Banner Elk, NC 28604,5539 NC 105 HWY
Banner Elk, NC 28604,5539 NC 105 HWY
Banner Elk, NC 28604,5539 NC 105 HWY
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$224,000
Est. payment /mo
2 Beds
1 Bath
960 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $233

MLS Listing ID 257629

Style Other,See Remarks

Bedrooms 2

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 960

Year Built 1963

Annual Tax Amount $362

Lot Size 1.500 Acres

Acres 1.5

Property Sub-Type Single Family Residence

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!

Location

State NC

County Avery

Community Long Term Rental Allowed, Short Term Rental Allowed

Area 8-Banner Elk

Rooms

Basement Other, See Remarks

Interior

Interior Features None

Heating Electric, Wood Stove

Cooling None

Fireplaces Type Other, See Remarks

Fireplace No

Appliance Other, See Remarks

Exterior

Exterior Feature Out Building(s), Other, See Remarks, Gravel Driveway

Parking Features Driveway, Gravel, No Garage, Private

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Water Access Desc Not Connected

View Mountain(s), Seasonal View

Roof Type Metal,Other,See Remarks

Building

Story 2

Entry Level Two

Sewer Septic Permit Unavailable

Water Not Connected

Architectural Style Other, See Remarks

Level or Stories Two

Additional Building Outbuilding

Schools

Elementary Schools Banner Elk

High Schools Avery County

Others

Tax ID 1867-02-79-7380-00000

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan


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High Country MLS
Listed by Blue Ridge Realty & Inv. West Jefferson

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agent

Galen Walter

+1(561) 339-6406

Agent | License ID: 313869

Agent License ID: 313869

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