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Sold on 10/30/2023

490 Old Turnpike Rd, Banner Elk, NC 28604

  • $333,000

    Last sold 10/30/2023 for $300K

  • 3

    bed

  • 2

    bath

  • 747

    Sqft ($402/Sqft)

House not for sale
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About 490 Old Turnpike Rd

Property type House
Neighborhood
Year built 1938
HOA fee $0/month
Lot size 9,148 Sqft
Movoto estimate
Rental estimate
Property description
INVESTOR PROPERTY!!!! PRICED TO SELL AT $299K. CHARMING FARM HOUSE RENOVATED IN 2019 located in BANNER ELK!! This home is definitely a MUST SEE. It is just minutes from Lees McRae College, downtown Banner Elk, Beech Mountain and Sugar Mountain! Both LONG & SHORT terms rentals are permitted! The home has upper and lower units and are being used separately with separate entrances. The main home has a covered porch with swing that overlooks the flat front yard with plenty of parking. In the Upper unit there are 2 bedrooms & 1 full bath, family room, dining room & gorgeous kitchen that opens up to the rear screened in porch which overlooks the large flowing creek & fire pit area. There is also a 9 x 13 closet off the master bedroom. The lower level (currently rented) has 1 bedroom/1 full bath, living room, dining room & renovated kitchen. The lower unit is rented on a month to month basis for $1200 per month. The upstairs unit could rent for $1,300-$1,500 a month. The square footage listed is for the upper level only due to the lower unit having separate entry access. The tax records list the home as being 1418 sq.ft. total.
Listed by
Listing Agent - Karen Cleghorn
Listing Agent Contact: 828-737-3100
Listing Office - Blue Ridge Realty & Inv. - Banner Elk
Source: High Country AOR mls logo
MLS#246067 • last updated 2 years ago
Movoto checked High Country AOR for data 2 hours ago
Overview
Cooling/AC Other, See Remarks, Wall/Window Unit(s)
Heating Baseboard, Electric
Levels/Style Two, 2, Cottage, Farmhouse
MLS # 246067
Living Area 747
Subtype Single Family Residence
Type Residential
Status Closed
Lot Size (Acres) 0.21
Prop Tax 798.08
Year Built 1938
Building Area 770
Interior
Total # Bathrooms 2
# Full Baths 2
# Bedrooms 3
Basement Exterior Entry, Finished, Walk-Out Access
Appliances Dishwasher, Electric Range, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator
Interior Features Second Kitchen
Fireplace None
Exterior
Foundation Basement
Roof Metal
Construction Wood Siding, Wood Frame
Parking Desc No Garage
Exterior Features Fire Pit
Other Structures Living Quarters
Amenities / Utilities
Utilities Cable Available, High Speed Internet Available
Sewer/ Septic Public Sewer
Water Source Public
Location
Area 8-Banner Elk
County Avery
Community Features Long Term Rental Allowed, Short Term Rental Allowed
Subdivision None
Elementary School Banner Elk
High School Avery County
APN 1849-00-80-5098-00000
Lot/ Land Details
Road Responsibility Public Maintained Road
Road Surface Paved
  • Oct 2023
    mls logo MLS # 246067
  • Oct 30, 2023 Sold
    $300,500 (+0.5%)
  • Oct 9, 2023 Pending
    —
  • Oct 9, 2023 Active
    —
  • Oct 1, 2023 Listed
    $299,000 (-14.3%)
  • Jul 2023
    mls logo MLS # 244732
  • Jul 20, 2023 Pending
    —
  • Jul 20, 2023 Active
    —
  • Jul 17, 2023 Listed
    $349,000 (+53.1%)
  • Nov 2020
    mls logo MLS # 225111
  • Nov 5, 2020 Price Change
    $228,000 (-4.6%)
  • Oct 5, 2020 Listed
    $239,000 (+158.4%)
  • Oct 2020
    mls logo MLS # 3673259
  • Oct 19, 2020 Listed
    $239,000
  • May 2019
    mls logo MLS # 212844
  • May 2, 2019 Sold
    $92,500 (-4.6%)
  • Mar 3, 2019 Listed
    $97,000

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Nearby homes for sale in Banner Elk, NC

  • Real Estate
  • NC
  • Avery County
  • Banner Elk
  • 28604
  • 490 Old Turnpike Rd
$333K
Range: $283K-$382K
Last 30 days 
Rental est.: $6,664/month
Gross rent multiplier: 3.7 - Excellent

Nearby recently sold homes in Banner Elk, NC

  • 490 Old Turnpike Rd
    $300K
  • 8-banner Elk
    —
  • 28604
    $549K +3% y/y
  • Banner Elk
    $879K +17% y/y
No chart available
Statistics calculated by Movoto
8/10
Banner Elk Elementary School
public Grades PK, K-5
Avery County School District
3/10
Avery Middle
public Grades 6-8
Avery County School District
Source: GreatSchools.org © 2026. All rights reserved.
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