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Sold for $850,000
  • $850,000

    115 Balsam Lane, Banner Elk, NC 28604

    3beds
    1,872sqft
    Single Family Residence
    Built in 1953
    1.46 Acres Lot
    $849,900 Zestimate®
    $454/sqft
    $3,239 Estimated rent

    Home value

    $849,900

    Estimated sales range

    Not available

    $3,239/mo

    Zestimate® history
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    $3,239/mo

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    $5,061/mo

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    $5,061/mo

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    What's special

    Newly renovatedOne level livingPrivate asphalt drivewayFlat lotNew roofDual fuel hvac systemThree-bedroom three-bath home
    This is a rare opportunity in downtown Banner Elk. This newly renovated, one level living home on a flat lot was previously occupied by just one family for 65 years. The three-bedroom, three-bath home has been completely redone to include a new roof, windows, doors, dual fuel HVAC system, kitchen, bathrooms, floors, two concrete patios, landscaping and a private asphalt driveway. The home sits on 1.46 acres of usable, flat property with 250 feet of frontage on Shawneehaw Creek and within a short distance to the greenway trail connector to take you to Banner Elk Park. The home is located near all the great restaurants, entertainment and events downtown Banner Elk has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melinda Eggers (828)387-5376,

    Premier Sotheby's International Realty- Banner Elk

    Bought with:

    Matt Lambert, 208820

    Premier Sotheby's International Realty- Banner Elk

    Source: High Country AOR,MLS#: 260768MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric, Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Gas Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup, In Basement
    Features
    • Basement: Full,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: One
    Interior area
    • Total structure area: 3,269
    • Total interior livable area: 1,872 sqft
    • Finished area above ground: 1,872
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Asphalt, Driveway, Paved, Private
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Multiple, Other, See Remarks
    • Exterior features: Paved Driveway
    • Has view: Yes
    • View description: Mountain(s), Creek/Stream
    • Has water view: Yes
    • Water view: Creek/Stream
    • Waterfront features: Creek, Stream
    Lot
    • Size: 1.46 Acres
    Details
    • Parcel number: 185919511347

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood Frame
    • Foundation: Basement
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $454/sqft
    • Annual tax amount: $1,342
    • Date on market: 4/2/2026
    • Listing terms: Cash,Conventional,FHA,New Loan,USDA Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/13/2026Sold$850,000-5%$454/sqft
    Source: High Country AOR #260768 Report a problem
    9/3/2026Contingent$895,000$478/sqft
    Source: High Country AOR #260768 Report a problem
    6/18/2026Price change$895,000-5.8%$478/sqft
    Source: High Country AOR #260768 Report a problem
    4/3/2026Listed for sale$950,000$507/sqft
    Source: High Country AOR #260768 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 28604

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Banner Elk
    • Middle: Avery
    • High: Avery County

    Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $849,900
    2% more
    +$16,998
    With Zillow Showcase(estimated)

    $866,898

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $849,900
    2% more
    +$16,998
    With Zillow Showcase(estimated)

    $866,898