165 Leighway Lane
Banner Elk, NC, 28604 $ 1,299,000
Bedrooms3 Baths3.0 Sq 4,398 Monthly Estimate*
$ 8,202
for $1,299,000 with 3 bedrooms and 3 full baths. This 4,398 square foot home was built in 2004 on a lot size of 4.
Just 15 minutes from downtown Boone, this spacious modern mountain home offers the rare combination of privacy, usable land, mountain views, and convenient access to some of the High Country’s most beloved destinations. With 4 sleeping spaces, 3 bathrooms, approximately 4,398 square feet, multiple gathering spaces, and a flexible layout, there is room here for family, friends, and guests to spread out and enjoy mountain living in beautiful Watauga County. Tucked away at the end of a tree-lined lane, the property feels wonderfully removed while remaining just 1.5 miles from the iconic Mast General Store and Valle Crucis Community Park, only half a mile from Watauga River access, and 20 minutes to downtown Banner Elk. Colorful sunset mountain views, a beautiful trickling stream, and a gently rolling, partially fenced yard create an inviting outdoor setting with plenty of room for lawn games, evening strolls, winter sledding, gardening, or simply enjoying the wildlife. From the covered front porch, watch deer, fox, and wild turkey wander through the property while taking in the peaceful mountain surroundings. Inside, the home's generous size and flexible floor plan make it equally well suited for full-time living, a mountain retreat, or an income-producing vacation rental. Two family rooms, each with a gas fireplace, provide comfortable spaces for gathering, while a large upper level living area offers additional flexibility for recreation, hobbies, an office, or overflow sleeping. Four separate sleeping areas comfortably accommodate at least eight guests, with the potential to sleep 12 or more by adding built-in bunks in the spacious upper-level bedroom. The home has also been thoughtfully renovated and updated throughout, allowing the next owner to enjoy the character and setting of a Valle Crucis mountain property with major improvements already completed. Recent updates include a new roof on both the home and workshop and fresh exterior paint, completed in June 2026, as well as three fully renovated bathrooms, an updated kitchen, and numerous additional improvements throughout the home. A complete list of renovations and improvements is available in the attached documents. The updated kitchen offers a warm and welcoming space for everything from quiet mornings to holiday gatherings, while the beautifully renovated bathrooms bring a fresh, modern feel. Throughout the home, thoughtful finishes and comfortable gathering spaces complement the natural beauty of the property. Whether you're looking for a place to put down roots, a peaceful mountain escape, or a property with strong investment potential, this Valle Crucis property offers an exceptional opportunity to enjoy 4 acres, generous living space, beautiful natural surroundings, and a location that puts the best of the High Country within easy reach. List of items that convey available upon request. Seller is a licensed NC Realtor. Please note: The home cannot be seen from the main road. Feel free to drive down Leighway Ln. to take a look. There is plenty of room to turn around.
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List ByKeller Williams High CountryBroker
megantorgerson@kw.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,202
- Monthly Property Taxes
- $337
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Banner Elk, NC
Average List Price $1,048,785
Percent of Sale Price 19%
About Banner Elk, NC 7,015 Population
27% Since 2002
$ 52,980 Median Income
41.63 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4700116 Elementary School
4062211 Middle School
Watauga High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/19/2026 | $1,299,000 | -3.78% | Price Down |
| 8/30/2026 | $1,350,000 | -6.90% | Price Down |
| 8/6/2026 | $1,450,000 | -9.38% | Price Down |
| 7/29/2026 | $1,600,000 | | Listed Price |