suited as a private escape or a highly desirable vacation rental. Here, the best days may be spent without ever leaving home. Take in the mountain views from the comfort of the expansive outdoor spaces/ multiple decks, soak in the hot tub beneath the stars, gather around the firepit, or retreat to the game room featuring a custom bar area designed for entertaining long after the sun goes down. And when you're ready to explore, the adventure is just outside your door. Enjoy the community's common area along the Elk River, where days are made for floating, fishing, wading, splashing, or simply sitting beside the water and taking in the beauty of the High Country. For those craving a little more action, you're just minutes from skiing and mountain recreation, as well as the charming town of Banner Elk, where you'll find locally owned shops, acclaimed restaurants, breweries, and live music. Whether your ideal getaway involves quiet mornings overlooking the mountains, afternoons on the river, or evenings gathered around the fire with friends and family, this property delivers an authentic High Country experience with the comfort and sophistication of a luxury retreat. Additional Features: Excellent rental history (available upon request), 2 car garage, lots of storage, 4 bedroom septic system installed 2021, updated bathroms (2021), updated furnishings (2021), decks painted 2026

821 River Run, Banner Elk
$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
$1,395,000
4 Beds ⋅ 4 Baths ⋅ 4,212 SqFt. ⋅ 0.07 Acres ⋅ ACTIVE Status
Welcome to Mill Pond Manor, an upscale and secluded enclave of only five units nestled within a park-like setting. This four bedroom, four bathroom townhome is set back among lush landscaping and the quiet calm of the Mill Pond waterfall and the Elk River. Over 4600 sq ft of total living space invites you to live and relax in this furnished oasis. Entry level living includes a primary suite, office, two full bathrooms, living room, kitchen, dining, foyer, laundry and a two car garage. Upstairs, you will find a spacious loft, two bedrooms, one bathroom, a very large bonus room which can be used as a bunk room, a theater, or another living space. Downstairs in the completely finished basement, you have a bedroom and full bathroom, plenty of storage, and an extremely large open space which can be a game room or family room. The large picture windows throughout the home bring plenty of light in to fill the cathedral ceilings. The walk in crawl space has its own exterior entrance, and is fully encapsulated for moisture. The property is surrounded by lush gardens and mature trees. The community garden includes a large grassy area for your four legged friends, as well as a gazebo with a grill and fire pit for neighborhood gatherings. Mill Pond Manor is within easy walking distance to downtown Banner Elk, Music in the Park, the farmers markets, the post office, and all downtown shops and restaurants. There is a discrepancy between the tax office and Carolina Measure Pro regarding square footage measurements. Professional measurements are provided in the MLS documents. An exclusion list to furnishings is supplied in the MLS documents and is comprised mostly of personal and decorative items. All primary furniture remains. Come see the best Banner Elk has to offer!

145 Mill Pond Manor Drive Unit 8, Banner Elk
$1,099,000
2 Beds ⋅ 2 Baths ⋅ 1,591 SqFt. ⋅ 0.15 Acres ⋅ ACTIVE Status
Experience mountain living at over 4,100 feet elevation in the heart of The Lodges at Eagles Nest. Located in the desirable Eagle Park section, this beautiful 2-bedroom, 2-bath timber-frame Craftsman combines authentic mountain character, upscale finishes and spectacular long-range, layered mountain views. Inside, soaring vaulted ceilings, impressive exposed timber beams and a floor-to-ceiling stone fireplace create a warm and inviting great room. The open kitchen features stone countertops, quality appliances and plenty of room to gather, while walls of windows bring the mountain views right inside. Two well-appointed bedrooms plus a sleeping/game loft offer comfortable accommodations for family and guests. The outdoor living space may be the real showstopper. Step onto the spacious covered back deck and settle into the newer hot tub while taking in layers upon layers of Blue Ridge Mountain views. An infrared heater makes the deck comfortable well into the cooler months, creating the perfect spot for morning coffee, evening sunsets or relaxing under the stars. Ownership in The Lodges at Eagles Nest brings access to an incredible collection of community amenities, including hiking and ATV trails, fitness facilities, pickleball and tennis, fishing waters, gathering areas and more—all surrounded by the natural beauty of the North Carolina mountains. Whether you're looking for a mountain getaway, full-time home or investment opportunity, 55 Eagle Park Drive offers the views, setting and lifestyle people come to Eagles Nest to find. Come see it for yourself!

55 Eagle Park Drive, Banner Elk
$1,299,900
3 Beds ⋅ 3 Baths ⋅ 3,312 SqFt. ⋅ 5 Acres ⋅ ACTIVE UNDER CONTRACT Status
Don't miss out on this remarkable opportunity to own in Eagles Nest! This home is being sold AS IS and would make a great rehab project for someone looking for old charm and privacy. Views from the gorgeous front porch are unmatched. The property currently sits on 5 acres but is being re-recorded and will be 3.192 acres. The detached garage has a FROG on the second floor with living space and a full bathroom.This property will not last long, schedule your showing today!

