Explore Banner Elk, Avery County, NC Homes for Sale

Single Family Homes for Sale in Banner Elk, Avery County, NC

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

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All Single Family Homes for Sale in Banner Elk, Avery County, NC

$346,000
2 Beds ⋅ 2 Baths ⋅ 1,618 SqFt. ⋅ 0.36 Acres ⋅ ACTIVE Status
Tucked into the scenic beauty of the Blue Ridge Mountains of North Carolina, this inviting two-bedroom, two-bath mountain home offers the perfect blend of comfort, style, and investment potential. Located in the casual mountain community of Mill Ridge, the property captures the relaxed spirit of mountain living while providing access to sought-after amenities and outdoor recreation. Step inside to a spacious great room highlighted by soaring cathedral tongue-and-groove ceilings and an impressive stone fireplace that anchors the living space with warm mountain character. The newly remodeled kitchen features granite countertops, new appliances, and a clean, functional layout —ideal for entertaining or unwinding after a day outdoors. Recent updates include new luxury vinyl plank flooring throughout and refreshed bathrooms, giving the home a move-in-ready feel. Outside, an expansive open deck provides a front-row seat to sweeping valley and mountain views—perfect for morning coffee, evening sunsets, or gathering with friends. Mill Ridge residents enjoy a variety of amenities including a swimming pool, tennis courts, clubhouse, hiking trails, and direct access to the scenic Watauga River, well known for excellent trout fishing. With vacation rentals permitted, this mountain getaway offers flexibility as a full-time residence, second home, or income-producing investment—all within one of the most beautiful regions of the Blue Ridge. Monthly fee includes water, sewer roads, amenities.

131 Hemlock Road, Banner Elk
$2,900,000
4 Beds ⋅ 4 Baths ⋅ 3,400 SqFt. ⋅ 1.72 Acres ⋅ ACTIVE Status
Nestled on the prestigious Wren Way within the exclusive Elk River Club, this stunning new construction residence offers the pinnacle of mountain luxury with an estimated completion date of Fall 2026. Spanning approximately 3,400 square feet, the thoughtfully designed floor plan features four bedrooms and three and a half baths, all framed by mountain views and connected by the convenience of an in-home elevator. The main level serves as the heart of the home, boasting a grand great room with a centerpiece fireplace, an elegant dining room, and a gourmet kitchen. This level also hosts the sophisticated primary suite, a second guest bedroom and bath, a powder room, and convenient laundry room. Transitioning seamlessly to the outdoors, a large covered deck features an outdoor fireplace and built-in grill, perfect for year-round entertaining. The lower level is a hub for relaxation and recreation, offering two additional bedrooms, a guest bath, a den designed for family fun, a versatile flex room, and an attached two-car garage. Built with a durable composite roof and backed by a one-year builder warranty, this home provides both modern style and long-term peace of mind. Please note that as this is a new construction project, final inspection approval must be obtained prior to occupancy, and photos will be updated as house construction progresses.

