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.
For sale
Price cut: $10K (10/27)
$289,000
40 Painter Road, Banner Elk, NC 28604
2beds
491sqft
Est.:
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
- 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#: 253593
Originating 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
Estimated market value
$273,900
$260,000 - $288,000
$1,162/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Price change | $289,000-3.3%$589/sqft |
Source: | ||
| 8/16/2025 | Price change | $299,000-3.5%$609/sqft |
Source: | ||
| 7/21/2025 | Price change | $310,000-4.6%$631/sqft |
Source: | ||
| 7/9/2025 | Price change | $324,900-4.2%$662/sqft |
Source: | ||
| 5/26/2025 | Price change | $339,000-2.9%$690/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 7/10Banner Elk Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 2/10Avery MiddleGrades: 6-8Distance: 8 mi
- 4/10Avery County High SchoolGrades: 9-12Distance: 8 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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