Explore Banner Elk, Avery County, NC Homes for Sale Between $250,000 to $500,000

Homes for Sale in Banner Elk, Avery County, NC Between $250,000 to $500,000

Welcome to your dedicated resource for Homes for Sale Between $250,000 to $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 $250,000 to $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 $250,000 to $500,000

173 Old Turnpike NW Road, Banner Elk
$417,500
5 Beds ⋅ 3 Baths ⋅ 1,875 SqFt. ⋅ 0.26 Acres ⋅ ACTIVE UNDER CONTRACT Status
Take a fresh look! Complete exterior & interior repaint just completed this month!! Rare Opportunity!! Only listing like this in downtown Banner Elk; Set up as a duplex (but could be used as a single family with a rental income apartment (recently rented both units for total $3000/month! No lease/ tenants in place now to make it easy to show/ sell), or with the stairs from the main level down to the workshop/garage, it could easily be finished out as a 5/3 home with an extra living/kitchen below) that is walking distance to town!!! It's very rare for any multi-family to come on the market in Downtown Banner Elk on city water/sewer/maintained-paved roads, and this investment has been a great asset for 11 years to the current owner. Easily accessible with paved driveway, and fully remodeled when purchased, including metal roof, new kitchens, new baths, new plumbing, new windows, lvp flooring, etc, the duplex features a 2/1 below, and a 3/2 above, with separate entrances/decks. The basement features a 1-car garage and large workshop area (this is set up to be assessed by either unit, depending on which wants to include it in their lease). There is a small flat yard around the lower unit. Old Turnpike runs next to a noisy creek, and is a quiet, flat street that is great for walking. In past tenants pay all utilities 50/50 between the units; with power on 1 meter. Ready now to move-in!

173 Old Turnpike NW Road, Banner Elk
4559 Laurel Creek, Banner Elk
$310,000
1 Beds ⋅ 1 Baths ⋅ 789 SqFt. ⋅ 1.01 Acres ⋅ ACTIVE UNDER CONTRACT Status
Escape to your own private mountain retreat at 4559 Laurel Creek Road in Banner Elk. Nestled among towering hardwoods and overlooking the bold waters of Laurel Creek, this charming fully furnished log cabin offers the perfect blend of rustic character, modern comfort, and proven investment potential. Warm wood interiors, soaring vaulted ceilings, and expansive windows create an inviting atmosphere filled with natural light. The spacious great room is still cozy with a wood burning fireplace while the open living, dining, and kitchen areas make relaxing and entertaining effortless. The one-bedroom layout features a generously sized primary suite with a spa-inspired bath complete with dual vanities, a large jetted soaking tub, separate shower, and private deck access. This is a popular honeymoon spot. Step outside to enjoy covered front and rear porches, unwind in the private hot tub overlooking the creek, or simply listen to the peaceful sounds of rushing water from your secluded wooded setting. Currently operating as a successful vacation rental with an established rental history, this property is ideal as a personal mountain getaway, income-producing investment, or both. Even more unique, the neighboring cabin at 4533 Laurel Creek Road (MLS 263552) is also available, presenting a rare opportunity to own two complementary cabins that are thoughtfully positioned for privacy. Keep one for personal use while renting the other or add both to your portfolio and continue their success as sought-after Blue Ridge Mountain escapes. Conveniently located just minutes from downtown Banner Elk, Beech Mountain, Sugar Mountain, hiking trails, wineries, restaurants, and year-round High-Country attractions, this peaceful creekside cabin offers the mountain lifestyle buyers are searching for.

4559 Laurel Creek, Banner Elk
Lot S-93 Talon Trail, Banner Elk
$389,900
1.185 Acres ⋅ ACTIVE Status
This 1.19-acre lot in The Lodges at Eagles Nest offers an incredible opportunity to build your mountain dream home in one of Banner Elk’s most sought-after communities. Ideally situated to take in long-range mountain views and vibrant sunsets, the property features a gentle slope with easy road access, making it suitable for a walk-out basement design. Enjoy a wide range of amenities including gated entry, hiking, biking, and ATV trails, sport courts for basketball, pickleball, and tennis, a playground with climbing tower, helipads, on-site dining at Epic Chophouse and Sportsman’s Grille, and a 24/7 Dollar General store. Surrounded by beautifully constructed homes and scenic landscape, this lot will appeal to those looking to build now or invest in a high-elevation lifestyle retreat.

