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Contingent
$1,299,000 Est. $8,951/mo — Get pre-qualified
3beds 3baths 4,398sq ft 4acres

165 Leighway Lane · Banner Elk, NC 28604

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Just 15 minutes from downtown Boone, this spacious modern mountain home offers the rare combination of privacy, usable land, mountain views, and convenient access to some of the High Country’s most beloved destinations. With 4 sleeping spaces, 3 bathrooms, approximately 4,398 square feet, multiple gathering spaces, and a flexible layout, there is room here for family, friends, and guests to spread out and enjoy mountain living in beautiful Watauga County.
Tucked away at the end of a tree-lined lane, the property feels wonderfully removed while remaining just 1.5 miles from the iconic Mast General Store and Valle Crucis Community Park, only half a mile from Watauga River access, and 20 minutes to downtown Banner Elk. Colorful sunset mountain views, a beautiful trickling stream, and a gently rolling, partially fenced yard create an inviting outdoor setting with plenty of room for lawn games, evening strolls, winter sledding, gardening, or simply enjoying the wildlife. From the covered front porch, watch deer, fox, and wild turkey wander through the property while taking in the peaceful mountain surroundings.
Inside, the home's generous size and flexible floor plan make it equally well suited for full-time living, a mountain retreat, or an income-producing vacation rental. Two family rooms, each with a gas fireplace, provide comfortable spaces for gathering, while a large upper level living area offers additional flexibility for recreation, hobbies, an office, or overflow sleeping. Four separate sleeping areas comfortably accommodate at least eight guests, with the potential to sleep 12 or more by adding built-in bunks in the spacious upper-level bedroom.
The home has also been thoughtfully renovated and updated throughout, allowing the next owner to enjoy the character and setting of a Valle Crucis mountain property with major improvements already completed. Recent updates include a new roof on both the home and workshop and fresh exterior paint, completed in June 2026, as well as three fully renovated bathrooms, an updated kitchen, and numerous additional improvements throughout the home. A complete list of renovations and improvements is available in the attached documents.
The updated kitchen offers a warm and welcoming space for everything from quiet mornings to holiday gatherings, while the beautifully renovated bathrooms bring a fresh, modern feel. Throughout the home, thoughtful finishes and comfortable gathering spaces complement the natural beauty of the property.
Whether you're looking for a place to put down roots, a peaceful mountain escape, or a property with strong investment potential, this Valle Crucis property offers an exceptional opportunity to enjoy 4 acres, generous living space, beautiful natural surroundings, and a location that puts the best of the High Country within easy reach.
List of items that convey available upon request.
Seller is a licensed NC Realtor.
Please note: The home cannot be seen from the main road. Feel free to drive down Leighway Ln. to take a look. There is plenty of room to turn around.

Features & Amenities

Living Area4,398 Sq.Ft.
Bedrooms3
Baths3
Fireplace2
Virtual TourOpen Virtual Tour
Year Built2004
StatusContingent
Lot Size4 Acres
CountyWatauga
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market70
Last UpdatedOct 7, 2026
HOANo
ElementaryValle Crucis Elementary School
MiddleUnknown Middle School
HighWatauga 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.

Pricing History

DateEventPriceChange
Oct 7, 2026 Price Reduced $1,350,000 → $1,299,000 ▾ $51,000 (3.8%)
Jul 29, 2026 Price Change $1,600,000 —
Aug 6, 2026 Price Change $1,450,000 9

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: Oct 7, 2026