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

Lot 1 Laurel Ridge Lane, Banner Elk
$485,000
0.56 Acres ⋅ ACTIVE Status
Prime Location Meets Panoramic Views in the Prestigious Elk River Club! Discover the perfect setting for your mountain dream home with this exceptional, easy-build homesite. Perched in a highly coveted, prime location, this property offers stunning, elevated vistas overlooking the Elk River Valley, the Jack Nicklaus Signature golf course, the vibrant tennis complex, and the fully appointed clubhouse. Convenience is unmatched—enjoy close proximity to the heart of the club's amenities. This buildable lot is ideally suited for a luxury cottage home, perfectly positioned to capture sweeping views and cooling mountain breezes. Embrace the ultimate High Country lifestyle in a premier community known for its world-class amenities, security, and natural beauty. Don't miss this rare opportunity to build your dream home, right where you want to be!

Lot 1 Laurel Ridge Lane, Banner Elk
Lot 60 Rocky Parkway, Banner Elk
$390,000
1 Acres ⋅ ACTIVE Status
Magnificent, Peaceful Mountain views from this desirable building lot in gated Rocky Knob where Nature beckons to leave the hustle behind. Level building site overlooking Matney Valley. Build your mountain retreat to enjoy each of the four seasons at over 4,800 feet above sea level including spectacular fall colors, winter snow, spring renewal and cool summer breezes. Underground utilities includes fiber optic Internet and the lot has access to a shared well. Wake up to gorgeous sunrises, enjoy lazy days watching hawks circling over the mountains, experience star-filled nights. Abundant wildlife, small natural area parks & a walking trail. This small community is within a short driving distance to Lees-McRae College, Banner Elk Winery, Blue Ridge Parkway, Grandfather Mountain, Beech and Sugar Mountain Ski slopes. Take a 15-minute scenic drive down Shawnee Road to Banner Elk, home to excellent restaurants, cultural and musical events. Rocky Knob where nature beckons you to relax, renew and recharge with just the right balance of natural setting seclusion and convenient location.

Lot 60 Rocky Parkway, Banner Elk
100 Summersweet Drive, Banner Elk
$345,000
3 Beds ⋅ 2 Baths ⋅ 1,152 SqFt. ⋅ 0.64 Acres ⋅ ACTIVE Status
Welcome to this well-maintained 3-bedroom, 2-bath split-level home tucked away at the end of a quiet dead-end drive, offering a peaceful setting with minimal traffic and a convenient location just minutes from both Banner Elk and Newland, where you'll enjoy easy access to shopping, dining, skiing, hiking, and all the High Country has to offer. The thoughtfully designed floor plan features a split-level entry with all bedrooms, bathrooms, and the main living spaces conveniently located on the same level. The kitchen opens to a spacious dining and living area, creating an inviting space for gathering with family and friends. Step outside onto the back deck, where mature trees provide a sense of privacy while offering beautiful seasonal views of vibrant fall foliage and Beech Mountain during the winter months. The full-length unfinished basement and one-car garage provide abundant storage and incredible potential for future expansion, whether you're envisioning additional living space, a workshop, recreation room, or hobby area. The surrounding yard also offers excellent opportunities for gardening and enjoying the outdoors. Since purchasing the home, the sellers have made numerous improvements, including radon mitigation (2021), a wood stove installation (2022), updated kitchen appliances (excluding the refrigerator) in 2022, updated lighting throughout the kitchen, living room, dining area, and foyer, bathroom exhaust installation (2022), a 220-volt outlet for generator power servicing both the home and shared well pump, moisture barrier coating on the basement block walls, and a new architectural shingle roof with seamless gutters installed in 2024. Whether you're searching for a full-time residence or the perfect second home, this property offers privacy, thoughtful updates, room to grow, and an ideal location close to Banner Elk, Newland, shopping, dining, outdoor recreation, and year-round amenities.

