
4584 & 4582 NC Highway 194 S · Banner Elk, NC 28604
The Taylor House Inn ~ an important piece of Valle Crucis history and an iconic High Country property, brimming with storybook-like charm and offering potential for a number of uses. Nestled just down the street from the original Mast General Store and in close proximity to Valle Crucis Park and the Watauga River, this 3.9+ acre property offers a 7-bedroom/7.5-bath main home, 2 bedroom/2 bath guest home, additional guest cottage, storage & multi-use building, and a detached garage on flat, usable yards with wooded acreage behind (trail potential!) & the sites & sounds of Crab Orchard Creek just across the road. The Taylor House or main home, originally built ~1911 by Squire Taylor himself, lies on the National Register of Historic Places. The perfect place for a homestead, family estate/legacy property, turnkey Inn or B&B, commercial office, or more, this property offers easy access year-round on state-maintained roads and level driveway. The large farmhouse front porch of the Taylor House Inn is the perfect place for overlooking the yards and pastoral mountain views. On the main level, find a formal entry/foyer, living room, den/study, formal dining room, commercial kitchen, primary suite, office, and mudroom – just across the stone patio from the ‘Milk House’, an unfinished storage building housing the laundry room. Off the second level landing, find four bedroom/bathroom suites as well as an additional bedroom and full bath. The third level offers a spacious suite with full bath open to a sitting area. The guest home or ‘Red Cottage’ offers living & kitchenette, primary suite with jetted tub/tiled shower, + guest suite. The other guest cottage, or ‘Flower Cottage,’ offers bonus space + full bath - set up as sleeping area. A detached garage sits next to the flat, usable yards that surround the structures. Fully furnished - minor exceptions! Amenities: high-speed internet, security system, gazebo, some original glass windows & tubs (~1911).
Features & Amenities
Location
Property boundary from county GIS
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Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood 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
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 9, 2026 | Price Reduced | $1,350,000 → $1,250,000 | ▾ $100,000 (7.4%) |
| Aug 13, 2025 | Price Change | $1,499,000 | — |
| Mar 17, 2026 | Price Change | $1,399,000 | 7 |
Monthly Cost Estimate
* 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 9, 2026