337 Balsam Lane, Banner Elk, NC 28604 (MLS # 258340)
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This beautiful and meticulously maintained home is located in the town limits of Banner Elk with easy access to the Banner Elk Park and the downtown area. The main level offers first floor living with two bedrooms and a full bath, plus a large primary suite featuring a walk-in closet, separate vanity and shower area, a den, and fabulous deck access with a great view of Beech Mountain. A formal dining room, spacious living room, partially vaulted ceilings, a kitchen with cherry cabinets, new appliances, granite countertops, a built-in desk, and laundry area complete the main floor. A convenient two car garage is also located on this level. The finished basement provides two additional bedrooms or office space, a full bath, an extra flex space, a large storage area, and a one car garage with a separate entrance. In total, the home offers five spacious bedrooms, multiple entertainment areas, and abundant closet and storage space throughout. Recent updates include a new roof (2021), new HVAC system, new kitchen appliances, new carpet and hardwood floors, new window treatments and more. The property has been thoughtfully maintained inside and out, with a beautifully landscaped and manicured 1.87 acre corner lot. Fabulous views can be enjoyed from the living room, kitchen, dining room, and primary bedroom. The setting is excellent for mornings with coffee on the porch while taking in the mountains or evening drinks by the firepit. Located a short distance from the village of Banner Elk, this home is only minutes to both Sugar Mountain and Beech Mountain ski resorts. With its prime location, generous layout, and significant updates already in place, this property offers an excellent opportunity for buyers to add their own personal touch and create their personalized mountain retreat.
| DAYS ON MARKET | 24 | LAST UPDATED | 10/15/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 2001 |
| COMMUNITY | 8-Banner Elk | GARAGE SPACES | 1.0 |
| COUNTY | Avery | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| PRICE HISTORY | |
| Prior to Oct 15, '25 | $950,000 |
|---|---|
| Oct 15, '25 - Today | $949,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Exterior Entry, Finished, Interior Entry, Yes |
| CONSTRUCTION | Frame, Vinyl Siding, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Baseboard, Electric, Exhaust Fan, Fireplace(s), Heat Pump |
| INTERIOR | High Speed Internet |
| LOT | 1.87 acre(s) |
| PARKING | Gravel, Basement, Driveway, Garage, Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | None |
| TAXES | 2078.31 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Hope Caroselli, Blue Ridge Realty & Inv. Boone, (828) 263-8711
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