321 Grays Shadow Lane, Banner Elk, NC 28604

$1,100,000
3
BD
3
BA
2,215
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,100,000
Days on Market
21
Status
ACTIVE
Type
Single Family Residential
MLS#
263081
County
Watauga
City
Banner Elk
Bedrooms
3
Bathrooms
3
Half-baths
1
Total Living Area
2,215
Acres
7.33
Year Built
2002

Property Description

Unique Foscoe log cabin opportunity on 7.33 acres backing up to Grandfather Mountain State Park land. Ideally located between Boone and Banner Elk, this 3 bedroom, 2.5 bathroom cabin offers over 2,200 square feet of living space, an oversized 2-car garage, seasonal mountain views, and room to enjoy, expand, or create a true High Country retreat. With no HOA, no deed restrictions, light Foscoe-Grandfather zoning, and short- and long-term rentals permitted, this property offers excellent flexibility for personal use, investment, or future buildout. The cabin features a desirable open floor plan with one-level living, vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace in the main living area. The main level includes a generously sized living room, dining area, pantry, laundry room, guest half bath, and spacious primary suite with en-suite bathroom and walk-in closet. A large 550+ square foot deck is accessed from both the main living area and primary bedroom, creating a great outdoor living space with wiring already in place for a hot tub. Upstairs offers two additional bedrooms, a full bathroom, and a large loft area, providing excellent space for guests, office use, or a second living area. The land is a special part of this offering, with a mix of flat and sloping terrain, a natural wooded setting, beautiful rock outcroppings, a creek, and additional potential building sites. Seasonal mountain views may be enhanced with selective tree work. The oversized basement garage offers room for two vehicles stacked, storage, workshop space, or mountain toys. Whether you envision a generational homeplace, guest cabins, rental opportunities, or simply keeping the acreage natural and private, this property provides a rare combination of acreage, location, flexibility, and proximity to Grandfather Mountain State Park. Minutes from grocery, restaurants, parks, Grandfather Vineyard, and more, with Boone and Banner Elk approximately 15 minutes away.

Additional Information

Exterior Amenities
Gravel Driveway
Interior Amenities
Furnished, Vaulted Ceiling(s)
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
Basement
Other, See Remarks, Unfinished
Fireplace
Gas, Propane
Garage
Basement, Driveway, Garage, Two Car Garage, Gravel, Other, Private, Shared Driveway, See Remarks
Heating
Electric, Fireplace(s), Heat Pump
Road
Gravel
Roof
Asphalt, Shingle
Elementary School
Valle Crucis
High School
Watauga
Sewer
Septic Tank
Style
Log Home, Mountain
View
Mountain(s), Seasonal View
Water Source
Other, See Remarks, Well

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

This Listing is courtesy of Nate Wright with Wright Brokers with Hyatt in the High Country.

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.”