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

$1,299,000

3 Beds ⋅ 3 Baths ⋅ 4,398 SqFt. ⋅ 4 Acres ⋅ ACTIVE UNDER CONTRACT Status

Just 15 minutes from downtown Boone, 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 in beautiful Watauga County. 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 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

444 S Beech Mountain Parkway, Banner Elk

$1,299,000

0.7 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

$1,199,770

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

$1,099,000

1.05 Acres ⋅ ACTIVE Status

Apple Blossom Estate Four Turnkey Residences • Three Mountain Homes • One Exceptional Opportunity A rare opportunity to own four turnkey residences, fully furnished and established for short-term rentals, within three beautifully maintained mountain homes in the heart of Banner Elk. Whether you're seeking a premier investment, a mountain retreat, or the perfect balance of personal enjoyment and rental income, Apple Blossom Estate offers a level of flexibility rarely found in the High Country. Every residence has been meticulously maintained and thoughtfully furnished, reflecting the pride of ownership evident throughout the property. Professionally managed and truly turnkey, Apple Blossom Estate provides a seamless transition for its next owner. Every residence features a dedicated Level 2 EV charging station, an increasingly sought-after amenity for today's travelers. The property is offered as a package and includes a completed survey with future subdivision potential, providing exceptional flexibility for the future. Whether preserved as a single investment, enjoyed as a retreat, or explored for future subdivision, the possibilities are extensive. Enjoy the convenience of easy year-round paved access without sacrificing the mountain experience. Located just minutes from downtown Banner Elk, Sugar Mountain, Beech Mountain, wineries, restaurants, hiking, golf, fishing, and year-round recreation, Apple Blossom Estate combines accessibility with everything that makes the High Country one of North Carolina's most desirable destinations. Properties offering this combination of turnkey condition, professional management, future flexibility, easy access, and prime Banner Elk location rarely become available. Apple Blossom Estate is more than a collection of mountain homes—it's a rare opportunity to own one of Banner Elk's most distinctive properties.

164 Apple Blossom Lane, Banner Elk

$1,099,000

3 Beds ⋅ 4 Baths ⋅ 2,408 SqFt. ⋅ 0.262 Acres ⋅ ACTIVE Status

Perched to capture sweeping views of Sugar Mountain and Beech Mountain, this 2024-built home blends modern craftsmanship with mountain charm. Designed for comfort and flexibility, it features three spacious primary suites, including two on the main level for easy living. The great room impresses with vaulted tongue-and-groove ceilings, stone gas fireplace, a wall of windows to take in the views, and seamless flow into a kitchen appointed with leather finished marble counters, stainless appliances, and stylish details throughout. A versatile bonus room offers endless possibilities. Ideal as a bunk room, recreation room, or family room depending on your needs. Each bath is beautifully tiled with marble counters, and the home comes tastefully furnished, making it truly move-in ready. An oversized garage completes the home. Step outside to enjoy cool mountain evenings in the hot tub or covered deck, perfectly positioned to take in the views and fresh High Country air. Fabulous location, just 5 minutes to downtown Banner Elk including restaurants, shopping theater, skiing, concerts and the Banner Elk Park. This is a rare opportunity to own a thoughtfully designed, luxury mountain retreat so close to all the amenities the High Country has to offer. The entire property is 7 acres, the maximum homes allowed is 6 so only 3 more max. Rental history available.

56 Grouseberry Drive, Banner Elk

$1,475,000

3 Beds ⋅ 3 Baths ⋅ 2,121 SqFt. ⋅ 2.19 Acres ⋅ ACTIVE Status

Nestled within the highly sought-after Vineyard Reserve at The Lodges at Eagles Nest, Sunset View Retreat offers an exceptional blend of luxury, privacy, and breathtaking long-range mountain views. Built in 2021 and set on 2.19 private acres, this fully furnished 3-bedroom, 3.5-bath mountain home also features a versatile flex room on the main level, making it ideal as an additional sleeping area, home office, or second living space. Thoughtfully designed for both everyday living and entertaining, the open-concept floor plan welcomes you with soaring vaulted ceilings, expansive windows that fill the home with natural light, and a cozy gas fireplace. The beautifully appointed kitchen features elegant countertops, stainless steel appliances, and a spacious center island with seating, flowing effortlessly into the dining and living areas. The main-level primary suite serves as a private retreat, complete with stunning mountain views and a spa-inspired ensuite featuring dual vanities and a beautifully tiled walk-in shower. The adjoining flex room offers additional accommodations with a queen sleeper sofa and access to a full bath. Upstairs, you'll find a second king bedroom, a charming bunk room perfect for family or guests, and another full bathroom. Outdoor living is equally impressive. Enjoy spectacular sunsets from the expansive deck, relax in the premium Bullfrog Spa hot tub, grill with friends while taking in the fresh mountain air, or spend evenings gathered around the fire pit beneath a blanket of stars. Just a short walk or two-minute drive away, Eagles Nest Winery offers the perfect destination for an afternoon wine tasting or an evening with friends. As part of The Lodges at Eagles Nest, owners enjoy access to an incredible collection of amenities, including ATV trails, hiking and biking trails, pickleball and tennis courts, trout waters, a fitness center, dog park, and much more. With short-term rentals permitted and a strong rental history, this property presents an outstanding opportunity as a luxury mountain retreat, full-time residence, or investment property in one of the High Country's premier communities.

