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Elegant Mountain Retreat with Proven Investment Performance. Set on a scenic, park-like parcel on Sugar Mountain, this five-bedroom, four-and-one-half-bath residence delivers an elevated mountain lifestyle. The expansive great room features cathedral ceilings, a central fireplace, and soaring windows that frame the serene wooded backdrop. An open-concept kitchen flows seamlessly into the dining area"”ideal for hosting. The lower level offers a spacious den and bunk room combination alongside a substantial recreation space currently configured with a pool table, foosball, ping pong, lounge seating, and a bar area. Ample storage enhances functionality. Outdoor living includes a covered deck with hot tub, a front patio, a fire pit, and a generous yard enveloped in nature. A detached, oversized two-car garage and a wraparound paved driveway provide added convenience. Minutes from Sugar Mountain Resort and Banner Elk, the property offers easy access to skiing, golf, tennis, hiking, and local dining and retail. Governed by the NC Vacation Rental Act the home boasts a successful rental history. Recent upgrades include a seven-bedroom septic system (2020), a new water line (2025), water heater, refrigerator, carpet, flooring, lighting, kitchen and bath improvements, and updated furnishings. Offered furnished with limited exclusions. Note: A discrepancy exists between the tax card and professional measurements. Paneling replaced and painted from storm and refrigerator- Necessary repairs completed. Pending Items: Green storage area in basement- old water stains to be professionally cleaned/ repainted (Necessary exterior water intrusion repairs completed). There will be a new propane heater in the game room. Sliding door in basement/windows (broken seals) in the great room to be replaced. Landscaper to pressure wash the lower patio, re-set bricks, and remove/trim back the bushes (off the sliding door room). See Improvement/Repair List.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/18/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1990 |
| COMMUNITY | 8-Banner Elk | GARAGE SPACES | 2.0 |
| COUNTY | Avery | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Partially Finished, Walk-Out Access, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| EXTERIOR | Fire Pit |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Propane |
| INTERIOR | High Speed Internet, Vaulted Ceiling(s), Wet Bar |
| LOT | 1.08 acre(s) |
| PARKING | Detached, Garage, Oversized |
| STORIES | 3+ |
| STYLE | Mountain |
| SUBDIVISION | None |
| TAXES | 4591.35 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Sarah Whitfield, Premier Sotheby's International Realty- Banner Elk, (828) 260-2929
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