100 Summersweet Drive, Banner Elk
S12 Sky Rock Trail, Banner Elk
$315,000
1.536 Acres ⋅ ACTIVE Status
360-degree mountain views await from this exceptional 1.54-acre homesite in the sought-after gated community of Monteagle. Offering breathtaking long-range, layered, and Grandfather Mountain views, this rare level lot provides an easy building site with unforgettable sunrises, spectacular sunsets, and panoramic scenery in every direction. Located just three miles from downtown Banner Elk, you'll enjoy convenient access to restaurants, shopping, skiing, golf, hiking, and the Banner Elk Winery. Monteagle features paved roads, underground utilities, low annual HOA dues, and both short-term and long-term rentals are permitted, making this property an outstanding opportunity for a full-time residence, mountain getaway, or investment property. If you've been searching for one of the High Country's most scenic and build-friendly homesites, this is it.

S12 Sky Rock Trail, Banner Elk
20 Cabin Ridge Lane, Banner Elk
$499,999
2 Beds ⋅ 2 Baths ⋅ 1,306 SqFt. ⋅ 0.51 Acres ⋅ ACTIVE Status
Experience the ultimate mountain lifestyle at 20 Cabin Ridge Lane, a stunning retreat nestled in the heart of the Blue Ridge Mountains. This property offers the perfect blend of a peaceful, secluded setting while remaining just minutes from the area's best attractions, including skiing, hiking, fishing, rafting, local vineyards, and horseback riding. This successful, recently renovated Airbnb & VRBO rental property boasts an impressive rental history, sold fully furnished making it truly turnkey. The cabin has undergone extensive upgrades over the past two years, including a new roof, new laminate flooring, a brand-new hot tub/jacuzzi, a new HVAC system, newly installed gutters, and a redone driveway.  Featuring fresh paint throughout, the home offers a comfortable layout with 2 bedrooms, bonus room and 2 baths. Outdoor living is a true highlight here, complete with an extended deck great for taking in the stunning mountain views, an outdoor grill, and a cozy fire pit for evening gatherings. Whether you are seeking a primary residence or a high-performing investment, this home provides an exceptional turnkey opportunity in the High Country.

20 Cabin Ridge Lane, Banner Elk
737 Lower Crab Orchard Road, Banner Elk
$334,900
3 Beds ⋅ 2 Baths ⋅ 1,904 SqFt. ⋅ 7.16 Acres ⋅ ACTIVE Status
Here's your chance to own a piece of the valley in Valle Crucis!! Enjoy lots of room inside this 2006 double-wide along with almost 7 acres of land. You'll love the open floor plan with the primary bedroom on one side and two more bedrooms on the other side. There's even a bonus room that works well as an office or playroom. You'll be amazed how large the living, dining and kitchen areas feel! This home does need some TLC inside with paint and flooring. Outside, the brand new metal roof was added just this year, but needs new decking in front and back. The block skirting does need some repairs but it does not affect the permanent foundation. This land is wooded, great for hiking or building another home.

