340 Balsam Lane, Banner Elk, NC 28604 (MLS # 261998)
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"¢ LOCATION, LOCATION, LOCATION! Walk along the Greenway to downtown Banner Elk's charming restaurants, shops, breweries, parks, and year-round events, while still offering the peaceful feel of a mountain retreat. Welcome to "A-Frame of Mind" "” affectionately known by guests as Banner Elk's Favorite Little Cabin in the Trees! This charming and highly successful short-term rental is now ready for its next owner. Whether you're searching for a mountain getaway, investment property, or both, this every box. Situated on just under an acre, this 2-bedroom, 2-bath cabin offers approximately 1,402 sq ft of warm and inviting living space, plus a full unfinished basement already stubbed and ready for future expansion. The lower level also includes a one-car garage, abundant storage space, laundry room, and washer/dryer. The main level features an open and spacious living, dining, and kitchen area centered around a stunning wood-burning fireplace. It is truly the perfect gathering spot after a day in the mountains. Step outside onto the deck to enjoy your morning coffee or evening refreshments while dinner sizzles on the grill surrounded by peaceful wooded views. The large primary suite is conveniently located on the main level and includes a walk-in closet, owner's lockout closet, and spacious en suite bath with double vanities and over sized shower. Just off the primary bedroom is a second deck for reading, relaxing, or simply soaking in the mountain air. Upstairs, you'll find a loft overlooking the living room below for additional sleeping space, kids' hangout, or home office . The upstairs also features a second bedroom, walk-in closet, and full bath. *This property is being sold fully furnished and stocked with every essential. It is turnkey ready for your next getaway or to begin hosting your rental guests.
| DAYS ON MARKET | 3 | LAST UPDATED | 5/21/2026 |
|---|---|---|---|
| TRACT | Eden's Gate | YEAR BUILT | 1996 |
| 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 |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Cooktop, Electric Water Heater |
| AREA | 8-Banner Elk |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Frame, Log Siding, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Baseboard, Ductless, Electric |
| INTERIOR | High Speed Internet |
| LOT | 0.93 acre(s) |
| LOT DIMENSIONS | 0.93 |
| PARKING | Basement, Garage |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | A Frame, Mountain |
| SUBDIVISION | Eden's Gate |
| TAXES | 1224 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Thomas Golder, Claybank Investors, (704) 341-1556
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