257 BANNER RD Rd, Banner Elk, NC 28604 (MLS # 257533)
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BIG $40,000 PRICE REDUCTION!!! 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. HOUSE SQUARE FOOTAGE IS LISTED AT 1,097; BUT BECAUSE 2ND FLOOR BEDROOMS HAVE A CEILING HEIGHT A LITTLE LESS THAN 7 FEET, 512 SQUARE FEET CAN'T BE ADVERTISED. 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! MOTIVATED SELLER!!!
| DAYS ON MARKET | 50 | LAST UPDATED | 10/2/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1924 |
| COMMUNITY | 8-Banner Elk | GARAGE SPACES | 1.0 |
| COUNTY | Avery | STATUS | Conditional |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| PRICE HISTORY | |
| Prior to Sep 10, '25 | $429,500 |
|---|---|
| Sep 10, '25 - Today | $389,500 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Crawl Space, Exterior Entry, Partial, Unfinished, Yes |
| CONSTRUCTION | Asbestos, Frame, Shake Siding, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Electric, Exhaust Fan, Fireplace(s), Radiant, Space Heater, Wall Furnace |
| INTERIOR | High Speed Internet |
| LOT | 0.31 acre(s) |
| PARKING | Gravel, Driveway, Detached, Garage, Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Mountain |
| SUBDIVISION | None |
| TAXES | 2051 |
| UTILITIES | Cable Available |
| WATER | Public |
| ZONING | R2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by John Davis, Banner Elk Realty, (828) 898-9756
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