5539 NC 105 Highway, Banner Elk, NC 28604
- $224,000
- 2
- BD
- 1
- BA
- 960
- SqFt
- List Price
- $224,000
- Days on Market
- 1
- Status
- ACTIVE
- Type
- Single Family Residential
- MLS#
- 257629
- County
- Avery
- City
- Banner Elk
- Bedrooms
- 2
- Bathrooms
- 1
- Total Living Area
- 960
- Acres
- 1.50
- Year Built
- 1963
Property Description
Located directly on NC-105 between Boone and Banner Elk, this 1.5-acre property offers prime visibility and potential for a variety of uses… residential, commercial, or both. The existing 2-bedroom, 1-bath home (approximately 960 sq ft) was originally built in 1963 and will need extensive renovations, but it sits on a valuable stretch of highway frontage with a view of Grandfather Mountain. Use it as a base for a small business, turn it into affordable workforce housing, renovate for a short-term rental, or clear the way for something entirely new. Zoned without restrictions and outside of a POA, short-term rentals are allowed. There’s no current water source. A spring was historically shared with a neighbor, but that arrangement is no longer in place, so buyers will need to establish a new one. Whether you’re looking to create affordable workforce housing, establish a shop or office with high traffic exposure, or take on a full-scale renovation project, this could be your canvas. With 5-minute access to Sugar Mountain, 10 to Banner Elk, and 15 to Boone, the location speaks for itself. This is a project with vision, upside, and options, so bring your sketch book and imagination!
Additional Information
- Exterior Amenities
- Out Building(s), Other, See Remarks, Gravel Driveway
- Interior Amenities
- None
- Appliances
- Other, See Remarks
- Basement
- Other, See Remarks
- Fireplace
- Other, See Remarks
- Garage
- Driveway, Gravel, No Garage, Private
- Heating
- Electric, Wood Stove
- Road
- Other, Paved, See Remarks
- Roof
- Metal, Other, See Remarks
- Elementary School
- Banner Elk
- High School
- Avery County
- Sewer
- Septic Permit Unavailable
- Style
- Other, See Remarks
- View
- Mountain(s), Seasonal View
- Water Source
- Not Connected
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This Listing is courtesy of Andrew Plyler with Blue Ridge Realty & Inv. West Jefferson. 336-489-3042
The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”