260 Balsam Lane,Banner Elk, NC 28604
Banner Elk, NC 28604
Description
This spacious and beautifully appointed mountain retreat truly has it all! Step inside to soaring vaulted ceilings and an inviting open-concept floor plan designed for gathering family and friends. The stunning kitchen features granite countertops, stainless steel appliances, and ample space for entertaining. The main level offers a spacious family room with a beautiful fireplace, two primary suites with baths, and an additional bedroom. Upstairs, guests will enjoy a loft gaming area perfect for relaxing after a day of adventure. The lower level provides exceptional flexibility with a second full kitchen featuring granite countertops and stainless steel appliances, three additional bedrooms, and a recreation area complete with a newly covered pool table. With accommodations for up to 14 guests, this property is ideal as a vacation home, rental investment, or full-time mountain getaway. One of the property's most desirable features is its locationwalkable to downtown Banner Elk via the Greenway, giving you easy access to restaurants, breweries, shopping, parks, and popular summer concerts. Enjoy the convenience of leaving the car behind while still being tucked away in a beautiful mountain setting. For winter fun, you're less than five miles from Sugar Mountain Resort, offering skiing, snowboarding, tubing, and year-round mountain adventures. Whether you're searching for a mountain retreat, a high-performing short-term rental (2026 year to date gross 27,817), or both, this exceptional property offers the perfect combination of location, space, and amenities. A rare opportunity to own a home that comfortably sleeps 14 guests while being walkable to everything Banner Elk has to offer!
Details
| MLS # | 262410 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Year | 1970 |
| Days On Site | 86 |
| Listing Provided By | Realty One Group Results-Banne | Amanda Sorrow |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,905 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.38 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | One Unit |
| Heating Yes / No | Yes |
| Heating | Electric, Heat Pump |
| Interior Features | Furnished, Second Kitchen, Vaulted Ceilings |
| Appliances | Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave Hood Fan, Microwave, Washer |
| Fireplace Features | Stone, Wood Burning |
| Fireplace Yes / No | Yes |
| Laundry Features | Washer Hookup, Dryer Hookup, In Basement |
Exterior
| Exterior Features | Hot Tub Spa |
|---|---|
| Roof | Asphalt, Shingle |
| Construction Materials | Stone, Wood Siding, Wood Frame |
| Foundation Details | Basement, Slab |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | No Garage |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 5080 |
|---|---|
| Tax Book Number | 565/2188 |
Location
| Community Features | Long Term Rental Allowed, Short Term Rental Allowed |
|---|
Area Information
| State | NC |
|---|---|
| County | Avery |
| City | Banner Elk |
| Zip Code | 28604 |
| Area | 8 Banner Elk |
| School District | Avery County |
| Elementary School | Banner Elk |
| High School | Avery County |
| Listing VS Median (in 28604) | |
Price: $749,000 low | high Med: $549,950 sqft: 2,905 low | high Med: 1,264 $ / sqft: $258 low | high Med: $436 On site: 86 low | high Med: 83 | |
Market Activity 28604
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Learn More About This Property
| State | NC |
|---|---|
| County | Avery |
| City | Banner Elk |
| Zip Code | 28604 |
| Area | 8 Banner Elk |
| School District | Avery County |
| Elementary School | Banner Elk |
| High School | Avery County |
| Listing VS Median (in 28604) | |
Price: $749,000 low | high Med: $549,950 sqft: 2,905 low | high Med: 1,264 $ / sqft: $258 low | high Med: $436 On site: 86 low | high Med: 83 | |
