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$649,500
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Property Description
BIG $30,000. PRICE REDUCTION!! THIS VERY FAVORABLY LOCATED 3 BEDROOM, 2 BATH MOUNTAIN RANCH STYLE HOME WITH CONVENIENT ONE LEVEL LIVING IS A SHORT WALK TO EVERYTHING IN BANNER ELK! ALL DOWNTOWN AMENITIES INCLUDING DINING,SHOPPING, ENTERTAINMENT, TOWN PARK AND GREENWAY TRAILS, CHURCHES, LEES-McRAE COLLEGE AND ALL THAT BANNER ELK HAS TO OFFER IS EASILY ACCESSABLE. BIG STONE AND MASONRY FIREPLACE IS CAPABLE OF BURNING WOOD, BUT CURRENTLY HAS VERY CONVENIENT GAS LOGS INSTALLED! THE PAVED DRIVEWAY LEADS RIGHT INTO THE BIG, ATTACHED 2-CAR GARAGE. THIS PROPERTY WOULD BE A GREAT INVESTMENT, RENTAL PROPERTY OR A COMFORTABLE PRIMARY RESIDENCE! VERY FEW SINGLE FAMILY RESIDENTIAL PROPERTIES IN THIS PRICE RANGE ARE AVAILABLE IN BANNER ELK, ESPECIALLY ONES WITH NO POA DUES TO PAY!! MOTIVATED SELLER!! EASY TO SHOW!!
Full Property Details
Full Property Details for 281 Old Turnpike Rd E
General
- Price: $649,500
- Taxes: $2,356
- Status: Active
- Type: Single Family
- Source: 2217
- MLS ID: 259215
- Updated: 4/8/2026
- Added to Site: 140 day(s) ago
Interior
- Interior Features: Attic, Skylights, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One, Gas, Stone, Wood Burning, Propane
- Appliances: Dishwasher, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Exterior
- Exterior Features: Paved Driveway
- Porch/Patio/Deck: Covered, Multiple, Open
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Asphalt, Attached, Driveway, Garage, Two Car Garage, Paved, Private
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: Sugar Tree Estates
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Electric, Fireplace(s), Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available
Structural Information
- Architectural Style: Mountain, Ranch
- Detached/Attached: Detached
- Construction: Stucco, Wood Siding, Wood Frame
- Basement Desc.: Crawl Space
- Roof: Asphalt, Shingle
- Windows: Skylight(s)
- Stories/Levels: 1
- Square Feet: 1,664
- Living Area: 1,664 Sq. Ft.
- Finished Total: 1,664 Sq. Ft.
- Finished Above Grnd: 1,664 Sq. Ft.
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.24
- Lot Size: .24
- Road Maintenance: Public Maintained Road
- Zoning: R-1-U, Residential
Financial Considerations
- Tax Amount: $2,356
- Terms: Cash, New Loan
Disclosures and Reports
- Property ID: 185918413717
Listed by Banner Elk Realty
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Schools
Schools serving 281 Old Turnpike Rd E
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 1.3 mi |
Avery Middle 102 Old Montezuma Road, Newland, NC 28657 | 6-8 | 7.4 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 281 Old Turnpike Rd E
Date
Details
Price
Change
Source
4/08/2026
Price Reduced
$649,500
-4.42%
MLS
11/28/2025
Listed
$679,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 281 Old Turnpike Rd E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,356
—
$273,900
—
2024
$2,356
115%
$273,900
—
2023
$1,096
—
$273,900
—
2022
$1,096
12%
$273,900
54%
2021
$978
-50%
$177,900
—
2019
$1,975
1%
$177,900
—
2018
$1,957
-7%
$177,900
-5%
2017
$2,112
153%
$186,900
—
2016
$836
—
$186,900
—
2015
$836
-14%
$186,900
—
2014
$974
9%
$186,900
-15%
2013
$895
—
$220,900
—
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 281 Old Turnpike Rd E
281 Old Turnpike Rd. East, Banner Elk, NC 28604 (MLS# 259215) is a Single Family property with 3 bedrooms and 2 full bathrooms. 281 Old Turnpike Rd. East is currently listed for $649,500 and was received on November 28, 2025. Want to learn more about 281 Old Turnpike Rd. East? 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.

