Explore Banner Elk, Avery County, NC Homes for Sale

Newest Homes for Sale in Banner Elk, Avery County, NC

Welcome to your dedicated resource for newest homes for sale 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 newest properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Newest Homes for Sale in Banner Elk, Avery County, NC

$279,000
1 Beds 2 Baths 669 SqFt. ACTIVE Status
Welcome to easy mountain living in Mill Ridge! This fully furnished condo is truly move-in ready—just bring your suitcase and start enjoying the High Country. The condo itself has recently received a fresh exterior paint job and also features a new roof, new deck boards and new railings, along with an encapsulated crawl space, so there is no long list of projects waiting for the next owner. One of the standout features is the spacious covered outdoor living room—an inviting extension of the home that essentially gives you a second living area. With plenty of room for comfortable seating, a TV and entertaining, it’s the perfect place for morning coffee, an afternoon with friends, or simply relaxing in the cool mountain air. The location within Mill Ridge is hard to beat. The swimming pool and tennis courts are a stone’s throw away, making them incredibly convenient to enjoy. At just $175 per month, the association fee is an exceptional value and includes water, sewer, access to on-site dumpsters, and use of the pool and tennis courts. You’re also just a short drive from area ski resorts, hiking and outdoor recreation, including the beautiful Profile Trail at Grandfather Mountain. Boone, Banner Elk, restaurants, shopping and everything the High Country has to offer are all within easy reach. This property would be a great fit for a first-time homeowner, parents wanting a comfortable furnished home for a college student, someone looking for a weekend or seasonal getaway, or anyone wanting an easy lock-and-leave mountain home. With two distinct living areas, furnishings already in place, great community amenities and a location that puts mountain recreation close by, this Mill Ridge condo offers an unusually easy way to start enjoying the High Country from day one.

196 Trout Pond Lane Unit 2, Banner Elk

$500,000
1 Beds 1 Baths 520 SqFt. 0.88 Acres ACTIVE Status
Tucked away along the river in the heart of the High Country, this charming mountain retreat offers a rare combination of river frontage, privacy and convenient access to Valle Crucis, Boone and Banner Elk. Situated on 0.89 acre, the one-level home provides an inviting escape where the sounds and views of the river create a peaceful mountain setting. The land is incredibly gentle, fully useable. The thoughtfully designed interior features one bedroom and one full bath, along with an open living, dining and kitchen area. Wood accents and a comfortable mountain aesthetic complement the natural surroundings, while covered and open deck areas provide wonderful spaces to relax outdoors, listen to the river and enjoy the cool mountain air. The property features river frontage and river views, a shared paved driveway and private paved road access. A metal roof, wood exterior and classic mountain architecture add to the home's rustic character. Fiber-optic and high-speed internet availability make it possible to stay connected while enjoying a quieter mountain lifestyle. With both short-term and long-term rentals permitted, the property offers flexibility as a personal getaway, investment property or combination of the two. Conveniently located off DeWitt Barnett Road near Valle Crucis, with easy access to Highway 105, this is an excellent base for enjoying everything the High Country has to offer. Whether you're looking for a weekend escape, mountain rental or simply a peaceful place along the river, 151 Red Tailed Hawk Road offers an opportunity to own a special piece of the North Carolina mountains.

151 Red Tailed Hawk Road, Banner Elk

$649,000
2 Beds 2 Baths 1,869 SqFt. 0.26 Acres ACTIVE UNDER CONTRACT Status
A luxury Banner Elk townhome with a GARAGE! 2 bedroom, 2 bath, mostly finished basement (just needs a mini-split) and one car garage with great year round access and in the quiet, upscale neighborhood of Silver Springs Farms! You will enjoy the space from neighbors with the 2 townhomes on each end with one car garages in the middle! No one above or below. Home features a large kitchen, dining room, tongue-in groove wood ceiling and stone fireplace in the great room, a covered deck, large upstairs loft and second bedroom/bath. Newer kitchen appliances and hot water heater (2021). Gorgeous luxury vinyl plank flooring, leathered kitchen granite counters and primary bath quartz counters. Enjoy the tranquil garden area! You don't have to worry about vacation renters coming and going with the minimum rental being one year and one day! City water, city sewer and city maintained road. Cable TV, satellite and high speed internet available. A radon mitigation system is installed. Buyer pays a $550 capital contribution to the Association at closing. Sold unfurnished. Elevation just over 3,500 feet. Natural gas to the home; no tank and no worries about running short of fuel. A wonderful buy within Town limits! Your place in the mountains! Central location to all that is offered in the Banner Elk/Beech and Sugar Mountain area! Banner Elk and vicinity is noted for fine dining, summer concerts, summer theater at Lees-McRae College, Grandfather Mountain State Park, Blue Ridge Parkway, hiking, skiing and other outdoor recreation! Seller needs a closing not before October 31 to accommodate a move. The shared driveway is with the other townhome unit. Sold unfurnished. There was a first level toilet leak a few years ago that was mitigated by a professional restoration company. Water was on the main level and down to the basement. Adding a mini-split in the basement (drainage and electrical in place) would add approximately 900 heated square footage and provide a third living area.

