260 Balsam Lane, Banner Elk, NC 28604
Local realty services provided by:ERA Live Moore
Listed by: amanda sorrow
Office: realty one group results-banne
MLS#:262410
Source:NC_HCAR
Price summary
- Price:$729,000
- Price per sq. ft.:$263.46
About this home
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!...
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Home facts
- Year built:1970
- Subdivision & Development:None
- Listing ID #:262410
- Added:159 day(s) ago
- Updated:November 11, 2026 at 05:16 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Microwave, Microwave Hood Fan
- Basement:Yes
- Basement Description:Finished
- Living area:2,905 sq. ft.
Heating and cooling
- Heating:Electric, Heat Pump
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1970
- Building area:2,905 sq. ft.
- Lot area:0.38 Acres
- Architectural Style:Chalet/Alpine
- Construction Materials:Stone, Wood Frame
- Foundation Description:Basement, Slab
- Levels:2 Story
Schools
- High school:Avery County
- Elementary school:Banner Elk
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$729,000
- Price per sq. ft.:$263.46
- Tax amount:$5,080
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Furnished, Second Kitchen, Vaulted Ceilings
Parking
- Parking description:No Garage
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