260 Balsam Lane
Banner Elk, NC, 28604 $ 749,000
Bedrooms6 Baths4.0 Sq 2,767 Monthly Estimate*
$ 4,612
for $749,000 with 6 bedrooms and 4 full baths. This 2,767 square foot home was built in 1970 on a lot size of 0.38.
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 location—walkable 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, 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!
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List ByRealty One Group Results-BanneBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,612
- Monthly Property Taxes
- $423
- 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.
Learn more about how to save NearbySingle family listings in Banner Elk, NC
Average List Price $1,980,850
Percent of Sale Price 164%
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 |
|---|
| 6/5/2026 | $749,000 | | Listed Price |