5539 NC 105 Highway, Banner Elk, NC 28604 (MLS # 257629)

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PRICE $224,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 960 sqft
LOT SIZE 1.50 ac

Located directly on NC-105 between Boone and Banner Elk, this 1.5-acre property offers prime visibility and potential for a variety of uses... residential, commercial, or both. The existing 2-bedroom, 1-bath home (approximately 960 sq ft) was originally built in 1963 and will need extensive renovations, but it sits on a valuable stretch of highway frontage with a view of Grandfather Mountain. Use it as a base for a small business, turn it into affordable workforce housing, renovate for a short-term rental, or clear the way for something entirely new. Zoned without restrictions and outside of a POA, short-term rentals are allowed. There's no current water source. A spring was historically shared with a neighbor, but that arrangement is no longer in place, so buyers will need to establish a new one. Whether you're looking to create affordable workforce housing, establish a shop or office with high traffic exposure, or take on a full-scale renovation project, this could be your canvas. With 5-minute access to Sugar Mountain, 10 to Banner Elk, and 15 to Boone, the location speaks for itself. This is a project with vision, upside, and options, so bring your sketch book and imagination!

DAYS ON MARKET 4 LAST UPDATED 8/21/2025
TRACT None YEAR BUILT 1963
COMMUNITY 8-Banner Elk COUNTY Avery
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Banner Elk
High School Avery County


ADDITIONAL DETAILS
AIR None
APPLIANCES Other
AREA 8-Banner Elk
BASEMENT Other, Yes
CONSTRUCTION Other, See Remarks
EXTERIOR Other
HEAT Electric, Wood Stove
LOT 1.5 acre(s)
PARKING Gravel, Driveway, No Garage, Private
STORIES 2
STYLE Other, See Remarks
SUBDIVISION None
TAXES 362.81
VIEW Yes
VIEW DESCRIPTION Mountain(s)
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Andrew Plyler, Blue Ridge Realty & Inv. West Jefferson, 336-489-3042

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