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115 Balsam Lane, Banner Elk, NC 28604 CONTINGENT 1 of 39 115 Balsam Lane, Banner Elk, NC 28604 — photo 2 115 Balsam Lane, Banner Elk, NC 28604 — photo 3 115 Balsam Lane, Banner Elk, NC 28604 — photo 4 115 Balsam Lane, Banner Elk, NC 28604 — photo 5
1 of 39
Contingent
$895,000 Est. $6,167/mo — Get pre-qualified
3beds 3baths 1,872sq ft 1.46acres

115 Balsam Lane · Banner Elk, NC 28604

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This is a rare opportunity in downtown Banner Elk. This newly renovated, one level living home on a flat lot was previously occupied by just one family for 65 years. The three-bedroom, three-bath home has been completely redone to include a new roof, windows, doors, dual fuel HVAC system, kitchen, bathrooms, floors, two concrete patios, landscaping and a private asphalt driveway. The home sits on 1.46 acres of usable, flat property with 250 feet of frontage on Shawneehaw Creek and within a short distance to the greenway trail connector to take you to Banner Elk Park. The home is located near all the great restaurants, entertainment and events downtown Banner Elk has to offer.

Features & Amenities

Living Area1,872 Sq.Ft.
Bedrooms3
Baths3
FireplaceYes
Year Built1953
StatusContingent
Lot Size1.46 Acres
CountyAvery
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market154
Last UpdatedSep 3, 2026
HOANo
ElementaryBanner Elk Elementary School
MiddleAvery Middle School
HighAvery County High School
Presented By: Premier Sotheby's International Realty- Banner Elk; sarah.whitfield@premiersir.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Sep 3, 2026 Price Reduced $950,000 → $895,000 ▾ $55,000 (5.8%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: Sep 3, 2026