737 Lower Crab Orchard Road, Banner Elk
ES16 Eagle Feather Trail, Banner Elk
$279,900
2.017 Acres ⋅ ACTIVE Status
Nestled within the high country's premier mountain community, this exceptional 2.07-acre homesite offers an unparalleled opportunity to build a custom mountain retreat in the highly sought-after development of The Lodges at Eagles Nest. Situated perfectly in the Eagle Springs section, a location widely considered the sweet spot or middle of the mountain, this property strikes the ideal balance between high-altitude tranquility and convenient access to all community features. Positioned gracefully at the very end of a quiet cul-de-sac, the property ensures a peaceful, low-traffic environment where you can design a masterpiece framed by nature. The highlight of this premium parcel is its commanding, long-range northeastern views. Imagine waking up to magnificent sunrises breaking over the distant ridgelines, painting the sky in brilliant hues of orange, pink, and gold. The expansive vista provides an ever-changing backdrop throughout the seasons, from the lush, vibrant greens of summer to the fiery palette of autumn and the crisp, snow-capped peaks of winter. To help you visualize the incredible building potential of this terrain, both the topography map and a comprehensive survey can be readily provided upon request, streamlining your architectural planning process. Location is everything, and this property places you just minutes from Camp Eagles Nest, one of the premier amenity hubs on the mountain. Active enthusiasts will delight in the proximity to the tennis courts, basketball courts, and the increasingly popular pickleball courts, offering endless opportunities for friendly competition. Families will love the state-of-the-art children’s playground, designed to spark imagination and outdoor adventure. A beautifully stocked fishing pond invites peaceful afternoons by the water, while an extensive network of hiking and biking trails weaves directly through the area, letting you immerse yourself in the mountain environment right outside your door. Beyond the immediate neighborhood, ownership in The Lodges at Eagles Nest grants access to a world-class array of resort-style amenities that redefine mountain living. Food enthusiasts can enjoy fine dining at the renowned Epic Chophouse, while everyday conveniences are remarkably close by with an on-site Dollar General. Wine lovers can spend their afternoons savoring premium blends at the gorgeous Eagles Nest Winery, surrounded by sweeping mountain views. For those who seek adventure, miles of multi-use paths cater to hiking, mountain biking, and dedicated ATV trails, allowing you to explore the vast, rugged beauty of the terrain. Health and wellness are easily maintained at the community's fitness center, while entertainment takes center stage at the spectacular outdoor amphitheater. This vibrant gathering place hosts live concerts most Saturdays from May through October, bringing the community together under the stars for unforgettable musical performances. Golfers of all ages can enjoy the beautifully maintained 18-hole putt-putt course, perfect for casual family tournaments. This 2.07-acre lot is not just a piece of land; it is an invitation to a dynamic lifestyle that seamlessly blends luxury, outdoor recreation, and community spirit. With its optimal middle-of-the-mountain position, breathtaking northeastern views, and placement at the end of a cul-de-sac, it represents one of the finest options available today.

ES16 Eagle Feather Trail, Banner Elk
187 Little Creekside, Banner Elk
$425,000
1 Beds ⋅ 2 Baths ⋅ 1,316 SqFt. ⋅ 3 Acres ⋅ ACTIVE UNDER CONTRACT Status
Discover the perfect High Country retreat in the heart of the Valle Crucis community, ideally situated between Boone and Banner Elk. This charming 1-bedroom, 2-bath mountain cottage features a loft used as an additional sleeping area, offering comfort, flexibility, and the quintessential mountain-living experience. Set on 3 beautifully landscaped acres, the property is bordered by a serene rhododendron-lined creek, creating a peaceful natural backdrop. Enjoy the cool mountain climate from the covered deck, where the little creek sets the tone for relaxation. Inside, the cottage offers warm, inviting living spaces, while outside, the property shines with exceptional functionality. A 1,250-square-foot detached 2-car garage includes a large workshop and storage area for hobbies, equipment, or outdoor gear. A semi-circle driveway provides easy access and ample parking. Located just minutes from some of the area’s most beloved attractions, you’ll have quick access to hiking, fishing, skiing, golf, tennis, and biking, along with the charm and conveniences of the Valle Crucis community. The home is part of a well-run POA in a long-established neighborhood, offering peace of mind and a sense of community. Whether you’re seeking a full-time residence, a mountain getaway, or an investment opportunity, this creekside cottage delivers the perfect blend of privacy, natural beauty, and convenience.

