260 Balsam Lane, Banner Elk, NC 28604
- $749,000
- 5
- BD
- 4
- BA
- 2,905
- SqFt
- List Price
- $749,000
- Days on Market
- 53
- Status
- ACTIVE
- Type
- Single Family Residential
- MLS#
- 262410
- County
- Avery
- City
- Banner Elk
- Bedrooms
- 5
- Bathrooms
- 4
- Total Living Area
- 2,905
- Acres
- 0.38
- Year Built
- 1970
Property Description
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 (2026 year to date gross 27,817), 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!
Additional Information
- Exterior Amenities
- Hot Tub/Spa
- Interior Amenities
- Furnished, Second Kitchen, Vaulted Ceiling(s)
- Appliances
- Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave Hood Fan, Microwave, Washer
- Basement
- Finished
- Fireplace
- Stone, Wood Burning
- Garage
- No Garage
- Heating
- Electric, Heat Pump
- Road
- Paved
- Roof
- Asphalt, Shingle
- Elementary School
- Banner Elk
- High School
- Avery County
- Sewer
- Public Sewer
- Style
- Chalet/Alpine
- Water Source
- Public
Mortgage Calculator
This Listing is courtesy of Amanda Sorrow with Realty One Group Results-Banne. (704) 467-3214
The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”