$1,100,000

Estimated payment $6,213/month

5 Beds
7 Baths
2,698 Sq Ft
$408 Price per Sq Ft

Highlights

  • Mountain Architecture
  • 2 Fireplaces
  • No HOA
  • Banner Elk Elementary School Rated A-
  • Mud Room
  • Covered Patio or Porch

About This Home

Historic Banner Elk Estate: The Pink House A Distinguished Mountain Legacy Dating to 1912 Originally constructed as The Banner Elk Inn, this architecturally significant residence—affectionately known as “The Pink House”—represents a rare opportunity to own a piece of Banner Elk’s storied heritage. This renovated estate seamlessly marries period authenticity with contemporary luxury, creating an exceptional mountain retreat of unparalleled character. Prime Downtown Location Positioned just 0.3 miles from Banner Elk’s vibrant downtown corridor, this property offers the coveted combination of historic significance and modern convenience. Banner Elk’s finest restaurants, boutique shopping, and cultural attractions are within an easy stroll. Thoughtfully Curated Interiors The residence encompasses 5 bedrooms, 4 full bathrooms, and 3 half baths across three distinctive levels. The home’s historic soul reveals itself in the original parlor, where authentic beadboard walls and period lighting transport guests to a bygone era. The expansive living room, anchored by a gas fireplace and appointed with built-in bookcases, offers both grandeur and comfort with dual-function overhead lighting and ceiling fans. The main floor also features a generously proportioned primary suite with ensuite bathroom and walk-in closet. A mudroom entry provides integrated laundry facilities, complete with washer, dryer, and utility sink. A culinary centerpiece, the reimagined kitchen features custom cabinetry, premium Cafe appliances, and Italian soapstone countertops. A concealed walk-in pantry adds both functionality and intrigue, while the adjacent dining area provides an elegant setting for entertaining. The second level houses four additional bedrooms—two with private ensuite bathrooms—plus a shared full bathroom and convenient half bath. The third level provides two flexible spaces ideal for home offices, guest quarters, or creative pursuits, serviced by an additional half bath. Distinctive Outdoor Spaces Multiple exterior living areas enhance the property’s appeal. Original stone steps descend directly to Main Street, while a covered side porch with swing provides the perfect vantage point for mountain air contemplation. The thoughtfully landscaped grounds feature historic water fountains and an outdoor fireplace, creating intimate gathering spaces. A newly constructed rear patio, enclosed by custom fencing, offers additional privacy and entertaining opportunities. Investment Potential This exceptional property presents multiple ownership possibilities: establish a distinguished primary residence, create an enviable vacation retreat, or explore restoration as a boutique bed and breakfast with appropriate municipal permitting. The combination of prime location, historic provenance, and modern amenities creates a truly singular investment opportunity in Banner Elk’s prestigious real estate market. Broker Interest

Listing Agent

Josh Honeycutt

Howard Hanna Allen Tate Real Estate Blowing Rock Brokerage Phone: (828) 295-7337 Listed on: 08/20/2026

Howard Hanna Allen Tate Real Estate Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1912

Lot Details

  • 16,117 Sq Ft Lot

Home Design

  • Mountain Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,698 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Mud Room
  • Unfinished Basement

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Private Restrooms

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1859-18-31-8136-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,001

Year Built

Built in 1912

Lot Details

0.37 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Bed & Breakfast
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2698.0
  • Architectural Style: Farmhouse, Mountain
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1912
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 295-7337
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Gas Water Heater, Refrigerator, Washer, Water Heater
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Two, Free Standing, Gas, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2698.0
  • Stories: 3

Exterior Features

  • Home Warranty: No
  • Construction Type: Fiber Cement, Wood Frame
  • Exterior Features: Fire Pit, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Green Building Features: Private Restrooms
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

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
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 1859-18-31-8136-00000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2001.0
  • Tax Book Number: 596/2381

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2026 08/20/26 For Sale $1,100,000 -- $408 / Sq Ft
Source: High Country Association of REALTORS®

Source: High Country Association of REALTORS®

MLS Number: 263840

High Country Association of REALTORS®
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