SUBSTANTIAL PRICE IMPROVEMENT ON THIS BANNER ELK HOME!!! MOTIVATED SELLER!!! THIS VERY FAVORABLY LOCATED 3 BEDROOM, 2 BATH MOUNTAIN RANCH STYLE HOME WITH CONVENIENT ONE LEVEL LIVING IS A SHORT WALK TO EVERYTHING IN BANNER ELK! ALL DOWNTOWN AMENITIES INCLUDING DINING,SHOPPING, ENTERTAINMENT, TOWN PARK AND GREENWAY TRAILS, CHURCHES, LEES-McRAE COLLEGE AND ALL THAT BANNER ELK HAS TO OFFER IS EASILY ACCESSABLE. BIG STONE AND MASONRY FIREPLACE IS A WOOD BURNER, BUT CURRENTLY HAS VERY CONVENIENT GAS LOGS INSTALLED! THE PAVED DRIVEWAY LEADS RIGHT INTO THE BIG, ATTACHED 2-CAR GARAGE. THIS PROPERTY WOULD BE A GREAT INVESTMENT, RENTAL PROPERTY OR A COMFORTABLE PRIMARY RESIDENCE! VERY FEW SINGLE FAMILY RESIDENTIAL PROPERTIES IN THIS PRICE RANGE ARE AVAILABLE IN BANNER ELK, ESPECIALLY ONES WITH NO POA DUES TO PAY!! SELLER SAYS "BRING OFFERS" EASY TO SHOW!!
Sold for $412,500
$412,500
281 OLD TURNPIKE RD. EAST, Banner Elk, NC 28604
3beds
1,664sqft
Single Family Residence
Built in 1992
10,454 Square Feet Lot
$480,900 Zestimate®
$248/sqft
$2,398 Estimated rent
Home value
$480,900
$457,000 - $505,000
$2,398/mo
Zestimate® history
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$2,384/mo
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Convenient one level livingPaved driveway
Zillow last checked:
Listing updated:
Listed by:
John Davis (828)898-9756,
Banner Elk Realty
Bought with:
Morgan Beck-Herdklotz, 284164
Premier Sotheby's International Realty- Banner Elk
Source: High Country AOR,MLS#: 259215
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
- Electric, Fireplace(s), Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Features
- Attic, Skylights, Vaulted Ceiling(s)
- Windows: Skylight(s)
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: One, Gas, Stone, Wood Burning, Propane
Interior area
- Total structure area: 1,664
- Total interior livable area: 1,664 sqft
- Finished area above ground: 1,664
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Attached, Driveway, Garage, Two Car Garage, Paved, Private
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Multiple, Open
- Exterior features: Paved Driveway
Lot
- Size: 10,454 Square Feet
Details
- Parcel number: 185918413717
- Zoning description: R-1-U,Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain,Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Siding, Wood Frame
- Roof: Asphalt,Shingle
Condition
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Long Term Rental Allowed
- Subdivision: Sugar Tree Estates
HOA
- Has HOA: No
Location
- Region: Banner Elk
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $273,900
- Annual tax amount: $2,356
- Date on market: 11/28/2025
- Listing terms: Cash,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | $412,500-17.3%$248/sqft |
Source:  High Country AOR #259215 Report a problem | ||
| 7/21/2026 | Contingent | $498,500$300/sqft |
Source: High Country AOR #259215 Report a problem | ||
| 7/2/2026 | Price change | $498,500-9.1%$300/sqft |
Source: High Country AOR #259215 Report a problem | ||
| 6/4/2026 | Price change | $548,500-8.4%$330/sqft |
Source: High Country AOR #259215 Report a problem | ||
| 5/5/2026 | Price change | $598,500-7.9%$360/sqft |
Source: High Country AOR #259215 Report a problem | ||
| 4/8/2026 | Price change | $649,500-4.4%$390/sqft |
Source: High Country AOR #259215 Report a problem | ||
| 11/28/2025 | Listed for sale | $679,500+257.6%$408/sqft |
Source: High Country AOR #259215 Report a problem | ||
| 8/25/2011 | Sold | $190,000$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,096 | $273,900 |
| 2024 | $1,096 | $273,900 |
| 2023 | $1,096 -53.5% | $273,900 |
| 2022 | $2,356 +19.3% | $273,900 +54% |
| 2021 | $1,975 | $177,900 |
| 2020 | $1,975 | $177,900 |
| 2019 | $1,975 +0.9% | $177,900 |
| 2018 | $1,957 +100% | $177,900 -4.8% |
| 2017 | $978 +17.1% | $186,900 |
| 2016 | $836 | $186,900 |
| 2015 | $836 | $186,900 |
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: 1.3 mi
- 2/10Avery MiddleGrades: 6-8Distance: 7.5 mi
- 3/10Avery County High SchoolGrades: 9-12Distance: 7.4 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
- 281 OLD TURNPIKE RD. EAST
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