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132 Heather Lane, Banner Elk
$630,000
5 Beds ⋅ 4 Baths ⋅ 260222 MLS
Located approx a mile from the Town of Banner Elk, this charming mountain cottage sits in the highly sought-after Highlands community and offers proven income-producing potential as a high-performing short-term rental for the past three years. This fully furnished 5-bedroom, 3.5-bath Cape Cod-style home rests on nearly one acre (.95) and features a spacious open floor plan designed for comfort and entertaining. The main level includes a fully equipped kitchen, large dining area accommodating all guests at one table, and a bright living room filled with windows. A main-level bedroom with attached full bath and double closets provides convenient single-level living. Two decks on the main floor—one off the dining area and one off the living room—extend the living space outdoors. Upstairs features two bedrooms, including the primary suite with full bath, closet, and dormer seating with built-in storage. An additional bedroom offers a half bath, closet, and dormer bench/storage. The finished walkout basement adds two more bedrooms, a full bath, stackable laundry, and a converted one-car garage now serving as a game room with arcade games and movie space. Two separate basement entrances provide excellent functionality. The hot tub conveys and remains a favorite amenity for guests. This home appraised $10,000 above list price and generated $72,000 in rental income in 2024 despite significant fourth-quarter cancellations due to Hurricane Helene, projecting revenue potential near $100,000 annually. 2025 performance has remained strong, even with substantial owner use during peak summer months. P&L's are included in the attachments. Ideal as a turnkey investment property, second home, or full-time mountain retreat—minutes to dining, shopping, skiing, and year-round recreation.

132 Heather Lane, Banner Elk

6670 Hickory Nut Gap Road, Banner Elk
$450,000
3 Beds ⋅ 3 Baths ⋅ 259406 MLS
Less than five minutes from downtown Banner Elk, Lees-McRae College and Sugar Mountain, this single-level ranch residence offers location, flexibility and privacy on a park-like, flat 1.57-acre setting. While officially listed as a three-bedroom home, the layout provides four distinct sleeping areas, including a versatile guest suite off the kitchen with its stone fireplace, full bath, walk-in closet, private deck and abundant natural light, ideal as a second primary suite, in-law space or bonus living area. The open kitchen and dining area flow into the main living room, which features a second stone fireplace crafted from Grandfather Mountain stone. French doors lead to a large rear deck overlooking the fenced backyard, garden space and wooded edge. The same Grandfather Mountain stone is used on the exterior, adding timeless character and regional significance. One bedroom is used as a laundry room and can be easily converted back. The unfinished basement offers a second laundry area, abundant storage and space for a gym, studio or workshop. Outdoor living is unmatched, with a covered front porch, expansive back deck, stone path to a creekside platform beneath a mature shade tree, and ample room for gardening or small livestock. A heated, detached two-car garage with workshop or office is connected by a covered breezeway. Additional features include accessible design elements and a high-efficiency HVAC system with advanced air filtration. A rare opportunity combining convenience, unrestricted usable land and flexible living space, minutes from everything Banner Elk and the High Country have to offer.

6670 Hickory Nut Gap Road, Banner Elk

214 Indian Paintbrush Drive Unit RC-1, Banner Elk
$710,000
3 Beds ⋅ 3 Baths ⋅ 259631 MLS
Panoramic long-range layered views from this 3BR|3BA Grand Oaks condo at Echota on the Ridge. Offered fully furnished, this lower level condo is accessible by stairs or elevator and features updates including newer HVAC system, stainless appliances and new hardwood floors in the primary bedroom and dressing area. Luxury finishes include oak hardwood floors, stacked stone gas fireplace with new gas logs and an adjacent built-in entertainment center. The kitchen features hickory cabinetry, tile backsplash and new stainless steel appliances. The open concept living and dining areas are perfect for entertaining, while large windows bring the outside in. Take in the exquisite mountain views from the covered deck with seating area. The views continue into the primary suite with an abundance of natural light in addition to new hardwood floors and adjoining primary bath with double vanity, spacious closet, ceramic tile flooring, tile shower and soaking tub with tile surround. The generous guest bedrooms each have their own bathroom, making it ideal for family and friends. Located in the sought-after gated community of Echota, owners enjoy an incredible maintenance-free lifestyle with unparalleled amenities. The community features two clubhouses, 2 outdoor pools, 1 indoor pool, 3 fitness facilities, a 25-acre riverpark, stocked fishing ponds, plus the exciting new owners-only Summit at Echota amenity center with its spectacular outdoor pool, deck, fitness facility, and skybridge.