Lot S-93 Talon Trail, Banner Elk
Lot #6 River Haven Drive, Banner Elk
$293,500
0.556 Acres ⋅ ACTIVE Status
Stunning 0.56-Acre Riverfront Homesite in Riverwalk – An Exclusive Eagles Nest Community. Discover the beauty and tranquility of this exceptional 0.56-acre riverfront homesite nestled within Riverwalk, an exclusive gated enclave of only six homesites, with four already completed. Located just three minutes from downtown Banner Elk, Riverwalk offers the rare opportunity to enjoy peaceful riverfront living while being moments from charming boutiques, outstanding local restaurants, and the acclaimed Lees-McRae Summer Theatre, making it easy to enjoy concerts, live performances, and the vibrant mountain lifestyle year-round. This beautiful property sustained no damage from Hurricane Helene and was not subject to any special assessments, offering added peace of mind for future owners. As part of the prestigious Eagles Nest community, Riverwalk property owners enjoy full access to an unmatched collection of luxury amenities, including premier trout fishing along the Elk River and all the exceptional offerings at The Lodges at Eagles Nest. Amenities include The Great Camp, Sportsman's Lodge, miles of ATV and hiking trails, a dog park, climbing tower, Teepee Village, The Winery, and the popular Epic Chophouse, providing endless opportunities for recreation, relaxation, and dining. Riverwalk combines luxury with flexibility, featuring low HOA dues of just $2,200 annually (which includes plowing of road in winter and grass cutting), a minimum build requirement of only 1,100 square feet, paved roads, underground utilities, and beautifully maintained landscaping with mature hardwoods and native mountain plantings. Architectural plans are subject to approval by the Architectural Review Committee, ensuring the community's exceptional quality and character. Adding to its appeal, this homesite already includes a designated parking area accommodating two full-size SUVs, making it easy to begin planning your mountain retreat. With Architectural Review approval a detached garage could be erected on the parking side. Whether you're envisioning a private mountain escape, a full-time residence, or an investment property, this remarkable riverfront homesite offers the perfect balance of natural beauty, luxury amenities, and everyday convenience. The existing steps leading to the river are provided solely to help visualize where a future deck or outdoor living space could potentially be positioned. Come experience the beauty, privacy, and lifestyle that make Riverwalk one of the High Country's most desirable riverfront communities.

Lot #6 River Haven Drive, Banner Elk
TBD Featherwood Trail, Banner Elk
$369,000
6.613 Acres ⋅ ACTIVE Status
6.6 ACRES WITH CREEK!! Rare opportunity for a large estate lot in the popular Monteagle Subdivision just outside of Downtown Banner Elk. This well established high elevation subdivision is gated and very convenient to Downtown Banner Elk with its restaurants and shops. A short drive to both Sugar Mountain and Beech Mountain Ski and Mountain Bike Resorts. This huge parcel is located in a quiet cul de sac offering peace and privacy. Great view potential with some selective tree work. There are many beautiful homes scattered throughout this gorgeous 265 acre community with its paved roads and stunning views. Many opportunities here to create a private paradise, family compound, hiking and ATV trails and more. Priced at only $56,000 per acre so get it now before it is gone.

