For sale

$679,500

281 OLD TURNPIKE RD. EAST, Banner Elk, NC 28604

3beds

1,664sqft

Est.:

Single Family Residence

Built in 1992

10,454.4 Square Feet Lot

$642,500 Zestimate^®

$408/sqft

$-- HOA

What's special

Convenient one level livingPaved driveway

THIS VERY FAVORABLY LOCATED 3 BEDROOM, 2 BATH MOUNTAIN RANCH STYLE HOME WITH CONVENIENT ONE LEVEL LIVING IS A SHORT WALK TO EVERYTHING IN BANNER ELK! ALL DOWNTOWN AMENITIES INCLUDING DINING,SHOPPING, ENTERTAINMENT, TOWN PARK AND GREENWAY TRAILS, CHURCHES, LEES-McRAE COLLEGE AND ALL THAT BANNER ELK HAS TO OFFER IS EASILY ACCESSABLE. BIG STONE AND MASONRY FIREPLACE IS CAPABLE OF BURNING WOOD, BUT CURRENTLY HAS VERY CONVENIENT GAS LOGS INSTALLED! THE PAVED DRIVEWAY LEADS RIGHT INTO THE BIG, ATTACHED 2-CAR GARAGE. THIS PROPERTY WOULD BE A GREAT INVESTMENT, RENTAL PROPERTY OR A COMFORTABLE PRIMARY RESIDENCE! VERY FEW SINGLE FAMILY RESIDENTIAL PROPERTIES IN THIS PRICE RANGE ARE AVAILABLE IN BANNER ELK, ESPECIALLY ONES WITH NO POA DUES TO PAY!! DON'T LET THIS ONE GET AWAY!

12 days

757

14

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Fireplace(s), Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Dishwasher, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator
Laundry: Washer Hookup, Dryer Hookup, Main Level

Features

Attic, Skylights, Vaulted Ceiling(s)
Windows: Skylight(s)
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: One, Gas, Stone, Wood Burning, Propane

Interior area

Total structure area: 1,664
Total interior livable area: 1,664 sqft
Finished area above ground: 1,664
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Asphalt, Attached, Driveway, Garage, Two Car Garage, Paved, Private
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered, Multiple, Open
Exterior features: Paved Driveway

Lot

Size: 10,454.4 Square Feet

Details

Parcel number: 185918413717
Zoning description: R-1-U,Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Mountain,Ranch
Property subtype: Single Family Residence

Materials

Stucco, Wood Siding, Wood Frame
Roof: Asphalt,Shingle

Condition

Year built: 1992

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, High Speed Internet Available

Community & HOA

Community

Features: Long Term Rental Allowed
Subdivision: Sugar Tree Estates

HOA

Has HOA: No

Location

Region: Banner Elk

Financial & listing details

Price per square foot: $408/sqft
Tax assessed value: $273,900
Annual tax amount: $2,356
Date on market: 11/28/2025
Listing terms: Cash,New Loan
Road surface type: Paved

Estimated market value

$642,500

$610,000 - $675,000

$2,146/mo

Price history

Date	Event	Price
11/28/2025	Listed for sale	$679,500+257.6%$408/sqft
Source: High Country AOR #259215 Report a problem
8/25/2011	Sold	$190,000$114/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,096	$273,900
2023	$1,096 -53.5%	$273,900
2022	$2,356 +19.3%	$273,900 +54%

Find assessor info on the county website

BuyAbility℠ payment

Est. payment

$3,719/mo

Principal & interest

$3249

Home insurance

$238

Property taxes

$232

Climate risks

Neighborhood: 28604

Nearby schools

GreatSchools rating

7/10
Banner Elk Elementary School
Grades: PK-5Distance: 1.3 mi
2/10
Avery Middle
Grades: 6-8Distance: 7.4 mi
4/10
Avery County High School
Grades: 9-12Distance: 7.4 mi

Schools provided by the listing agent

Elementary: Banner Elk
High: Avery County

Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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