$224,000

5539 N Carolina 105 Banner Elk, NC 28604

Estimated payment $1,241/month

Total Views 2,124
2 Beds
1 Bath
960 Sq Ft
$233 Price per Sq Ft

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

Andrew Plyler

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$363

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Other, Paved, See Remarks
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Other, See Remarks
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1963
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 336-489-3042
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Other, See Remarks
  • Has Basement: Other, See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, See Remarks
  • Interior Amenities: None
  • Living Area: 960.0
  • Stories: 2

Exterior Features

  • View: Mountain(s), Seasonal View
  • Home Warranty: No
  • Construction Type: Other, See Remarks
  • Exterior Features: Out Building(s), Other, See Remarks, Gravel Driveway
  • Other Structures: Outbuilding
  • Roof: Metal, Other, See Remarks

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable
  • Water Source: Not Connected

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 #: 1867-02-79-7380-00000

Tax Info

  • Tax Annual Amount: 362.81
  • Tax Book Number: RE513/944

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

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $224,000 -- $233 / Sq Ft
Source: High Country Association of REALTORS®

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Source: High Country Association of REALTORS®

MLS Number: 257629

High Country Association of REALTORS®