337 Balsam Lane, Banner Elk, NC 28604 - Photo 1

1/1

$780,000

Sold
Closed
Single Family
5 Beds
3 Full Baths
4,877 Sq. Ft.
1.87 Acres
1 Car Garage

1/1

Property Description

This beautiful and meticulously maintained home is located in the town limits of Banner Elk with easy access to the Banner Elk Park and the downtown area. The main level offers first floor living with two bedrooms and a full bath, plus a large primary suite featuring a walk-in closet, separate vanity and shower area, a den, and fabulous deck access with a great view of Beech Mountain. A formal dining room, spacious living room, partially vaulted ceilings, a kitchen with cherry cabinets, new appliances, granite countertops, a built-in desk, and laundry area complete the main floor. A convenient two car garage is also located on this level. The finished basement provides two additional bedrooms or office space, a full bath, an extra flex space, a large storage area, and a one car garage with a separate entrance. In total, the home offers five spacious bedrooms, multiple entertainment areas, and abundant closet and storage space throughout. Recent updates include a new roof (2021), new HVAC system, new kitchen appliances, new carpet and hardwood floors, new window treatments and more. The property has been thoughtfully maintained inside and out, with a beautifully landscaped and manicured 1.87 acre corner lot. Fabulous views can be enjoyed from the living room, kitchen, dining room, and primary bedroom. The setting is excellent for mornings with coffee on the porch while taking in the mountains or evening drinks by the firepit. Located a short distance from the village of Banner Elk, this home is only minutes to both Sugar Mountain and Beech Mountain ski resorts. With its prime location, generous layout, and significant updates already in place, this property offers an excellent opportunity for buyers to add their own personal touch and create their personalized mountain retreat.

Full Property Details

Full Property Details for 337 Balsam Ln

General

Sold For: $780,000
Taxes: $4,468
Status: Closed
Type: Single Family
Source: 2217
MLS ID: 258340
Added to Site: 107 day(s) ago

Interior

Interior Features: Pull Down Attic Stairs, Skylights
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): One, Gas, Stone, Vented, Propane
Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: Washer Hookup, Dryer Hookup, Main Level

Exterior

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

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Basement, Driveway, Garage, One Car Garage, Two 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

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, 1 Unit
Heating Type: Baseboard, 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: Traditional
Detached/Attached: Detached
Construction: Vinyl Siding, Wood Frame
Basement: Yes
Basement Desc.: Exterior Entry, Finished, Interior Entry
Roof: Asphalt, Shingle
Windows: Skylight(s)
Stories/Levels: 2
Square Feet: 4,877
Living Area: 3,470 Sq. Ft.
Finished Total: 3,470 Sq. Ft.
Finished Above Grnd: 2,195 Sq. Ft.
Finished Below Grnd: 1,275 Sq. Ft.
Year Built: 2001

Lot Features

Property View: Long Range, Mountain(s), Seasonal View
Lot Size (Acres): 1.87
Lot Size: 1.87
Road Maintenance: Public Maintained Road
Zoning: Residential
Fencing (Description): Partial

Financial Considerations

Tax Amount: $4,468.36
Terms: Cash, Conventional, New Loan, VA Loan

Disclosures and Reports

Property ID: 1859-19-50-5775

Listed by Blue Ridge Realty & Inv. Boone
Sold by Premier Sotheby's International Realty- Banner Elk

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Listing agent

— 337 Balsam Ln —

Blue Ridge Realty & Inv. Boone

(828) 263-8711

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Schools

Schools serving 337 Balsam Ln

School District:Avery County Schools

Name	Grades	Distance
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604	PK-5	1 mi
Avery Middle 102 Old Montezuma Road, Newland, NC 28657	6-8	7.4 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 337 Balsam Ln

Date

Details

Price

Change

Source

12/18/2025

Sold

$780,000

-8.13%

MLS

10/29/2025

Price Reduced

$849,000

-10.54%

MLS

10/15/2025

Price Reduced

$949,000

-0.11%

MLS

10/03/2025

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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337 Balsam Lane, Banner Elk, NC 28604 (MLS# 258340) is a Single Family property that was sold at $780,000 on December 18, 2025. Want to learn more about 337 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.

337 Balsam Ln Banner Elk, NC 28604