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For sale
  • Price cut: $10K (10/27)
    $289,000

    40 Painter Road, Banner Elk, NC 28604

    2beds
    491sqft
    : 
    Farm, Single Family Residence
    Built in 1909
    0.95 Acres Lot
    $273,900 Zestimate®
    $589/sqft
    $-- HOA

    What's special

    Front porchCozy bedroomsCharming gathering spaces
    Charming Historic Farmhouse in Banner Elk – More Than Meets the Eye! Listed at 491 sq ft due to ceiling heights under 7 feet, this home actually offers over 1,500 sq ft of functional, inviting living space that has been lovingly used and enjoyed for generations. While today’s standards may not count every inch, you certainly will—from cozy bedrooms to charming gathering spaces, there's room to live, relax, and create new memories. Step into the heart of Banner Elk history with this captivating early 1900s farmhouse, nestled just minutes from the town center. Built before the town was even incorporated, this home offers the warmth of a bygone era, thoughtfully maintained and full of character you won’t find in modern builds. Fully furnished and ready to enjoy, this home is ideal as a weekend retreat, short-term rental, or full-time residence for those who appreciate craftsmanship, charm, and simpler living. Picture mornings on the front porch, afternoons exploring nearby shops and trails, and evenings around the table in a space that feels like home the moment you walk in. If you're looking for something unique with soul, substance, and a story—you’ve found it. Don’t let the square footage on paper stop you from experiencing all this home truly offers.
    308 days
    |
    959
    |
    38
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 16, 2025 at 10:32am

    Listed by:

    Michelle Griffin (828)260-7751,

    High Country Resort Properties

    Source: High Country AOR,MLS#: 253593MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Ductless, Electric
    Cooling
    • Ductless
    Appliances
    • Included: Dryer, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Masonry
    Interior area
    • Total structure area: 0
    • Total interior livable area: 491 sqft
    • Finished area above ground: 491
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Gravel, No Garage, Private
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Exterior features: Gravel Driveway
    Lot
    • Size: 0.95 Acres
    Details
    • Parcel number: 18590083616400000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse,Mountain
    • Property subtype: Farm, Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Roof: Metal
    Condition
    • Year built: 1909

    Utilities & green energy

    • Sewer: Septic Permit Unavailable
    • Water: Private

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $589/sqft
    • Tax assessed value: $111,800
    • Annual tax amount: $447
    • Date on market: 2/5/2025
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Gravel
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    Estimated market value

    $273,900

    $260,000 - $288,000

    $1,162/mo

    Price history

    Price history
    DateEventPrice
    10/27/2025Price change$289,000-3.3%$589/sqft
    Source: High Country AOR #253593 Report a problem
    8/16/2025Price change$299,000-3.5%$609/sqft
    Source: Canopy MLS as distributed by MLS GRID #4258923 Report a problem
    7/21/2025Price change$310,000-4.6%$631/sqft
    Source: High Country AOR #253593 Report a problem
    7/9/2025Price change$324,900-4.2%$662/sqft
    Source: High Country AOR #253593 Report a problem
    5/26/2025Price change$339,000-2.9%$690/sqft
    Source: High Country AOR #253593 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$447 $111,800
    2023$447 $111,800
    2022$447 +22.8%$111,800 +68.9%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,584/mo
    Principal & interest
    $1384
    Home insurance
    $101
    Property taxes
    $99

      Climate risks

      Neighborhood: 28604

      Nearby schools

      GreatSchools rating
      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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