Active
2 beds3,410 sqft

150 Watauga River Rd, Banner Elk, NC 28604

Est: $3,826/moGet pre-approved
Single FamilyProperty Type
0.84 acresLot Size
1986Year Built
$205/sq ftPrice per sq ft
2 carsParking Spaces

Description

Spectacular Watauga Riverfront Estate – Dual Living Quarters & Ultimate Waterfront Decks
Discover the ultimate riverfront retreat on the pristine waters of the Watauga River. This expansive property is an entertainer's dream, offering an unparalleled waterfront lifestyle, exceptional space, and incredible value-add potential. Designed to comfortably sleep 12+ guests, this estate functions as a 6-bedroom, 3-bathroom haven featuring two separate, fully equipped living quarters— great for multi-generational
...Spectacular Watauga Riverfront Estate – Dual Living Quarters & Ultimate Waterfront Decks
Discover the ultimate riverfront retreat on the pristine waters of the Watauga River. This expansive property is an entertainer's dream, offering an unparalleled waterfront lifestyle, exceptional space, and incredible value-add potential. Designed to comfortably sleep 12+ guests, this estate functions as a 6-bedroom, 3-bathroom haven featuring two separate, fully equipped living quarters— great for multi-generational living, a premier vacation rental, or a high-capacity mountain-river getaway. The Ultimate Riverfront Experience
Step outside onto an incredible multi-tiered series of decks that cascade seamlessly from the main house all the way down to the rushing waters of the Watauga River. Whether you are hosting massive gatherings, soaking in the mountain air, or stepping right off your lower deck to fly-fish, kayak, or just play in the fresh mountain water, this outdoor living space offers a riverfront experience that is truly second to none. Dual Living Quarters & Versatile Layout
• Main & Upper Levels: Feature spacious living areas framed by river views, a functional layout, and multiple sleeping areas to accommodate large groups. All furniture conveys with the house. All furniture conveys with the house • Finished Lower Level: A fully finished basement serves as the second independent living quarters. It provides excellent privacy, additional recreation space, and direct access to the outdoor deck systems. All furniture conveys with the house. (Note: Basement square footage reflects unpermitted work; finished to a high standard but sold as-is). (Note: Basement square footage reflects unpermitted work; finished to a high standard but sold as-is) • Sewer/Septic Note: The home offers the functionality and layout of a 6-bedroom home but is serviced by a 2-bedroom septic system. Detached 2-Car Garage with Unmatched Value-Add Potential
The massive detached two-car garage is a hobbyist’s or investor’s dream, offering two major bonus features:
1. Plumbed for a Half-Bath: Main-level garage plumbing is already stubbed out and ready for easy installation.
2. Unfinished Man Cave / Lady Lair: Construction has already begun on a massive bonus space above the garage. All on-site wood building materials convey with the sale, giving the next owner a massive head start on creating a detached game room, home office, or additional guest suite. Imagination is yours! Whether you are looking for a lucrative premier rental property that can host a crowd, or a family compound on one of the region's most desirable rivers, this Watauga River gem offers space, functionality, and upside that you won't find anywhere else. Schedule your tour today to experience the decks and the river in person!
Days on Market Listed Today
  • Listed by: Billie Rogers • Keller Williams High Country (828) 964-0746
Last updated: 10/06/2026 03:25 PM • Source: High Country Association of REALTORS, MLS#: 264716
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Location

Listing Courtesy of Keller Williams High Country
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Payment Calculator

$3,826 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,732

Property Taxes

$94

HOA Dues

$0

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Property Information for 150 Watauga River Road

Property Details

  • Taxes: $1,132 / year
  • MLS Type: Residential / Single Family Residence
  • County: Avery County
  • Architectural Style: Cottage, Mountain
  • Waterfront Features: RiverFront, RiverAccess
  • Parking Features: Driveway, Detached, Garage, TwoCarGarage, Gravel, Other, Oversized, Private, SeeRemarks
  • View: Yes
  • Subdivision Name: None
  • View: River
  • Zoning Description: None

