Explore Banner Elk, Avery County, NC Homes for Sale Between $500,000 to $750,000

Homes for Sale in Banner Elk, Avery County, NC Between $500,000 to $750,000

Welcome to your dedicated resource for Homes for Sale Between $500,000 to $750,000 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 $500,000 to $750,000 below, or contact a local agent to discuss the details that matters most to your search.

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Banner Elk, Avery County, NC Homes for Sale Between $500,000 to $750,000 Map Search
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All Banner Elk, Avery County, NC Homes for Sale Between $500,000 to $750,000

62 Eagle Cottage Lane Unit 5, Banner Elk
$740,000
1 Beds ⋅ 2 Baths ⋅ 1,306 SqFt. ⋅ 0.02 Acres ⋅ ACTIVE Status
Escape to the tranquil oasis of "Reel Relaxing", nestled in the sought-after River Club area of The Lodges at Eagles Nest. Surrounded by the breathtaking beauty of the Blue Ridge Mountains, this charming retreat offers an exceptional opportunity to embrace the relaxed mountain lifestyle. Fishing enthusiasts will appreciate the close proximity to the pristine Elk River, known for its world-class trout fishing. The River Club enhances the experience with access to a renovated barn featuring a cozy lounge, pool table, ping pong, and convenient owner-lockers for storing fishing gear and other personal items. Ownership at Reel Relaxing includes access to the premier amenities of Eagles Nest, including an outdoor amphitheater with seasonal concerts, miles of hiking, biking, and ATV trails, and family-friendly experiences at Camp Eagles Nest. Residents also enjoy gathering spaces like the Sportsman's Grille and North Pavilion, with the newly built, award-winning Epic Chophouse. With a proven track record as a successful rental through Blue Ridge Mountain Rentals, Reel Relaxing presents a compelling investment opportunity in a thriving vacation market. Inside, the home offers a warm, inviting atmosphere, great for unwinding after a day of mountain adventures. Whether you're seeking a secluded mountain escape or a high-performing rental property, Reel Relaxing delivers the perfect blend of comfort, convenience, and natural beauty.

62 Eagle Cottage Lane Unit 5, Banner Elk
214 Sugar Bear Ridge Lane, Banner Elk
$665,000
2 Beds ⋅ 2 Baths ⋅ 1,721 SqFt. ⋅ 0.69 Acres ⋅ ACTIVE Status
This enchanting stone mountain cabin offers the perfect blend of natural splendor and mountain comfort. Thoughtfully designed, the home features a primary bedroom on the main living level, with two additional bedrooms and a spacious game room downstairs—ideal for family and guests. A generous loft overlooks the living and dining area and provides flexible space for an office, den, or additional sleeping quarters. Located just moments from Sugar Mountain Resort, this property is a dream for skiing and snowboarding enthusiasts. Spend your days on the slopes, then return to your cozy retreat to unwind. Relax in the hot tub overlooking the peaceful, murmuring stream, or gather around the outdoor fire pit under a canopy of stars for evenings filled with warmth, laughter, and mountain serenity. Blending scenic beauty with modern comfort and close proximity to year-round outdoor adventure, this charming mountain getaway is the perfect escape. The owners have invested in numerous quality improvements that may not be immediately visible, but add tremendous long-term value and peace of mind. Thoughtful upgrades include BRAND NEW roof, an encapsulated crawl space, whole-house water filtration system, and a newer water heater—just a few of the many enhancements that contribute to the home’s comfort, efficiency, and overall care. The home is being sold furnished and is currently part of a successful vacation rental program, offering both personal enjoyment and income potential.

