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Land with Home for Sale in Banner Elk, North Carolina

5349 Hickory Nut Gap Rd, Banner Elk, NC 28604

$369,000
3.87 acres
Active sale
$5k drop
Est $1,962/mo

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
Zoning
Residencial
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
Fireplaces
Yes
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Washer/Dryer

Listing history

DateEventPriceChangeSource
Apr 7, 2026Price drop$369,000$5,000 -1.3%CMLS
Apr 2, 2026Relisted$374,000CMLS
Mar 21, 2026Listing removed$374,000Listing agent
Mar 17, 2026Under contract$374,000CMLS
Jan 26, 2026Price drop$374,000$5,000 -1.3%CMLS
Dec 27, 2025Price drop$379,000$5,000 -1.3%CMLS
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 $369,000. It has a 1,215 sq ft 2 bedroom, 2 bath house built in 1980.

Checked 3 hours ago — Updated

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