317 Silver Springs Drive Unit A, Banner Elk

$1,899,000
4 Beds 5 Baths 3,749 SqFt. 0.35000000000000003 Acres ACTIVE UNDER CONTRACT Status
Set within The Lodges at Eagles Nest, Mountain Vistas is a beautifully designed mountain retreat made for gathering, relaxing, and enjoying everything the High Country has to offer. Currently part of a successful vacation rental program with Blue Ridge Mountain Rentals, this home is being offered fully furnished and turn key, making it an exceptional opportunity for a mountain getaway, investment property, or both. Step inside to a light filled, open concept layout where soaring windows showcase the surrounding mountain scenery and a striking stone fireplace creates a warm and inviting focal point. The chef inspired kitchen features stainless steel appliances, a wine refrigerator, subway tile backsplash, solid quartz countertops, and a generous island with plenty of space for family and friends to gather. Just off the kitchen, a spacious deck with a grilling area extends the living space outdoors. The main level also features a convenient mudroom and laundry area, along with a private primary suite complete with its own balcony and ensuite bath. Upstairs, a secluded retreat offers a queen bedroom, full bath, and dedicated office space. The lower level is designed for fun and relaxation with a spacious game room featuring a pool table, card table, sectional seating, and television, along with a separate fitness or flex space. Two additional ensuite bedrooms provide comfortable accommodations for guests, including one with a king bed and another with two full beds. Step onto the expansive lower deck to unwind in the hot tub while taking in the mountain scenery and cool High Country air, or gather around the cozy fire pit near the main entrance for evenings under the stars. Mountain Vistas also enjoys a unique sense of privacy and additional breathing room, bordered by a community septic lot and an unbuildable lot. With multiple indoor and outdoor gathering spaces, generous guest accommodations, beautiful mountain surroundings, a successful rental history, and the convenience of being sold fully furnished, this home is ready to enjoy from the moment you arrive.

95 Autumn Blaze Court, Banner Elk

$2,995,000
4 Beds 5 Baths 2,494 SqFt. 1.172 Acres ACTIVE Status
Stunning Modern Mountain Luxury Home with Breathtaking Views, Included Additional Lot & Prime Location Near the Slopes in The Lodges at Eagles Nest! Built in 2022, this exceptional 4-bedroom, 4.5-bathroom luxury retreat seamlessly blends high-end transitional design with timeless High Country character. Offering 2,502 square feet of thoughtfully crafted single-level living space, this masterpiece features classic log and wood-shingle exterior accents paired with a durable metal roof, complete with the rare convenience of each bedroom featuring its own full bathroom, plus an additional half-bath for guests. Step inside to an inviting open-concept living area anchored by a striking stone fireplace—great for crisp mountain evenings. Outside, the property truly shines: take in breathtaking, panoramic long-range mountain views from your ultimate outdoor spaces, surrounded by meticulous landscaping featuring a beautiful, lush green grass yard and a custom fire pit area designed for cool evenings under the stars. The Possibilities Are Endless: This incredible offering sits on a beautiful 1+ acre lot, with the adjoining 1+ acre lot included in the purchase price. Live comfortably in the current modern luxury home while building a spec home on the second lot as an investment to resell or create your ultimate custom dream estate and transition the original home into a high-end short-term rental. Nestled within the premier gated community of The Lodges at Eagles Nest, you are just moments away from world-class community amenities, hiking trails, near local ski slopes, and a short drive to the charm of downtown Banner Elk, Beech Mountain, and local dining favorites. This is a rare opportunity to purchase a premier mountain sanctuary and a valuable building parcel all in one!

861 Talon Trail, 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

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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.”