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Contingent
$649,000 Est. $4,472/mo — Get pre-qualified
2beds 2baths 1,869sq ft 0.26acres

317 Silver Springs Drive A · Banner Elk, NC 28604

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A luxury Banner Elk townhome with a GARAGE! 2 bedroom, 2 bath, mostly finished basement (just needs a mini-split) and one car garage with great year round access and in the quiet, upscale neighborhood of Silver Springs Farms! You will enjoy the space from neighbors with the 2 townhomes on each end with one car garages in the middle! No one above or below. Home features a large kitchen, dining room, tongue-in groove wood ceiling and stone fireplace in the great room, a covered deck, large upstairs loft and second bedroom/bath. Newer kitchen appliances and hot water heater (2021). Gorgeous luxury vinyl plank flooring, leathered kitchen granite counters and primary bath quartz counters. Enjoy the tranquil garden area! You don't have to worry about vacation renters coming and going with the minimum rental being one year and one day! City water, city sewer and city maintained road. Cable TV, satellite and high speed internet available. A radon mitigation system is installed. Buyer pays a $550 capital contribution to the Association at closing. Sold unfurnished. Elevation just over 3,500 feet. Natural gas to the home; no tank and no worries about running short of fuel. A wonderful buy within Town limits! Your place in the mountains! Central location to all that is offered in the Banner Elk/Beech and Sugar Mountain area! Banner Elk and vicinity is noted for fine dining, summer concerts, summer theater at Lees-McRae College, Grandfather Mountain State Park, Blue Ridge Parkway, hiking, skiing and other outdoor recreation! Seller needs a closing not before October 31 to accommodate a move. The shared driveway is with the other townhome unit. Sold unfurnished. There was a first level toilet leak a few years ago that was mitigated by a professional restoration company. Water was on the main level and down to the basement. Adding a mini-split in the basement (drainage and electrical in place) would add approximately 900 heated square footage and provide a third living area.

Features & Amenities

Living Area1,869 Sq.Ft.
Bedrooms2
Baths2
FireplaceYes
Year Built2005
StatusContingent
Lot Size0.26 Acres
SubdivisionSilver Springs Farm
CountyAvery
Property TypeResidential
Property SubTypeTownhouse
Days on Market7
Last UpdatedSep 2, 2026
HOAYes — $1 / year
ElementaryBanner Elk Elementary School
MiddleUnknown Middle School
HighAvery County High School
Presented By: Blue Ridge Realty & Inv. - Banner Elk; info@brri.net

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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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 2, 2026