115 Balsam Lane, Banner Elk, NC 28604 (MLS # 260768)
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This is a rare opportunity in downtown Banner Elk. This newly renovated, one level living home on a flat lot was previously occupied by just one family for 65 years. The three-bedroom, three-bath home has been completely redone to include a new roof, windows, doors, dual fuel HVAC system, kitchen, bathrooms, floors, two concrete patios, landscaping and a private asphalt driveway. The home sits on 1.46 acres of usable, flat property with 250 feet of frontage on Shawneehaw Creek and within a short distance to the greenway trail connector to take you to Banner Elk Park. The home is located near all the great restaurants, entertainment and events downtown Banner Elk has to offer.
| DAYS ON MARKET | 98 | LAST UPDATED | 6/18/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1953 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
SCHOOLS
| Elementary School | Banner Elk |
|---|---|
| Jr. High School | Avery |
| High School | Avery County |
| PRICE HISTORY | |
| Prior to Jun 18, '26 | $950,000 |
|---|---|
| Jun 18, '26 - Today | $895,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Water Heater, Gas Range, Refrigerator |
| AREA | 8-Banner Elk |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Frame, Stone, Wood Siding |
| FIREPLACE | Yes |
| HEAT | Electric, Forced Air, Propane |
| LOT | 1.46 acre(s) |
| LOT DIMENSIONS | 1.46 |
| PARKING | Paved, Asphalt, Driveway, Private |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Mountain, Ranch |
| SUBDIVISION | None |
| TAXES | 1342.06 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Creek/Stream |
| WATER | Public |
| WATERFRONT DESCRIPTION | Creek, Stream |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
CONTACT US ABOUT 115 BALSAM LANE
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Listing provided by Melinda Eggers, Premier Sotheby's International Realty- Banner Elk, (828) 387-5376
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2026.
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Contact Information
3990 NC Highway 105 S. Suite C
Banner Elk, NC 28604
Banner Elk, NC 28604
Local: (828) 898.8965
Toll Free: 1 (800) 887.2446
Toll Free: 1 (800) 887.2446
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