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.
For sale
Price cut: $55K (6/18)
$895,000
115 Balsam Lane, Banner Elk, NC 28604
3beds
1,872sqft
Single Family Residence
Built in 1953
1.46 Acres Lot
$-- Zestimate®
$478/sqft
$-- HOA
What's special
Newly renovatedOne level livingPrivate asphalt drivewayFlat lotNew roofDual fuel hvac systemThree-bedroom three-bath home
- 152 days
- 387
- 17
Zillow last checked:
Listing updated:
Listed by:
Melinda Eggers (828)387-5376,
Premier Sotheby's International Realty- Banner Elk
Source: High Country AOR,MLS#: 260768
Originating MLS: High Country Association of Realtors Inc.
Originating 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: $478/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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $895,000-5.8%$478/sqft |
Source:  High Country AOR #260768 Report a problem | ||
| 4/3/2026 | Listed for sale | $950,000$507/sqft |
Source: High Country AOR #260768 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28604
Nearby schools
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.
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