Banner Elk, NC 28604,40 Painter RD
Banner Elk, NC 28604,40 Painter RD
Banner Elk, NC 28604,40 Painter RD
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Galen Walter

Galen Walter

+1(828) 329-9213
$272,500
Est. payment /mo
2 Beds
1 Bath
491 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 491 sqft

Price per Sqft $554

MLS Listing ID 253593

Style Farmhouse,Mountain

Bedrooms 2

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 491

Year Built 1909

Annual Tax Amount $447

Lot Size 0.953 Acres

Acres 0.953

Property Sub-Type Single Family Residence

Property Description

Historic Farmhouse in Banner Elk with Strong Short Term Rental Performance This early 1900s farmhouse offers far more usable space than the 491 sq ft listed on paper. Due to ceiling heights under 7 feet, only a portion is counted, yet the home provides over 1,500 sq ft of functional living space. From practical bedrooms to flexible gathering areas, the layout delivers comfort, efficiency, and plenty of room to accommodate guests. Located just minutes from Banner Elk town center, the property blends historic character with modern-day appeal. Guests consistently rave about the central location, with Banner Elk Winery only 1 mile away and two ski slopes within 5 miles. It's been well maintained, retains its original charm, and offers a unique setting that continues to attract travelers looking for something memorable and authentic. For investors, the numbers speak for themselves. This home is already established on Airbnb and VRBO, generating more than $23,000 in 2025 to date. It holds all 5 star reviews on Airbnb and benefits from an experienced Superhost who has built strong visibility and consistent demand. The next owner steps into a turnkey short term rental with proven performance and immediate income potential. The home is being sold fully furnished, making onboarding simple whether you plan to continue operating it as a high performing short term rental, use it as a personal getaway, or both. Its proximity to recreation, restaurants, wineries, and year round attractions further strengthens its rental appeal. If you're looking for a well positioned investment with character, reliable returns, and room to grow, this Banner Elk farmhouse deserves a close look. It's a unique asset with a story, strong momentum, and the kind of charm guests continue to rave about.

Location

State NC

County Avery

Community Short Term Rental Allowed

Area 8-Banner Elk

Rooms

Basement Crawl Space

Interior

Heating Baseboard, Ductless, Electric

Cooling Ductless

Fireplaces Type Masonry

Fireplace Yes

Appliance Dryer, Electric Range, Microwave, Refrigerator, Washer

Laundry Main Level

Exterior

Exterior Feature Gravel Driveway

Parking Features Driveway, Gravel, No Garage, Private

Community Features Short Term Rental Allowed

Water Access Desc Private

Roof Type Metal

Porch Covered

Building

Story 2

Entry Level Two

Sewer Septic Permit Unavailable

Water Private

Architectural Style Farmhouse, Mountain

Level or Stories Two

Schools

Elementary Schools Banner Elk

High Schools Avery County

Others

Tax ID 1859-00-83-6164-00000

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

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High Country MLS
Listed by High Country Resort Properties

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Galen Walter

Galen Walter

+1(828) 329-9213

Agent | License ID: 313869

Agent License ID: 313869

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