346 Wren Way, Banner Elk
$630,000
5 Beds ⋅ 4 Baths ⋅ 2,337 SqFt. ⋅ 0.9500000000000001 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
$2,870,000
4 Beds ⋅ 4 Baths ⋅ 3,066 SqFt. ⋅ 10 Acres ⋅ ACTIVE Status
Sorrel Sky Farm lives up to its name. Set at approximately 4,350 feet in elevation, this exceptional equestrian estate captures panoramic views across three states, North Carolina, Virginia and Tennessee, with long-range vistas stretching toward Grandfather Mountain and Mount Rogers. The setting offers privacy and accessibility, just 10 minutes to Banner Elk, 15 minutes to Sugar Mountain, 20 minutes to Beech Mountain, 25 minutes to Boone and 35 minutes to Blowing Rock. Serious equestrians or hobby farmers will recognize the rarity of a high-elevation farm that provides natural cooling, functional infrastructure, and sweeping mountain vistas. Great seasonal escapes or full-time living. With privacy, open pasture, and generous living space, Sorrel Sky Farm also lends itself beautifully to a legacy estate or family retreat. The custom-designed modern farmhouse was thoughtfully positioned to maximize the views, with nearly every room overlooking mountains and rolling board-fenced pastures. Reclaimed hemlock floors and solid hemlock interior doors create warmth and authenticity throughout the main living areas. Mahogany and glass double entry doors, along with expansive sliding glass doors, open the great room and dining area to the covered porch, inviting fresh mountain breezes and seamless indoor-outdoor living. The kitchen anchors the home with a substantial quartz island accented by barn tin detailing, exposed wood beams, and carefully curated finishes. The main-level primary suite features two spacious walk-in closets with custom wood shelving. Upstairs, a generous bonus/family room offers flexible space for recreation, media or additional gathering areas. Designed for comfort and efficiency, the home includes a whole-house generator, water filtration system, encapsulated crawl space, and Icynene insulation. Equestrian facilities are equally impressive. The 60-by-48-foot hardboard-sided barn with metal roof includes seven stalls, a concrete center aisle, insulated tack and feed rooms, hot and cold wash area, 12-by-24-foot equipment storage, and four stalls opening to a 12-by-48-foot lean-to. A separate 12-by-20-foot run-in shed with storage complements two interconnecting three-board fenced pastures across 10 acres, with ample trailer parking. Sorrel Sky Farm offers a rare combination of elevation, views, usable pastureland and proximity to the High Country’s premier destinations, an exceptional opportunity to experience Blue Ridge Mountains at their finest.

217 Sunrise Vista Lane, Banner Elk
$1,299,000
3 Beds ⋅ 3 Baths ⋅ 2,576 SqFt. ⋅ 1.554 Acres ⋅ ACTIVE Status
Welcome to Peek-A-Boo Lodge – No doubt one of the best deals in Eagles Nest. A contemporary log home nestled in the coveted Eagles Nest community, convenient location, just a 7 minute drive to downtown Banner Elk via a back gate. As you step inside, you’re greeted by a spacious great room featuring tongue n groove cathedral ceilings, wood floors, and a striking floor-to-ceiling stone fireplace with gas starter. Expansive windows provide lots of natural light and offer impressive long-range views. The thoughtful layout includes two generous primary suites on the main level both with deck access. On the lower floor, you’ll find a guest bedroom, a large recreation room, a full bathroom, lots of closets and storage, and a bonus room ideal for additional sleeping space. Generous decking for entertaining and enjoying the stunning views. This home is a fantastic opportunity in Eagles Nest, offering both good rental history and an amazing mountain retreat. On a 1.5-acre lot, situated for privacy, it also includes mature landscaping, stone steps to an inviting fire pit, garage, generator, and ample parking. Warm and inviting family home ideal for entertaining and holiday gatherings. The Lodges of Eagles Nest offers an array of outstanding amenities: ATV trails, a fitness center, a fantastic live music venue, tennis and pickleball courts, versatile sports fields, river access, hiking trails, and a dog park. Enjoy exceptional dining at the Epic Chophouse, connect with new friends at the Eagles Nest Winery, and take advantage of the convenience of an on-site Dollar General. Located just a short drive from downtown Banner Elk, Beech Mountain, and Sugar Mountain, you’ll have access to shopping, fine dining, skiing, mountain biking, and so much more.

