473 Double Knob Road Banner Elk, NC $ 699,500
473 Double Knob Road
$ 699,500
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473 Double Knob Road

Banner Elk, NC, 28604
$ 699,500
Bedrooms3 Baths2.1 Sq 1,960

Monthly Estimate*

$ 4,417

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Single Family Home for sale in Banner Elk, NC

for $699,500 with 3 bedrooms and 2 full baths, 1 half bath. This 1,960 square foot home was built in 1993 on a lot size of 6.47.

Privacy, acreage and convenience—this Banner Elk log cabin offers a combination that is increasingly hard to find. Tucked away on 6.47 wooded acres, the property feels like a true mountain retreat, surrounded by woods and nature, yet downtown Banner Elk is only about 10 minutes away. The generous acreage is one of the property's greatest assets, providing exceptional privacy while giving you control over maintaining or enhancing the long-range mountain views. River Run is a small gated community with private access to the Elk River and its trout waters. Inside, the cabin has all the warmth and character you'd expect from a mountain log home. The open floor plan is filled with natural light from dramatic floor-to-ceiling windows, while a beautiful stone wood-burning fireplace anchors the great room. The farmhouse-style kitchen features granite countertops, a large center island, gas range and stainless appliances. The adjoining dining area opens directly onto a spacious covered rear deck—an ideal place to relax, entertain and take in the peaceful mountain setting. The main level offers a spacious primary bedroom and private bath with separate vanities, along with a convenient half bath for guests. Upstairs are two additional bedrooms, a full bath and a large loft overlooking the living area. Approximately 1,320 square feet of unfinished basement offers tremendous potential for future expansion, with a walkout entrance and plenty of space for a game room, theater, recreation area, workshop or additional living space. The home is also equipped with a Generac whole-home on-demand generator, central dehumidifier and Tar Heel Basement Systems moisture-control system—valuable features for added comfort, protection and peace of mind in a mountain home. Whether you're searching for a full-time mountain home, private getaway or property with tremendous short-term rental potential, 473 Double Knob Road stands out for what matters most: 6.47 acres, long-range mountain views, exceptional privacy and a location just minutes from the heart of Banner Elk.

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Single Family Active

Price

$ 699,500

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 1,991

Style

Lot Size

6.47

Year Built

1993

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

264120

List By
Appalachian Properties

Broker

chad.gryder@gmail.com

Email

Affordability Calculator

$4,583
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,417
Monthly Property Taxes
$166
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.
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Nearby
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$699,500 Listed Price

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473 Double Knob Road, Banner Elk, NC, 28604 is a Single Family Home for sale at $699,500 with 1,960 sqft and a lot size of 6.47. 473 Double Knob Road has 3 bedrooms, 2.1 baths, and was built in 1993. The property's zip code is 28604 which is in Banner Elk, NC