For Sale $480,000
1697 Balm Highway is a beautiful mountain retreat offering both privacy & stunning views. Situated on a 1.42-acre lot with breathtaking mountain vistas, this home features Shawneehaw Creek running along the back of the property, enhancing its tranquil atmosphere. The main level includes a gorgeous kitchen, perfect for everyday living & entertaining. Relax in the spacious sunroom, which is heated & cooled for year-round comfort. The primary bedroom features a private deck with mountain views, & the back deck provides the perfect spot to enjoy the surrounding nature. Stay warm & cozy with 4 fireplaces throughout the home - 1 wood-burning and 3 propane. The fully finished basement, with a separate entrance, includes a full kitchen, 1 bedroom, a living room, & a bathroom, offering the perfect opportunity for guests or even as an Airbnb rental. This property is an ideal full-time residence or vacation home, with easy access to nearby ski resorts, Boone, & Appalachian State University.
| List Price: | $480,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2032 sqft |
| Parking: | Circular Driveway, Driveway |
| MLS Number: | CAR4232252 |
| Subdivision: | None |
| Bathrooms: | 3 |
| Lot Description: | Flood Fringe Area, Flood Plain/Bottom Land, Open Lot, Creek/Stream |
| Year Built: | 1960 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 07-02-2025 | Price Increase | $480,000+1.05% | $237 |
| 06-07-2025 | Listed | $475,000 | $234 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Grandfather Academy | 2 miles | 01-07 | 1 |
| Valle Crucis Elementary | 5 miles | PK-05 | 8 |
| Cove Creek Elementary | 8 miles | PK-05 | 7 |
| Bethel Elementary | 9 miles | KG-06 | 5 |
| Blowing Rock Elementary | 10 miles | KG-06 | 10 |
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.
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 |
| 1697 Balm Highway, Banner Elk NC | 0 mi | $480,000 | days | |
| 40 Painter Road, Banner Elk NC | 0.4 mi | $289,000 | days | |
| 176 Snow Mountain Lane, Banner Elk NC | 0.8 mi | $739,000 | days | |
| 1090 Horse Bottom Road, Banner Elk NC | 0.9 mi | $625,000 | days | |
| 92 Grouseberry Drive, Banner Elk NC | 0.9 mi | $919,000 | days | |
| 438 Sky Rock Trail, Banner Elk NC | 0.9 mi | $1,100,000 | days |
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 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
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.
A Courtesy Listing Provided By Jeff Cook Real Estate LPT Realty
1697 Balm Highway, Banner Elk NC is a 2032 ft2 on a 1.420 acres lot. This is for $480,000. This has 4 bedrooms, 3 baths, and was built in 1960.
Based on information submitted to the MLS GRID as of 2025-06-07 10:01:10 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.
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