
5539 N Carolina 105 Banner Elk, NC 28604
Estimated payment $1,241/month
Highlights
- Popular Property
- 1.5 Acre Lot
- Wood Burning Stove
- Valle Crucis Elementary School Rated A-
- Mountain View
- No HOA
About This Home
Located directly on NC-105 between Boone and Banner Elk, this 1.5-acre property offers prime visibility and potential for a variety of uses... residential, commercial, or both. The existing 2-bedroom, 1-bath home (approximately 960 sq ft) was originally built in 1963 and will need extensive renovations, but it sits on a valuable stretch of highway frontage with a view of Grandfather Mountain.
Use it as a base for a small business, turn it into affordable workforce housing, renovate for a short-term rental, or clear the way for something entirely new. Zoned without restrictions and outside of a POA, short-term rentals are allowed. There’s no current water source. A spring was historically shared with a neighbor, but that arrangement is no longer in place, so buyers will need to establish a new one. Whether you’re looking to create affordable workforce housing, establish a shop or office with high traffic exposure, or take on a full-scale renovation project, this could be your canvas.
With 5-minute access to Sugar Mountain, 10 to Banner Elk, and 15 to Boone, the location speaks for itself. This is a project with vision, upside, and options, so bring your sketch book and imagination!
Listing Agent
Blue Ridge Realty & Inv. West Jefferson Brokerage Phone: 336-489-3042 Listed on: 08/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $363
Year Built
- Built in 1963
Property Views
- Mountain
- Seasonal
Home Design
- Metal Roof
Interior Spaces
- 960 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- No Garage
- Private Parking
- Gravel Driveway
Schools
- Banner Elk Elementary School
- Avery County High School
Utilities
- No Cooling
- Heating Available
- Not Connected to Water Source
Additional Features
- Outbuilding
- 1.5 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Long Term Rental Allowed
- Assessor Parcel Number 1867-02-79-7380-00000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/21/2025 08/21/25 | For Sale | $224,000 | -- | $233 / Sq Ft |
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