106 Thunderbolt Drive, Banner Elk
$1,300,000
3 Beds ⋅ 4 Baths ⋅ 3,779 SqFt. ⋅ 1 Acres ⋅ ACTIVE UNDER CONTRACT Status
Nestled at the base of Grandfather Mountain, discover the perfect blend of luxury, privacy, and natural beauty in this updated, furnished home on a private 1-acre creekfront lot in the prestigious Glens of Grandfather. Ideal as a full-time residence or mountain getaway, this property offers easy year-round access with a level, paved driveway. Surrounded by mature hardwoods and impressive native boulders, the setting feels secluded while the backyard is highlighted by a rushing creek with multiple waterfalls. Enjoy the soothing sounds of the water from the expansive rear deck or the charming creek side gazebo. Inside, the main level features a 2 story foyer and dramatic great room with soaring cathedral ceilings, a floor-to-ceiling stone fireplace, and expansive windows that fill the home with natural light while showcasing seasonal, up-close views of Grandfather Mountain. The updated kitchen flows seamlessly into the formal dining area, and the spacious primary suite offers the convenience of main-level living. A powder room, laundry room, and oversized two-car garage complete the main floor. The lower level is perfectly suited for guests or multi-generational living, offering a second full kitchen, dining area, living room with a gas fireplace, bedroom, a full bath, and a versatile bonus room. Upstairs you'll find an additional bedroom and bath, a loft-style sitting area, a private office, and another flexible bonus room. While the home is permitted for three bedrooms, the thoughtfully designed floor plan includes several bonus spaces ideal for home offices, hobbies, fitness, or additional guest accommodations. Extensive renovations include a new (currently being installed) roof, new HVAC system, security system, updated appliances and numerous quality updates that make this home truly move-in ready. With exceptional creek frontage, the relaxing sounds of cascading waterfalls, seasonal views of Grandfather Mountain, and a coveted location in one of the High Country's premier communities, this is a rare opportunity to own an extraordinary mountain retreat.

241 The Glens Boulevard, Banner Elk
$1,350,000
3 Beds ⋅ 3 Baths ⋅ 4,398 SqFt. ⋅ 4 Acres ⋅ ACTIVE Status
Set on 4 beautiful acres in the heart of Valle Crucis, this spacious modern mountain home offers the rare combination of privacy, usable land, mountain views, and convenient access to some of the High Country’s most beloved destinations. With 4 sleeping spaces, 3 bathrooms, approximately 4,398 square feet, multiple gathering spaces, and a flexible layout, there is room here for family, friends, and guests to spread out and enjoy mountain living. Tucked away at the end of a tree-lined lane, the property feels wonderfully removed while remaining just 1.5 miles from the iconic Mast General Store and Valle Crucis Community Park, only half a mile from Watauga River access, and just 15 minutes to downtown Boone and 20 minutes to downtown Banner Elk. Colorful sunset mountain views, a beautiful trickling stream, and a gently rolling, partially fenced yard create an inviting outdoor setting with plenty of room for lawn games, evening strolls, winter sledding, gardening, or simply enjoying the wildlife. From the covered front porch, watch deer, fox, and wild turkey wander through the property while taking in the peaceful mountain surroundings. Inside, the home's generous size and flexible floor plan make it equally well suited for full-time living, a mountain retreat, or an income-producing vacation rental. Two family rooms, each with a gas fireplace, provide comfortable spaces for gathering, while a large upper level living area offers additional flexibility for recreation, hobbies, an office, or overflow sleeping. Four separate sleeping areas comfortably accommodate at least eight guests, with the potential to sleep 12 or more by adding built-in bunks in the spacious upper-level bedroom. The home has also been thoughtfully renovated and updated throughout, allowing the next owner to enjoy the character and setting of a Valle Crucis mountain property with major improvements already completed. Recent updates include a new roof on both the home and workshop and fresh exterior paint, completed in June 2026, as well as three fully renovated bathrooms, an updated kitchen, and numerous additional improvements throughout the home. A complete list of renovations and improvements is available in the attached documents. The updated kitchen offers a warm and welcoming space for everything from quiet mornings to holiday gatherings, while the beautifully renovated bathrooms bring a fresh, modern feel. Throughout the home, thoughtful finishes and comfortable gathering spaces complement the natural beauty of the property. Whether you're looking for a place to put down roots, a peaceful mountain escape, or a property with strong investment potential, this Valle Crucis property offers an exceptional opportunity to enjoy 4 acres, generous living space, beautiful natural surroundings, and a location that puts the best of the High Country within easy reach. List of items that convey available upon request. Seller is a licensed NC Realtor. Please note: The home cannot be seen from the main road. Feel free to drive down Leighway Ln. to take a look. There is plenty of room to turn around.