214 Indian Paintbrush Drive Unit RC-1, Banner Elk

76 Creekside Drive Unit C, Banner Elk
$179,900
1 Baths ⋅ 259580 MLS
Beautifully updated ground level condo with a new covered entrance, right across from the foot of Sugar Mountain! If you've been looking for the perfect spot to enjoy all four seasons and everything that The High Country has to offer, then this fully furnished studio is your opportunity. This unit boasts a strong short-term rental history and revenues on Airbnb/VRBO platforms, and is a wonderful option for a buyer looking for an income-producing/low-maintenance mountain basecamp, as well as a great space for personal fun mountain getaways. From skiing and hiking to fall foliage and summer festivals, this location puts it all within reach. Walk into your cozy, well appointed kitchen that offers everything that that you'll need for your getaway. Enjoy the warmth of the fireplace while you relax on the comfy sofa and watch the smart tv, or head outside and spend time on your covered deck. Your lovely bathroom has a nice sized glass walk-in shower and a vanity that offers storage space. A washer/dryer closet next to the bathroom will help make it easy to get back out and enjoy the area with the convenience of skipping a trip to a laundromat. Steps away, you'll have a king sized bed with a wall allowing you comfort and a sense of privacy while still being able to experience the natural light as it filters in through the windows. Whether you're wanting a place just for you or you want to use it as an investment property, this unit can't be beat. This unit is currently on a rental program and rental history will be provided upon request.

76 Creekside Drive Unit C, Banner Elk

24 Creekside Drive Unit A, Banner Elk
$214,900
1 Beds ⋅ 1 Baths ⋅ 258906 MLS
Cozy, cute and charming!!! This light filled home has that rustic mountain vibe you're looking for and is located close to the ski slopes at Sugar Mountain. The open concept interior has been updated and well maintained and features wood ceilings with beams, a stone fireplace with gas logs and butcher block countertops. Private wood deck and ample parking. Fully and tastefully furnished with just a few exclusions-this home is truly turnkey. This condo is perfect for a personal mountain getaway, an affordable income producing vacation rental, a long term rental for students or employees at Lees-McRae or your own full time residence. Beat the heat in the summer, enjoy the brilliant fall colors, ski fresh powder in the winter, take advantage of year round hiking and biking trails and enjoy local shopping and restaurants. Banner Elk and Sugar Mountain have it all!!!

24 Creekside Drive Unit A, Banner Elk

142 S Slope Loop Unit J3, Banner Elk
$189,900
1 Beds ⋅ 2 Baths ⋅ 258570 MLS
Perfectly centered between Boone and Banner Elk, this beautifully updated one-bedroom condo in the Foscoe community offers both comfort and convenience in the heart of the High Country. The vaulted ceilings and stone fireplace create a warm, inviting atmosphere, while the flexible layout provides extra space for entertaining and living space. The home has been thoughtfully maintained and tastefully improved with new hardwood floors throughout both levels, fresh interior paint, and fresh carpet on the stairs. The kitchen features a new sink, fixtures, stove/exhaust, along with a refrigerator and dishwasher just added in 2025. The upstairs bath was completely refreshed in 2022. Additional improvements include a new water heater, updated window glass throughout the home, and a new sliding door that brightens the space while improving energy efficiency. Outdoor spaces have been renewed with a new deck, dividing wall, and railings, all replaced and freshly painted or stained in 2024. This move-in-ready mountain retreat offers a low-maintenance lifestyle perfectly suited for students, professionals, or anyone who loves the outdoors, with close proximity to hiking trails, fly-fishing streams, ski slopes, and scenic overlooks along the Blue Ridge Parkway. A fantastic spot to enjoy life between Boone and Banner Elk.

142 S Slope Loop Unit J3, Banner Elk

24 Laurel Drive Unit C, Banner Elk
$224,000
1 Beds ⋅ 1 Baths ⋅ 257865 MLS
Cozy Condo Across from Sugar Mountain! Located just steps from Sugar Mountain, this charming first-floor, one-bedroom, one-bath condo is the perfect mountain getaway, vacation rental, or full-time residence. Inside, you’ll love the warm and inviting feel with exposed wood beams, a wood-burning fireplace for those chilly mountain evenings, and butcher block kitchen countertops that add a rustic touch. Step outside to enjoy your covered balcony, ideal for sipping coffee on crisp mornings or relaxing on warmer days. Additional features include a mini-split heat and air, stackable washer and dryer, private parking spot, and the convenience of being sold furnished with just a few exceptions — ready for you to move in or start renting right away! Don’t miss the opportunity to own a cozy retreat across from one of the High Country’s most popular destinations.

24 Laurel Drive Unit C, Banner Elk

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.”