$429,500

257 Banner Rd Banner Elk, NC 28604

Estimated payment $2,511/month

Total Views 216
3 Beds
1.5 Baths
1,633 Sq Ft
$263 Price per Sq Ft

Highlights

  • Mountain Architecture
  • Attic
  • Wood Frame Window
  • Banner Elk Elementary School Rated A-
  • No HOA
  • Open Patio

About This Home

THIS HOUSE HAS SEEN MUCH OF BANNER ELK'S HISTORY! TAX OFFICE NOTES HOUSE WAS BUILT IN 1924, BUT MANY IN BANNER ELK BELIEVE THE ORIGINAL STRUCTURE WAS BUILT BEFORE 1900. GREAT LOCATION IN TOWN, WALKING DISTANCE TO EVERYTHING; SHOPPING, DINING, ENTERTAINMENT, TOWN PARK AND GREENWAY TRAILS, LEES-McRAE COLLEGE, CHURCHES AND ALL BANNER ELK HAS TO OFFER! NEW ROOF WAS PUT ON 2 YEARS AGO. HOUSE NEEDS PLENTY OF TLC TO BRING IT BACK TO ITS FORMER SELF AS THE OWNER HAS NOT LIVED IN THE HOUSE FOR OVER 2 YEARS. IT COULD BE A WONDERFUL RENTAL PROPERTY OR PRIMARY RESIDENCE! THIS ONE IS A MUST SEE FOR HISTORY BUFFS AND/OR YOUR IN-TOWN BUYERS! CHECK IT OUT!!

Listing Agent

John Davis

Banner Elk Realty Brokerage Phone: (828) 898-9756 Listed on: 08/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1924

Lot Details

  • 0.31 Acre Lot
  • Zoning described as R2

Parking

  • 1 Car Garage
  • Private Parking
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Shake Siding
  • Asbestos

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Double Hung Windows
  • Wood Frame Window
  • Attic

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Open Patio

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Space Heater
  • Radiant Heating System
  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 185805292635

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1633.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1924
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 898-9756
  • General Property Information Below Grade Unfinished Area: 360.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Attic, Window Treatments
  • Living Area: 1633.0
  • Stories: 2
  • Window Features: Double Hung, Single Pane, Wood Frames, Window Treatments

Exterior Features

  • Home Warranty: No
  • Construction Type: Asbestos, Shake Siding, Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage, One Car Garage, Gravel, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Fireplace(s), Radiant, Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dog Park, Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Parcel #: 185805292635
  • Zoning Description: R2

Tax Info

  • Tax Annual Amount: 2051.0
  • Tax Book Number: 142/569

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $954 $238,500 $65,000 $173,500
2023 $954 $238,500 $65,000 $173,500
2022 $477 $238,500 $65,000 $173,500
2021 $769 $139,800 $55,000 $84,800
2020 $1,552 $139,800 $55,000 $84,800
2019 $1,552 $139,800 $55,000 $84,800
2018 $769 $139,800 $55,000 $84,800
2017 $1,661 $147,000 $0 $0
2016 $657 $147,000 $0 $0
2015 $657 $147,000 $55,000 $92,000
2012 -- $159,100 $65,000 $94,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $429,500 -- $263 / Sq Ft
Source: High Country Association of REALTORS®

Similar Homes in Banner Elk, NC

  • 88 Covered Bridge Rd, Banner Elk, NC 28604

    $518,000

    • 2 Beds
    • 2 Baths
    • 1,096 Sq Ft
    • 88 Covered Bridge Rd
    • Banner Elk, NC

    With a total of 2074 sq. ft. this beautifully updated and meticulously maintained cottage is located on the sunny south facing side of Beech Mountain just minutes from the Ski Beech, the Town of Beech Mountain, and the charming village of Banner Elk. The main entrance has a level entry. A lower drive offers level entry to all of the additional finished space downstairs. All of this contributes to

    Marsha McManus The Summit Group Of The Carolinas

    Section Image
  • 239 Dutch Treat Rd, Banner Elk, NC 28604

    $449,000

    • 2 Beds
    • 2 Baths
    • 1,519 Sq Ft
    • 239 Dutch Treat Rd
    • Banner Elk, NC

    Remodeled log cabin between Banner Elk and Boone. Among the trees on a .77-acre lot, this beautiful remodeled log cabin offers breathtaking views of Grandfather Mountain. Enjoy nature's beauty from two levels of outdoor living space, great for entertaining and taking in the grandfather view. Go inside to a spacious room with high ceilings, beautiful hardwood floors, and a newly remodeled

    Morgan Beck Herdklotz Premier Sotheby's International Realty- Banner Elk

    Section Image
  • 143 Valle River Rd, Banner Elk, NC 28604

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,225 Sq Ft
    • 143 Valle River Rd
    • Banner Elk, NC

