129 Alnic Lane Banner Elk, NC $ 2,750,000
129 Alnic Lane
$ 2,750,000
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129 Alnic Lane

Banner Elk, NC, 28604
$ 2,750,000
Bedrooms8 Baths6.0 Sq 4,496

Monthly Estimate*

$ 19,210

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Single Family Home for sale in Banner Elk, NC

for $2,750,000 with 8 bedrooms and 6 full baths. This 4,496 square foot home was built in 2000 on a lot size of 9.

Don't miss this captivating 5-cabin property on 9 acres, including 6 buildable acres on the ridge, centrally located between Boone and Banner Elk. The property boasted strong rental income in 2022 & 2023— and its new, boutique rental program offers passive ownership with a high-ROI venture from day one and room to grow! One studio cabin, one 1BD/1BA cabin, two 2BD/1BA cabins, and a deluxe 2BD/2BA cabin—all within a 1/2 mile to the iconic Mast General Store Annex & Valle Crucis Park. Lighted pathways will guide your guests to the neighboring inn for delightful evenings of fine dining and live music. Flexible and spacious for family reunions, corporate retreats, event stays, or individual vacation rentals. Current 6 BR septic and well permits for the undeveloped ridge. Utilize the roughed-in drive and available build sites for your dream residence or explore further revenue growth with additional cabin builds, added amenities, or event space. Come see this fantastic property today!

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Single Family Contingent

Price

$ 2,750,000

Bedrooms

8

Full Bath

6

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

9

Year Built

2000

Town/City

Banner Elk

County/Region

Watauga

MLS | Web ID

4125963

Features
General
Interior Features Vaulted Ceiling(s)
Sewer Septic Installed
Heating Baseboard Central Ductless Electric Heat Pump Propane Wall Furnace Wood Stove Other - See Remarks
Cooling Central Air Ductless Window Unit(s) Other - See Remarks
Utilities Electricity Connected Fiber Optics Propane
Roof Aluminum Composition
Appliances Dishwasher Dryer Electric Cooktop Electric Range Microwave Refrigerator Washer
Exterior Features Fence Fire Pit Outdoor Shower Other - See Remarks
Construction Materials Log Wood
Year Built 2000
Property SubType Single Family Residence
Elevation 2500
County Watauga
New Construction N
Property Type Residential
Subdivision Name None
Directions From Boone or Banner Elk take Hwy 105 to Broadstone Rd. Follow Broadstone Rd 2.5 miles to left onto Maple Spring Rd and then take an immediate left onto Alnic Lane. No Drive-Bys Please.
High School Watauga
City Banner Elk
Street Name Alnic
Elementary School Valle Crucis
Middle/Junior High School Valle Crucis
Standard Status Active Under Contract
Construction Type Site Built
Restrictions No Representation
Tax Assessed Value 1173400
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Interior
Flooring Carpet Vinyl Wood
Fireplace Features Gas Wood Burning Stove Other - See Remarks
Fireplace Y/N Y
Above Grade Finished Area 1208
Full Baths 6
Half Baths 0
Street Suffix Lane
Laundry Features Electric Dryer Hookup Washer Hookup Other - See Remarks
Total Bedrooms 8
Below Grade Finished Area 0
Total Baths 6
SqFt Main 768
SqFt Lower 0
SqFt Upper 440
Bedroom 1
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Exterior
Parking Features Assigned
Lot Features Cul-De-Sac Green Area Hilly Private Views Wooded
Water Source Well
Lot Size Area 9
Foundation Details Crawl Space
Road Surface Type Asphalt Gravel Paved
Lot Size Units Acres
Road Responsibility Private Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 129
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* Excluded Features
List By
Keller Williams High Country

Broker

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$19,210
Per Month
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Monthly Principal & Interest
$19,210
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
1505620 Elementary School
3821820 Middle School
Watauga High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$2,750,000 Listed Price

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129 Alnic Lane, Banner Elk, NC, 28604 is a Single Family Home for sale at $2,750,000 with 4,496 sqft and a lot size of 9. 129 Alnic Lane has 8 bedrooms, 6.0 baths, and was built in 2000. The property's zip code is 28604 which is in Banner Elk, NC