11 Cabin Cove Lane
Banner Elk, NC, 28604 $ 669,000
Bedrooms3 Baths2.0 Sq 1,904 Monthly Estimate*
$ 4,174
for $669,000 with 3 bedrooms and 2 full baths. This 1,904 square foot home was built in 2004 on a lot size of 0.498.
Just four miles from the heart of Banner Elk, this fully furnished, turnkey three-bedroom, two-bath log cabin offers a blend of rustic charm and modern comfort. Set on a usable .50-acre parcel, the property backs to a large tract within the Elk River Club area, ensuring a serene and secluded setting with an abundance of natural beauty. Go inside and be greeted by warm wood finishes, vaulted ceilings and inviting living spaces that exude mountain character. The cozy hearth room off the kitchen features a gas fireplace great for curling up with a book or enjoying a morning coffee, while the grand floor-to-ceiling stone fireplace anchors the spacious family room, great for gathering with loved ones after a day outdoors. The main level includes two guest bedrooms, a full bath, a dining area and a well-appointed kitchen that opens seamlessly into the living space. Upstairs, a generous loft—used as an additional sleeping area—leads to the primary suite, providing a special retreat with wooded views. Step outside to discover your outdoor haven, a large, flat yard nice for entertaining, a flagstone patio with fire pit, and multiple open and covered porches for taking in the fresh mountain air. After a day of hiking or skiing, unwind in the back patio hot tub, positioned for stargazing and relaxation. Whether you're seeking a full-time residence, a low-maintenance second home or a high-potential short-term rental, this cabin checks every box. While never rented by the owners, the property is fully equipped and positioned to perform exceptionally as an investment. Enjoy year-round adventures with easy access to Banner Elk’s charming restaurants, boutique shopping, grocery stores and world-class skiing, snowboarding, hiking and biking. Experience mountain living at its finest—this is the getaway you’ve been waiting for! There is a small 80-square-foot discrepancy with professional measurements and the tax info.
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FeaturesInteriorInterior Amenities CathedralCeilings Furnished HotTubSpa Skylights
Basement CrawlSpace
Total Fireplaces 2
Fireplace Features Two Gas Stone Vented Propane
Total Stories 2
Basement (Y/N) N
Heating Y/N N
Window Features Skylights
Fireplace Y/N Y
Above Grade Finished Area 1904.0
Half Baths 0
Laundry Features MainLevel
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2
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GeneralSewer SepticPermit3Bedroom
Heating Fireplaces
Cooling None
Utilities CableAvailable HighSpeedInternetAvailable
Roof Metal
Appliances Dryer Dishwasher ElectricRange MicrowaveHoodFan Microwave Refrigerator Washer
Patio/Porch Features Covered Multiple Open
Architectural Style LogHome
Construction Materials Log
Year Built 2004
View Mountains
Stories Count 2
Levels Two
Property Subtype SingleFamilyResidence
Community Features LongTermRentalAllowed ShortTermRentalAllowed
County Avery
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Donaldson Lands
Garage Y/N N
Full Baths 2
Status Active
High School Avery County
City Banner Elk
Senior Community Y/N N
Zoning Description Residential
MLS Area 8-Banner Elk
Lot Size Units Acres
Carport Y/N N
Spa Features HotTub
Elementary School Banner Elk
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1629.6
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Property Sub Type Additional SingleFamilyResidence
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ExteriorExterior Amenities FirePit HotTubSpa GravelDriveway
Parking Features Driveway Gravel NoGarage Private
Water Source Private Well
Lot Size Area 0.498
Spa Y
Building Area Total 1904.0
Lot Size Acres 0.498
Road Surface Type Gravel
Waterfront Y/N N
Road Frontage Type PrivateRoad
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByPremier Sotheby's International Realty- Banner ElkBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,174
- Monthly Property Taxes
- $136
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbySingle family listings in Banner Elk, NC
Average List Price $1,741,273
Percent of Sale Price 160%
About Banner Elk, NC 902 Population
25% Since 2002
$ 51,966 Median Income
33.26 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/21/2025 | $669,000 | -2.34% | Price Down |
| 10/9/2025 | $685,000 | -1.44% | Price Down |
| 8/13/2025 | $695,000 | | Listed Price |