135 Black Feather Drive, Banner Elk
$995,000
4 Beds ⋅ 5 Baths ⋅ 5,100 SqFt. ⋅ 2.91 Acres ⋅ ACTIVE Status
RESIDENTIAL OR COMMERCIAL OPPORTUNITIES! Discover the epitome of mountain luxury at Broadstone Manor, an exquisite 5,000 sq ft masterpiece nestled in the heart of Valle Crucis, NC. This stunning residence offers unparalleled charm, expansive living spaces, and close proximity to the historic Mast General Store, area ski resorts, snow tubing, hiking, fly fishing, and scenic Blue Ridge Parkway. The heart of the home is a world-class chef’s kitchen, designed for both high-end entertaining and everyday culinary excellence. Retreat to the expansive primary suite, a true sanctuary featuring a warm fireplace and a dramatic vaulted ceiling that adds a sense of grandeur and airiness. The outside terrace is a haven for those who cherish outdoor living, featuring a majestic stone wood-burning fireplace, a secluded hot tub to soak in and relax, and take in the crisp mountain air. This incredible property is situated on approximately 3 level acres with easy access and plenty of parking, with 2 outbuildings for all your storage needs. Originally, this home was built as a residence and business, with the business on the main level and the second level as the living quarters. The current owners have completed some amazing updates, such as adding real stone on the exterior, paint and hardware in the kitchen, granite kitchen counters, hardwood floor repairs upstairs, hardwood floor installation downstairs, shower renovations, house entry renovation, new doors inside and outside, new roofing, new outdoor brick terrace with a stone fireplace, extensive paint inside and out, lighting, fans, landscaping work, carpeting, relocation of the laundry room, replacement of the copper plumbing, a new tank-less gas water heater, exterior lights, new multiple HVAC's. This home is being offered beautifully furnished! A PREVIOUS OWNER USED THE MAIN LEVEL FOR RETAIL AND THE SECOND LEVEL AS THE SEPARATE LIVING QUARTERS. The owners currently have the property on Airbnb as a short term rental. Come and discover the pinnacle of mountain elegance at Broadstone Manor! BE SURE TO CLICK ON THE VIDEO OF THIS INCREDIBLE PROPERTY!

1644 Broadstone Road, Banner Elk
$599,000
3 Beds ⋅ 4 Baths ⋅ 2,983 SqFt. ⋅ 0.9500000000000001 Acres ⋅ ACTIVE UNDER CONTRACT Status
Drastic price reduction! MOTIVATED SELLER!! BRING ALL OFFERS! Prepared to be wowed with stunning views of Grandfather Mountain, and over 1000 square feet of brand new outdoor decking to enjoy! Relish being high in the trees while experiencing the comforts this home offers. Being sold furnished, this is a turn-key option to enjoy the mountains. Upon arrival, you'll find parking with direct access to the deck and level. Electrical access for an electric car or RV is already in place near the driveway. Stepping inside, you'll find a wonderful floor plan with main level primary, along with neutral colors and fabulous hardwood flooring throughout. The main living room flows easily to the dining room and kitchen areas, complete with extra tall cabinetry and stone countertops. Recently updated stone fireplace in living room. Multiple French doors and large windows allow natural light to illuminate every level of this home. A half bath is nearby for guest convenience. Also on the main floor is the primary suite, which includes an expansive bathroom with double sinks, large walk-in closet, soaking tub, and custom tile shower. Making your way to the upper level, two spacious bedrooms await- each with space for an office or sitting area, big bright windows, and access to floored attic storage as well. Between the two bedrooms you will find a hall bathroom with custom tiled shower, and two cedar lined closets in the hallway. Down to the lower level- the warm cypress wood walls and white oak flooring will probably make this your favorite spot in the house- as it is perfectly cozy! Custom walls. Stone fireplace. Pool table. Full second kitchen as well! The lower level also includes an additional bonus room/guest room, ample-sized laundry room, and full bathroom with tile shower- and even a urinal! Utility room is also located on this level. Additional highlights include an original artichoke mirror lining the kitchen wall- taken from Coffey's Restaurant & Bar in Boone. Home includes wiring for generator connection. Central vac throughout. New instant water heater and water softener. In 2021, new gas stove & microwave on mail level, refrigerator in lower level kitchen. Home features Modular construction. Steel beam foundation and solid 2x6 walls and 2x10 joist construction. Additional storage space could be used under the home with by adding access steps in the future. Decks have been fully updated and beautifully finished. Home being sold furnished. Some items in pictures may be removed. Fiber internet is connected. HOA dues include snow removal, road maintenance, and commons area maintenance. Septic is permitted as a 3 bedroom. Contact an agent for your showing today!

