340 Balsam Lane, Banner Elk, NC 28604
- $484,000
- 2
- BD
- 2
- BA
- 1,420
- SqFt
- Sold Price
- $484,000
- List Price
- $498,000
- Days on Market
- 30
- Closing Date
- Jul 17, 2026
- Status
- CLOSED
- Available to Show
- 2026-05-22 00:00:00
- Type
- Single Family Residential
- MLS#
- 261998
- County
- Avery
- City
- Banner Elk
- Bedrooms
- 2
- Full Bathrooms
- 2
- Total Heated Sq/Ft
- 1,420
- Abv/Grade Htd Sq/Ft
- 1420
- Acres
- 0.93
- Year Built
- 1996
- County Parcel Number
- 1859-19-50-6574-00000
- Annual Taxes
- $1,224
- Deed Book/Page
- 562/766
- Latitude
- 36.163712
- Longitude
- -81.860476
Property Description
OPPORTUNITY!!!! plus LOCATION, LOCATION, LOCATION! Walk along the Green-way to downtown Banner Elk’s charming restaurants, shops, breweries, parks, and year-round events, while still offering the peaceful feel of a mountain retreat. Welcome to “A-Frame of Mind” — affectionately known by guests as Banner Elk’s Favorite Little Cabin in the Trees! This charming and highly successful short-term rental is now ready for its next owner. Whether you’re searching for a mountain getaway, investment property, or both, this every box. Situated on just under an acre, this 2-bedroom, 2-bath cabin offers approximately 1,402 sq ft of warm and inviting living space, plus a full unfinished basement already stubbed and ready for future expansion. The lower level also includes a one-car garage, abundant storage space, laundry room, and washer/dryer. The main level features an open and spacious living, dining, and kitchen area centered around a stunning wood-burning fireplace. It is truly the perfect gathering spot after a day in the mountains. Step outside onto the deck to enjoy your morning coffee or evening refreshments while dinner sizzles on the grill surrounded by peaceful wooded views. The large primary suite is conveniently located on the main level and includes a walk-in closet, owner’s lockout closet, and spacious en suite bath with double vanities and over sized shower. Just off the primary bedroom is a second deck for reading, relaxing, or simply soaking in the mountain air. Upstairs, you’ll find a loft overlooking the living room below for additional sleeping space, kids’ hangout, or home office . The upstairs also features a second bedroom, walk-in closet, and full bath. *This property is being sold fully furnished and stocked with every essential. It is turnkey ready for your next getaway or to begin hosting your rental guests.
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Additional Information
- Appliances
- Dishwasher, Electric Cooktop, Electric Water Heater, Disposal
- Basement
- Full
- Fireplace
- Wood Burning
- Garage Y/N
- Yes
- Garage Spaces
- 1
- Heating
- Baseboard, Ductless, Electric
- Road
- Gravel
- Roof
- Architectural, Shingle
- Elementary School
- Banner Elk
- High School
- Avery County
- Sewer/Septic
- Public Sewer
- Style
- A-Frame, Mountain
- Water Source
- Public
- Construction Type
- Log Siding, Wood Siding, Wood Frame
- Cooling
- Yes
- Cooling Type
- Ductless, 1 Unit
- Laundry
- In Basement
- Levels
- Two
- Road Maintenance Type
- Public Maintained Road
- Road Surface Type
- Gravel
- Parking Features
- Basement, Garage, One Car Garage
- Utilities
- High Speed Internet Available
Mortgage Calculator
This Listing is courtesy of Thomas Golder with Claybank Investors. (704) 341-1556
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.”