160 Old Tpke E Rd

$1,425,000
Price
5
Beds
2,572 Sq. Ft.
$554 / Sq. Ft.
2,572
Sq. Ft.
$554
per Sq. Ft.

Description

Historic Banner Elk Estate: The Pink House
A Distinguished Mountain Legacy Dating to 1912
Originally constructed as The Banner Elk Inn, this architecturally significant residence—affectionately known as “The Pink House”—represents a rare opportunity to own a piece of Banner Elk’s storied heritage. This renovated estate seamlessly marries period authenticity with contemporary luxury, creating an exceptional mountain retreat of unparalleled character. Prime Downtown Location
Positioned just 0.3 miles
...Historic Banner Elk Estate: The Pink House

A Distinguished Mountain Legacy Dating to 1912
Originally constructed as The Banner Elk Inn, this architecturally significant residence—affectionately known as “The Pink House”—represents a rare opportunity to own a piece of Banner Elk’s storied heritage. This renovated estate seamlessly marries period authenticity with contemporary luxury, creating an exceptional mountain retreat of unparalleled character. Prime Downtown Location
Positioned just 0.3 miles from Banner Elk’s vibrant downtown corridor, this property offers the coveted combination of historic significance and modern convenience. Banner Elk’s finest restaurants, boutique shopping, and cultural attractions are within an easy stroll. Thoughtfully Curated Interiors
The residence encompasses 5 bedrooms, 4 full bathrooms, and 3 half baths across three distinctive levels. The home’s historic soul reveals itself in the original parlor, where authentic beadboard walls and period lighting transport guests to a bygone era. The expansive living room, anchored by a gas fireplace and appointed with built-in bookcases, offers both grandeur and comfort with dual-function overhead lighting and ceiling fans. The main floor also features a generously proportioned primary suite with ensuite bathroom and walk-in closet. A mudroom entry provides integrated laundry facilities, complete with washer, dryer, and utility sink. A culinary centerpiece, the reimagined kitchen features custom cabinetry, premium Cafe appliances, and Italian soapstone countertops. A concealed walk-in pantry adds both functionality and intrigue, while the adjacent dining area provides an elegant setting for entertaining. The second level houses four additional bedrooms—two with private ensuite bathrooms—plus a shared full bathroom and convenient half bath. The third level provides two flexible spaces ideal for home offices, guest quarters, or creative pursuits, serviced by an additional half bath. Distinctive Outdoor Spaces
Multiple exterior living areas enhance the property’s appeal. Original stone steps descend directly to Main Street, while a covered side porch with swing provides the perfect vantage point for mountain air contemplation. The thoughtfully landscaped grounds feature historic water fountains and an outdoor fireplace, creating intimate gathering spaces. A newly constructed rear patio, enclosed by custom fencing, offers additional privacy and entertaining opportunities. Investment Potential
This exceptional property presents multiple ownership possibilities: establish a distinguished primary residence, create an enviable vacation retreat, or explore restoration as a boutique bed and breakfast with appropriate municipal permitting. The combination of prime location, historic provenance, and modern amenities creates a truly singular investment opportunity in Banner Elk’s prestigious real estate market. Seller would consider a partial seller finance option. Broker Interest
  1. Listed by Josh Honeycutt • Howard Hanna Allen Tate Realtors Boone • (828) 278-8337

Property Details for 160 Old Tpke E Road

Architectural Style
Farmhouse, Mountain
Parking Features
Driveway, Gravel, Private
Subdivision Name
None
LISTING UPDATED: 11/19/2025 12:28 PM

Property Details for 160 Old Tpke E Road

StatusActive
MLS #255699
Days on Market178
Taxes$2,001 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1912
Lot Size0.37 AC / 16,117 SF
CountyAvery County

Location

Listing Courtesy of Howard Hanna Allen Tate Realtors Boone
Add your commute

Building Information for 160 Old Tpke E Road

Stories3Year Built1912Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$7,208 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,041

Property Taxes

$167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 160 Old Tpke E Road

Summary
Location and General Information
  • Directions: From the stop light in downtown Banner Elk, take a right onto Main St E (Hwy 194) and follow for 0.3 miles. The house will be on the left. To access the driveway you will need to turn left onto Old Turnpike and the driveway will be on the right.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Responsibility: PublicMaintainedRoad
  • MLS Area Major: 8-Banner Elk
  • MLS Area Minor: Banner Elk
Taxes and HOA Information
  • Parcel Number: 1859-18-31-8136-00000
  • Association: No
  • Tax Annual Amount: $2,001
  • Tax Book Number: 596/2381
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery
Property
Lot Information
  • Above Grade Finished Area: 2572.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Units: Acres
  • Living Area: 2572.0
Property and Assessments
  • Year Built: 1912
  • Human Modified: Yes
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Building Features: PrivateRestrooms
  • Exterior Features: FirePit, GravelDriveway
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: FiberCement, WoodFrame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered
  • Roof: Metal
Interior Features
  • Levels: ThreeOrMore
  • Stories: 3
  • Stories Total: 3
  • Flooring: CeramicTile, Wood
  • Basement: Yes
  • Basement: Unfinished
  • Bathrooms Full: 4
  • Bathrooms Half: 3
  • Bathrooms Total: 7
  • Bedrooms Total: 5
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: CentralAir, OneUnit
  • Heating: Yes
  • Heating: Baseboard, Electric, HeatPump
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Two, FreeStanding, Gas, Stone, WoodBurning
  • Laundry Features: MainLevel
  • Appliances: Dryer, Dishwasher, ElectricCooktop, ElectricRange, Disposal, GasWaterHeater, Refrigerator, Washer, WaterHeater

Property History for 160 Old Tpke E Road

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Price Change

High Country Association of REALTORS #255699

$1,425,000
Jul 17, 2025

Price Change

High Country Association of REALTORS #255699

$1,499,000
Jul 4, 2025

Listed (Active)

High Country Association of REALTORS #255699

$1,600,000
DateEvent & SourcePrice
11/19/2025

Price Change

High Country Association of REALTORS #255699

$1,425,000
07/17/2025

Price Change

High Country Association of REALTORS #255699

$1,499,000
07/04/2025

Listed (Active)

High Country Association of REALTORS #255699

$1,600,000

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

Schools near 160 Old Tpke E 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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160 Old Tpke E Road is a single family home for sale in Banner Elk, NC 28604. This property was listed for sale on July 4, 2025 by Howard Hanna Allen Tate Realtors Boone, it's currently listed at $1,425,000. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Avery Middle and Avery County High School. 160 Old Tpke E Road is a 5-bed, 7-bath, 2,572 sqft single family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna Allen Tate Realtors Boone

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.