TBD Featherwood Trail, Banner Elk
Lot 5 River Haven Drive, Banner Elk
$297,500
0.519 Acres ⋅ ACTIVE Status
Elk River frontage, Lot 5 is .519 acres +/- around 3,400 ft elevation at Riverwalk an Eagles Nest Community. Riverwalk is a small community of 9 lots with 4 homes already completed where owners can enjoy exclusive membership to the River Club, providing access to prime trout fishing waters along the Elk River. Minimum heated living area for construction 1,100 sq ft with Architectural committee review. The gated community offers paved road, underground electric, mature landscaping with hardwoods and rhodendrons. Riverwalk owners have access to The Lodges at Eagles Nest community amenities inlcuding ATV/Hiking Trails, Pavilion, Sportsman's Lodge, Ball Field, Sports Court, Dog Park, Playground, Archery, Climbing Tower, The Great Lawn, Toy Barn, Cigar Bar, BBQ Pavilion, Fire Pits, Teepee Village, winery and more. Located minutes from Banner Elk restaurants and shopes as well as High Country activities including wintertime skiing. Communicty septic installed. Permit in disclosures. Owner financing available.

Lot 5 River Haven Drive, Banner Elk
Lot 16B Talon Trail, Banner Elk
$499,900
3 Acres ⋅ ACTIVE Status
Opportunities like this are almost unheard of in The Lodges at Eagles Nest. Lot 16B on Talon Trail offers 3 acres with the rare ability to expand your mountain estate by purchasing surrounding lots, creating up to 15 acres of privacy and breathtaking long-range mountain views. Large acreage opportunities like this inside Eagles Nest are extremely limited, making this a unique chance to own space, privacy, and unforgettable scenery in one of the High Country’s most sought-after communities. Eagles Nest offers an unmatched mountain lifestyle with amenities including Epic Chophouse, the Sportsman’s Grille, weekly live concerts from May through October at the Great Camp Amphitheater, pickleball, basketball and volleyball courts, miles of ATV and hiking trails, and the “Different Way of Living” culture that makes this community truly special. This lot is conveniently located between all three Eagles Nest gates, providing quick access to the Boone Gate, Beech Mountain Gate, and Banner Elk Gate—you couldn’t ask for a better location within the community. Build your dream mountain retreat and enjoy rare acreage, incredible views, and the Eagles Nest lifestyle just minutes from downtown Banner Elk.

Lot 16B Talon Trail, Banner Elk
Lot 17B Talon Trail, Banner Elk
$499,900
2.5 Acres ⋅ ACTIVE Status
It's uncommon to find acreage like this inside The Lodges at Eagles Nest. Lot 17B on Talon Trail offers a generous 2.5 acres, giving you room to build your dream mountain estate with breathtaking long-range mountain views and true privacy. And for those looking for even more space, surrounding lots are available for purchase, offering the unique ability to expand your holdings up to 15 acres total. Large acreage opportunities like this inside Eagles Nest are extremely limited, making this a unique chance to own space, privacy, and unforgettable scenery in one of the High Country's most sought-after communities. Eagles Nest offers an unmatched mountain lifestyle with amenities including Epic Chophouse, the Sportsman's Grille, weekly live concerts from May through October at the Great Camp Amphitheater, pickleball, basketball and volleyball courts, miles of ATV and hiking trails, and the "Different Way of Living" culture that makes this community truly special. This lot is conveniently located between all three Eagles Nest gates, providing quick access to the Boone Gate, Beech Mountain Gate, and Banner Elk Gate—you couldn't ask for a better location within the community. Build your dream mountain retreat and enjoy rare acreage, incredible views, and the Eagles Nest lifestyle just minutes from downtown Banner Elk.

Lot 17B Talon Trail, Banner Elk
Lot 17C Talon Trail, Banner Elk
$499,900
2.5 Acres ⋅ ACTIVE Status
The Lodges at Eagles Nest doesn't offer many chances to secure acreage like this. Lot 17C on Talon Trail delivers 2.5 private acres with sweeping long-range mountain views — the kind of setting that's increasingly hard to find in this community. And if you want more room to spread out, neighboring lots are available, giving you the option to grow your holdings up to 15 acres. This is a genuine opportunity to claim space, privacy, and scenery in one of the High Country's most sought-after communities. Life at Eagles Nest means access to Epic Chophouse and the Sportsman's Grille, live concerts at the Great Camp Amphitheater from May through October, courts for pickleball, basketball, and volleyball, miles of trails for ATVs and hiking, and the community's signature "Different Way of Living" spirit. Positioned centrally between the Boone, Beech Mountain, and Banner Elk gates, this lot offers some of the easiest access in the entire community. Come build your dream mountain retreat here — with rare acreage, incredible views, and everything Eagles Nest has to offer, just minutes from downtown Banner Elk.

