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Property Description
Perched just above the charming town of Banner Elk, this spacious home delivers the best of mountain living - peaceful enough to hear the leaves rustle, yet close enough to hear the music drifting up from the town park on Thursday summer evenings. In winter, skiing at Sugar Mountain and Beech Mountain awaits just 15 minutes away. Year-round, downtown Banner Elk's shops and restaurants are less than half a mile from your door. Arrive to ample parking and take just four easy steps up to the main level - single-level living if desired. The full-length rocking chair front porch sets the tone immediately, welcoming you to the mountains. Step inside to soaring vaulted ceilings and an open-concept living, dining, and kitchen area finished in a white-washed style that brings a fresh, modern feel. The kitchen offers a generous island with breakfast bar seating. There is a comfortable living area and a large dining table to seat everyone. And yes, the home is offered fully furnished, with just a few exceptions. The main level follows a split floorplan. On one side, the spacious primary suite features a bright, beautifully renovated bath and en-suite laundry - plus direct access to the full-length back deck, where views over the town of Banner Elk await. On the other side, two additional bedrooms each open to the front or back deck, and share a well-appointed bath. Every bedroom is genuinely spacious; no one draws the short straw here. The lower level offers tremendous flexibility - a huge living area, a fourth bedroom with seating area, and two full baths give guests or family members a retreat of their own- including a separate entrance from the driveway. On the lower back deck, you'll find a concrete slab and wiring already in place for a hot tub. The oversized, attached two-car garage opens to this level. The owners have taken exceptional care of the home: a new roof (2019), sanded and stained (2020), new retaining wall and 1,000 gallon propane tank (2020), repaved driveway (2022), new water heaters (2026), a new A/C compressor (2026), and more! No HOA, and the home is on city water and sewer and a city maintained paved road. This home is move-in ready and built to last. Whether you're looking for a full-time mountain home, a vacation retreat, or an income-producing rental property, this home checks every box. When you can't be here - and you'll always wish you could - the rental potential is excellent.
Full Property Details
Full Property Details for 248 Hillcrest Ln
General
- Price: $975,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4375067
- Updated: 4/29/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Attic Other, Breakfast Bar, Kitchen Island, Open Floorplan
- Fireplace: Yes
- Fireplace(s): Gas, Gas Vented, Living Room, Propane, Gas, Gas Vented, Living Room, Propane
- Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer, Washer/Dryer
- Flooring: Carpet, Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Main - Full Baths: 2
- Basement Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms-B: 1
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Laundry Closet, Main Level
Additional Information
- Equipment: Fuel Tank - Owned
Exterior
- Exterior Features: Other - See Remarks
Parking
- Garage: Yes
- Garage Description: 529 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Driveway, Attached Garage
Location
- County: Avery
- Driving Directions: From Tynecastle Hwy, turn left at the Banner Elk Main Street light and then take the first right onto Klonteska Dr. In about 400 ft, make a right onto Hillcrest Ln. and continue for about 900ft until you see the 248 mailbox on your right. Go up the driveway right past the mailbox with the retaining wall to your right.
School Information
- Elementary School: Banner Elk
- Middle School: Cranberry
- High School: Avery County
Heating & Cooling
- Cooling Type: Central Air, Zoned
- Heating Type: Central, Forced Air, Propane
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Propane
Structural Information
- Construction: Site Built
- Exterior Const.: Log, Stone
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access, Walk-Up Access
- Roof: Architectural Shingle
- Main/1st Level: 1,870 Sq. Ft.
- Year Built: 2000
Lot Features
- Street/Road Desc.: Asphalt, Paved
- Elevation (Approx.): 3500
Disclosures and Reports
- Special Conditions: Subject to Lease
- Property ID: 18591721326900000
- Lot Number: 478/222
Listed by Keller Williams High Country
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Schools
Schools serving 248 Hillcrest Ln
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 1.4 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 6-8 | 5.3 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 248 Hillcrest Ln
Date
Details
Price
Change
Source
4/29/2026
Listed
$975,000
136.65%
MLS
8/30/2013
Sold
$412,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 248 Hillcrest Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,561
—
$530,300
—
2024
$4,561
115%
$530,300
—
2023
$2,121
—
$530,300
—
2022
$2,121
-2%
$530,300
35%
2021
$2,159
-50%
$392,600
—
2019
$4,358
1%
$392,600
—
2018
$4,319
-6%
$392,600
-4%
2017
$4,607
153%
$407,700
—
2016
$1,823
—
$407,700
—
2015
$1,823
-14%
$407,700
—
2014
$2,124
37%
$407,700
6%
2013
$1,555
—
$384,000
—
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 248 Hillcrest Ln
248 Hillcrest Lane, Banner Elk, NC 28604 (MLS# 4375067) is a Single Family property with 4 bedrooms and 4 full bathrooms. 248 Hillcrest Lane is currently listed for $975,000 and was received on April 29, 2026. Want to learn more about 248 Hillcrest 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.

