Active
7 beds3,841 sqft$195/sqft
625 Old Turnpike Rd, Banner Elk, NC 28604
Est: $4,107/moGet pre-approved
Single FamilyProperty Type
0.34 acresLot Size
1985Year Built
$195/sq ftPrice per sq ft

Description

Exceptional Downtown Banner Elk Opportunity! Located within the city limits of Banner Elk, this spacious SEVEN bedroom, four and a half bath mountain home offers unbeatable combination of character, convenience and investment potential. Banner Elk is known for its walkable downtown, dining, shopping and lively events, making this location especially appealing for both full-time living and vacation rental use. Inside the home there is a floor to ceiling real rock wood burning fireplace as well as...Exceptional Downtown Banner Elk Opportunity! Located within the city limits of Banner Elk, this spacious SEVEN bedroom, four and a half bath mountain home offers unbeatable combination of character, convenience and investment potential. Banner Elk is known for its walkable downtown, dining, shopping and lively events, making this location especially appealing for both full-time living and vacation rental use. Inside the home there is a floor to ceiling real rock wood burning fireplace as well as another impressive stone wall with a flue for a Jotul wood stove that creates an inviting gathering space outside of the kitchen. With 7 bedrooms and 4.5 baths, there is plenty of room for family, friends or vacation guests. Outdoor living is also appealing with 2 large decks. There is a lower level under the basement that has been previously used as a workshop. Great space! The basement level can be accessed from outside and could be a separate 3 bedroom apartment. There with an old kitchenette in place so the kitchen fundamentals are there. City water and sewer. One of the greatest features of this home is the location! You can easily walk to town to enjoy local events, restaurants, shops and even breweries. This home is a rare combination of space, character and convenience in the heart of Banner Elk.
3 days on Market
  • Listed by: Marsha McManus • The Summit Group Of The Carolinas (828) 898-3500
  • Listed by: James Canterbury • The Summit Group Of The Carolinas
Last updated: 08/28/2026 09:37 AM • Source: High Country Association of REALTORS, MLS#: 263994

Location

Listing Courtesy of The Summit Group Of The Carolinas
Add your commute

Payment Calculator

$4,107 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,807

Property Taxes

$300

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 625 Old Turnpike Road

Property Details
  • Taxes: $3,597 / year
  • MLS Type: Residential / Single Family Residence
  • County: Avery County
  • Architectural Style: Mountain
  • Parking Features: Asphalt, Driveway, NoGarage
  • View: Yes
  • Subdivision Name: Beacon Hills Estates
  • View: Mountains
  • Zoning Description: R2
Building Information
  • Stories: 4
  • Year Built: 1985
  • Lot Size: 0.34 AC / 14,766 SF
Summary
Location and General Information
  • Directions: From Hwy. 194 in Banner Elk, turn on Old Turnpike E. Enter on the North east end and it is the first driveway on the right. Look for sign.
  • 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: 1859-19-52-7144-00000
  • Association: No
  • Tax Annual Amount: $3,597
  • Tax Book Number: 597/2219
  • Tax Legal Description: BEACON HILL 001 0020 0047
  • Tax Lot: 1
School Information
  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area: 2545.0
  • Below Grade Finished Area: 1296.0
  • Lot Size Acres: 0.339
  • Lot Size Area: 0.339
  • Lot Size Units: Acres
  • Living Area: 3841.0
Property and Assessments
  • Year Built: 1985
  • Documents Available: Disclosures, RestrictiveCovenants, SellersPropertyDisclosure
  • Human Modified: Yes
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: WoodSiding, WoodFrame
  • Foundation Details: PillarPostPier
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle
Interior Features
  • Stories: 4
  • Stories Total: 4
  • Flooring: Carpet, LuxuryVinyl, LuxuryVinylPlank, Vinyl
  • Basement: Yes
  • Basement: CrawlSpace, ExteriorEntry
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total: 5
  • Bedrooms Total: 7
  • Cooling: No
  • Cooling: None
  • Heating: Yes
  • Heating: Baseboard, Electric, ForcedAir, Fireplaces, Gas, Propane, Wood, WoodStove
  • Furnished: Furnished
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Two, FreeStanding, Other, SeeRemarks, Stone, WoodBurning
  • Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, GasWaterHeater, MicrowaveHoodFan, Microwave, Refrigerator, Washer
  • Interior Features: CathedralCeilings, Furnished, VaultedCeilings
  • Window Features: CasementWindows

Property History for 625 Old Turnpike Road

DateEvent & SourcePriceAppreciation
Aug 27, 2026

Listed (Active)

High Country Association of REALTORS #263994

$749,000
DateEvent & SourcePrice
08/27/2026

Listed (Active)

High Country Association of REALTORS #263994

$749,000

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

Public Records for 625 Old Turnpike Road

Taxable ValueLand$65,000Additions$353,300Total$418,300
Tax Record2025$3,597 ($300 / month)
Home Facts
Beds6Baths3.5Total Finished SqFt5,260 SqFtAbove Grade Finished SqFt3,804 SqFtFinished Basement SqFt1,456 SqFtStories1Lot Size14,769 SqFtStyleSingle Family ResidenceYear Built1985Year Renovated1995ZoningR1CountyAVERYAPN1859-19-52-7144-00000

Schools near 625 Old Turnpike 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 - 9 to 12
Rating
School
Distance
Banner Elk Elementary School
PublicPK to 5

Avery Middle
Public6 to 8

Avery County High School
Public9 to 12

Avery County High School STEM Academy
Public9 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.

Similar Homes

New listings in 28604

$460,000 | 211 Wild Daisy Lane, Beech Mountain, NC 28604
1/22
New

$460,000

3
Bedrooms
1,456
Square Feet
0.74
Acres
$549,000 | 2846-2818 Broadstone Road, Banner Elk, NC 28604
1/50

$549,000

2
Bedrooms
936
Square Feet
0.83
Acres
$949,000 | 206 Creekside Farm Road, Banner Elk, NC 28604
1/45

$949,000

3
Bedrooms
2,340
Square Feet
0.73
Acres
$324,900 | G35 Skycamp Overlook Overlook, Unit OVERLOOK, Banner Elk, NC 28604
1/39

$324,900

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.53
Acres
$329,000 | 101 Hornbeam Road, Unit 7C, Banner Elk, NC 28604
1/38

$329,000

3
Bedrooms
1,110
Square Feet
$279,000 | 196 Trout Pond Lane, Unit 2, Banner Elk, NC 28604
1/50

$279,000

1
Bedrooms
669
Square Feet
$500,000 | 151 Red Tailed Hawk Road, Banner Elk, NC 28604
1/31

$500,000

1
Bedrooms
520
Square Feet
0.89
Acres
$399,000 | 242 Charter Hills Road, Beech Mountain, NC 28604
1/22

$399,000

3
Bedrooms
810
Square Feet
0.28
Acres
$220,000 | 1443 Sugar Mountain Drive, Unit G37B, Sugar Mountain, NC 28604
1/26

$220,000

1
Bedrooms
530
Square Feet

625 Old Turnpike Road is a single family home for sale in Banner Elk, NC 28604. This property was listed for sale on August 27, 2026 by The Summit Group Of The Carolinas, it's currently listed at $749,000. This listing's school district is Avery County School District. Nearby schools include Banner Elk Elementary School, Avery Middle and Avery County High School. 625 Old Turnpike Road is a 7-bed, 5-bath, 3,841 sqft single family home built in 1985.

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.

Listing Courtesy of The Summit Group Of The Carolinas

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.