160 Old Turnpike East Road, Banner Elk, NC 28604
Local realty services provided by:ERA Live Moore
160 Old Turnpike East Road,Banner Elk, NC 28604
$1,425,000
- 5 Beds
- 7 Baths
- 2,572 sq. ft.
- Single family
- Active
Listed by: josh honeycutt
Office: howard hanna allen tate realtors boone
MLS#:255699
Source:NC_HCAR
Price summary
- Price:$1,425,000
- Price per sq. ft.:$554.04
About this home
Historic Banner Elk Estate: The Pink House
A Distinguished Mountain Legacy Dating to 1912
Originally constructed as The Banner Elk Inn, this architecturally significant residence—affectionately known as “The Pink House”—represents a rare opportunity to own a piece of Banner Elk’s storied heritage. This renovated estate seamlessly marries period authenticity with contemporary luxury, creating an exceptional mountain retreat of unparalleled character.
Prime Downtown Location
Positioned just 0.3 miles from Banner Elk’s vibrant downtown corridor, this property offers the coveted combination of historic significance and modern convenience. Banner Elk’s finest restaurants, boutique shopping, and cultural attractions are within an easy stroll.
Thoughtfully Curated Interiors
The residence encompasses 5 bedrooms, 4 full bathrooms, and 3 half baths across three distinctive levels. The home’s historic soul reveals itself in the original parlor, where authentic beadboard walls and period lighting transport guests to a bygone era. The expansive living room, anchored by a gas fireplace and appointed with built-in bookcases, offers both grandeur and comfort with dual-function overhead lighting and ceiling fans.
The main floor also features a generously proportioned primary suite with ensuite bathroom and walk-in closet. A mudroom entry provides integrated laundry facilities, complete with washer, dryer, and utility sink. A culinary centerpiece, the reimagined kitchen features custom cabinetry, premium Cafe appliances, and Italian soapstone countertops. A concealed walk-in pantry adds both functionality and intrigue, while the adjacent dining area provides an elegant setting for entertaining.
The second level houses four additional bedrooms—two with private ensuite bathrooms—plus a shared full bathroom and convenient half bath. The third level provides two flexible spaces ideal for home offices, guest quarters, or creative pursuits, serviced by an additional half bath.
Distinctive Outdoor Spaces
Multiple exterior living areas enhance the property’s appeal. Original stone steps descend directly to Main Street, while a covered side porch with swing provides the perfect vantage point for mountain air contemplation. The thoughtfully landscaped grounds feature historic water fountains and an outdoor fireplace, creating intimate gathering spaces. A newly constructed rear patio, enclosed by custom fencing, offers additional privacy and entertaining opportunities.
Investment Potential
This exceptional property presents multiple ownership possibilities: establish a distinguished primary residence, create an enviable vacation retreat, or explore restoration as a boutique bed and breakfast with appropriate municipal permitting. The combination of prime location, historic provenance, and modern amenities creates a truly singular investment opportunity in Banner Elk’s prestigious real estate market.
Seller would consider a partial seller finance option.
Broker Interest
Contact an agent
Home facts
- Year built:1912
- Listing ID #:255699
- Added:134 day(s) ago
- Updated:November 19, 2025 at 05:55 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:7
- Full bathrooms:4
- Half bathrooms:3
- Living area:2,572 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Electric, Heat Pump
Structure and exterior
- Roof:Metal
- Year built:1912
- Building area:2,572 sq. ft.
- Lot area:0.37 Acres
Schools
- High school:Avery County
- Middle school:Avery
- Elementary school:Banner Elk
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,425,000
- Price per sq. ft.:$554.04
- Tax amount:$2,001
New listings near 160 Old Turnpike East Road
- New
$120,000Active0.29 AcresLot #65 Orchard Lane, Banner Elk, NC 28604
MLS# 259049Listed by: BLUE RIDGE REALTY & INV. BOONE 
$625,000Active3 beds 4 baths1,886 sq. ft.610 Highland Drive, Banner Elk, NC 28604
MLS# 257982Listed by: BLUE RIDGE REALTY & INVESTMENTS BEECH MOUNTAIN
$95,000Active0.33 AcresLot #10 Orchard Lane, Banner Elk, NC 28604
MLS# 258592Listed by: BLUE RIDGE REALTY & INV. BOONE
$950,000Active3 beds 3 baths2,813 sq. ft.555 Highland Drive, Banner Elk, NC 28604
MLS# 258471Listed by: BOONE REALTY
$1,799,000Active4 beds 5 baths4,555 sq. ft.520 Elk Creek Drive, Banner Elk, NC 28604
MLS# 258436Listed by: EXP REALTY LLC
$1,399,000Active2 beds 2 baths1,920 sq. ft.47 Eagle Park Circle, Banner Elk, NC 28604
MLS# 258493Listed by: ELEVATE LAND & REALTY BANNER ELK
$849,000Active5 beds 3 baths3,470 sq. ft.337 Balsam Lane, Banner Elk, NC 28604
MLS# 258340Listed by: BLUE RIDGE REALTY & INV. BOONE
$1,100,000Pending4 beds 4 baths2,803 sq. ft.297 Pasture Lane, Banner Elk, NC 28604
MLS# 258085Listed by: EXP REALTY LLC
$120,000Active1.06 AcresLOT 21 Silver Springs Drive, Banner Elk, NC 28604
MLS# 258288Listed by: THE LEAR GROUP REAL ESTATE
$550,000Active-- beds 1 baths2,826 sq. ft.297 Old Turnpike Nw Road, Banner Elk, NC 28604
MLS# 257989Listed by: THE SUMMIT GROUP OF THE CAROLINAS
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.