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$379,000
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Property Description
Charming 2 BR / 2 BA mountain home located just a few miles outside of Banner Elk, NC. This fully-furnished jewel is a current successful short-term rental sitting on approx 5 acres of hillside. Inside you are greeted with a nice living area with a kitchen and two good size bedrooms. Downstairs is where the fun happens with a pool table for your guests enjoyment. Outside you can enjoy the porches as well as the outdoor landscape with nature or enjoy a fire at the large firepit area. To maximize short term rental income you can convert the current game room to another bedroom and the one car garage into a large game room area.
Full Property Details
Full Property Details for 5349 Hickory Nut Gap Rd
General
- Price: $379,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4302804
- Updated: 12/27/2025
- Added to Site: 113 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Propane, Propane
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Washer/Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Lower Level
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Circular Driveway, Driveway
Location
- County: Avery
- Driving Directions: From Banner Elk, NC Take Tynecastle Hwy towards Sugar Mountain for 1/2 mile and turn right onto Hickory Nut Gap Rd. Follow for about 3 miles and the home is on the right. Please note that Google Maps will try to take you to Newland, NC which is incorrect.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Cable Connected, Wired Internet Available
Structural Information
- Construction: Site Built
- Exterior Const.: Wood
- Roof: Metal
- Lower: 810 Sq. Ft.
- Main/1st Level: 405 Sq. Ft.
- Year Built: 1980
Lot Features
- Street/Road Desc.: Gravel
- Elevation (Approx.): 4000
- Lot Features: Sloped
Financial Considerations
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Property ID: 1848-00-40-0468
- Lot Number: 579/248
Listed by EXP Realty LLC
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Schools
Schools serving 5349 Hickory Nut Gap Rd
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 2.5 mi |
Avery Middle 102 Old Montezuma Road, Newland, NC 28657 | 6-8 | 4.7 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 5349 Hickory Nut Gap Rd
Date
Details
Price
Change
Source
12/27/2025
Price Reduced
$379,000
-1.3%
MLS
10/28/2025
Price Reduced
$384,000
-1.29%
MLS
9/26/2025
Listed
$389,000
2.64%
MLS
7/01/2022
Sold
$379,000
—
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 5349 Hickory Nut Gap Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$761
—
$190,300
—
2024
$761
—
$190,300
—
2023
$761
—
$190,300
—
2022
$761
11%
$190,300
53%
2021
$684
—
$124,400
—
2019
$684
—
$124,400
—
2018
$684
4%
$124,400
4%
2017
$657
23%
$119,500
—
2016
$534
—
$119,500
—
2015
$534
-14%
$119,500
—
2014
$623
16%
$119,500
-10%
2013
$536
—
$132,400
—
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 5349 Hickory Nut Gap Rd
5349 Hickory Nut Gap Road, Banner Elk, NC 28604 (MLS# 4302804) is a Single Family property with 2 bedrooms and 2 full bathrooms. 5349 Hickory Nut Gap Road is currently listed for $379,000 and was received on September 26, 2025. Want to learn more about 5349 Hickory Nut Gap 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.

