260 Balsam Lane, Banner Elk, NC 28604

$729,000
5
BD
4
BA
2,905
SqFt

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This Listing is courtesy of Amanda Sorrow with Realty One Group Results-Banne. (704) 467-3214

List Price
$729,000
Status
ACTIVE
Days on Market
154
Price Change
▼ $20,000 1791221094
MLS#
262410
Subtype
Residential
Style
Chalet/Alpine
Architectural Style
Chalet/Alpine
Year Built
1970
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
2,905
Acres
0.38
MLS Area Major
8-Banner Elk

Property Description

This spacious and beautifully appointed mountain retreat truly has it all! Step inside to soaring vaulted ceilings and an inviting open-concept floor plan designed for gathering family and friends. The stunning kitchen features granite countertops, stainless steel appliances, and ample space for entertaining. The main level offers a spacious family room with a beautiful fireplace, two primary suites with baths, and an additional bedroom. Upstairs, guests will enjoy a loft gaming area perfect for relaxing after a day of adventure. The lower level provides exceptional flexibility with a second full kitchen featuring granite countertops and stainless steel appliances, three additional bedrooms, and a recreation area complete with a newly covered pool table. With accommodations for up to 14 guests, this property is ideal as a vacation home, rental investment, or full-time mountain getaway. One of the property's most desirable features is its location—walkable to downtown Banner Elk via the Greenway, giving you easy access to restaurants, breweries, shopping, parks, and popular summer concerts. Enjoy the convenience of leaving the car behind while still being tucked away in a beautiful mountain setting. For winter fun, you're less than five miles from Sugar Mountain Resort, offering skiing, snowboarding, tubing, and year-round mountain adventures. Whether you're searching for a mountain retreat, a high-performing short-term rental (2026 year to date gross 27,817), or both, this exceptional property offers the perfect combination of location, space, and amenities. A rare opportunity to own a home that comfortably sleeps 14 guests while being walkable to everything Banner Elk has to offer!

Additional Information

Amenities
Hot Tub/Spa
Interior Features
Furnished, Second Kitchen, Vaulted Ceiling(s)
Exterior Features
Hot Tub/Spa
Taxes
$5,080
Property Description
Chalet/Alpine
Appliances
Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave Hood Fan, Microwave, Washer
Heating
Electric, Heat Pump
Air Conditioning
1 Unit
Exterior Construction
Stone, Wood Siding, Wood Frame
Stories
2
Levels
Two
Roof
Asphalt, Shingle
Foundation
Basement, Slab
Parking Features
No Garage
Garage
No Garage
School District
Avery County
Elementary School
Banner Elk
High School
Avery County

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