$999,999
 $5,368 est/mo Sourced by Back At You

160 Old Turnpike East Road,Banner Elk, NC 28604

Banner Elk, NC 28604

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Description

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

Details

MLS #263840
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Year1912
Days On Site67
Listing Provided ByHoward Hanna Allen Tate Real Estate Blowing Rock | Josh Honeycutt

Features

Bed(s)5
Bath(s) 7 Total
SQ Feet2,698
BasementY
Story(s)3
ZoningResidential
Acreage0.37

Interior

Cooling Yes / NoYes
CoolingCentral Air, One Unit
Heating Yes / NoYes
HeatingBaseboard, Electric, Heat Pump
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Gas Water Heater, Refrigerator, Washer, Water Heater
Fireplace FeaturesTwo, Free Standing, Gas, Stone, Wood Burning
Fireplace Yes / NoYes
Fireplaces Total2
Laundry FeaturesMain Level

Exterior

Exterior FeaturesFire Pit, Gravel Driveway
RoofMetal
Construction MaterialsFiber Cement, Wood Frame
Foundation DetailsBasement

Parking

Parking FeaturesDriveway, Gravel, Private

Utilities

UtilitiesCable Available, High Speed Internet Available
SewerPublic Sewer

Taxes

Tax Annual Amount2001
Tax Book Number596/2381

Location

Community FeaturesLong Term Rental Allowed, Short Term Rental Allowed

Area Information

StateNC
CountyAvery
CityBanner Elk
Zip Code28604
Area8 Banner Elk
SubareaBanner Elk
School DistrictAvery County
Elementary SchoolBanner Elk
High SchoolAvery County
Listing VS Median (in 28604)
Price:
$999,999
low | high
Med:
$546,800
95.319945319945% of Average
sqft:
2,698
low | high
Med:
1,207
100% of Average
$ / sqft:
$371
low | high
Med:
$453
27.773995421054% of Average
On site:
67
low | high
Med:
27
100% of Average
Sourced by Back At You

Market Activity 28604

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Learn More About This Property

StateNC
CountyAvery
CityBanner Elk
Zip Code28604
Area8 Banner Elk
SubareaBanner Elk
School DistrictAvery County
Elementary SchoolBanner Elk
High SchoolAvery County
Listing VS Median (in 28604)
Price:
$999,999
low | high
Med:
$546,800
95.319945319945% of Average
sqft:
2,698
low | high
Med:
1,207
100% of Average
$ / sqft:
$371
low | high
Med:
$453
27.773995421054% of Average
On site:
67
low | high
Med:
27
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $749K - $1.249M
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
187 Cinnamon Fern Lane Property Photo 1
$849,000
187 Cinnamon Fern Lane
Banner Elk, NC 28604
Listing Updated: October 21, 2026 at 12:51:44 PM PDT
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