Sold for $350,000

$350,000

1697 Balm Hwy, Banner Elk, NC 28604

4beds

2,864sqft

Stick/Site Built, Residential, Single Family Residence

Built in 1960

1.42 Acres Lot

$652,600 Zestimate^®

$--/sqft

$3,892 Estimated rent

Home value

$652,600

$555,000 - $764,000

$3,892/mo

Zestimate^® history

Owner options

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$3,892/mo

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$2,006/mo

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$2,006/mo

Est. payment

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What's special

Breathtaking mountain vistasSpacious sunroomGorgeous kitchenPrivacy and stunning views

1697 Balm Highway is a beautiful mountain retreat offering both privacy & stunning views. Situated on a 1.42-acre lot with breathtaking mountain vistas, this home features Shawneehaw Creek running along the back of the property, enhancing its tranquil atmosphere. The main level includes a gorgeous kitchen, perfect for everyday living & entertaining. Relax in the spacious sunroom, which is heated & cooled for year-round comfort. The primary bedroom features a private deck with mountain views, & the back deck provides the perfect spot to enjoy the surrounding nature. Stay warm & cozy with 4 fireplaces throughout the home - 1 wood-burning and 3 propane. The fully finished basement, with a separate entrance, includes a full kitchen, 1 bedroom, a living room, & a bathroom, offering the perfect opportunity for guests or even as an Airbnb rental. This property is an ideal full-time residence or vacation home, with easy access to nearby ski resorts, Boone, & Appalachian State University.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 2

Heating

Fireplace(s), Heat Pump, Electric, Propane, Wood

Cooling

Central Air, Wall Unit(s)

Appliances

Included: Electric Water Heater

Features

Basement: Finished, Basement
Number of fireplaces: 4
Fireplace features: Basement, Dining Room, Living Room

Interior area

Total structure area: 2,864
Total interior livable area: 2,864 sqft
Finished area above ground: 2,032
Finished area below ground: 832

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Pool features: None
Has view: Yes
View description: Mountain(s), Water
Has water view: Yes
Water view: Water

Lot

Size: 1.42 Acres
Dimensions: 113 x 98 x 188 x 142 x 176 x 110 x 166 x 266
Features: Mountain, Partial Flood Zone

Details

Parcel number: 18690303124100000
Zoning: R
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Wood Siding

Condition

Year built: 1960

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Banner Elk

Financial & listing details

Tax assessed value: $352,700
Annual tax amount: $1,410
Date on market: 3/10/2025
Cumulative days on market: 182 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
9/26/2025	Sold	$350,000-27.1%
Source: Triad MLS #1172970 Report a problem
9/8/2025	Pending sale	$480,000
Source: Triad MLS #1172970 Report a problem
6/13/2025	Price change	$480,000+1.1%
Source: Triad MLS #1172970 Report a problem
5/14/2025	Price change	$475,000-2.1%$166/sqft
Source: Canopy MLS as distributed by MLS GRID #4232252 Report a problem
3/20/2025	Price change	$485,000-2%$169/sqft
Source: Canopy MLS as distributed by MLS GRID #4232252 Report a problem
3/10/2025	Listed for sale	$495,000+54.7%
Source: Triad MLS #1172970 Report a problem
6/13/2018	Sold	$320,000-5.9%$112/sqft
Source: Public Record Report a problem
9/30/2008	Sold	$340,000$119/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,411	$352,700
2024	$1,411	$352,700
2023	$1,411	$352,700
2022	$1,411 +0%	$352,700 +37.6%
2021	$1,410	$256,400
2020	$1,410 +0.7%	$256,400 +0.7%
2019	$1,400	$254,600
2018	$1,400 -5%	$254,600 -1.1%
2017	$1,474 +20.4%	$257,500
2016	$1,225	$257,500
2015	$1,225	$257,500