165 Leighway Lane, Banner Elk NC

  • 3 Bed
  • 3 Bath
  • 2685 ft2
  • 4.0 ac

For Sale $1,350,000

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Remarks:

Set on 4 beautiful acres in the heart of Valle Crucis, this spacious modern mountain home offers the rare combination of privacy, usable land, mountain views, and convenient access to some of the High Country’s most beloved destinations. With 4 sleeping spaces, 3 bathrooms, approximately 4,398 square feet, multiple gathering spaces, and a flexible layout, there is room here for family, friends, and guests to spread out and enjoy mountain living. Tucked away at the end of a tree-lined lane, the property feels wonderfully removed while remaining just 1.5 miles from the iconic Mast General Store and Valle Crucis Community Park, only half a mile from Watauga River access, and just 15 minutes to downtown Boone and 20 minutes to downtown Banner Elk. Colorful sunset mountain views, a beautiful trickling stream, and a gently rolling, partially fenced yard create an inviting outdoor setting with plenty of room for lawn games, evening strolls, winter sledding, gardening, or simply enjoying the wildlife. From the covered front porch, watch deer, fox, and wild turkey wander through the property while taking in the peaceful mountain surroundings. Inside, the home's generous size and flexible floor plan make it equally well suited for full-time living, a mountain retreat, or an income-producing vacation rental. Two family rooms, each with a gas fireplace, provide comfortable spaces for gathering, while a large upper level living area offers additional flexibility for recreation, hobbies, an office, or overflow sleeping. Four separate sleeping areas comfortably accommodate at least eight guests, with the potential to sleep 12 or more by adding built-in bunks in the spacious upper-level bedroom. The home has also been thoughtfully renovated and updated throughout, allowing the next owner to enjoy the character and setting of a Valle Crucis mountain property with major improvements already completed. Recent updates include a new roof on both the home and workshop and fresh exterior paint, completed in June 2026, as well as three fully renovated bathrooms, an updated kitchen, and numerous additional improvements throughout the home. A complete list of renovations and improvements is available in the attached documents. The updated kitchen offers a warm and welcoming space for everything from quiet mornings to holiday gatherings, while the beautifully renovated bathrooms bring a fresh, modern feel. Throughout the home, thoughtful finishes and comfortable gathering spaces complement the natural beauty of the property. Whether you're looking for a place to put down roots, a peaceful mountain escape, or a property with strong investment potential, this Valle Crucis property offers an exceptional opportunity to enjoy 4 acres, generous living space, beautiful natural surroundings, and a location that puts the best of the High Country within easy reach. List of items that convey available upon request. Seller is a licensed NC Realtor. Please note: The home cannot be seen from the main road. Feel free to drive down Leighway Ln. to take a look. There is plenty of room to turn around.

General Information:

List Price: $1,350,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 2685 sqft
Parking: Driveway, Attached Garage, Detached Garage, Garage Door Opener, Garage Faces Side, Garage Shop
MLS Number: CAR4409555
Subdivision: None
Style: Farmhouse, Traditional
Bathrooms: 3
Lot Description: Creek Front, Green Area, Level, Private, Rolling Slope, Creek/Stream, Wooded, Views
Year Built: 2004
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Valle Crucis
Middle: Valle Crucis
High: Watauga

Price & Sales History

Date Event Price $/SQFT
08-30-2026 Price Decrease $1,350,000-6.90% $503
08-12-2026 Listed $1,450,000 $541
11-22-2025 Under Contract $299,900 $112
10-28-2025 Listed $299,900 $112

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Valle Crucis Elementary 1 miles PK-05 8
Cove Creek Elementary 4 miles PK-05 7
Hardin Park Elementary 6 miles PK-05 9
Blowing Rock Elementary 7 miles KG-06 10
Bethel Elementary 8 miles KG-06 5
Green Valley Elementary 8 miles PK-05 7

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
165 Leighway Lane, Banner Elk NC 0 mi $1,350,000 days
221 White Oak Trail, Banner Elk NC 0.2 mi $729,000 days
171 Pleasant View Drive, Vilas NC 0.5 mi $1,295,000 days
126 Moore Mountain Road, Vilas NC 0.5 mi $650,000 days
192 Dewitt Barnett Road, Vilas NC 0.6 mi $555,000 days
1644 Broadstone, Banner Elk NC 0.9 mi $995,000 days
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Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28604

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By Keller Williams High Country

    165 Leighway Lane, Banner Elk NC is a 2685 ft2 on a 4.000 acres lot. This is for $1,350,000. This has 3 bedrooms, 3 baths, and was built in 2004.

    Based on information submitted to the MLS GRID as of 2026-08-12 22:11:16 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.