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Active
$749,000 Est. $5,161/mo — Get pre-qualified
7beds 4.5baths 3,841sq ft 0.34acres

625 E. Old Turnpike Road · Banner Elk, NC 28604

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Exceptional Downtown Banner Elk Opportunity! Located within the city limits of Banner Elk, this spacious SEVEN bedroom, four and a half bath mountain home offers unbeatable combination of character, convenience and investment potential. Banner Elk is known for its walkable downtown, dining, shopping and lively events, making this location especially appealing for both full-time living and vacation rental use. Inside the home there is a floor to ceiling real rock wood burning fireplace as well as another impressive stone wall with a flue for a Jotul wood stove that creates an inviting gathering space outside of the kitchen. With 7 bedrooms and 4.5 baths, there is plenty of room for family, friends or vacation guests. Outdoor living is also appealing with 2 large decks. There is a lower level under the basement that has been previously used as a workshop. Great space! The basement level can be accessed from outside and could be a separate 3 bedroom apartment. There with an old kitchenette in place so the kitchen fundamentals are there. City water and sewer. One of the greatest features of this home is the location!! You can easily walk to town to enjoy local events, restaurants, shops and even breweries. This home is a rare combination of space, character and convenience in the heart of Banner Elk.

Features & Amenities

Living Area3,841 Sq.Ft.
Bedrooms7
Baths4.5
Fireplace2
Year Built1985
StatusActive
Lot Size0.34 Acres
SubdivisionBeacon Hills Estates
CountyAvery
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market40
Last UpdatedOct 6, 2026
HOANo
ElementaryBanner Elk Elementary School
MiddleAvery Middle School
HighAvery County High School
Presented By: The Summit Group Of The Carolinas; 828.898.3500; summitgroup@skybest.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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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 6, 2026