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.
With 5-minute access to Sugar Mountain, 10 to Banner Elk, and 15 to Boone, the location speaks for itself. This is a project with vision, upside, and options, so bring your sketch book and imagination!
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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
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