Banner Elk, North Carolina Market Report

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Banner Elk is a bustling Resort community, and is aptly labeled the Ski Capital of the Southeast, situated between the two largest Ski Resorts in NC.  Sugar Mountain Resort and Beech Mountain Resort boast high speed chairs, a variety of terrain, and even a Sky Bar.  They operate throughout the year, offering chair lift rides, hikes, mountain biking, and events.

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2
TBD Stoneybrook #8 Lane N/A N/A N/A $49,900 Unknown
LOT 91 Orchard Lane N/A N/A N/A $49,500 Unknown
LOT 87 Orchard Lane N/A N/A N/A $69,500 Unknown
TBD Summit Forest Way N/A N/A N/A $395,000 Unknown
124 Eagle Park Drive N/A N/A N/A $169,900 Unknown
C84 Smokerise Drive N/A N/A N/A $129,900 Unknown
304 Elk River Parkway 3 5 3,531 $1,295,000 $366
500 Laurel Ridge Lane Unit A1 2 2 1,600 $249,000 $155
210 Sugar Creek Lane Unit 2 2 2 1,044 $94,000 $90
123 Bear Cub Lane 3 3 1,802 $350,000 $194
83 Meadow Avenue 3 2 1,254 $167,300 $133
508 Woodthrush Way 6 8 7,963 $600,000 $75
ES 33 Eagle Feather Trail N/A N/A N/A $269,900 Unknown
490 Clubhouse Drive Unit A-3 3 5 3,082 $775,000 $251
115 Hemlock Place 4 3 2,978 $259,900 $87
Average: 3.3 3.9 3,082 $408,589 $248
Viewing 1 - 15 of 323
Viewing 1 - 15 of 323
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2
24B Pinetop Circle 2 1 864 $75,000 $86
490 Old Turnpike Road 2 1 1,418 $97,000 $68
635 Raven Ridge Road 3 5 3,945 $1,175,610 $298
659 Clubhouse Drive Unit D-3 4 5 2,858 $384,900 $134
30 Crestview Lane 3 4 2,371 $769,000 $324
4608 Hickory Nut Gap Road 3 2 1,368 $149,900 $109
447 Meadow Avenue 3 3 3,707 $495,000 $133
60 Silver Fox Trail 3 3 2,080 $579,000 $278
270 Elk Hill Drive 6 6 3,219 $225,000 $69
270 Elk Hill Drive N/A N/A N/A $225,000 Unknown
357 Dogwood Road 3 3 2,936 $399,900 $136
200 Library 4 3 3,150 $324,900 $103
812 Highland Drive 3 4 2,511 $415,000 $165
901 Clubhouse Drive Unit B-1 2 2 1,532 $325,000 $212
317 Old Turnpike Road 6 7 3,903 $214,500 $54
Average: 3.4 3.5 2,561 $370,856 $155
Viewing 1 - 15 of 16
Viewing 1 - 15 of 16
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 Sold Date
271 Elk Creek Drive Unit B 3 3 1,861 $359,000 $340,000 $182 3/7/19
Tbd Horney Creek Lane N/A N/A N/A $349,000 $300,000 Unknown 2/21/19
218 Elk Hill Drive 2 1 642 $114,000 $111,000 $172 2/8/19
163 Shawneehaw N/A N/A 1,280 $499,000 $375,000 $292 2/4/19
40 Hemlock Hill Unit A 1 1 556 $53,000 $50,000 $89 1/25/19
97 Laurel Ridge Lane 4 5 4,659 $829,000 $705,000 $151 1/15/19
228 Saddle Ridge Lane 4 5 5,462 $1,275,000 $1,050,000 $192 1/15/19
Lot 18 Banner Grande Lane N/A N/A N/A $75,000 $53,000 Unknown 1/8/19
115 Brookview Lane Unit 1 2 2 1,244 $124,000 $115,000 $92 12/31/18
170 Lodge Woods Trail N/A N/A N/A $179,000 $135,000 Unknown 12/28/18
26 Pinetop Unit C 1 1 700 $69,999 $68,000 $97 12/20/18
118 Summit Ledges Lane 4 5 3,610 $849,500 $400,000 $110 12/17/18
425 Adams Apple Drive Unit 1 3 3 1,492 $137,500 $123,500 $82 12/14/18
510 Elderberry Ridge Road 2 2 1,097 $160,000 $160,000 $145 12/7/18
161 Meadows Lane 3 6 5,161 $1,049,000 $600,000 $116 12/6/18
Average: 2.8 3.0 2,289 $362,383 $314,580 $151
Viewing 1 - 15 of 54
Viewing 1 - 15 of 54

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”