Date
Details
Price
Change
Source
4/02/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$950,000
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Property Description
This is a rare opportunity in downtown Banner Elk. This newly renovated, one level living home on a flat lot was previously occupied by just one family for 65 years. The three-bedroom, three-bath home has been completely redone to include a new roof, windows, doors, dual fuel HVAC system, kitchen, bathrooms, floors, two concrete patios, landscaping and a private asphalt driveway. The home sits on 1.46 acres of usable, flat property with 250 feet of frontage on Shawneehaw Creek and within a short distance to the greenway trail connector to take you to Banner Elk Park. The home is located near all the great restaurants, entertainment and events downtown Banner Elk has to offer.
Full Property Details
Full Property Details for 115 Balsam Ln
General
- Price: $950,000
- Taxes: $1,342
- Status: Active
- Type: Single Family
- Source: 2217
- MLS ID: 260768
- Updated: 4/6/2026
- Added to Site: 47 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One
- Appliances: Dishwasher, Electric Water Heater, Gas Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, In Basement
Exterior
- Exterior Features: Paved Driveway
- Porch/Patio/Deck: Multiple, Other, See Remarks
Parking
- Parking Features: Asphalt, Driveway, Paved, Private
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: None
School Information
- Elementary School: Banner Elk
- Middle School: Avery
- High School: Avery County
Community
- Community Name: 8-Banner Elk
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Forced Air, Propane
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Mountain, Ranch
- Detached/Attached: Detached
- Construction: Stone, Wood Frame
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Shingle
- Stories/Levels: 1
- Square Feet: 3,269
- Living Area: 1,872 Sq. Ft.
- Finished Total: 1,872 Sq. Ft.
- Finished Above Grnd: 1,872 Sq. Ft.
- Year Built: 1953
Lot Features
- Property View: Mountain(s), Creek/Stream
- Lot Size (Acres): 1.46
- Lot Size: 1.46
- Road Maintenance: Public Maintained Road
Water Features
- Water Front Desc.: Creek, Stream
Financial Considerations
- Tax Amount: $1,342.06
- Terms: Cash, Conventional, FHA, New Loan, USDA Loan, VA Loan
Disclosures and Reports
- Property ID: 185919511347
Listed by Premier Sotheby's International Realty- Banner Elk
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Listing agent
— 115 Balsam Ln —
Premier Sotheby's International Realty- Banner Elk
(828) 387-5376
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 115 Balsam Ln
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 1.1 mi |
Avery Middle 102 Old Montezuma Road, Newland, NC 28657 | 6-8 | 7.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Balsam Ln
Estimate the Cost
Estimate the Cost for 115 Balsam Ln
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
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115 Balsam Lane, Banner Elk, NC 28604 (MLS# 260768) is a Single Family property with 3 bedrooms and 3 full bathrooms. 115 Balsam Lane is currently listed for $950,000 and was received on April 02, 2026. Want to learn more about 115 Balsam Lane? Do you have questions about finding other Single Family real estate for sale in Banner Elk? You can browse all Banner Elk real estate or contact a Coldwell Banker agent to request more information.