165 Leighway Lane, Banner Elk
$1,299,000
0.7000000000000001 Acres ⋅ ACTIVE Status
A rare live/work commercial opportunity on Beech Mountain Parkway with full C-2 zoning and a transferable Special Use Permit allowing residential occupancy. Completely renovated to the studs in 2015—including a new roof installed that same year—this 4,359 sq ft building offers modern systems, including natural gas service, a tankless hot water heater, three-zone central heating and air-conditioning, and Town of Banner Elk water/sewer. The flexible layout and updated infrastructure provide turnkey readiness for a wide range of commercial uses. High-visibility frontage on the main corridor offers year-round exposure to resort traffic, second-homeowners, and local residents. The main level includes a welcoming reception area with a gas fireplace, a convenient service kitchen (all components except a stove), and a fully finished 1,262 sq ft apartment featuring 2 bedrooms and a spacious full bath with a separate tub and shower—ideal for owner-occupancy, staff housing, or supplemental rental income. The lower level includes a separate entrance, two half-baths, and a dedicated shower room with three individual showers and a double vanity—originally designed to support a hostel operation—offering exceptional flexibility for fitness, wellness, staff facilities, or specialty commercial uses. Ample parking, beautifully landscaped grounds, and room to build an additional structure (approx. 16'×40' garage/storage) enhance long-term potential. One of the few available commercial properties in Banner Elk/Beech Mountain—adaptable, visible, and ready for your business vision. Seller may consider a lease.

444 S Beech Mountain Parkway, Banner Elk
$1,350,000
3 Beds ⋅ 2 Baths ⋅ 1,726 SqFt. ⋅ 9.35 Acres ⋅ ACTIVE Status
Mountain Views, Like-New Condition, One-Level Living, and Room to Grow! Welcome to 1859 Shawnee Road in Banner Elk, where comfort, craftsmanship, and sweeping long-range views come together on 9.35 acres. This beautifully appointed 3-bedroom, 2-bath home offers 1,726 sq ft of finished one-level living, plus an impressive 1,371 sq ft of unfinished lower level—ready for future expansion and the opportunity to nearly double the home’s living area. Inside, you’ll find an inviting open floor plan with hardwood flooring, tongue-and-groove ceilings, a floor-to-ceiling stone gas fireplace, and abundant natural light. The kitchen features granite countertops, custom wood cabinetry, and stainless steel appliances, creating a warm and functional space for everyday living or entertaining. Outdoor living is equally exceptional. Enjoy the spacious deck overlooking long-range mountain views, or gather around the outdoor stone gas fireplace for cozy evenings in every season. Additional highlights include level entry, a one-car garage, and the privacy and space that only acreage can provide. Whether you’re seeking a full-time residence or a mountain retreat, this property offers quality finishes, beautiful views, and room to grow—all in the heart of the High Country.

1859 Shawnee Road, Banner Elk
$1,298,000
4 Beds ⋅ 4 Baths ⋅ 2,977 SqFt. ⋅ 1 Acres ⋅ ACTIVE Status
Set within the sought-after gated enclave of Silver Springs Farm Estates, this distinguished custom home, built in 2020 by Vonco Construction, blends mountain sophistication, superior craftsmanship, and a premier setting. Offered by its original owner, this home has never been rented — a rare opportunity for its next owner. The floor plan showcases a main-level primary suite with floor-to-ceiling sliding glass doors opening onto a partially covered rear porch, dual walk-in closets, and a spa-inspired bath with double vanities. A guest bedroom with a full bath completes the main level. The lower level expands the living space, offering versatility for multigenerational households or entertaining, with a spacious second family room, a secondary primary suite with a walk-in closet and oversized bath, an additional guest bedroom with full bath, and a dedicated laundry room. Thoughtful touches such as a tankless water heater, fireplace, and premium finishes carry throughout. Outdoors, sweeping views of Grandfather Mountain unfold from the covered porch, which extends the full length of the home. The welcoming Porte Cochere offers an elegant space. Just minutes away, discover scenic hiking trails, fly fishing, whitewater rafting, skiing, snow tubing, golf, boutique shopping, and the High Country's finest dining and wineries. Long-term rentals are permitted, offering flexibility for personal use or investment income. Whether a full-time residence, mountain retreat, or strategic investment, 726 Silver Springs Drive offers a lifestyle defined by Banner Elk's four-season beauty and refined High Country charm.

726 Silver Springs Drive, Banner Elk
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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.”