257 Banner Rd, Banner Elk, NC 28604 - Photo 1

1/1

$382,250

Sold
Closed
Single Family
3 Beds
1 Full Bath
1 Partial Bath
1,993 Sq. Ft.
0.31 Acres
1 Car Garage

1/1

Property Description

BIG $40,000 PRICE REDUCTION!!! THIS HOUSE HAS SEEN MUCH OF BANNER ELK'S HISTORY! TAX OFFICE NOTES HOUSE WAS BUILT IN 1924, BUT MANY IN BANNER ELK BELIEVE THE ORIGINAL STRUCTURE WAS BUILT BEFORE 1900. HOUSE SQUARE FOOTAGE IS LISTED AT 1,097; BUT BECAUSE 2ND FLOOR BEDROOMS HAVE A CEILING HEIGHT A LITTLE LESS THAN 7 FEET, 512 SQUARE FEET CAN'T BE ADVERTISED. GREAT LOCATION IN TOWN, WALKING DISTANCE TO EVERYTHING; SHOPPING, DINING, ENTERTAINMENT, TOWN PARK AND GREENWAY TRAILS, LEES-McRAE COLLEGE, CHURCHES AND ALL BANNER ELK HAS TO OFFER! NEW ROOF WAS PUT ON 2 YEARS AGO. HOUSE NEEDS PLENTY OF TLC TO BRING IT BACK TO ITS FORMER SELF AS THE OWNER HAS NOT LIVED IN THE HOUSE FOR OVER 2 YEARS. IT COULD BE A WONDERFUL RENTAL PROPERTY OR PRIMARY RESIDENCE! THIS ONE IS A MUST SEE FOR HISTORY BUFFS AND/OR YOUR IN-TOWN BUYERS! MOTIVATED SELLER!!!

Full Property Details

Full Property Details for 257 Banner Rd

General

Sold For: $382,250
Taxes: $2,051
Status: Closed
Type: Single Family
Source: 2217
MLS ID: 257533
Added to Site: 152 day(s) ago

Interior

Interior Features: Attic, Window Treatments
Fireplace: Yes
Fireplace(s): Masonry, Wood Burning
Appliances: Dryer, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Washer Hookup, Dryer Hookup, Main Level

Exterior

Exterior Features: Gravel Driveway
Porch/Patio/Deck: Open

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Driveway, Detached, Garage, One Car Garage, Gravel, Private

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

Cooling Type: None
Heating Type: Electric, Fireplace(s), Radiant, Space Heater, Wall Furnace

Utilities

Sewer: Public Sewer
Water: Public
Cable Available: Yes
Utility Description: Cable Available, High Speed Internet Available

Structural Information

Architectural Style: Mountain
Detached/Attached: Detached
Construction: Asbestos, Shake Siding, Wood Siding, Wood Frame
Basement: Yes
Basement Desc.: Crawl Space, Exterior Entry, Partial, Unfinished
Roof: Asphalt, Shingle
Windows: Double Hung, Single Pane, Wood Frames, Window Treatments
Stories/Levels: 2
Square Feet: 1,993
Living Area: 1,097 Sq. Ft.
Finished Total: 1,097 Sq. Ft.
Finished Above Grnd: 1,097 Sq. Ft.
Year Built: 1924

Lot Features

Lot Size (Acres): 0.31
Lot Size: .31
Road Maintenance: Public Maintained Road
Zoning: R2

Financial Considerations

Tax Amount: $2,051
Terms: Cash, New Loan

Disclosures and Reports

Property ID: 185805292635

Listed by Banner Elk Realty
Sold by RE/MAX Realty Group

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Listing agent

— 257 Banner Rd —

Banner Elk Realty

(828) 898-9756

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Schools

Schools serving 257 Banner Rd

School District:Avery County Schools

Name	Grades	Distance
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604	PK-5	1.1 mi
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622	6-8	5.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 257 Banner Rd

Date

Details

Price

Change

Source

12/17/2025

Sold

$382,250

-1.86%

MLS

9/10/2025

Price Reduced

$389,500

-9.31%

MLS

8/18/2025

Listed

$429,500

—

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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257 Banner Rd, Banner Elk, NC 28604 (MLS# 257533) is a Single Family property that was sold at $382,250 on December 17, 2025. Want to learn more about 257 Banner Rd? 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.

257 Banner Rd Banner Elk, NC 28604