Building Information

  • Stories: 2
  • Year Built: 1986
  • Lot Size: 0.84 AC / 36,590 SF

Summary

Location and General Information
  • Directions: From Banner Elk toward Boone on Hwy 105 - Turn right on Watauga River Road at the Grandfather Storage Warehouses. Drive behind the storage units (this is still Watauga River Road). Continue on Watauga River Road to the end. House is at the end of the road.
  • Road Surface Type: Gravel
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 8-Banner Elk
  • MLS Area Minor: Banner Elk
Taxes and HOA Information
  • Parcel Number: 1867-02-67-9289-00000
  • Association: No
  • Tax Annual Amount: $1,132
  • Tax Book Number: 546/1029
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery
Parking
  • Attached Garage: No
  • Garage: Yes
  • Garage Spaces: 2.0

Property

Lot Information
  • Above Grade Finished Area: 1705.0
  • Below Grade Finished Area: 1705.0
  • Lot Size Acres: 0.84
  • Lot Size Area: 0.84
  • Lot Size Units: Acres
  • Living Area: 3410.0
Property and Assessments
  • Other Structures: GuestHouse, LivingQuarters, Outbuilding
  • Year Built: 1986
  • Documents Available: Disclosures, SellersPropertyDisclosure
  • Human Modified: No
Utilities
  • Sewer: SepticPermit2Bedroom
  • Utilities: HighSpeedInternetAvailable
  • Water Source: SharedWell

Interior and Exterior Features

Exterior Features
  • Exterior Features: OutBuildings, GravelDriveway
  • Community Features: Fishing, River, LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: WoodSiding, WoodFrame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open, WrapAround
  • Roof: Architectural, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Flooring: Carpet, PorcelainTile, Wood
  • Basement: Yes
  • Basement: Finished, InteriorEntry, BathStubbed, WalkOutAccess
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 2
  • Cooling: Yes
  • Cooling: CentralAir
  • Heating: No
  • Heating: Electric, ForcedAir, None
  • Furnished: Furnished
  • Fireplace: No
  • Fireplace Features: None
  • Laundry Features: InBasement
  • Appliances: Dryer, Dishwasher, ExhaustFan, ElectricRange, GasRange, GasWaterHeater, MicrowaveHoodFan, Microwave, Refrigerator, Washer
  • Interior Features: CarbonMonoxideDetector, Furnished, SecondKitchen
  • Window Features: DoubleHung

Property History for 150 Watauga River Road

DateEvent & SourcePriceAppreciation
Oct 6, 2026

Listed (Active)

High Country Association of REALTORS #264716

$699,000—
Jul 30, 2020

Closed

High Country Association of REALTORS #222054

$294,000—
Jul 21, 2020

Closed (Public Record)

Public Record #675059346

$294,000—
DateEvent & SourcePrice
10/06/2026

Listed (Active)

High Country Association of REALTORS #264716

$699,000
07/30/2020

Closed

High Country Association of REALTORS #222054

$294,000
07/21/2020

Closed (Public Record)

Public Record #675059346

$294,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 150 Watauga River Road

Taxable Value

Land

$32,800

Additions

$250,200
Total$283,000

Tax Record

2025

$1,132 ($94 / month)

Home Facts

Beds

6

Baths

3

Total Finished SqFt

5,115 SqFt

Above Grade Finished SqFt

3,410 SqFt

Finished Basement SqFt

1,705 SqFt

Stories

1

Lot Size

36,590 SqFt

Style

Single Family Residence

Year Built

1986

Year Renovated

1996

County

AVERY

APN

18670267928900000

Fireplace Type

Has Fireplace

Schools near 150 Watauga River Road

This home is within Avery County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Banner Elk Elementary School
PublicPK to 5

Avery Middle
Public6 to 8

Avery County High School
Public9 to 12

Blue Ridge Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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150 Watauga River Road is a single family home for sale in Banner Elk, NC 28604. This property was listed for sale on October 6, 2026 by Keller Williams High Country, it's currently listed at $699,000. It has been on the market for a total of 0 days and was last sold on July 30, 2020. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Avery Middle and Avery County High School. 150 Watauga River Road is a 2-bed, 3-bath, 3,410 sqft single family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams High Country

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.