340 Balsam Lane, Banner Elk, NC 28604
Local realty services provided by:ERA Live Moore
340 Balsam Lane,Banner Elk, NC 28604
$498,000
- 2 Beds
- 2 Baths
- 1,420 sq. ft.
- Single family
- Active
Listed by: thomas golder
Office: claybank investors
MLS#:261998
Source:NC_HCAR
Price summary
- Price:$498,000
- Price per sq. ft.:$204.94
About this home
OPPORTUNITY!!!! plus LOCATION, LOCATION, LOCATION! Walk along the Green-way to downtown Banner Elk’s charming restaurants, shops, breweries, parks, and year-round events, while still offering the peaceful feel of a mountain retreat.
Welcome to “A-Frame of Mind” — affectionately known by guests as Banner Elk’s Favorite Little Cabin in the Trees! This charming and highly successful short-term rental is now ready for its next owner. Whether you’re searching for a mountain getaway, investment property, or both, this every box.
Situated on just under an acre, this 2-bedroom, 2-bath cabin offers approximately 1,402 sq ft of warm and inviting living space, plus a full unfinished basement already stubbed and ready for future expansion. The lower level also includes a one-car garage, abundant storage space, laundry room, and washer/dryer.
The main level features an open and spacious living, dining, and kitchen area centered around a stunning wood-burning fireplace. It is truly the perfect gathering spot after a day in the mountains. Step outside onto the deck to enjoy your morning coffee or evening refreshments while dinner sizzles on the grill surrounded by peaceful wooded views.
The large primary suite is conveniently located on the main level and includes a walk-in closet, owner’s lockout closet, and spacious en suite bath with double vanities and over sized shower. Just off the primary bedroom is a second deck for reading, relaxing, or simply soaking in the mountain air.
Upstairs, you’ll find a loft overlooking the living room below for additional sleeping space, kids’ hangout, or home office . The upstairs also features a second bedroom, walk-in closet, and full bath.
*This property is being sold fully furnished and stocked with every essential. It is turnkey ready for your next getaway or to begin hosting your rental guests....
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Home facts
- Year built:1996
- Listing ID #:261998
- Added:46 day(s) ago
- Updated:July 07, 2026 at 04:39 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop
- Basement:Yes
- Basement Description:Full
- Living area:1,420 sq. ft.
Heating and cooling
- Heating:Baseboard, Ductless, Electric
Structure and exterior
- Roof:Architectural, Shingle
- Year built:1996
- Building area:1,420 sq. ft.
- Lot area:0.93 Acres
- Architectural Style:Mountain
- Construction Materials:Wood Frame
- Levels:2 Story
Schools
- High school:Avery County
- Elementary school:Banner Elk
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$498,000
- Price per sq. ft.:$204.94
- Tax amount:$1,224
Parking
- Parking description:Basement, Garage, One Car Garage
- Garage:Yes
- Garage spaces:1
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