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Residential Land with Home for Sale in Banner Elk, North Carolina

5349 Hickory Nut Gap Rd, Banner Elk, NC 28604

$384,000
3.87 acres
Active
$5k drop
Est $2,115/mo

SELLER OFFERING A $5,000 CREDIT TOWARDS APPLIANCES AND A MINISPLIT UPSTAIRS. Charming 2 BR / 2 BA mountain home located just a few miles outside of Banner Elk, NC. This fully-furnished jewel is a current successful short-term rental sitting on approx 5 acres of hillside. Inside you are greeted with a nice living area with a kitchen and two good size bedrooms. Downstairs is where the fun happens with a pool table for your guests enjoyment. Outside you can enjoy the porches as well as the outdoor landscape with nature or enjoy a fire at the large firepit area. To maximize short term rental income you can convert the current game room to another bedroom and the one car garage into a large game room area.

1,215
Sq feet
2
Beds
2
Full baths
1980
Built

Location

Street address
5349 Hickory Nut Gap Rd
Elevation
4,103 feet
Coordinates
36.1351, -81.8987

Directions

From Banner Elk, NC Take Tynecastle Hwy towards Sugar Mountain for 1/2 mile and turn right onto Hickory Nut Gap Rd. Follow for about 3 miles and the home is on the right. Please note that Google Maps will try to take you to Newland, NC which is incorrect.

Property details

Acreage
3.87 acres
MLS #
CMLS 4302804
Posted

Parcels

  • 1848-00-40-0468

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Sloped

Exterior

Parking
Driveway
Features
Fire Pit

Structure

Stories
2
Water
Well
Heating
Baseboard
Cooling
Window Unit(s)
Materials
Wood
Roof
Metal

Interior

Rooms
Bathroom x 2, Bedroom x 2, Laundry Room
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Washer/Dryer

Listing history

DateEventPriceChangeSource
Oct 28, 2025Price drop$384,000$5,000 -1.3%CMLS
Sept 26, 2025New listing$389,000CMLS
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This 3.87-acre property is located at 5349 Hickory Nut Gap Rd in Banner Elk, NC 28604. The property is available for sale for $384,000. It has a 1,215 sq ft 2 bedroom, 2 bath house built in 1980.

Checked 42 mins ago — Updated

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