7583 Hickory Nut Gap Road, Banner Elk, NC 28604
Local realty services provided by:ERA Live Moore
7583 Hickory Nut Gap Road,Banner Elk, NC 28604
$1,790,000
- 5 Beds
- 5 Baths
- 4,205 sq. ft.
- Single family
- Active
Listed by:natalie geist
Office:engel & volkers banner elk
MLS#:258761
Source:NC_HCAR
Price summary
- Price:$1,790,000
- Price per sq. ft.:$425.68
About this home
Downtown Banner Elk Retreat with Panoramic Mountain Views & Dual Living Spaces
Discover this rare opportunity in the heart of Banner Elk, just one minute from downtown, perfectly positioned on 2.66 acres overlooking Lees-McRae College, Grandfather Mountain, and the surrounding Blue Ridge peaks. This beautifully manicured property sits atop a gentle hill, offering privacy, rolling green space, and the peaceful sounds of nature — all while being just moments from local dining, shops, and outdoor adventures.
It’s common to spot deer, black bear, and native wildlife roaming the property, and a hiking trail at the edge of the land connects to a stream leading directly to the Lees-McRae duck pond, adding to the tranquil mountain charm.
The home is thoughtfully designed with two distinct living spaces — think large family home, a multi-generational retreat, or a turnkey short-term rental investment.
Main Level (Primary Residence)
Enter through the welcoming front porch into a spacious living room with vaulted ceilings, a stone fireplace, and sweeping mountain views from the back porch. The main level includes:
• 3 bedrooms
• Kitchen and dining area
• Walk-in pantry
• Sauna — envision après-ski relaxation
Upper Level (Short-Term Rental Suite)
With a separate entrance and dedicated parking, the upstairs is fully equipped as a separate rental or guest suite. Features include:
• Open living room and kitchen
• Small office/flex space
• 3 bedrooms, each with en-suite bathroom
Outside, enjoy a storage shed for tools and gear, plus ample space for gardens or outdoor living areas.
Whether you’re seeking a peaceful mountain home, a multi-family getaway, or a revenue-producing property, this Banner Elk gem offers the perfect balance of seclusion, scenery, and convenience.
Contact an agent
Home facts
- Year built:1990
- Listing ID #:258761
- Added:1 day(s) ago
- Updated:October 30, 2025 at 05:53 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:4,205 sq. ft.
Heating and cooling
- Heating:Electric, Forced Air, Gas
Structure and exterior
- Roof:Architectural, Shingle
- Year built:1990
- Building area:4,205 sq. ft.
- Lot area:2.66 Acres
Schools
- High school:Avery County
- Elementary school:Banner Elk
Utilities
- Water:Private, Well
- Sewer:Septic Available, Septic Tank
Finances and disclosures
- Price:$1,790,000
- Price per sq. ft.:$425.68
- Tax amount:$1,254
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