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$950,000
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Property Description
Charming Mountain Retreat with Guest Apartment & Breathtaking Views, nestled at the base of Beech Mountain with a coveted Banner Elk address, this inviting mountain home offers the perfect blend of comfort, modern updates, and rustic charm. Just minutes from both Beech Mountain and Sugar Mountain Ski Resorts, the property is ideal for year-round living, a serene vacation home, or a smart investment opportunity. The spacious main residence features an elegant primary suite conveniently located on the main level, complemented by open-concept living spaces that showcase stunning mountain views. Recent updates include all-new flooring throughout the basement and upper levels (2024), a new HVAC system and furnace (installed in December 2024), a brand-new roof (September 2025), and a new refrigerator (2023), ensuring peace of mind and modern convenience. Step outside onto a generous deck, perfect for dining al fresco or simply soaking in the natural beauty that surrounds you. A standout feature is the detached guest apartment offering an additional 617 square feet of living space-not included in the main home's square footage-ideal for hosting visitors, generating rental income, or creating a private office or studio. With two garages, including an oversized one for extra storage or workshop space, and postcard-worthy views of both Grandfather Mountain and Sugar Mountain, this property is a rare find in one of North Carolina's most desirable High Country locations. Don't miss your chance to own this unique, versatile mountain retreat where comfort, convenience, and natural beauty meet. Furnishings negotiable.
Full Property Details
Full Property Details for 555 Highland Dr
General
- Price: $950,000
- Taxes: $2,495
- Status: Active
- Type: Single Family
- Source: 2217
- MLS ID: 258471
- Updated: 10/10/2025
- Added to Site: 103 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One, Gas, Vented, Propane
- Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, In Basement
Exterior
- Exterior Features: Paved Driveway
- Porch/Patio/Deck: Multiple, Open
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Asphalt, Attached, Basement, Driveway, Detached, Garage, Two Car Garage, Oversized, Paved, Private
Location
- Area: 8-Banner Elk
- County: Avery
- Subdivision: The Highlands
School Information
- Elementary School: Banner Elk
- High School: Avery County
Community
- Community Name: 8-Banner Elk
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, 2 Units, Zoned
- Heating Type: Electric, Forced Air, Fireplace(s), Heat Pump, Propane, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cape Cod, Cottage, Mountain
- Detached/Attached: Detached
- Construction: Hardboard, Masonry, Wood Frame
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Roof: Architectural, Shingle
- Windows: Double Pane Windows
- Stories/Levels: 3
- Square Feet: 2,869
- Living Area: 2,813 Sq. Ft.
- Finished Total: 2,813 Sq. Ft.
- Finished Above Grnd: 1,940 Sq. Ft.
- Finished Below Grnd: 873 Sq. Ft.
- Year Built: 2004
Additional Structures
- Other Structures: Guest House, Living Quarters
Lot Features
- Property View: Long Range, Mountain(s)
- Lot Size (Acres): 1.03
- Lot Size: 1.03
- Road Maintenance: Public Maintained Road
Financial Considerations
- Tax Amount: $2,495.46
- Terms: Cash, Conventional, FHA, New Loan, USDA Loan, VA Loan
Disclosures and Reports
- Property ID: 1849-00-82-9055-00000
Listed by Boone Realty
Get Pre-Approved Today
Schools
Schools serving 555 Highland Dr
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 1.9 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 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 555 Highland Dr
Date
Details
Price
Change
Source
10/07/2025
Listed
$950,000
47.29%
MLS
2/25/2022
Sold
$645,000
—
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 555 Highland Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,130
—
$596,500
—
2024
$5,130
115%
$596,500
—
2023
$2,386
—
$596,500
—
2022
$2,386
33%
$596,500
83%
2021
$1,788
-50%
$325,100
—
2019
$3,609
1%
$325,100
—
2018
$3,576
-5%
$325,100
-2%
2017
$3,767
153%
$333,400
—
2016
$1,491
—
$333,400
—
2015
$1,491
-14%
$333,400
—
2014
$1,737
14%
$333,400
-12%
2013
$1,526
—
$376,900
—
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 555 Highland Dr
555 Highland Drive, Banner Elk, NC 28604 (MLS# 258471) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 555 Highland Drive is currently listed for $950,000 and was received on October 07, 2025. Want to learn more about 555 Highland Drive? 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.