    Don't miss out on this much sought after Valle Crucis home! This 2 bed/2 bath home offers one level living and a beautiful pastoral and mountain view from the covered porch. Exterior has cement board siding, an oversized 2 car garage, ample parking front and back and an additional storage shed. Interior boasts an open floor plan which includes a large kitchen/dining area, pantries and closets

    Lyn Hunter Keller Williams High Country

    Section Image
  • 192 Klonteska Dr, Banner Elk, NC 28604

    $509,900

    • 2 Beds
    • 2 Baths
    • 1,283 Sq Ft
    • 192 Klonteska Dr
    • Banner Elk, NC

    Wow! A two bedroom Banner Elk home at this price! Plus one with a new roof and gutters (2022), new heating and air conditioning (2022), home (and deck) painted and stained inside and out, new kitchen appliances (2022) and new hot water heater (2022). Walk a block from the home into Town to enjoy restaurants, summer theater, summer concerts and much more! Banner Elk is a charming town right

    John Heinlein Blue Ridge Realty & Inv. - Banner Elk

    Section Image
  • 173 Old Turnpike Rd NW, Banner Elk, NC 28604

    $450,000

    • 5 Beds
    • 3 Baths
    • 1,875 Sq Ft
    • 173 Old Turnpike Rd NW
    • Banner Elk, NC

    Rare Opportunity!! Only listing like this in downtown Banner Elk; Set as a duplex (but could be used as a single family with a rental income apartment, or with the stairs from the main level down to the workshop/garage, it could easily be finished out as a 5/3 home with an extra living/kitchen below) that is walking distance to town!!! At $37,200/ most recent annual rents, why get into the

    Benjamin Ray Client First Of The High Country

    Section Image
  • 261 Tumbling Brook Dr, Banner Elk, NC 28604

    $475,000

    • 3 Beds
    • 1 Bath
    • 1,128 Sq Ft
    • 261 Tumbling Brook Dr
    • Banner Elk, NC

    BANNER ELK - 4.33 ACRES w/ VIEWS, CREEK & the most AMAZING SUNSETS!!! If you BLINK you might just miss this one! EXTREMELY RARE opportunity to own your own Banner Elk Homestead. Nestled on 4.33 acres of picturesque land, this beautifully renovated 1904 farmhouse features 3 BEDROOMS - 1 BATH & offers a seamless fusions of rustic charm, contemporary comforts & convenience! Located just minutes

    Cindy Giarrusso Blue Ridge Realty & Investments Beech Mountain

    Section Image
  • 165 Collier Ln, Banner Elk, NC 28604

    $435,000

    • 3 Beds
    • 2.5 Baths
    • 2,067 Sq Ft
    • 165 Collier Ln
    • Banner Elk, NC

    Convenient location to all the fantastic things to do in Banner Elk. The home has a serene setting at the end of the road. Plenty of living space with the Primary Bedroom and Full Bath on the upper level. The main level has the Living Room with wood burning fireplace, the Kitchen, Dining Room, Laundry & Half Bath. Downstairs are 2 Bedrooms, Bunk room and a Full Bath. Each level has access to an

    Emily Farthing The Summit Group Of The Carolinas

    Section Image
  • 1236 Banner Elk Hwy, Banner Elk, NC 28604

    $339,900

    • 2 Beds
    • 2 Baths
    • 1,436 Sq Ft
    • 1236 Banner Elk Hwy
    • Banner Elk, NC

    Location, location, location....this mountain home is located within minutes to the town of Banner Elk, restaurants, golf, skiing and more. Almost level entry with one level living. 2 bedroom and a bonus/office room and 2 baths. A roomy basement with many possibilities. Pretty level yard with beautiful trees. This home would be great for year-round living, vacation rental property or

    Tammy Perry Tammy Perry Properties

    Section Image
  • 1697 Balm Hwy, Banner Elk, NC 28604

    $480,000

    • 4 Beds
    • 3 Baths
    • 2,864 Sq Ft
    • 1697 Balm Hwy
    • Banner Elk, NC

    1697 Balm Highway is a beautiful mountain retreat offering both privacy & stunning views. Situated on a 1.42-acre lot with breathtaking mountain vistas, this home features Shawneehaw Creek running along the back of the property, enhancing its tranquil atmosphere. The main level includes a gorgeous kitchen, perfect for everyday living & entertaining. Relax in the spacious sunroom, which is heated

    Jennifer Huffman Jeff Cook Real Estate LPT Realty

    Section Image

Source: High Country Association of REALTORS®

MLS Number: 257533

High Country Association of REALTORS®

APN: 1858-05-29-2635-00000