Lot 17C Talon Trail, Banner Elk
Lot 16A Talon Trail, Banner Elk
$499,900
3 Acres ⋅ ACTIVE Status
Opportunities like this are almost unheard of in The Lodges at Eagles Nest. Lot 16A on Talon Trail offers 3 acres with the rare ability to expand your mountain estate by purchasing surrounding lots, creating up to 15 acres of privacy and breathtaking long-range mountain views. Large acreage opportunities like this inside Eagles Nest are extremely limited, making this a unique chance to own space, privacy, and unforgettable scenery in one of the High Country’s most sought-after communities. Eagles Nest offers an unmatched mountain lifestyle with amenities including Epic Chophouse, the Sportsman’s Grille, weekly live concerts from May through October at the Great Camp Amphitheater, pickleball, basketball and volleyball courts, miles of ATV and hiking trails, and the “Different Way of Living” culture that makes this community truly special. This lot is conveniently located between all three Eagles Nest gates, providing quick access to the Boone Gate, Beech Mountain Gate, and Banner Elk Gate—you couldn’t ask for a better location within the community. Build your dream mountain retreat and enjoy rare acreage, incredible views, and the Eagles Nest lifestyle just minutes from downtown Banner Elk.

Lot 16A Talon Trail, Banner Elk
Lot 16C Talon Trail, Banner Elk
$449,900
4.44 Acres ⋅ ACTIVE Status
Lot 16C on Talon Trail offers 4.44 acres—providing ample space to create your own mountain retreat surrounded by breathtaking long-range views. For those seeking an even larger estate, the surrounding lots are also available, offering the rare opportunity to expand your property to nearly 15 contiguous acres. Opportunities to own this much acreage within Eagles Nest are exceptionally limited, making this a truly unique offering. Eagles Nest offers an unmatched mountain lifestyle with amenities including Epic Chophouse, the Sportsman's Grille, weekly live concerts from May through October at the Great Camp Amphitheater, pickleball, basketball and volleyball courts, miles of ATV and hiking trails, and the "Different Way of Living" lifestyle that has made Eagles Nest one of the High Country's premier luxury communities. Conveniently located between all three Eagles Nest gates, this property provides quick access to the Boone Gate, Beech Mountain Gate, and Banner Elk Gate—you couldn't ask for a better location within the community. Build your dream home and enjoy the perfect combination of privacy, spectacular views, world-class amenities, and an unbeatable location, all just minutes from downtown Banner Elk.

Lot 16C Talon Trail, Banner Elk
F-22 Old McGuire Road, Banner Elk
$269,900
2.07 Acres ⋅ ACTIVE Status
Tucked within the coveted Farms section of The Lodges at Eagles Nest, this remarkable 2.07-acre homesite presents an exceptional opportunity to create a custom mountain retreat in one of North Carolina's premier luxury communities. As you make your way to the top of the property, incredible long-range Blue Ridge Mountain views unfold, providing a stunning backdrop for your future home. The gently sloping terrain offers an ideal homesite, while mature hardwoods create a private, peaceful setting that feels worlds away. Whether you envision a refined mountain escape, a full-time residence, or a luxury investment property, this homesite offers the perfect balance of natural beauty and endless potential. Enjoy access to Eagles Nest's unmatched lifestyle amenities, including miles of ATV, hiking, and biking trails, the North Pavilion, Sportsman's Lodge, Fitness Center, winery, restaurants including Epic Chophouse, pickleball courts, and more. With both short-term and long-term rentals permitted, this is a rare opportunity to own an extraordinary piece of the High Country.

F-22 Old McGuire 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.”

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