150 Watauga River Road Banner Elk, NC $ 699,000
150 Watauga River Road
$ 699,000
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150 Watauga River Road

Banner Elk, NC, 28604
$ 699,000
Bedrooms2 Baths3.0 Sq 3,410

Monthly Estimate*

$ 4,828

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Single Family Home for sale in Banner Elk, NC

for $699,000 with 2 bedrooms and 3 full baths. This 3,410 square foot home was built in 1986 on a lot size of 0.84.

Spectacular Watauga Riverfront Estate – Dual Living Quarters & Ultimate Waterfront Decks Discover the ultimate riverfront retreat on the pristine waters of the Watauga River. This expansive property is an entertainer's dream, offering an unparalleled waterfront lifestyle, exceptional space, and incredible value-add potential. Designed to comfortably sleep 12+ guests, this estate functions as a 6-bedroom, 3-bathroom haven featuring two separate, fully equipped living quarters— great for multi-generational living, a premier vacation rental, or a high-capacity mountain-river getaway. The Ultimate Riverfront Experience Step outside onto an incredible multi-tiered series of decks that cascade seamlessly from the main house all the way down to the rushing waters of the Watauga River. Whether you are hosting massive gatherings, soaking in the mountain air, or stepping right off your lower deck to fly-fish, kayak, or just play in the fresh mountain water, this outdoor living space offers a riverfront experience that is truly second to none. Dual Living Quarters & Versatile Layout • Main & Upper Levels: Feature spacious living areas framed by river views, a functional layout, and multiple sleeping areas to accommodate large groups. All furniture conveys with the house. • Finished Lower Level: A fully finished basement serves as the second independent living quarters. It provides excellent privacy, additional recreation space, and direct access to the outdoor deck systems. All furniture conveys with the house. (Note: Basement square footage (1705 sq ft) reflects unpermitted work; finished to a high standard but sold as-is). • Sewer/Septic Note: The home offers the functionality and layout of a 6-bedroom home but is serviced by a 2-bedroom septic system. Detached 2-Car Garage with Unmatched Value-Add Potential The massive detached two-car garage is a hobbyist’s or investor’s dream, offering two major bonus features: 1. Plumbed for a Half-Bath: Main-level garage plumbing is already stubbed out and ready for easy installation. 2. Unfinished Man Cave / Lady Lair: Construction has already begun on a massive bonus space above the garage. All on-site wood building materials convey with the sale, giving the next owner a massive head start on creating a detached game room, home office, or additional guest suite. Imagination is yours! Whether you are looking for a lucrative premier rental property that can host a crowd, or a family compound on one of the region's most desirable rivers, this Watauga River gem offers space, functionality, and upside that you won't find anywhere else. Schedule your tour today to experience the decks and the river in person!

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Single Family Active

Price

$ 699,000

Bedrooms

2

Full Bath

3

Property Type

Single Family

Taxes

$ 1,132

Style

Lot Size

0.84

Year Built

1986

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

264716

List By
Keller Williams High Country

Broker

billie.rogers@kw.com

Email

Affordability Calculator

$4,922
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,828
Monthly Property Taxes
$94
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4062214 Elementary School
4062215 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$699,000 Listed Price

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150 Watauga River Road, Banner Elk, NC, 28604 is a Single Family Home for sale at $699,000 with 3,410 sqft and a lot size of 0.84. 150 Watauga River Road has 2 bedrooms, 3.0 baths, and was built in 1986. The property's zip code is 28604 which is in Banner Elk, NC