$695,000

11 Cabin Cove Ln Banner Elk, NC 28604

Estimated payment $3,915/month

Total Views 11,663
3 Beds
2 Baths
1,904 Sq Ft
$365 Price per Sq Ft

Highlights

  • Hot Property
  • Spa
  • Cathedral Ceiling
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • 2 Fireplaces

About This Home

Just four miles from the heart of Banner Elk, this fully furnished, turnkey three-bedroom, two-bath log cabin offers a blend of rustic charm and modern comfort. Set on a usable .50-acre parcel, the property backs to a large tract within the Elk River Club area, ensuring a serene and secluded setting with an abundance of natural beauty. Go inside and be greeted by warm wood finishes, vaulted ceilings and inviting living spaces that exude mountain character. The cozy hearth room off the kitchen features a gas fireplace great for curling up with a book or enjoying a morning coffee, while the grand floor-to-ceiling stone fireplace anchors the spacious family room, great for gathering with loved ones after a day outdoors. The main level includes two guest bedrooms, a full bath, a dining area and a well-appointed kitchen that opens seamlessly into the living space. Upstairs, a generous loft—used as an additional sleeping area—leads to the primary suite, providing a special retreat with wooded views. Step outside to discover your outdoor haven, a large, flat yard nice for entertaining, a flagstone patio with fire pit, and multiple open and covered porches for taking in the fresh mountain air. After a day of hiking or skiing, unwind in the back patio hot tub, positioned for stargazing and relaxation. Whether you're seeking a full-time residence, a low-maintenance second home or a high-potential short-term rental, this cabin checks every box. While never rented by the owners, the property is fully equipped and positioned to perform exceptionally as an investment. Enjoy year-round adventures with easy access to Banner Elk’s charming restaurants, boutique shopping, grocery stores and world-class skiing, snowboarding, hiking and biking. Experience mountain living at its finest—this is the getaway you’ve been waiting for! There is a small 80-square-foot discrepancy with professional measurements and the tax info.

Listing Agent

Amy Pepin

Premier Sotheby's International Realty- Banner Elk Brokerage Phone: (828) 898-3251 Listed on: 07/10/2025

Premier Sotheby's International Realty- Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 2004

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Private Water Source
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Donaldson Lands Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1847-01-18-7514-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,630

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.498
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Donaldson Lands
  • Above Grade Finished Sq Ft: 1904.0
  • Architectural Style: Log Home
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 898-3251
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas, Stone, Vented, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Skylights
  • Living Area: 1904.0
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Fire Pit, Hot Tub/Spa, Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Fireplace(s)
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Parcel #: 1847-01-18-7514-00000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1629.6
  • Tax Book Number: 582/316

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,593 $407,400 $25,000 $382,400
2023 $1,593 $407,400 $25,000 $382,400
2022 $0 $398,300 $25,000 $373,300
2021 $1,434 $260,700 $25,000 $235,700
2020 $1,434 $260,700 $25,000 $235,700
2019 $1,434 $260,700 $25,000 $235,700
2018 $1,434 $260,700 $25,000 $235,700
2017 $1,257 $228,500 $0 $0
2016 $1,022 $228,500 $0 $0
2015 $731 $228,500 $25,000 $202,600
2012 -- $184,200 $40,000 $144,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $695,000 +4.5% $365 / Sq Ft
09/23/2022 09/23/22 Sold $665,000 -3.5% $359 / Sq Ft
07/14/2022 07/14/22 For Sale $689,000 -- $372 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $665,000 --
Warranty Deed $191,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $143,250 New Conventional
Source: Public Records

About the Listing Agent

Amy Pepin

Premier Sotheby's International Realty- Banner Elk

(828) 800-9613

Section Image

Amy has been in the High Country since 1995 where she studied at Appalachian State University. She was previously the owner and operator of a landscaping business called Butterfly Gardens since 1999. Amy and her husband, Sean, also own a bike shop in Banner Elk called Headquarters Bike and Outdoor.

She and her husband have two boys that keep them very active. Their family enjoys mountain biking, snowboarding and rock climbing. Specializing in assisting buyers and sellers as well as

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Source: High Country Association of REALTORS®

MLS Number: 256771

High Country Association of REALTORS®

APN: 1847-01-18-7514-00000