214 Sugar Bear Ridge Lane, Banner Elk
132 Heather Lane, Banner Elk
$630,000
5 Beds ⋅ 4 Baths ⋅ 2,337 SqFt. ⋅ 0.95 Acres ⋅ ACTIVE UNDER CONTRACT Status
Located approx a mile from the Town of Banner Elk, this charming mountain cottage sits in the highly sought-after Highlands community and offers proven income-producing potential as a high-performing short-term rental for the past three years. This fully furnished 5-bedroom, 3.5-bath Cape Cod-style home rests on nearly one acre (.95) and features a spacious open floor plan designed for comfort and entertaining. The main level includes a fully equipped kitchen, large dining area accommodating all guests at one table, and a bright living room filled with windows. A main-level bedroom with attached full bath and double closets provides convenient single-level living. Two decks on the main floor—one off the dining area and one off the living room—extend the living space outdoors. Upstairs features two bedrooms, including the primary suite with full bath, closet, and dormer seating with built-in storage. An additional bedroom offers a half bath, closet, and dormer bench/storage. The finished walkout basement adds two more bedrooms, a full bath, stackable laundry, and a converted one-car garage now serving as a game room with arcade games and movie space. Two separate basement entrances provide excellent functionality. The hot tub conveys and remains a favorite amenity for guests. This home appraised $10,000 above list price and generated $72,000 in rental income in 2024 despite significant fourth-quarter cancellations due to Hurricane Helene, projecting revenue potential near $100,000 annually. 2025 performance has remained strong, even with substantial owner use during peak summer months. P&L's are included in the attachments. Ideal as a turnkey investment property, second home, or full-time mountain retreat—minutes to dining, shopping, skiing, and year-round recreation.

132 Heather Lane, Banner Elk
180 Indian Paintbrush Drive Unit RA-2, Banner Elk
$699,900
3 Beds ⋅ 3 Baths ⋅ 1,660 SqFt. ⋅ ACTIVE Status
Building 180 on right lower level. this condo is luxury all the way. New hardwood floors with updated primary bathroom. primary bedroom has exit to covered deck and amazing views. Primary bathroom has new tile and jetted tub. the great room is centered around a beautiful fireplace with propane logs. Sliding doors leading to the covered deck. AMAZING VIEWS BUT MORE TREES have must been CUT SO THE VIEW WILL IS EVEN BETTER. This neighborhood has all the amenities you could want including INDOOR POOL, FITNESS CENTER, CLUBHOUSE. LOTS OF NATURE SURROUND THIS COMMUNITY BUT CONVENIENT TO EVERYTHING. The HOA fees include cable and internet. Rental history available upon request.

180 Indian Paintbrush Drive Unit RA-2, Banner Elk
Lot 38 Summit Park Drive, Banner Elk
$750,000
5.92 Acres ⋅ ACTIVE Status
Your mountain sanctuary awaits. This expansive 5.92-acre homesite offers a front-row seat to nature’s theater, featuring breathtaking long-range vistas and rolling mountain silhouettes that transform with every season. This property truly offers the best of both worlds: a lush, partly wooded landscape provides immediate natural privacy, while strategic clearings invite abundant sunlight and offer a simplified footprint for construction. It is the ultimate canvas for a custom mountain home designed to capture the beauty of the surrounding peaks.

Lot 38 Summit Park Drive, Banner Elk
214 Indian Paintbrush Drive Unit RC-1, Banner Elk
$710,000
3 Beds ⋅ 3 Baths ⋅ 1,669 SqFt. ⋅ ACTIVE Status
Panoramic long-range layered views from this 3BR|3BA Grand Oaks condo at Echota on the Ridge. Offered fully furnished, this lower level condo is accessible by stairs or elevator and features updates including newer HVAC system, stainless appliances and new hardwood floors in the primary bedroom and dressing area. Luxury finishes include oak hardwood floors, stacked stone gas fireplace with new gas logs and an adjacent built-in entertainment center. The kitchen features hickory cabinetry, tile backsplash and new stainless steel appliances. The open concept living and dining areas are perfect for entertaining, while large windows bring the outside in. Take in the exquisite mountain views from the covered deck with seating area. The views continue into the primary suite with an abundance of natural light in addition to new hardwood floors and adjoining primary bath with double vanity, spacious closet, ceramic tile flooring, tile shower and soaking tub with tile surround. The generous guest bedrooms each have their own bathroom, making it ideal for family and friends. Located in the sought-after gated community of Echota, owners enjoy an incredible maintenance-free lifestyle with unparalleled amenities. The community features two clubhouses, 2 outdoor pools, 1 indoor pool, 3 fitness facilities, a 25-acre riverpark, stocked fishing ponds, plus the exciting new owners-only Summit at Echota amenity center with its spectacular outdoor pool, deck, fitness facility, and skybridge.

