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7 Beds
5 Baths
3,841 sqft

$749,000

625 E. Old Turnpike Road, Banner Elk NC, 28604

Price per sqft$195.00
Built in1985
Property size3,841 sqft
Property typeResidential
Listing Courtesy of The Summit Group Of The Carolinas

Overview

Active

Listed Aug 28, 2026

Updated 7 days ago

Exceptional Downtown Banner Elk Opportunity! Located within the city limits of Banner Elk, this spacious SEVEN bedroom, four and a half bath mountain home offers unbeatable combination of character, convenience and investment potential. Banner Elk is known for its walkable downtown, dining, shopping and lively events, making this location especially appealing for both full-time living and vacation rental use. Inside the home there is a floor to ceiling real rock wood burning fireplace as well as another impressive stone wall with a flue for a Jotul wood stove that creates an inviting gathering space outside of the kitchen. With 7 bedrooms and 4.5 baths, there is plenty of room for family, friends or vacation guests. Outdoor living is also appealing with 2 large decks. There is a lower level under the basement that has been previously used as a workshop. Great space! The basement level can be accessed from outside and could be a separate 3 bedroom apartment. There with an old kitchenette in place so the kitchen fundamentals are there. City water and sewer. One of the greatest features of this home is the location!! You can easily walk to town to enjoy local events, restaurants, shops and even breweries. This home is a rare combination of space, character and convenience in the heart of Banner Elk.

$4,983/mo

Est. mortgage payment based on a $749,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
263994

Interior Features

Bedrooms
7
Bathrooms
5
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Taxes
$3,597
Tax Frequency
Annually
View
Yes

 

The information from this search is provided by the High Country Association of REALTORS, Inc. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. This data is up-to-date as of 4:08 AM UTC 10/7/2026. For the most current information please contact Sheena Shaw at [email protected].

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