187 Little Creekside, Banner Elk
C120 Springwater Lane, Banner Elk
$349,900
3.01 Acres ⋅ ACTIVE UNDER CONTRACT Status
Situated within the highly sought after The Lodges at Eagles Nest community, this exceptional 3.01-acre lot offers the perfect opportunity to build your dream mountain retreat. Boasting a sought-after southern exposure, this property provides breathtaking long-range sunset views that are sure to impress. The lot also features unique rock formations, adding to its charm and character. The Lodges at Eagles Nest is known for its upscale amenities and pristine natural surroundings, making it a highly desirable location for those seeking a luxury mountain living experience. Residents of this community have access to a variety of recreational facilities, including hiking trails, a fitness center, a playground, and more. Additionally, the community hosts regular events and activities, creating a strong sense of community among its residents. With its ideal southern exposure, this lot offers abundant natural light throughout the day, creating a warm and inviting atmosphere. The stunning long-range sunset views provide the perfect backdrop for relaxing evenings and outdoor entertaining. Whether you're looking to build a primary residence or a vacation home, this property offers endless possibilities for creating a one-of-a-kind mountain retreat. Don't miss this opportunity to own a piece of paradise in the Lodges at Eagles Nest community. Build your mountain dream home on this picturesque 3.01-acre lot and start enjoying the ultimate mountain lifestyle surrounded by natural beauty and luxury amenities. Experience the best of mountain living with this extraordinary property. Schedule a showing today and prepare to be captivated by the stunning views and serene surroundings that await you at this remarkable mountain homesite.

C120 Springwater Lane, Banner Elk
430 Laurel Ridge Road, Banner Elk
$355,000
2 Beds ⋅ 2 Baths ⋅ 1,005 SqFt. ⋅ 0.09 Acres ⋅ ACTIVE Status
TURN KEY home located in the Mill Ridge community of Foscoe, NC. "The Little Red Treehouse" is a newly renovated property that serves as an ideal full-time residence, starter home, or successful investment property. This light-filled, two-bedroom, 1.5-bathroom home features vaulted ceilings in a spacious living and dining area, kitchen with a large cast iron sink and 1/2 bath with washer/dryer. - Lower Level: A primary bedroom with a mini-split and sitting area, a second bedroom perfect for bunk beds or a home office, and a full bathroom. Additionally, the property offers ample storage throughout the interior. Efficient heating via a central propane heater and individual area heaters, with a window air conditioner in the kitchen for summer cooling - Outdoor Living: An extended deck for seasonal views and an encapsulated crawl space with heater. The home comes fully furnished, with only a few exceptions. Located in a charming, walkable neighborhood, the property is minutes away from skiing, hiking trails, shopping, Grandfather Winery and the Watauga River. Residents also enjoy Mill Ridge community amenities, including a heated pool, tennis courts, hiking trails, and a clubhouse featuring a commercial kitchen and fireplace. Ample parking area. Centrally located between Boone and Banner Elk. Income producing property. New water installed Oct/2026

430 Laurel Ridge Road, Banner Elk
TBD Little Tree Lane, Banner Elk
$430,000
10.64 Acres ⋅ ACTIVE Status
Set in the heart of Valle Crucis, this Rare beautiful 10.64-acre property offers a perfect blend of partially wooded landscape and open pastoral scenery, all complemented by stunning long-range views. The land features gentle, rolling topography with softly sloping hills, creating an ideal setting for a variety of homesites. A well-maintained gravel road provides easy access, while abundant natural sunlight enhances the property’s appeal. With multiple potential building sites and no restrictions, this is your opportunity to design and build your dream home in a serene mountain setting. A rare find in Valle Crucis, easily accessible in a peaceful, private setting that feels worlds away.

TBD Little Tree Lane, Banner Elk
Lot 36 Summit Park Drive, Banner Elk
$399,000
5.37 Acres ⋅ ACTIVE Status
Discover your dream homesite nestled in the heart of this premier gated subdivision, located on the most coveted street at the top of the mountain community. This premium wooded lot offers stunning, layered long-range mountain views that stretch for miles — a truly rare opportunity in such a sought-after location. Enjoy cool mountain breezes, breathtaking sunrises, and unobstructed panoramic vistas year-round. The peaceful, well-maintained community offers 24/7 manned guard gate, underground utilities, and well-kept roads, ensuring both comfort and convenience. Elk River Club is a 1200 acre mountain subdivision with member amenities including a Jack Nicklaus Signature Golf Course, Tennis facility with 6 Har-Tru Courts, Fitness Center, Pool, Equestrian Center, Pickleball and members only Airport with runway strip.

Lot 36 Summit Park 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.”

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