344 & 348 Tumbling Brook Drive, Banner Elk NC
- 3 Bed
- 2 Bath
- 1428 ft2
- 16.0 ac
For Sale $1,998,000
Remarks:
Nestled in the NC Appalachian Mountains, this historic 16-acre farm at 4,000 ft elev, ideally located between Beech Mtn and Banner Elk. Surrounded by breathtaking views of Beech, Sugar, and Grandfather Mountains —moments from two area ski slopes, renowned golf courses, & trout streams. Includes two homes: a charming 3-bedroom, 1.5-bath main house with enclosed porch and cozy propane fireplace, and a 2-bdrm, 1-bath guest house. Main house has a whole-house generator. A picturesque creek, waterfalls, and wooded and cleared areas, a wildlife lover’s paradise. Space for expansion, with multiple building sites, desirable for future development, multi-family living, or short-term rental opportunities. A barn, tool shed, granary/shop, cellar, and two carports. A true gem, providing opportunity to experience mountain living at its finest—whether a home/vacation retreat, a family compound, or income-generating investment. Don’t miss your chance to own in one of the most desirable resort areas.
General Information:
| List Price: | $1,998,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1428 sqft |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4202279 |
| Subdivision: | none |
| Bathrooms: | 2 |
| Lot Description: | Pasture, Private, Creek/Stream, Wooded, Views, Waterfall |
| Year Built: | 1939 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Banner Elk |
| Middle: | Cranberry |
| High: | Avery County |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-27-2025 | Listed | $1,998,000 | $1,400 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Grandfather Academy | 1 miles | 01-07 | 1 |
| Valle Crucis Elementary | 6 miles | PK-05 | 8 |
| Bethel Elementary | 9 miles | KG-06 | 5 |
| Cove Creek Elementary | 9 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 |
| 344 & 348 Tumbling Brook Drive, Banner Elk NC | 0 mi | $1,998,000 | days | |
| 520 Penny Lane, Banner Elk NC | 0.3 mi | $582,000 | days | |
| 552 Penny Lane, Banner Elk NC | 0.4 mi | $749,900 | days | |
| 94 Silver Fox Ridge, Beech Mountain NC | 0.8 mi | $1,645,000 | days | |
| 706 Silver Springs Drive, Banner Elk NC | 0.9 mi | $2,950,000 | days | |
| 372 Silver Springs Drive, Banner Elk NC | 1 mi | $689,900 | days |
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 |
Commute Distance & Time
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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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28604
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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.
Property Listing Information
A Courtesy Listing Provided By True North Realty
344 & 348 Tumbling Brook Drive, Banner Elk NC is a 1428 ft2 on a 16.000 acres lot. This is for $1,998,000. This has 3 bedrooms, 2 baths, and was built in 1939.
Based on information submitted to the MLS GRID as of 2025-04-27 10:20:43 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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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.
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