$310,000

40 Painter Rd Banner Elk, NC 28604

Estimated payment $1,750/month

Total Views 5,994
2 Beds
1 Bath
491 Sq Ft
$631 Price per Sq Ft

Highlights

  • Mountain Architecture
  • No HOA
  • Ductless Heating Or Cooling System
  • Banner Elk Elementary School Rated A-
  • Covered patio or porch
  • Baseboard Heating

About This Home

Charming Historic Farmhouse in Banner Elk – More Than Meets the Eye! Listed at 491 sq ft due to ceiling heights under 7 feet, this home actually offers over 1,500 sq ft of functional, inviting living space that has been lovingly used and enjoyed for generations. While today’s standards may not count every inch, you certainly will—from cozy bedrooms to charming gathering spaces, there's room to live, relax, and create new memories. Step into the heart of Banner Elk history with this captivating early 1900s farmhouse, nestled just minutes from the town center. Built before the town was even incorporated, this home offers the warmth of a bygone era, thoughtfully maintained and full of character you won’t find in modern builds. Fully furnished and ready to enjoy, this home is ideal as a weekend retreat, short-term rental, or full-time residence for those who appreciate craftsmanship, charm, and simpler living. Picture mornings on the front porch, afternoons exploring nearby shops and trails, and evenings around the table in a space that feels like home the moment you walk in. If you're looking for something unique with soul, substance, and a story—you’ve found it. Don’t let the square footage on paper stop you from experiencing all this home truly offers.

Listing Agent

Michelle Griffin

High Country Resort Properties Brokerage Phone: (828) 260-7751 Listed on: 02/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $447

Year Built

  • Built in 1909

Lot Details

  • 0.95 Acre Lot
  • Property fronts a private road

Home Design

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

Interior Spaces

  • 491 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered patio or porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1859-00-83-6164-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$447

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.953
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 491.0
  • Architectural Style: Farmhouse, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1909
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 260-7751
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Living Area: 491.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless, Electric
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable
  • Water Source: Private

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Parcel #: 1859-00-83-6164-00000

Tax Info

  • Tax Annual Amount: 447.2
  • Tax Book Number: 595/1505

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
2023 $447 $111,800 $48,200 $63,600
2022 $447 $111,800 $48,200 $63,600
2021 $364 $66,200 $36,200 $30,000
2020 $364 $66,200 $36,200 $30,000
2019 $364 $66,200 $36,200 $30,000
2018 $1,070 $66,200 $36,200 $30,000
2017 $1,085 $197,200 $0 $0
2016 $882 $197,200 $0 $0
2015 $882 $197,200 $164,600 $32,600
2012 -- $296,400 $253,100 $43,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $310,000 -4.6% $631 / Sq Ft
07/09/2025 07/09/25 Price Changed $324,900 -4.2% $662 / Sq Ft
05/26/2025 05/26/25 Price Changed $339,000 -2.9% $690 / Sq Ft
05/15/2025 05/15/25 Price Changed $349,000 -2.8% $711 / Sq Ft
04/30/2025 04/30/25 Price Changed $359,000 -2.7% $731 / Sq Ft
03/04/2025 03/04/25 Price Changed $369,000 -2.6% $752 / Sq Ft
02/19/2025 02/19/25 Price Changed $379,000 -5.0% $772 / Sq Ft
02/05/2025 02/05/25 For Sale $399,000 -- $813 / Sq Ft
Source: High Country Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,500 New Conventional
Source: Public Records

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Source: High Country Association of REALTORS®

MLS Number: 253593

High Country Association of REALTORS®

APN: 1859-00-83-6164-00000