;

337 Balsam Lane, Banner Elk, NC 28604

$780,000
5
BD
3
BA
3,470
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$780,000
List Price
$849,000
Days on Market
39
Closing Date
Dec 18, 2025
Status
CLOSED
Type
Single Family Residential
MLS#
258340
County
Avery
City
Banner Elk
Bedrooms
5
Full Bathrooms
3
Total Heated Sq/Ft
3,470
Abv/Grade Htd Sq/Ft
2195
Blw/Grade Htd Sq/Ft
1275
Acres
1.87
Year Built
2001
County Parcel Number
1859-19-50-5775
Annual Taxes
$4,468
Deed Book/Page
549/442
Latitude
36.164204
Longitude
-81.860613

Property Description

This beautiful and meticulously maintained home is located in the town limits of Banner Elk with easy access to the Banner Elk Park and the downtown area. The main level offers first floor living with two bedrooms and a full bath, plus a large primary suite featuring a walk-in closet, separate vanity and shower area, a den, and fabulous deck access with a great view of Beech Mountain. A formal dining room, spacious living room, partially vaulted ceilings, a kitchen with cherry cabinets, new appliances, granite countertops, a built-in desk, and laundry area complete the main floor. A convenient two car garage is also located on this level. The finished basement provides two additional bedrooms or office space, a full bath, an extra flex space, a large storage area, and a one car garage with a separate entrance. In total, the home offers five spacious bedrooms, multiple entertainment areas, and abundant closet and storage space throughout. Recent updates include a new roof (2021), new HVAC system, new kitchen appliances, new carpet and hardwood floors, new window treatments and more. The property has been thoughtfully maintained inside and out, with a beautifully landscaped and manicured 1.87 acre corner lot. Fabulous views can be enjoyed from the living room, kitchen, dining room, and primary bedroom. The setting is excellent for mornings with coffee on the porch while taking in the mountains or evening drinks by the firepit. Located a short distance from the village of Banner Elk, this home is only minutes to both Sugar Mountain and Beech Mountain ski resorts. With its prime location, generous layout, and significant updates already in place, this property offers an excellent opportunity for buyers to add their own personal touch and create their personalized mountain retreat.

Additional Information

Exterior Amenities
Fence, Gravel Driveway
Interior Amenities
Pull Down Attic Stairs, Skylights
Appliances
Double Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
Basement
Exterior Entry, Finished, Interior Entry
Fireplace
One, Gas, Stone, Vented, Propane
Garage Y/N
Yes
Garage Spaces
1
Heating
Baseboard, Electric, Fireplace(s), Heat Pump
Road
Paved
Roof
Asphalt, Shingle
Elementary School
Banner Elk
High School
Avery County
Sewer/Septic
Public Sewer
Style
Traditional
Windows
Skylight(s)
View
Long Range, Mountain(s), Seasonal View
Water Source
Public
Zoning
Residential
Construction Type
Vinyl Siding, Wood Frame
Cooling
Yes
Cooling Type
Central Air, 1 Unit
Foundation
Basement, Slab
Laundry
Washer Hookup, Dryer Hookup, Main Level
Levels
Two
Patio / Porch
Open
Road Maintenance Type
Public Maintained Road
Road Surface Type
Paved
Parking Features
Basement, Driveway, Garage, One Car Garage, Two Car Garage, Gravel, Private
Utilities
Cable Available, High Speed Internet Available

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

This Listing is courtesy of Hope Caroselli with Blue Ridge Realty & Inv. Boone. (828) 263-8711

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.”