280 Isle Of Skye, Banner Elk
$1,299,000
2 Beds ⋅ 3 Baths ⋅ 4,359 SqFt. ⋅ 0.7000000000000001 Acres ⋅ ACTIVE Status
Rare live/work opportunity in the Town of Banner Elk with a residential Special Use Permit that conveys, allowing full-time occupancy within a commercially zoned (C-2) building. Fully renovated to the studs in 2015—including major systems, insulation, layout, and finishes—the property offers modern infrastructure with natural gas service, three zones of central heat and A/C, and Town of Banner Elk water/sewer. The main level includes a 1,272 sq ft, 2-bedroom/1-bath apartment with a spacious full bath featuring a separate tub and shower. This residential component provides excellent flexibility for owner occupancy, staff housing, or supplemental rental income while remaining well under the 50% residential threshold required by town ordinance. A gas fireplace anchors the adjoining reception area, and a service kitchen (all components except a stove) adds convenience for live/work use. The remaining main-level space and the entire lower level support a wide range of C-2-permitted commercial uses. The lower level has its own entrance, two half-baths, and a dedicated shower room with three individual showers and a double vanity—ideal for fitness, wellness, staff facilities, or future expansion. Located on Beech Mountain Parkway, the property offers excellent access to Banner Elk, Beech Mountain Resort, Sugar Mountain, and year-round amenities. Ample parking, attractive landscaping, and a low-maintenance layout make it a strong option for buyers seeking a commercial property with the added benefit of on-site living or income potential.

444 S Beech Mountain Parkway, Banner Elk
$1,339,000
3 Beds ⋅ 3 Baths ⋅ 1,907 SqFt. ⋅ 1.05 Acres ⋅ ACTIVE Status
Experience the pinnacle of high-country luxury at 135 Vineyard Trail, a stunning residence located in the highly coveted, maintenance-free enclave of Vineyard Village within the world-renowned Lodges at Eagles Nest. This property represents a rare opportunity to own a premier, turn-key mountain sanctuary that perfectly balances architectural design with the effortless ease of a lock-and-leave lifestyle. The heart of this home is an expansive, open-concept living, dining, and kitchen area that has been masterfully crafted for both intimate family gatherings and grand-scale entertaining. Flowing naturally from the kitchen, the living and dining spaces are bathed in an abundance of natural light, thanks to an impressive array of massive windows and large glass sliding doors. These architectural features do more than just brighten the space; they serve as a permanent frame for the breathtaking, ever-changing colors of the High Country sunsets. Comfort was paramount in the design of this three-bedroom home. Each of the three spacious bedrooms functions as a true retreat, complete with its own dedicated ensuite bathroom featuring modern fixtures and elegant finishes. This thoughtful layout ensures that every family member or guest enjoys a level of luxury and autonomy that is highly sought after in both private residences and premium vacation rentals. In addition to the main level living, a charming loft area provides versatile space that can be tailored to your specific needs. This elevated nook is ideal for an entertainment zone, a quiet home office, or an additional sleeping area for overflow guests during holiday gatherings. To make the transition into your new mountain life even more seamless, the home is offered fully furnished with a curated selection of high-end pieces that complement the home’s refined, rustic style. Step outside to discover one of the property’s most unique and valuable assets: a large, flat backyard. In the dramatic topography of the Blue Ridge Mountains, level land is a premium luxury, offering a blank canvas for outdoor living. The beautiful back porch provides an ideal vantage point for taking in the fresh mountain air and the serene surroundings, while the flat yard beyond offers immense potential for a custom fire pit, a play area, or an expanded garden. Because this residence is part of Vineyard Village, homeowners enjoy the peace of mind that comes with maintenance-free living, as the community manages the exterior upkeep so you can focus entirely on adventure. The location of 135 Vineyard Trail is truly unparalleled within the gates of Eagles Nest. You are within easy walking distance of the acclaimed Eagles Nest Winery, allowing for effortless afternoons spent tasting world-class wines and enjoying live music without the need for a car. Furthermore, the home is perfectly positioned for quick access to the Sportsman’s Lodge, the Bistro, and the state-of-the-art fitness center. For the outdoor enthusiast, the community’s extensive network of hiking, mountain biking, and ATV trails is practically at your doorstep. From the legendary sunset views to the turn-key convenience, every detail of 135 Vineyard Trail has been curated for the discerning buyer seeking the absolute best in high-altitude living.