200 Red Sky Parkway, Banner Elk

$1,495,000

4 Beds ⋅ 4 Baths ⋅ 3,367 SqFt. ⋅ 1.56 Acres ⋅ ACTIVE UNDER CONTRACT Status

Motivated Seller!!! Located just minutes from Downtown Banner Elk, this exceptional custom log home offers a rare combination of privacy, panoramic views, and in town convenience. This is a Southland Log Home, which is known for high quality craftsmanship, precision milled large logs, and long term structural integrity. This home blends classic mountain character with modern comfort. The property sits on a 1.56 acre lot on Klonteska Dr. with direct access to Main Street in Banner Elk, right near the stoplight and within close proximity to local restaurants, shops, Lees-McRae College, and everything this vibrant mountain town has to offer. The welcoming entrance leads into an open floor plan with vaulted ceilings that immediately draws you toward the impressive stone fireplace. A seamless blend of log and drywall construction creates a home that feels rustic yet refined, warm yet spacious. Beautiful large logs and thoughtful finishes throughout highlight the home’s timeless mountain elegance. The main level features newly installed white oak flooring, a fully remodeled kitchen with granite countertops, high end appliances, ambient cabinet lighting, and a convenient main level laundry area. The primary suite is also located on the main level and includes a large closet and stunning bath with dual vanities, heated tile floor and a custom shower. Two additional oversized bedrooms and a full bath are located on the second level, while the newly remodeled lower level offers a built-in bunk room and dedicated office space, ideal for guests or remote work. and another beautiful full bath with radiant heated floors. Additional features include an oversized two car garage, city water and sewer, a panel in place for a generator hookup, and a buried 500 gallon propane tank that services the propane fireplace and a propane fueled HVAC system with integrated humidifier and dehumidifier. Recent updates include a new roof in 2023 and a new furnace in 2024. Perched above Banner Elk, the home boasts expansive long range views in nearly every direction, including Sugar Mountain, Beech Mountain, Roan Mountain, Grandfather Mountain, and surrounding valleys and ridge lines. This is an incredible opportunity to own a true mountain cabin within town limits. Ideal as a primary residence, vacation home, or rental investment, this property delivers the feeling of a private mountain retreat with all the convenience of in town living. Homes like this rarely come available and this one will not last long.

487 Klonteska Drive, Banner Elk

$1,500,000

42.43 Acres ⋅ ACTIVE Status

Unbelievable opportunity for UNRESTRICTED acreage 5 minutes from downtown Banner Elk! Come and envision your dream estate, with pastures ready to be reclaimed and utilized for your horses or livestock as they were for generations. Offered for sale for the first time in over 100 years, this is the kind of opportunity that doesn't come along often! With frontage on both Shawnee and Old Farm Road, development potential is fantastic. Power is on the property furthering the items needed to create your vision. The Shawneehaw creek originates on the property and provides potential water for livestock and soothing sounds and sights from the acreage. Perched at elevations climbing from 4,200-4,500 feet, enjoy the cool summers that people all over the world long for. Don't miss a true once in a lifetime opportunity, take time to watch the video and come and walk the property with your agent today! Cash only. House and outbuildings are given no value and being sold as-is, but may be of interest depending upon a Buyers intended use.

