5539 Nc 105 Highway, Banner Elk, NC 28604

Local realty services provided by:ERA Live Moore
5539 Nc 105 Highway,Banner Elk, NC 28604
$224,000
  • 2 Beds
  • 1 Baths
  • 960 sq. ft.
  • Single family
  • Active
Listed by:andrew plyler
Office:blue ridge realty & inv. west jefferson
MLS#:257629
Source:NC_HCAR

Price summary

  • Price:$224,000
  • Price per sq. ft.:$233.33

About this home

Located directly on NC-105 between Boone and Banner Elk, this 1.5-acre property offers prime visibility and potential for a variety of uses… residential, commercial, or both. The existing 2-bedroom, 1-bath home (approximately 960 sq ft) was originally built in 1963 and will need extensive renovations, but it sits on a valuable stretch of highway frontage with a view of Grandfather Mountain. Use it as a base for a small business, turn it into affordable workforce housing, renovate for a short-term rental, or clear the way for something entirely new. Zoned without restrictions and outside of a POA, short-term rentals are allowed. There’s no current water source. A spring was historically shared with a neighbor, but that arrangement is no longer in place, so buyers will need to establish a new one. Whether you’re looking to create affordable workforce housing, establish a shop or office with high traffic exposure, or take on a full-scale renovation project, this could be your canvas.

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Home facts

  • Year built:1963
  • Listing ID #:257629
  • Added:25 day(s) ago
  • Updated:September 11, 2025 at 03:07 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:960 sq. ft.

Heating and cooling

  • Heating:Electric, Heat - Wood Stove

Structure and exterior

  • Roof:Metal
  • Year built:1963
  • Building area:960 sq. ft.
  • Lot area:1.5 Acres

Schools

  • High school:Avery County
  • Elementary school:Banner Elk

Finances and disclosures

  • Price:$224,000
  • Price per sq. ft.:$233.33
  • Tax amount:$363