135 Vineyard Trail, Banner Elk
$1,600,000
2 Beds ⋅ 1 Baths ⋅ 1,416 SqFt. ⋅ 6.32 Acres ⋅ ACTIVE Status
Gorgeous 6+ acres in the heart of Valle Crucis with about 500 ft frontage on the Watauga River and conveniently bordering the Valle Crucis Community Park. Scope for imagination abounds in this delightful location! The nearly flat acreage invites serious micro-farming, livestock pasturing, or play and recreation. Lots of open sky! The cozy two-bedroom house (with 5-bedroom septic permit) is dominated by a large, spacious living/dining area with a large wood stove with plenty of natural light. Situated in the Valle Crucis Historical District, the property has its own storied past, having once been a thriving sheep farm and beloved home to old and young alike. A beautiful setting in a remarkable community!

2752 Broadstone Road, Banner Elk
$395,000
3 Beds ⋅ 2 Baths ⋅ 1,185 SqFt. ⋅ 0.53 Acres ⋅ ACTIVE UNDER CONTRACT Status
HUGE PRICE REDUCTION - ONLY $395,000 for a home in BANNER ELK with a PRIME LOCATION + VIEWS + CREEK & over 1/2 ACRE of LAND! Welcome HOME to "Sugar View Cottage" nestled in the very heart of Banner Elk! Don't wait to see this nicely renovated 3 BEDROOM - 2 BATH ranch-style home perfectly situated on over a 1/2 acre of land! Imagine relaxing on the front porch while listening to the sounds of the flowing creek which borders the property as well as views of the Sugar Mountain ski slopes & pond! Step inside to a bright, open layout filled with natural light and tasteful modern updates throughout. The home features central A/C and heat, a brand-new roof and a thoughtfully designed floor plan that makes everyday living easy. Whether you're relaxing in the living area, cooking in the updated kitchen or unwinding in one of the spacious bedrooms, every space feels warm and inviting. Outside, the large fenced-in yard offers endless possibilities — a dream space for children to play, pets to roam freely or friends to gather around a fire pit to stargaze! The paved road access makes year-round living simple, while the location puts you just five minutes from downtown Banner Elk, top restaurants, shopping and Sugar Mountain skiing. With one of the most desirable locations in the High Country, the ski slope views, all the amenities & modern upgrades this home truly has it all — and opportunities like this are truly rare and are not to be missed

34 Cynthia Lane, Banner Elk
$450,000
3 Beds ⋅ 3 Baths ⋅ 1,981 SqFt. ⋅ 1.57 Acres ⋅ ACTIVE UNDER CONTRACT Status
Less than five minutes from downtown Banner Elk, Lees-McRae College and Sugar Mountain, this single-level ranch residence offers location, flexibility and privacy on a park-like, flat 1.57-acre setting. While officially listed as a three-bedroom home, the layout provides four distinct sleeping areas, including a versatile guest suite off the kitchen with its stone fireplace, full bath, walk-in closet, private deck and abundant natural light, ideal as a second primary suite, in-law space or bonus living area. The open kitchen and dining area flow into the main living room, which features a second stone fireplace crafted from Grandfather Mountain stone. French doors lead to a large rear deck overlooking the fenced backyard, garden space and wooded edge. The same Grandfather Mountain stone is used on the exterior, adding timeless character and regional significance. One bedroom is used as a laundry room and can be easily converted back. The unfinished basement offers a second laundry area, abundant storage and space for a gym, studio or workshop. Outdoor living is unmatched, with a covered front porch, expansive back deck, stone path to a creekside platform beneath a mature shade tree, and ample room for gardening or small livestock. A heated, detached two-car garage with workshop or office is connected by a covered breezeway. Additional features include accessible design elements and a high-efficiency HVAC system with advanced air filtration. A rare opportunity combining convenience, unrestricted usable land and flexible living space, minutes from everything Banner Elk and the High Country have to offer.

6670 Hickory Nut Gap 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.”