455 Shawnee Road, Banner Elk

$1,239,000

4 Beds ⋅ 4 Baths ⋅ 3,541 SqFt. ⋅ 1.36 Acres ⋅ ACTIVE Status

Welcome to Signature Ridge Lodge! Located in the Blue Ridge Mountains just outside of Banner Elk, this beautiful cabin features 4 bedrooms, 3.5 bathrooms, and over 3,500 square feet of living space. Sitting at approximately 4,000 feet in elevation, the property offers a quiet and private wooded setting with pastoral views out back. Inside, you'll find a welcoming foyer that opens into the grand living room featuring vaulted ceilings and a cozy gas-burning fireplace. The spacious kitchen offers granite countertops, stainless steel appliances, ample pantry space, and flows seamlessly into the dining area, making it ideal for entertaining. The main level also features a generously sized primary suite with an en-suite bathroom and private access to the back deck. Upstairs are two additional bedrooms, a full bathroom, and an open catwalk overlooking the living area below. The lower level features a large game and entertainment space, an additional bedroom, a bunk room, a full bathroom, and access to the garage. Outside, you'll find plenty of deck space with both covered and open-air sections for relaxing and enjoying the mountain setting. The sprawling yard and cozy fire pit create the perfect place to gather with friends and family on cool summer evenings. From the peaceful setting to the abundant outdoor living space, this property is mountain living at its finest. When not being enjoyed by its current owners, this cabin has been a successfully managed vacation rental property. The community is Airbnb and VRBO friendly for those looking to continue short-term rentals. The property can be offered fully furnished with an acceptable offer.

407 Signature Ridge Road, Banner Elk

$1,380,000

2 Beds ⋅ 3 Baths ⋅ 2,542 SqFt. ⋅ 0.35 Acres ⋅ ACTIVE Status

Turnkey mountain living doesn't get much easier than this. Located in the Village section of Eagles Nest — one of the most sought-after gated communities in the High Country — 10 Eaglewood Trail is low-maintenance, move-in ready, and set up perfectly for the way people actually want to use a mountain home. The home features two primary ensuites, a bunk room, and two living spaces each anchored by a fireplace — plenty of room for family and friends without anyone feeling crowded. Step outside to a hot tub and fire pit area that make the mountains feel like your own retreat. A fresh exterior stain gives the whole home a clean, well-cared-for look that's ready for its next chapter. The Village section means exterior maintenance is handled for you, and easy access to Banner Elk puts restaurants, shopping, and skiing just minutes away. Inside Eagles Nest you have access to miles of trails, The River Club, fishing, and amenities that make this community truly one of a kind. Whether you're looking for a full-time residence, a weekend escape, or a strong short-term rental, this one checks all the boxes without asking much of you in return.

10 Eaglewood Trail, Banner Elk

$1,149,000

3 Beds ⋅ 3 Baths ⋅ 3,267 SqFt. ⋅ 1.24 Acres ⋅ ACTIVE Status

Welcome to The Wheelhouse, a truly stunning, custom-crafted mountain masterpiece that offers the quintessential log cabin experience with none of the traditional maintenance. This one-of-a-kind, energy-efficient work of art is built with concrete logs poured from molds of historic cabins, providing an element-proof, bug-free, and life-proof exterior with concrete chinking that never requires staining or painting. Built by Spring Green Building & Design with incredible attention to detail, the breathtaking interior brims with character, featuring soaring cathedral ceilings, a majestic tree structure extending into the loft with a synthetic red-tailed hawk mascot, Douglas-fir beams from Washington, and hand-hewn wood railings. An integrated residential elevator easily transports heavy groceries, clothing, or even a wagon of firewood from the lower level to the main floor, creating a completely step-free, accessible layout. The main-level living room anchors the home with a cozy wood-burning fireplace framed by a real historic barn hay door, complete with a hidden gas line for a seamless future conversion. The spectacular open kitchen is a chef's dream, beautifully blending high-end functionality with a rustic aesthetic featuring gorgeous granite countertops, a premium propane gas cooktop, and a double oven. Designed intentionally so modern appliances do not disrupt the cabin's historic charm, the kitchen seamlessly integrates hidden features, including a custom cabinet-face dishwasher and a microwave cleverly tucked into the incredible center island. This masterfully designed culinary space offers fantastic flow for entertaining alongside an abundance of clever storage options. The adjacent Thomas Edison powder room boasts walls made from original factory flooring and an Edison-style commode to match. The main-level primary suite features gorgeous rustic wood, granite, a water closet with a bidet, and direct access to the expansive, freshly sealed wrap-around covered porch. Upstairs, the tucked-away loft office includes a built-in desk and bookshelves alongside two guest bedrooms, one featuring a custom bunk bed with a secret charging compartment. The lower level is built for active mountain living, highlighting resilient concrete flooring perfectly suited to handle the traffic of ski boots and winter gear and a spacious garage with workshop space. Entertainment abounds in the basement with a pool table that conveys, a bar crafted from Haitian mahogany, a massive storage room, and a showstopping hidden Elvis Presley museum room with memorabilia negotiable. Situated in a perfect setting, the gorgeously landscaped yard boasts a fantastic sledding hill, a fenced dog area, a fabulous fire pit, and a signature, fully functional exterior water wheel where you can relax and listen to the faint music of Music in the Valle on Friday nights. Be prepared to be wowed. This home and property are a true work of art.

262 Red Tailed Hawk Road, 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.”

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

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

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