5539 NC 105 Highway Banner Elk, NC $ 214,000
5539 NC 105 Highway
$ 214,000
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5539 NC 105 Highway

Banner Elk, NC, 28604
$ 214,000
Bedrooms2 Baths1.0 Sq 960

Monthly Estimate*

$ 1,318

5539 NC 105 Highway, Banner Elk, NC 28604 - Image 1
5539 NC 105 Highway, Banner Elk, NC 28604 - Image 2
5539 NC 105 Highway, Banner Elk, NC 28604 - Image 3

Single Family Home for sale in Banner Elk, NC

for $214,000 with 2 bedrooms and 1 full bath. This 960 square foot home was built in 1963 on a lot size of 1.5.

Located directly on NC-105 between Boone and Banner Elk, this 1.5-acre property offers prime visibility and potential for a variety of uses… residential, commercial, or both. The existing 2-bedroom, 1-bath home (approximately 960 sq ft) was originally built in 1963 and will need extensive renovations, but it sits on a valuable stretch of highway frontage with a view of Grandfather Mountain. Use it as a base for a small business, turn it into affordable workforce housing, renovate for a short-term rental, or clear the way for something entirely new. Zoned without restrictions and outside of a POA, short-term rentals are allowed. There’s no current water source. A spring was historically shared with a neighbor, but that arrangement is no longer in place, so buyers will need to establish a new one. Whether you’re looking to create affordable workforce housing, establish a shop or office with high traffic exposure, or take on a full-scale renovation project, this could be your canvas. With 5-minute access to Sugar Mountain, 10 to Banner Elk, and 15 to Boone, the location speaks for itself. This is a project with vision, upside, and options, so bring your sketch book and imagination!

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Single Family Active

Price

$ 214,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 362

Style

Lot Size

1.5

Year Built

1963

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

257629

List By
Blue Ridge Realty & Inv. West Jefferson

Broker

aplyler@brri.net

Email

Affordability Calculator

$1,348
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,318
Monthly Property Taxes
$30
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2025$214,000 -4.46% Price Down
8/22/2025$224,000 Listed Price

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5539 NC 105 Highway, Banner Elk, NC, 28604 is a Single Family Home for sale at $214,000 with 960 sqft and a lot size of 1.5. 5539 NC 105 Highway has 2 bedrooms, 1.0 baths, and was built in 1963. The property's zip code is 28604 which is in Banner Elk, NC