Date
Details
Price
Change
Source
5/12/2026
Listed
$415,000
—
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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Property Description
Rare Opportunity!! Only listing like this in downtown Banner Elk; Set up as a duplex (but could be used as a single family with a rental income apartment (just rented both units for total $3000/month through 11/26), or with the stairs from the main level down to the workshop/garage, it could easily be finished out as a 5/3 home with an extra living/kitchen below) that is walking distance to town!!! It's very rare for any multi-family to come on the market in Downtown Banner Elk on city water/sewer/maintained-paved roads, and this investment has been a great asset for 11 years to the current owner. Easily accessible with paved driveway, and fully remodeled when purchased, including metal roof, paint, new kitchens, new baths, new plumbing, new windows, lvp flooring, etc, the duplex features a 2/1 below, and a 3/2 above, with separate entrances/decks. The basement features a 1-car garage and large workshop area (this is set up to be assessed by either unit, depending on which wants to include it in their lease). There is a small flat yard around the lower unit. Old Turnpike runs next to a noisy creek, and is a quiet, flat street that is great for walking. In past tenants pay all utilities 50/50 between the units; with power on 1 meter. Upper and lower both rented to construction crew on 1 lease at a discount (3k/month) through Nov. Each could be rented for $2000/ up and $1200 down per month.
Full Property Details
Full Property Details for 173 Old Turnpike NW Rd
General
- Price: $415,000
- Taxes: $1,255
- Status: Active
- Type: Single Family
- Source: 2217
- MLS ID: 261893
- Updated: 5/12/2026
- Added to Site: Today
Interior
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Main Level, Upper Level
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Covered, Multiple, Open
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Asphalt, Driveway, Garage, One Car Garage, Paved, Shared Driveway
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: None
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available
Structural Information
- Architectural Style: Cottage, Traditional
- Detached/Attached: Detached
- Construction: Wood Siding, Wood Frame
- Basement: Yes
- Basement Desc.: Finished, Partially Finished, Walk-Out Access
- Roof: Metal
- Windows: Double Pane Windows
- Stories/Levels: 2
- Square Feet: 2,500
- Living Area: 1,875 Sq. Ft.
- Finished Total: 1,875 Sq. Ft.
- Finished Above Grnd: 1,875 Sq. Ft.
- Year Built: 1984
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Mountain(s), Pasture
- Lot Size (Acres): 0.26
- Lot Size: .26
- Road Maintenance: Public Maintained Road
- Zoning: Residential
Financial Considerations
- Tax Amount: $1,255
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Property ID: 1859-17-00-1602-00000
- Lot Number: 2
Listed by Client First Of The High Country
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 173 Old Turnpike NW Rd —
Client First Of The High Country
(704) 287-2760
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 173 Old Turnpike NW Rd
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 1.6 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 6-8 | 4.9 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 173 Old Turnpike NW Rd
Tax History
Tax History for 173 Old Turnpike NW Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,255
—
$145,900
—
2024
$1,255
115%
$145,900
—
2023
$584
—
$145,900
—
2022
$584
20%
$145,900
65%
2021
$486
-50%
$88,400
—
2019
$981
1%
$88,400
—
2018
$972
-16%
$88,400
-14%
2017
$1,162
77%
$102,800
—
2016
$655
15%
$102,800
-19%
2015
$568
33%
$127,100
55%
2014
$428
20%
$82,100
-6%
2013
$356
—
$87,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 173 Old Turnpike NW Rd
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- Single Family
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173 Old Turnpike NW Road, Banner Elk, NC 28604 (MLS# 261893) is a Single Family property with 5 bedrooms and 3 full bathrooms. 173 Old Turnpike NW Road is currently listed for $415,000 and was received on May 14, 2026. Want to learn more about 173 Old Turnpike NW Road? 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.