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Active
$574,000 Est. $3,955/mo — Get pre-qualified
2beds 2.5baths 1,511sq ft 0.05acres

116 Shanty Ridge Lane A · Banner Elk, NC 28604

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Nestled in the heart of the Blue Ridge Mountains at the base of majestic Grandfather Mountain, this beautifully remodeled townhome offers exceptional mountain living on a quiet cul-de-sac surrounded by the peace and charm of a beautifully established neighborhood. Perched safely well above the flood zone, the property overlooks the spectacular Watauga River, offering a serene lifestyle centered on relaxation and natural beauty. Unwind on the expansive back deck, accessible from both the primary bedroom and the spacious living room, and take in the tranquil sounds of the river flowing below amidst the surrounding woods. Inside, an open-concept layout defined by soaring cathedral ceilings, a cozy gas fireplace, and custom built-in bookcases creates a warm and sophisticated atmosphere, highlighted by exquisite wood inlay detailing in the flooring and fine finishes throughout. The fantastic kitchen features granite countertops, a sleek slide-in range, and seamless flow into the main living spaces, perfect for effortless entertaining. Upstairs, a versatile second level hosts a private guest bedroom and full bath, while a convenient one-car garage adds everyday functionality. A charming covered entrance overlooks a picturesque pond adjacent to the property, while stone steps lead gently down into the backyard. Perfectly combining luxury, location, and the soothing rhythm of riverfront mountain living, this remarkable residence is a rare find.

Features & Amenities

Living Area1,511 Sq.Ft.
Bedrooms2
Baths2.5
FireplaceYes
Virtual TourOpen Virtual Tour
Year Built1998
StatusActive
Lot Size0.05 Acres
SubdivisionGlens Of Grandfather
CountyAvery
Property TypeResidential
Property SubTypeTownhouse
Days on Market12
Last UpdatedSep 17, 2026
HOAYes — $1 / year
ElementaryBanner Elk Elementary School
MiddleUnknown Middle School
HighAvery County High School
Presented By: Keller Williams High Country; klrw1164@kw.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.

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 17, 2026