214 Indian Paintbrush Drive Unit RC-1, Banner Elk
22 S Indian Rock Drive, Banner Elk
$549,500
4.248 Acres ⋅ ACTIVE Status
Experience breathtaking long-range mountain views from this spectacular 4.25-acre homesite located in the prestigious Lodges at Eagles Nest and once the Developer's Choice! Massive natural boulder formations frame the property, creating a dramatic landscape and offering exceptional privacy and seclusion. Enjoy unobstructed vistas of Grandfather Mountain. Perfectly situated, this lot is just one minute from the Great Camp, where you’ll find Epic Chophouse, the newest addition to Eagles Nest serving amazing food and outstanding atmosphere, seasonal concerts, the beloved Toy Barn, hiking and ropes courses, a ball field, and a fun-filled jungle gym. You’ll also appreciate the easy access to the main gate, making it simple to enjoy all the world-class amenities Eagles Nest and the surrounding High Country have to offer. This is a rare opportunity to build your dream mountain retreat in one of the area’s most desirable communities—don’t miss it!

22 S Indian Rock Drive, Banner Elk
L-64 Eagles Nest Trail, Banner Elk
$725,000
3.46 Acres ⋅ ACTIVE Status
The Lodges at Eagles Nest homesite L-64 is an exquisitely unique 3.46-acre property topping out at nearly 5,000 feet of elevation directly on the peak of the western ridgeline of the mountain. This stunning building site provides panoramic long-range rolling mountain views of dramatic eastern sunrises and western sunsets. The land is framed by spectacular boulder outcroppings and mature hardwoods and is the setting for an architectural masterpiece. L-64 has preliminary soil approval in place for a 4- BR septic system, which will greatly reduce the due diligence time, expense, and hassle for a new buyer. The Lodges at Eagles Nest is a 3,000-plus acre development featuring miles of pristine mountain trails for hiking, mountain biking, and ATV riding, a wildlife preserve, waterfalls, trout-filled streams, and access to the gorgeous Elk River. Amenities range from the highly-acclaimed new Epic Chophouse Restaurant, Eagles Nest Winery, Eagles Nest River Club, two outdoor barbecue pavilions with stone wood-burning fireplaces, an amphitheater built into the side of the mountain for concerts, two multi-purpose ballfields, basketball courts, fitness center, a dog park, an on-site Dollar General store, and an authentic teepee village. Call today to schedule a personal tour of this trophy building site in the hottest-selling community in The Blue Ridge Mountains, The Lodges at Eagles Nest!

L-64 Eagles Nest Trail, Banner Elk
TBD Rominger Road, Banner Elk
$500,000
37 Acres ⋅ ACTIVE UNDER CONTRACT Status
Unbelievable long range layered mountain views with river views in the valley below from this unrestricted large tract! Wind through the woods and into this peaceful and secluded tract with views from every corner. Two spring fed ponds on the property would allow one to restore the acreage to its former pasture and have one of the most jaw-dropping equestrian estates in the region, or simply clear enough for your serene oasis on top of the world. Located an easy 15 minutes from Banner Elk or 30 minutes from Boone, enjoy being centrally located to all that the high country has to offer. Don't miss your opportunity, come and see today!

TBD Rominger 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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