Nestled just 2 minutes from the heart of Banner Elk, this mountain home offers a serene retreat amidst breathtaking pastoral and mountain vistas. The 2.4 acre lot has a fire pit and lots of ferns and rhododendrons. Relax on the charming covered front porch, where one can bask in the beauty of the surroundings. The great room welcomes you with tongue-and-groove vaulted ceilings adorned with large beams and a gas log fireplace. The are 2 bedrooms on the main level and a master suite and bath upstairs. The basement has 2 large garage doors that swing open. It would be perfect to finish off some of this space into an office, game or movie room. The gas furnace includes an air conditioning system. The home would be great for a year round resident or to be used as a seasonal getaway. There are no restrictions so the home can be rented short term ir ling term. The current owners are renting it through Vacasa.
Sold for $435,000
$435,000
1926 Balm Highway, Banner Elk, NC 28604
3beds
1,244sqft
Single Family Residence
Built in 1999
2.42 Acres Lot
$473,600 Zestimate®
$350/sqft
$2,273 Estimated rent
Home value
$473,600
$445,000 - $502,000
$2,273/mo
Zestimate® history
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$2,535/mo
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Zillow last checked:
Listing updated:
Listed by:
Marsha McManus 828-898-3500,
The Summit Group Of The Carolinas,
James Canterbury 828-260-5528,
The Summit Group Of The Carolinas
Bought with:
Sarah Whitfield, 214403
Premier Sotheby's International Realty- Banner Elk
Skylar Warren, 288115
Premier Sotheby's International Realty- Banner Elk
Source: High Country AOR,MLS#: 248842
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Fireplace(s), Propane
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Exhaust Fan, Electric Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
- Laundry: Main Level
Features
- Cathedral Ceiling(s), Furnished, Vaulted Ceiling(s)
- Basement: Exterior Entry,Unfinished,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Gas, Stone, Propane
- Furnished: Yes
Interior area
- Total structure area: 2,380
- Total interior livable area: 1,244 sqft
- Finished area above ground: 1,244
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Basement, Driveway, Garage, Two Car Garage, Gravel, Private
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Fire Pit, Storage, Gravel Driveway
- Has view: Yes
- View description: Mountain(s), Pasture
Lot
- Size: 2.42 Acres
Details
- Parcel number: 18690303903600000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Metal
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Sewer Applied for Permit
- Water: Private, Well
- Utilities for property: High Speed Internet Available
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: $350/sqft
- Tax assessed value: $269,500
- Annual tax amount: $1,121
- Date on market: 4/8/2024
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2024 | Sold | $435,000-11%$350/sqft |
Source:  High Country AOR #248842 Report a problem | ||
| 6/4/2024 | Pending sale | $489,000$393/sqft |
Source: High Country AOR #248842 Report a problem | ||
| 5/6/2024 | Price change | $489,000-3.9%$393/sqft |
Source: High Country AOR #248842 Report a problem | ||
| 4/30/2024 | Price change | $509,000-0.2%$409/sqft |
Source: High Country AOR #248842 Report a problem | ||
| 4/27/2024 | Price change | $510,000-1.7%$410/sqft |
Source: High Country AOR #248842 Report a problem | ||
| 4/8/2024 | Listed for sale | $519,000+191.6%$417/sqft |
Source: High Country AOR #248842 Report a problem | ||
| 9/30/2013 | Sold | $178,000-10.3%$143/sqft |
Source: High Country AOR #177486 Report a problem | ||
| 8/5/2010 | Sold | $198,500$160/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,078 | $269,500 |
| 2024 | $1,078 | $269,500 |
| 2023 | $1,078 | $269,500 |
| 2022 | $1,078 +18.4% | $269,500 +62.8% |
| 2021 | $910 | $165,500 |
| 2020 | $910 | $165,500 |
| 2019 | $910 | $165,500 |
| 2018 | $910 | $165,500 +0.7% |
| 2017 | $910 +23.9% | $164,300 |
| 2016 | $735 | $164,300 |
| 2015 | $735 | $164,300 |
Find assessor info on the county website
Neighborhood: 28604
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Banner Elk Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 2/10Avery MiddleGrades: 6-8Distance: 8.3 mi
- 3/10Avery County High SchoolGrades: 9-12Distance: 8.3 mi
Schools provided by the listing agent
- Elementary: Banner Elk
- 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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- North Carolina
- Avery County
- Banner Elk
- 28604
- 1926 Balm Highway
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